Brenmar Ltd - Filleted accounts

Registered number

11331137

Brenmar Ltd

Filleted Accounts

31 March 2025

Brenmar Ltd
Registered number:		11331137
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		637,500			765,000
Tangible assets	4		124,071			165,164
Investment property			347,000			320,000
			1,108,571			1,250,164

Current assets
Debtors	5	2,158,784			2,657,257
Cash at bank and in hand		1,665,867			1,732,255
		3,824,651			4,389,512

Creditors: amounts falling due within one year	6	(1,070,723)			(2,145,662)

Net current assets			2,753,928			2,243,850

Total assets less current liabilities			3,862,499			3,494,014

Creditors: amounts falling due after more than one year	7		(1,513,819)			(1,806,722)

Provisions for liabilities			(42,768)			(46,291)


Net assets			2,305,912			1,641,001

Capital and reserves
Called up share capital			51,000			45,000
Profit and loss account			2,254,912			1,596,001

Shareholders' funds			2,305,912			1,641,001

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.


Mark Harvey	Brenda Willis			Ronald Willis
Director

Approved by the board on 7 November 2025

Brenmar Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	33% Straight line
	Motor vehicles	25% Reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			31		27


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 April 2024					1,275,000
	At 31 March 2025					1,275,000

	Amortisation
	At 1 April 2024					510,000
	Provided during the year					127,500
	At 31 March 2025					637,500

	Net book value
	At 31 March 2025					637,500
	At 31 March 2024					765,000

	Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.


4	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	18,500		272,770		291,270
	Additions	1,560		-		1,560
	Disposals	(322)		-		(322)
	At 31 March 2025	19,738		272,770		292,508

	Depreciation
	At 1 April 2024	8,872		117,234		126,106
	Charge for the year	3,447		38,884		42,331
	At 31 March 2025	12,319		156,118		168,437

	Net book value
	At 31 March 2025	7,419		116,652		124,071
	At 31 March 2024	9,628		155,536		165,164


	Investment property			2025		2024
				£		£
	Fair Value
	At 1 April 2024			320,000		300,000
	Additions			-		-
	Fair value adjustment			27,000		20,000
	Disposals
	At 31 March 2025			347,000		320,000

5	Debtors			2025		2024
£					£

	Trade debtors			1,289,484		2,116,372
	Retentions			415,946		304,184
	Other debtors			453,354		236,701
				2,158,784		2,657,257


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			491,358		682,938
	Taxation and social security costs			554,546		598,992
	Other creditors			24,819		863,732
				1,070,723		2,145,662


7	Creditors: amounts falling due after one year			2025		2024
£					£

	Other creditors			1,513,819		1,806,722


8	Bonus Share Capital

	During the year, the company issued 6,000 £1 ordinary shares as fully paid bonus shares, capitalised from retained earnings.


9	Other information

	Brenmar Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 7 Waltham Business Park
	Brickyard Road
	Swanmore
	Southampton
	SO32 2SA