REGISTERED NUMBER: 15427064 (England and Wales)

Unaudited Financial Statements

for the Period 19 January 2024 to 30 June 2025

for

Browns of Richmond Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

F S Brown

T Roelich

REGISTERED OFFICE:

8 Baily Court

Colburn Business Park

Catterick Garrison

North Yorkshire

DL9 4QL

REGISTERED NUMBER:

15427064 (England and Wales)

ACCOUNTANTS:

Clive Owen LLP

Chartered Accountants

140 Coniscliffe Road

DARLINGTON

Co Durham

DL3 7RT

FIXED ASSETS

Tangible assets

4

191,647

CURRENT ASSETS

Stocks

5

1,505,715

Debtors

6

321,168

Cash at bank and in hand

234,453

2,061,336

CREDITORS

Amounts falling due within one year

7

(1,967,744

)

NET CURRENT ASSETS

93,592

TOTAL ASSETS LESS CURRENT LIABILITIES

285,239

CREDITORS

Amounts falling due after more than one year

8

(252,936

)

NET ASSETS

32,303

CAPITAL AND RESERVES

Called up share capital

10

5,500

Retained earnings

26,803

SHAREHOLDERS' FUNDS

32,303

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 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 10 October 2025 and were signed on its behalf by:

F S Brown - Director

1.	STATUTORY INFORMATION

Browns of Richmond 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.

There were no material departures from that standard. The accounting policies are set out below.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions that were conducted under normal market conditions.

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

Improvements to property - 5% reducing balance

Plant and machinery - 10% reducing balance

Motor vehicles - 10% reducing balance

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of

depreciation and any impairment losses.

Stocks

Stocks 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 stocks to their present location and condition.

Financial instruments

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

Taxation

Taxation for the period 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 period 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.

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.

Income recognition

Income is recognised when the service has been provided.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 9 .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Computer

property

machinery

equipment

Totals

£

£

£

£

COST

Additions

112,302

82,686

9,198

204,186

At 30 June 2025

112,302

82,686

9,198

204,186

DEPRECIATION

Charge for period

4,117

7,579

843

12,539

At 30 June 2025

4,117

7,579

843

12,539

NET BOOK VALUE

At 30 June 2025

108,185

75,107

8,355

191,647

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

Plant and

machinery

£

COST

Additions

78,556

At 30 June 2025

78,556

DEPRECIATION

Charge for period

7,201

At 30 June 2025

7,201

NET BOOK VALUE

At 30 June 2025

71,355

5.

STOCKS

£

Stocks

1,503,857

Work-in-progress

1,858

1,505,715

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

93,325

Other debtors

5,500

Prepayments and accrued income

222,343

321,168

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other loans

1,533,620

Hire purchase contracts

12,974

Trade creditors

130,058

Amounts owed to group undertakings

202,679

Taxation and social security

33,668

Other creditors

1,459

Directors' current accounts

38,231

Accruals and deferred income

15,055

1,967,744

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Hire purchase contracts

52,936

Amounts owed to group undertakings

200,000

252,936

9.	SECURED DEBTS

The following secured debts are included within creditors:

£

Hire purchase contracts

65,910

Hire purchases are secured over the assets to which they relate.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2,805

Ordinary A

£1

2,805

275

Ordinary B

£1

275

2,420

Ordinary C

£1

2,420

5,500

All classes of shares rank pari passu.