Brittlebank Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 06173363

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,053,121		106,171

			3,053,121		106,171
CURRENT ASSETS
Stocks		919,207		467,913
Debtors	5	302,864		763,681
Cash at bank and in hand		74,439		-

		1,296,510		1,231,594
Creditors: Amounts Falling Due Within One Year	6	(917,662 )		(551,960 )

NET CURRENT ASSETS (LIABILITIES)			378,848		679,634

TOTAL ASSETS LESS CURRENT LIABILITIES			3,431,969		785,805

Creditors: Amounts Falling Due After More Than One Year	7		(2,265,008 )		(5,911 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(134,962 )		(26,543 )

NET ASSETS			1,031,999		753,351

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			1,031,899		753,251

SHAREHOLDERS' FUNDS			1,031,999		753,351

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Brittlebank Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr R D Brittlebank

Director

23 September 2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Brittlebank Limited is a private company, limited by shares, registered in England & Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Sale of goods

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred from the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transacton can be measured reliably. For eggs this is usually on the date which they hatch and for cull birds it is on dispatch of the birds.

Interest receivable

Interest receivable is recogised using the effective interest model.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.

Freehold	2% straight line
Plant & Machinery	15% on reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

2.5. Stocks and Work in Progress

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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Brittlebank Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.6. Taxation

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

Current or deferred taxation assets and liabilities are not discounted.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

2.7. Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 4)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Total
	£	£	£
Cost
As at 1 April 2024	-	253,434	253,434
Additions	2,515,000	451,026	2,966,026

As at 31 March 2025	2,515,000	704,460	3,219,460

Depreciation
As at 1 April 2024	-	147,263	147,263
Provided during the period	1,726	17,350	19,076

As at 31 March 2025	1,726	164,613	166,339

Net Book Value
As at 31 March 2025	2,513,274	539,847	3,053,121

As at 1 April 2024	-	106,171	106,171

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2025	2024
	£	£
Plant & Machinery	45,782	36,666

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Brittlebank Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	111,609	45,507
Prepayments and accrued income	3,444	-
Other debtors	-	534,573
Corporation tax recoverable assets	179,527	179,527
VAT	8,284	4,074

	302,864	763,681

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	11,732	15,111
Trade creditors	465,119	51,937
Bank loans and overdrafts	43,600	247,975
Corporation tax	124,236	233,487
Other taxes and social security	3,761	-
Other creditors	1,188	-
Accruals and deferred income	73,784	3,450
Directors' loan accounts	194,242	-

	917,662	551,960

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	885	5,911
Bank loans	543,813	-
Directors loan account	1,720,310	-

	2,265,008	5,911

Of the creditors falling due after more than one year the following amounts are due after more than five years.

	2025	2024
	£	£
Bank loans	339,100	-
Other Creditors	1,320,310	-

8. Secured Creditors

Of the creditors the following amounts are secured.

	2025		2024
	£		£
Bank loans and overdrafts	587,413		247,975

9. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

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Brittlebank Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

10. Related Party Transactions

During the year the company had transactions with another business in which the directors had a participating interest. As at the 31 March 2025 the company was owed by the business £NIL (2024 - £534,573)

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