Brimington Investments Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06979370

Brimington Investments Limited

Filleted Unaudited Abridged Financial Statements

31 March 2025

Brimington Investments Limited

Abridged Financial Statements

Year Ended 31 March 2025

Contents	Pages

Abridged statement of financial position	1 to 2

Notes to the abridged financial statements	3 to 5

Brimington Investments Limited

Abridged Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed Assets

Investments	6		231,915	210,915

Current Assets

Debtors	5,334	6,645
Cash at bank and in hand	127,212	110,272
	---------	---------
	132,546	116,917

Creditors: amounts falling due within one year	24,168		23,834
	---------		---------
Net Current Assets		108,378	93,083
		---------	---------
Total Assets Less Current Liabilities		340,293	303,998

Provisions

Taxation including deferred tax	40,522	36,532
	---------	---------
Net Assets	299,771	267,466
	---------	---------

Capital and Reserves

Called up share capital	7	915	915
Revaluation reserve		174,457	157,447
Profit and loss account		124,399	109,104
		---------	---------
Shareholders Funds		299,771	267,466
		---------	---------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the year ending 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

Brimington Investments Limited

Abridged Statement of Financial Position (continued)

31 March 2025

These abridged financial statements were approved by the board of directors and authorised for issue on 30 September 2025 , and are signed on behalf of the board by:

Mr T P Gadd

Director

Company registration number: 06979370

Brimington Investments Limited

Notes to the Abridged Financial Statements

Year Ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 49 Brimington Road North, Chesterfield, Derbyshire, S41 9BE.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

Consolidation

The company has taken advantage of the option not to prepare consolidated abridged financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Revenue recognition

The turnover shown in the profit and loss account represents amounts earned during the year.

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures, fittings and equipment	-	33% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Any fixed asset investment carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

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.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2024: 3 ).

5. Tangible assets

	£
Cost
At 1 April 2024 and 31 March 2025	503
	----
Depreciation
At 1 April 2024 and 31 March 2025	503
	----
Carrying amount
At 31 March 2025	–
	----
At 31 March 2024	–
	----

6. Investments

	Shares in group undertakings	Investment property	Total
	£	£	£
Cost
At 1 April 2024	915	210,000	210,915
Revaluations	–	21,000	21,000
	----	---------	---------
At 31 March 2025	915	231,000	231,915
	----	---------	---------
Impairment
At 1 April 2024 and 31 March 2025	–	–	–
	----	---------	---------

Carrying amount
At 31 March 2025	915	231,000	231,915
	----	---------	---------
At 31 March 2024	915	210,000	210,915
	----	---------	---------

The company owns 100% of the issued share capital of Gadd and Scott Limited.

The directors consider the value of the investment properties, included in the financial statements at £231,000, to be an open market value as at 31 March 2025.

7. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary A shares of £ 1 each	315	315	315	315
Ordinary B shares of £ 1 each	600	600	600	600
	----	----	----	----
	915	915	915	915
	----	----	----	----