REGISTERED NUMBER: 07484174 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

Business Reform Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Director:

A Brown

Registered office:

Unit 13 CoWorkz

Minerva Avenue

Chester Employment Park

Chester

CH1 4QL

Registered number:

07484174 (England and Wales)

Accountants:

Ellis & Co

Chartered Accountants

114-120 Northgate Street

Chester

CH1 2HT

Fixed assets

Tangible assets

4

697

13,366

Current assets

Debtors

5

52,550

58,024

Cash at bank

1,243,492

1,091,692

1,296,042

1,149,716

Creditors

Amounts falling due within one year

6

86,737

47,317

Net current assets

1,209,305

1,102,399

Total assets less current liabilities

1,210,002

1,115,765

Provisions for liabilities

174

3,342

Net assets

1,209,828

1,112,423

Capital and reserves

Called up share capital

1

1

Retained earnings

1,209,827

1,112,422

1,209,828

1,112,423

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 director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 October 2025 and were signed by:

A Brown - Director

1.	Statutory information

Business Reform 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.

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.

Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tangible fixed assets

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

Fixtures, fittings & equipment

-

25% on cost

Motor vehicles

-

20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Operating leases

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 3 (2024 - 4 ) .

4.	Tangible fixed assets

Fixtures,

fittings

Motor

& equipment

vehicles

Totals

£

£

£

Cost

At 1 February 2024

11,011

33,235

44,246

Additions

929

-

929

Disposals

(1,338

)

(33,235

)

(34,573

)

At 31 January 2025

10,602

-

10,602

Depreciation

At 1 February 2024

10,939

19,941

30,880

Charge for year

304

-

304

Eliminated on disposal

(1,338

)

(19,941

)

(21,279

)

At 31 January 2025

9,905

-

9,905

Net book value

At 31 January 2025

697

-

697

At 31 January 2024

72

13,294

13,366

5.

Debtors: amounts falling due within one year

31/1/25

31/1/24

£

£

Trade debtors

50,114

58,024

Other debtors

2,436

-

52,550

58,024

6.

Creditors: amounts falling due within one year

31/1/25

31/1/24

£

£

Taxation and social security

84,809

44,969

Other creditors

1,928

2,348

86,737

47,317