REGISTERED NUMBER: 09271508 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

BRO DESIGN LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms Gozde Karaca

Mr Arif Atinc Karaca

REGISTERED OFFICE:

21 Wheler Street

London

E1 6NR

REGISTERED NUMBER:

09271508 (England and Wales)

ACCOUNTANTS:

ADPL LLP

293 Green Lanes

London

N13 4XS

FIXED ASSETS

Tangible assets

4

6,728

3,744,413

CURRENT ASSETS

Debtors

5

329,497

104,061

Cash at bank and in hand

169,891

42,935

499,388

146,996

CREDITORS

Amounts falling due within one year

6

640,913

952,191

NET CURRENT LIABILITIES

(141,525

)

(805,195

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(134,797

)

2,939,218

CREDITORS

Amounts falling due after more than one year

7

-

(3,388,493

)

PROVISIONS FOR LIABILITIES

8

(1,278

)

(1,598

)

NET LIABILITIES

(136,075

)

(450,873

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(136,175

)

(450,973

)

SHAREHOLDERS' FUNDS

(136,075

)

(450,873

)

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 Income Statement 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:

Mr Arif Atinc Karaca - Director

Ms Gozde Karaca - Director

1.	STATUTORY INFORMATION

Bro Design Ltd 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.

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.

The accounts are prepared on a going concern basis, the use of the going concern basis of accounting is appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

In carrying out this assessment, the directors have considered the impact of the Covid-19 pandemic on the trade and finances of the company and wider group and they have taken steps to protect liquidity.

The directors are therefore satisfied that there is no significant risk to the ability of the company to continue as a going concern for at least 12 months from the date of approval of these financial statements.

Turnover

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

Tangible fixed assets

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

Improvements to property

-

20% on cost

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 6 (2023 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Freehold

to

and

Computer

property

property

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

3,881,705

36,493

4,649

27,891

3,950,738

Disposals

(3,881,705

)

(36,493

)

-

-

(3,918,198

)

At 31 December 2024

-

-

4,649

27,891

32,540

DEPRECIATION

At 1 January 2024

155,268

26,927

3,125

21,005

206,325

Charge for year

-

-

305

1,377

1,682

Eliminated on disposal

(155,268

)

(26,927

)

-

-

(182,195

)

At 31 December 2024

-

-

3,430

22,382

25,812

NET BOOK VALUE

At 31 December 2024

-

-

1,219

5,509

6,728

At 31 December 2023

3,726,437

9,566

1,524

6,886

3,744,413

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

306,772

90,966

Other debtors

22,725

13,095

329,497

104,061

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

-

368

Trade creditors

359,288

23,702

Taxation and social security

2,833

1,691

Other creditors

278,792

926,430

640,913

952,191

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

-

3,388,493

8.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

1,278

1,598

Deferred

tax

£

Balance at 1 January 2024

1,598

Credit to Income Statement during year

(320

)

Balance at 31 December 2024

1,278