REGISTERED NUMBER: 00049371 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BRIERLEY BROTHERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R M Gledhill

J Sykes

REGISTERED OFFICE:

Albert Mills

Albert Street

Lockwood

HUDDERSFIELD

HD1 3PZ

REGISTERED NUMBER:

00049371 (England and Wales)

ACCOUNTANTS:

Walter Dawson & Son

Chartered Accountants

First Floor Offices, Unit A4

Old Power Way

Lowfields Business Park

Elland

HX5 9DE

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

950,964

675,152

950,964

675,152

CURRENT ASSETS

Stocks

1,246,154

1,349,656

Debtors

6

751,786

610,742

Cash at bank and in hand

632

1,156

1,998,572

1,961,554

CREDITORS

Amounts falling due within one year

7

1,683,629

1,267,678

NET CURRENT ASSETS

314,943

693,876

TOTAL ASSETS LESS CURRENT LIABILITIES

1,265,907

1,369,028

CREDITORS

Amounts falling due after more than one year

8

909,516

1,023,729

NET ASSETS

356,391

345,299

CAPITAL AND RESERVES

Called up share capital

72,109

72,108

Share premium

49,900

49,900

Profit and loss account

234,382

223,291

356,391

345,299

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

R M Gledhill - Director

1.	STATUTORY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Short leasehold

-

Over the term of the lease

Plant and machinery

-

at varying rates on cost

Stocks

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

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 17 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

55,000

AMORTISATION

At 1 January 2024

and 31 December 2024

55,000

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Short

Plant and

leasehold

machinery

Totals

£

£

£

COST

At 1 January 2024

534,815

1,224,466

1,759,281

Additions

119,100

304,022

423,122

At 31 December 2024

653,915

1,528,488

2,182,403

DEPRECIATION

At 1 January 2024

293,499

790,630

1,084,129

Charge for year

69,735

77,575

147,310

At 31 December 2024

363,234

868,205

1,231,439

NET BOOK VALUE

At 31 December 2024

290,681

660,283

950,964

At 31 December 2023

241,316

433,836

675,152

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

424,516

388,846

Other debtors

327,270

221,896

751,786

610,742

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

636,848

563,229

Hire purchase contracts

57,881

26,614

Trade creditors

473,711

485,680

Amounts owed to group undertakings

26,908

26,908

Amounts owed to associates

259,864

-

Taxation and social security

91,633

66,628

Other creditors

136,784

98,619

1,683,629

1,267,678

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

276,045

447,847

Hire purchase contracts

147,648

130,853

Other creditors

485,823

445,029

909,516

1,023,729

Amounts falling due in more than five years:

Repayable by instalments

Hire purchase

89,767

24,396

9.	PENSION COMMITMENTS

The amount recognised in profit and loss as an expense in relation to defined contribution plans was £30,010 (2023: £28,458). No contributions were owing as at the end of the accounting period.

10.	CONTINGENT LIABILITIES

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Brierley Brothers Holdings Limited.

The ultimate controlling party is The Directors.