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REGISTERED NUMBER: NI679150 (Northern Ireland)















BRENT (N0. 190) LIMITED

Unaudited Financial Statements for the Year Ended 31 May 2025





Cooper Parry Advisory Limited
36-38 Northland Row
Dungannon
Co. Tyrone
BT71 6AP








BRENT (N0. 190) LIMITED (REGISTERED NUMBER: NI679150)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 MAY 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


BRENT (N0. 190) LIMITED

Company Information
FOR THE YEAR ENDED 31 MAY 2025







DIRECTORS: Des Nugent
Anne Nugent





REGISTERED OFFICE: 16 Fairhill Road
Cookstown
Co. Tyrone
BT80 8AG





REGISTERED NUMBER: NI679150 (Northern Ireland)





ACCOUNTANTS: Cooper Parry Advisory Limited
36-38 Northland Row
Dungannon
Co. Tyrone
BT71 6AP
1
BRENT (N0. 190) LIMITED (REGISTERED NUMBER: NI679150)

Statement of Financial Position
31 MAY 2025

2025 2024
Notes £ £
NON-CURRENT ASSETS
Property, plant and equipment 5 1,279,954 37,916
Investments 6 2 2
1,279,956 37,918

CURRENT ASSETS
Inventories 4,295,000 4,295,000
Receivables: amounts falling due within
one year
7
-
92,995
Cash at bank 7,671,125 8,322,365
11,966,125 12,710,360
PAYABLES
Amounts falling due within one year 8 (1,820,936 ) (1,690,544 )
NET CURRENT ASSETS 10,145,189 11,019,816
TOTAL ASSETS LESS CURRENT
LIABILITIES
11,425,145
11,057,734

PAYABLES
Amounts falling due after more than
one year
9
(4,176,847
)
(4,176,847
)
NET ASSETS 7,248,298 6,880,887

CAPITAL AND RESERVES
Called up share capital 8 8
Retained earnings 7,248,290 6,880,879
7,248,298 6,880,887

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the Company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the Company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the Company.

The notes form part of these financial statements

2
BRENT (N0. 190) LIMITED (REGISTERED NUMBER: NI679150)

Statement of Financial Position - continued
31 MAY 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2025 and were signed on its behalf by:




Des Nugent - Director



Anne Nugent - Director


The notes form part of these financial statements

3
BRENT (N0. 190) LIMITED (REGISTERED NUMBER: NI679150)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MAY 2025

1. STATUTORY INFORMATION

BRENT (N0. 190) LIMITED is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The accounts are prepared under the historical cost convention modified when necessary to include the revaluation of certain fixed assets.

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Inventories
Stocks are valued at the lower of cost and net realisable value. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Cash flow statement
The company has availed of the exemption in FRS 102 Section 1A from the requirement to prepare a Statement of Cash Flows because it is classified as a small company.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 2 ) .

4
BRENT (N0. 190) LIMITED (REGISTERED NUMBER: NI679150)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MAY 2025

5. PROPERTY, PLANT AND EQUIPMENT
Freehold Motor
property vehicles Totals
£ £ £
COST
At 1 June 2024 - 50,325 50,325
Additions 1,251,517 - 1,251,517
At 31 May 2025 1,251,517 50,325 1,301,842
DEPRECIATION
At 1 June 2024 - 12,409 12,409
Charge for year - 9,479 9,479
At 31 May 2025 - 21,888 21,888
NET BOOK VALUE
At 31 May 2025 1,251,517 28,437 1,279,954
At 31 May 2024 - 37,916 37,916

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 1 June 2024
and 31 May 2025 2
NET BOOK VALUE
At 31 May 2025 2
At 31 May 2024 2

7. RECEIVABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Amounts owed by group undertakings - 92,995

8. PAYABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Amounts owed to group undertakings 61,314 -
Taxation and social security 127,423 43,324
Other payables 1,632,199 1,647,220
1,820,936 1,690,544

9. PAYABLES: AMOUNTS FALLING DUE AFTER ONE YEAR
2025 2024
£ £
Bank loans 4,153,747 4,153,747
Other creditors 23,100 23,100
4,176,847 4,176,847

5
BRENT (N0. 190) LIMITED (REGISTERED NUMBER: NI679150)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MAY 2025

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within other creditors is a loan from the director to the company of £1,627,649. (2024: £1,644,221) There are no set repayment terms and no interest is chargeable.

6