REGISTERED NUMBER: 07140662 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

JW & LJ BRASIER LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L J Brasier

J W Brasier

P J Brasier

SECRETARY:

L J Brasier

REGISTERED OFFICE:

Bryant House

Bryant Road

Strood

Rochester

Kent

ME2 3EW

REGISTERED NUMBER:

07140662 (England and Wales)

ACCOUNTANTS:

Friend & Grant Ltd

Bryant House

Bryant Road

Strood

Rochester

Kent

ME2 3EW

FIXED ASSETS

Tangible assets

5

1,164,909

504,429

Investment property

6

-

330,858

1,164,909

835,287

CURRENT ASSETS

Stocks

3,500

3,500

Debtors

7

200,502

319,386

Cash at bank and in hand

490,984

595,010

694,986

917,896

CREDITORS

Amounts falling due within one year

8

376,172

160,245

NET CURRENT ASSETS

318,814

757,651

TOTAL ASSETS LESS CURRENT LIABILITIES

1,483,723

1,592,938

PROVISIONS FOR LIABILITIES

5,908

37,049

NET ASSETS

1,477,815

1,555,889

CAPITAL AND RESERVES

Called up share capital

1,002

1,002

Retained earnings

1,476,813

1,554,887

1,477,815

1,555,889

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 6 October 2025 and were signed on its behalf by:

J W Brasier - Director

L J Brasier - Director

1.	STATUTORY INFORMATION

JW & LJ Brasier 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Turnover is measured as the fair value of the consideration received or receivable from the sale of goods or exchange of services, excluding discounts, rebates, value added tax and other sales taxes.

Rendering of services

The percentage of completion method is used to calculate the turnover recognised at the period end.

Turnover from the rendering of services is recognised when all of the following conditions are satisfied:

- the amount of turnover can be measured reliably;

- it is probable that the economic benefits associated with the transaction will flow to the entity;

- the stage of completion of the transaction at the end of the reporting period can be measured reliably; and

- the costs incurred for the transaction and the costs to complete the transaction can be measured reliably.

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:

- the company has transferred the significant risks and rewards of ownership to the buyer;

- the company retains neither continuing managerial involvement to the degree usually associated with the ownership nor effective control over the goods sold;

- the amount of revenue can be measured reliably;

- it is probable that the company will receive the consideration due under the transaction;

- the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Tangible fixed assets

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

Long leasehold

-

10% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% 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 Income Statement, 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 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.

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.

Employee benefits

The company recognises a provision for annual leave accrued by employees as a result of services rendered in current period, and which employees are entitled to carry forward and use within the next 12 months. The provision is measured at the salary cost payable for the period of absence.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 14 ) .

5.	TANGIBLE FIXED ASSETS

Freehold

Long

Plant and

property

leasehold

machinery

£

£

£

COST

At 1 February 2024

271,265

252,869

190,870

Additions

787,200

-

6,975

Disposals

-

(252,869

)

(2,514

)

At 31 January 2025

1,058,465

-

195,331

DEPRECIATION

At 1 February 2024

-

142,779

108,142

Charge for year

-

-

13,332

Eliminated on disposal

-

(142,779

)

(1,694

)

At 31 January 2025

-

-

119,780

NET BOOK VALUE

At 31 January 2025

1,058,465

-

75,551

At 31 January 2024

271,265

110,090

82,728

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 February 2024

13,799

87,378

5,043

821,224

Additions

182

-

1,524

795,881

Disposals

(125

)

(2,573

)

(779

)

(258,860

)

At 31 January 2025

13,856

84,805

5,788

1,358,245

DEPRECIATION

At 1 February 2024

8,334

54,477

3,063

316,795

Charge for year

1,412

8,214

1,237

24,195

Eliminated on disposal

(125

)

(2,527

)

(529

)

(147,654

)

At 31 January 2025

9,621

60,164

3,771

193,336

NET BOOK VALUE

At 31 January 2025

4,235

24,641

2,017

1,164,909

At 31 January 2024

5,465

32,901

1,980

504,429

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2024

330,858

Disposals

(330,858

)

At 31 January 2025

-

NET BOOK VALUE

At 31 January 2025

-

At 31 January 2024

330,858

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

181,701

292,581

Other debtors

18,801

26,805

200,502

319,386

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

35,404

52,522

Taxation and social security

47,068

103,729

Other creditors

293,700

3,994

376,172

160,245

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2025 and 31 January 2024:

2025

2024

£

£

L J Brasier and J W Brasier

Balance outstanding at start of year

(19

)

(8

)

Amounts advanced

691,788

2,831

Amounts repaid

(780,312

)

(2,842

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(88,543

)

(19

)

P J Brasier

Balance outstanding at start of year

(2

)

(152

)

Amounts advanced

648

605

Amounts repaid

(100,000

)

(455

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(99,354

)

(2

)

The loans to the company from the directors are unsecured, interest free and repayable on demand.