IRIS Accounts Production v25.3.0.601 SC396341 Board of Directors Board of Directors 1.5.24 30.4.25 30.4.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC396341 2024-04-30 SC396341 2025-04-30 SC396341 2024-05-01 2025-04-30 SC396341 2023-04-30 SC396341 2023-05-01 2024-04-30 SC396341 2024-04-30 SC396341 ns15:Scotland 2024-05-01 2025-04-30 SC396341 ns14:PoundSterling 2024-05-01 2025-04-30 SC396341 ns10:Director1 2024-05-01 2025-04-30 SC396341 ns10:Director2 2024-05-01 2025-04-30 SC396341 ns10:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 SC396341 ns10:SmallEntities 2024-05-01 2025-04-30 SC396341 ns10:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 SC396341 ns10:SmallCompaniesRegimeForDirectorsReport 2024-05-01 2025-04-30 SC396341 ns10:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 SC396341 ns10:FullAccounts 2024-05-01 2025-04-30 SC396341 ns10:Director3 2024-05-01 2025-04-30 SC396341 ns10:CompanySecretary1 2024-05-01 2025-04-30 SC396341 ns10:RegisteredOffice 2024-05-01 2025-04-30 SC396341 ns5:CurrentFinancialInstruments 2025-04-30 SC396341 ns5:CurrentFinancialInstruments 2024-04-30 SC396341 ns5:ShareCapital 2025-04-30 SC396341 ns5:ShareCapital 2024-04-30 SC396341 ns5:RetainedEarningsAccumulatedLosses 2025-04-30 SC396341 ns5:RetainedEarningsAccumulatedLosses 2024-04-30 SC396341 ns5:FurnitureFittings 2024-05-01 2025-04-30 SC396341 ns5:MotorVehicles 2024-05-01 2025-04-30 SC396341 ns5:ComputerEquipment 2024-05-01 2025-04-30 SC396341 ns5:FurnitureFittings 2024-04-30 SC396341 ns5:MotorVehicles 2024-04-30 SC396341 ns5:ComputerEquipment 2024-04-30 SC396341 ns5:FurnitureFittings 2025-04-30 SC396341 ns5:MotorVehicles 2025-04-30 SC396341 ns5:ComputerEquipment 2025-04-30 SC396341 ns5:FurnitureFittings 2024-04-30 SC396341 ns5:MotorVehicles 2024-04-30 SC396341 ns5:ComputerEquipment 2024-04-30 SC396341 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-04-30 SC396341 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-04-30

REGISTERED NUMBER: SC396341 (Scotland)

| Unaudited Financial Statements |

| for the Year Ended 30 April 2025 |

| for |

| T & K Brown Ltd. |

| T & K Brown Ltd. (Registered number: SC396341) |

Contents of the Financial Statements

for the Year Ended 30 April 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| T & K Brown Ltd. |

Company Information

for the Year Ended 30 April 2025

| DIRECTORS: | Mrs K E Brown

| Mrs A E Horsburgh

| C Horsburgh

| SECRETARY: | C Horsburgh

| REGISTERED OFFICE: | 28 Rodger Street

| Anstruther

| Fife

| KY10 3DU

| REGISTERED NUMBER: | SC396341 (Scotland)

| ACCOUNTANTS: | Henderson Black & Co

| Chartered Accountants

| 28 Rodger Street

| Anstruther

| Fife

| KY10 3DU

| T & K Brown Ltd. (Registered number: SC396341) |

Balance Sheet

30 April 2025

| 30.4.25 | 30.4.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 13,480 |  | 17,237 |  |

CURRENT ASSETS

Stocks | 57,571 |  | 50,223 |  |

Debtors | 5 | 158,528 |  | 158,898 |  |

Cash at bank and in hand | 178,972 |  | 136,094 |  |

395,071 |  | 345,215 |  |

CREDITORS

Amounts falling due within one year | 6 | 230,405 |  | 224,463 |  |

NET CURRENT ASSETS | 164,666 |  | 120,752 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 178,146 |  | 137,989 |  |

PROVISIONS FOR LIABILITIES | 1,488 |  | 1,800 |  |

NET ASSETS | 176,658 |  | 136,189 |  |

CAPITAL AND RESERVES

Called up share capital | 10,000 |  | 10,000 |  |

Retained earnings | 166,658 |  | 126,189 |  |

176,658 |  | 136,189 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

| T & K Brown Ltd. (Registered number: SC396341) |

Balance Sheet - continued

30 April 2025

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 4 November 2025 and were signed on its behalf by:

Mrs A E Horsburgh - Director

C Horsburgh - Director

| T & K Brown Ltd. (Registered number: SC396341) |

Notes to the Financial Statements

for the Year Ended 30 April 2025

1. | STATUTORY INFORMATION

| T & K Brown Ltd. is a private company, limited by shares , registered in Scotland. 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. | 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.

| Significant judgements and estimates

| In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily available from other sources. The estimates and associated assumptions are based on historical experience and other factors that are to be relevant. Actual results may differ from these estimates. In preparing these financial statements, the directors have made the following judgements:

| Accruals

| Directors estimate the requirements for accruals using post year end information. This identifies costs that are expected to be incurred for services provided by other parties. Accruals are only released when there is a reasonable expectation that these costs will not be invoiced in the future.

| Turnover

| Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

| Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and 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.

| Fixtures and fittings | - | 25% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 33% on cost, straight line

| Stocks

| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

| At each reporting date, an assessment is made for impairment. Any excess of the carrying value of stocks over estimated selling price less costs to complete and sell is recognised as an impairment loss in the profit and loss account. Reversals of impairment losses are also recognised in the profit and loss account.

| T & K Brown Ltd. (Registered number: SC396341) |

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Hire purchase and leasing commitments

| 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.

| Cash and cash equivalents

| Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

| T & K Brown Ltd. (Registered number: SC396341) |

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

| Basic financial assets

| Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

| Classification of financial liabilities

| Basic financial liabilities

| Basic financial liabilities, including creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

| Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

| Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less, recognised at transaction price.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 9 (2024 - 9 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Motor |  | Computer |

| fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 May 2024 | 9,116 |  | 17,850 |  | 8,171 |  | 35,137 |  |

| Additions | 1,550 |  | - |  | - |  | 1,550 |  |

| At 30 April 2025 | 10,666 |  | 17,850 |  | 8,171 |  | 36,687 |  |

| DEPRECIATION

| At 1 May 2024 | 6,731 |  | 7,810 |  | 3,359 |  | 17,900 |  |

| Charge for year | 986 |  | 2,510 |  | 1,811 |  | 5,307 |  |

| At 30 April 2025 | 7,717 |  | 10,320 |  | 5,170 |  | 23,207 |  |

| NET BOOK VALUE

| At 30 April 2025 | 2,949 |  | 7,530 |  | 3,001 |  | 13,480 |  |

| At 30 April 2024 | 2,385 |  | 10,040 |  | 4,812 |  | 17,237 |  |

| T & K Brown Ltd. (Registered number: SC396341) |

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.4.25 |  | 30.4.24

£ | £ |

| Trade debtors | 146,970 |  | 139,090 |  |

| Other debtors | 11,558 |  | 19,808 |  |

158,528 |  | 158,898 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.4.25 |  | 30.4.24

£ | £ |

| Trade creditors | 81,037 |  | 92,981 |  |

| Taxation and social security | 46,214 |  | 33,545 |  |

| Other creditors | 103,154 |  | 97,937 |  |

230,405 |  | 224,463 |  |