RUSHWORTH BROWN LIMITED - Filleted accounts

Registered number

11343462

RUSHWORTH BROWN LIMITED

Filleted Accounts

31 December 2024

RUSHWORTH BROWN LIMITED
Registered number:		11343462
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		2,289			1,476
Investments	4		20,000			-
			22,289			1,476

Current assets
Cash at bank and in hand		32,210			22,412

Creditors: amounts falling due within one year	5	(29,495)			(21,842)

Net current assets			2,715			570

Total assets less current liabilities			25,004			2,046


Provisions for liabilities			(435)			(280)


Net assets			24,569			1,766

Capital and reserves
Called up share capital			100			100
Profit and loss account			24,469			1,666

Shareholders' funds			24,569			1,766

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr A S Brown
Director
Approved by the board on 17 July 2025

RUSHWORTH BROWN LIMITED
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration receivable. Turnover includes revenue earned from the rendering of services.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:


	Office equipment	25% per annum reducing balance basis


	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.



2	Employees		2024		2023
Number				Number

	Average number of persons employed by the company		2		3



3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 January 2024				2,716
	Additions				1,578
	At 31 December 2024				4,294

	Depreciation
	At 1 January 2024				1,240
	Charge for the year				765
	At 31 December 2024				2,005

	Net book value
	At 31 December 2024				2,289
	At 31 December 2023				1,476



4	Investments

Other
investments
£
	Cost
	Additions				20,000

	At 31 December 2024				20,000



5	Creditors: amounts falling due within one year		2024		2023
£				£

	Trade creditors and accruals		6,270		5,070
	Corporation tax		22,089		3,676
	Other taxes and social security costs		290		383
	Other creditors - directors' loan accounts		846		12,713
			29,495		21,842



6	Events after the reporting date
	There were no events after the reporting date which would affect the user's understanding of these accounts.



7	Contingent liabilities
	There were no contingent liabilities in existence at the year end.



8	Controlling party
	The company is controlled by the director Mr A S Brown, who owns 100% of the issued ordinary share capital.



9	Other information

	RUSHWORTH BROWN LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	24 Oswald Road
	Chorlton Cum Hardy
	Manchester
	M21 9LP