REGISTERED NUMBER: 06302862 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

Brian Brazington Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

BA Brazington

REGISTERED OFFICE:

Kenton House

Oxford Street

Moreton-in-Marsh

Gloucestershire

GL56 0LA

REGISTERED NUMBER:

06302862 (England and Wales)

ACCOUNTANTS:

Tayabali Tomlin

Chartered Accountants

Kenton House

Oxford Street

Moreton-in-Marsh

Gloucestershire

GL56 0LA

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

430,898

431,946

430,898

431,946

CURRENT ASSETS

Inventories

48,250

13,750

Debtors

6

16,537

11,691

Cash at bank

27,644

10,433

92,431

35,874

CREDITORS

Amounts falling due within one year

7

63,643

40,738

NET CURRENT ASSETS/(LIABILITIES)

28,788

(4,864

)

TOTAL ASSETS LESS CURRENT LIABILITIES

459,686

427,082

CREDITORS

Amounts falling due after more than one year

8

(18,673

)

(5,709

)

PROVISIONS FOR LIABILITIES

(93,143

)

(92,049

)

NET ASSETS

347,870

329,324

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

347,770

329,224

SHAREHOLDERS' FUNDS

347,870

329,324

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 comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 October 2025 and were signed by:

BA Brazington - Director

1.	STATUTORY INFORMATION

Brian Brazington 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

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of five years.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings

-

at varying rates on cost

Plant and machinery

-

10% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of comprehensive income, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 NIL (2024 - NIL).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

30,000

AMORTISATION

At 1 February 2024

and 31 January 2025

30,000

NET BOOK VALUE

At 31 January 2025

-

At 31 January 2024

-

5.	PROPERTY, PLANT AND EQUIPMENT

Land and

Plant and

Computer

buildings

machinery

equipment

Totals

£

£

£

£

COST

At 1 February 2024

83,160

789,780

3,645

876,585

Additions

-

44,010

-

44,010

Disposals

-

(10,500

)

-

(10,500

)

At 31 January 2025

83,160

823,290

3,645

910,095

DEPRECIATION

At 1 February 2024

20,676

420,318

3,645

444,639

Charge for year

4,158

40,297

-

44,455

Eliminated on disposal

-

(9,897

)

-

(9,897

)

At 31 January 2025

24,834

450,718

3,645

479,197

NET BOOK VALUE

At 31 January 2025

58,326

372,572

-

430,898

At 31 January 2024

62,484

369,462

-

431,946

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 February 2024

105,000

Additions

39,010

Transfer to ownership

(105,000

)

At 31 January 2025

39,010

DEPRECIATION

At 1 February 2024

42,999

Charge for year

3,901

Transfer to ownership

(42,999

)

At 31 January 2025

3,901

NET BOOK VALUE

At 31 January 2025

35,109

At 31 January 2024

62,001

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

9,123

3,668

Other debtors

7,414

8,023

16,537

11,691

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

4,000

4,000

Hire purchase contracts

9,712

3,890

Trade creditors

32,385

3,768

Taxation and social security

9,404

16,861

Other creditors

8,142

12,219

63,643

40,738

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,666

5,709

Hire purchase contracts

17,007

-

18,673

5,709

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £17,400 were paid to the director .

10.	CONTROLLING PARTY

The company is controlled by the director by virtue of his shareholding.