REGISTERED NUMBER: 04682072 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

BRI (Northampton) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs L Auburn

T Guthrie

J Rimmer

J W Warburton

REGISTERED OFFICE:

100 St James Road

Northampton

Northamptonshire

NN5 5LF

REGISTERED NUMBER:

04682072 (England and Wales)

ACCOUNTANTS:

Willsons

Chartered Accountants

Carlton House

High Street

Higham Ferrers

Northamptonshire

NN10 8BW

FIXED ASSETS

Tangible assets

4

8,488

11,989

CURRENT ASSETS

Debtors

5

866,227

747,432

Cash at bank and in hand

72,030

163,657

938,257

911,089

CREDITORS

Amounts falling due within one year

6

752,695

787,310

NET CURRENT ASSETS

185,562

123,779

TOTAL ASSETS LESS CURRENT LIABILITIES

194,050

135,768

PROVISIONS FOR LIABILITIES

299,525

258,022

NET LIABILITIES

(105,475

)

(122,254

)

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

(105,477

)

(122,256

)

SHAREHOLDERS' FUNDS

(105,475

)

(122,254

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Warburton - Director

1.	STATUTORY INFORMATION

BRI (Northampton) 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 represents the total invoice value, excluding value added tax, of sales made during the period. The figure is then adjusted for movements in accrued income.

When the outcome of work can be estimated reliably, turnover from the work done is recognised by reference to the stage of completion at the balance sheet date, after taking into consideration costs incurred upto this date. Stage of completion is measured by reference to percentage of job completed.

Tangible fixed assets

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

Short leasehold

-

10% on cost

Computer hardware

-

33% on cost

Fixtures, fittings and equipment

-

15% on cost

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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

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.

Debtors and creditors receivable / payable within one year

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

Short

Computer

and

leasehold

hardware

equipment

Totals

£

£

£

£

COST

At 1 April 2024

7,430

38,711

6,236

52,377

Additions

-

1,195

1,372

2,567

Disposals

-

(18,152

)

(929

)

(19,081

)

At 31 March 2025

7,430

21,754

6,679

35,863

DEPRECIATION

At 1 April 2024

7,059

29,064

4,265

40,388

Charge for year

371

5,124

573

6,068

Eliminated on disposal

-

(18,152

)

(929

)

(19,081

)

At 31 March 2025

7,430

16,036

3,909

27,375

NET BOOK VALUE

At 31 March 2025

-

5,718

2,770

8,488

At 31 March 2024

371

9,647

1,971

11,989

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

49,471

11,411

Amounts owed by group undertakings

114,805

97,408

Cash advances

100

100

Prepayments

34,881

30,032

Accrued income

666,970

608,481

866,227

747,432

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

4,979

2,270

Amounts owed to group undertakings

693,840

743,438

Corporation Tax

18,325

-

VAT

28,297

34,773

Accruals and deferred income

7,254

6,829

752,695

787,310

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

£

Within one year

5,183

1,186

Between one and five years

11,105

1,779

16,288

2,965

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

2

Ordinary

£1

2

2

9.	GOING CONCERN

It is the intention of the parent company, BRI (UK) Limited, to continue supporting the company for the foreseeable future.