REGISTERED NUMBER: 03782167 (England and Wales)

Unaudited Financial Statements

for the Year Ended

31 March 2025

for

Brewster Bye Architects Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

6,418

10,287

Tangible assets

5

66,156

91,015

72,574

101,302

CURRENT ASSETS

Debtors

6

419,927

581,363

Cash at bank and in hand

15,835

128,740

435,762

710,103

CREDITORS

Amounts falling due within one year

7

128,390

118,280

NET CURRENT ASSETS

307,372

591,823

TOTAL ASSETS LESS CURRENT LIABILITIES

379,946

693,125

CREDITORS

Amounts falling due after more than one year

8

(62,434

)

(72,928

)

PROVISIONS FOR LIABILITIES

(17,486

)

(24,581

)

NET ASSETS

300,026

595,616

CAPITAL AND RESERVES

Called up share capital

11

105

105

Share premium

27,049

27,049

Capital redemption reserve

362

362

Retained earnings

272,510

568,100

300,026

595,616

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2025 and were signed on its behalf by:

M Henderson - Director

1.	STATUTORY INFORMATION

Brewster Bye Architects Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03782167

Registered office:

5 North Hill Road

Headingley

Leeds

LS6 2EN

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 is measured at the fair value of the consideration received or receivable, excluding discounts and value added tax.

Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the balance sheet date turnover represents the fair value of the service provided to date based on the stage of completion and the contract activity at the balance sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business, has been amortised evenly over its estimated useful life.

Intangible assets

Computer software is being amortised evenly over its estimated useful life of 3 years.

Tangible fixed assets

Tangible fixed assets are stated at purchase cost [or valuation] together with any incidental expenses of acquisition, net of depreciation and any provision for impairment.

Depreciation is provided on all tangible assets, other than [investment properties] and freehold land, at rates calculated to write off the cost less estimated residual value of each asset on a straight line basis over its expected useful life.

Fixtures and fittings -25% reducing balance

Office equipment -25% reducing balance

Motor vehicles -20% straight line

Computer equipment -33% straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset after deducting estimated costs of disposal, if the asset were already at an age and in the condition expected at the end of its estimated useful life.

The need for any fixed asset impairment write down is assessed by comparison of the carrying value of the assets against the higher of realisable value and value in use.

The gain or loss arising on the disposal of an asset is determined on the difference between the sale proceeds and the carrying value of the asset, and is recognised in the profit and loss account.

Financial instruments

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit and loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

The following assets and liabilities are classified as basic financial instruments - trade debtors, other debtors, cash and bank balances, trade creditors, other creditors.

Trade debtors, other debtors, cash and bank balances, trade creditors, other creditors (being repayable on demand) are measured at the amortised cost equivalent to the undiscounted amount of cash or other consideration expected to be paid or received.

Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest and subsequently measured at amortised cost using the effective interest method.

Taxation

Current tax, including UK corporation tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events that result in an obligation to pay more tax in the future or a right to pay less tax in the future have occurred at the balance sheet date. Timing differences are differences between the company's taxable profits and its results as stated in the financial statements that arise from the inclusion of gains and losses in tax assessments in periods different from those in which they are recognised in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that, on the basis of all available evidence, it can be regarded as more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date and are expected to apply to the reversal of the timing difference.

Hire purchase and leasing commitments

Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the profit and loss account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme and that of directors' personal pension schemes are charged to profit or loss in the period to which they relate.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit and loss as described below.

Non financial assets

An asset is impaired when there is objective evidence that, as a result of one or more events that occurred after initial recognition, the estimated recoverable value of the asset has been reduced. The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use.

Financial assets

For financial assets carried at cost less impairment, the impairment loss is the difference between the asset's carrying amount and the best estimate of the amount that would be received for the asset if it were sold at the reporting date.

Where indicators exist for a decrease in impairment loss, and the decrease can be related objectively to an event occurring after the impairment was recognised, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired financial asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value had impairment not been recognised.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 23 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

14,200

16,570

30,770

AMORTISATION

At 1 April 2024

14,200

6,283

20,483

Charge for year

-

3,869

3,869

At 31 March 2025

14,200

10,152

24,352

NET BOOK VALUE

At 31 March 2025

-

6,418

6,418

At 31 March 2024

-

10,287

10,287

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

45,554

96,997

100,396

242,947

DEPRECIATION

At 1 April 2024

40,925

17,783

93,224

151,932

Charge for year

1,157

19,399

4,303

24,859

At 31 March 2025

42,082

37,182

97,527

176,791

NET BOOK VALUE

At 31 March 2025

3,472

59,815

2,869

66,156

At 31 March 2024

4,629

79,214

7,172

91,015

The net book value of tangible fixed assets included £59,815 (2024 - £79,214) in respect of assets held under hire purchase agreements.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

194,907

308,962

Amounts recoverable on contract

175,707

229,332

Other debtors

49,313

43,069

419,927

581,363

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

22,683

-

Hire purchase contracts (see note 9)

9,173

7,179

Trade creditors

33,471

40,748

Taxation and social security

41,567

48,741

Other creditors

21,496

21,612

128,390

118,280

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 9)

62,434

72,928

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

9,173

7,179

Between one and five years

62,434

72,928

71,607

80,107

Non-cancellable

operating leases

2025

2024

£

£

Within one year

19,690

60,798

Between one and five years

-

19,690

19,690

80,488

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdraft

22,683

-

Hire purchase contracts

71,607

80,107

94,290

80,107

Hire purchase contracts are secured on the assets to which they relate.

11.	CALLED UP SHARE CAPITAL

2025

2024

2025

2024

Ordinary share capital

Number

Number

£

£

Issued and fully paid

Ordinary A shares of 10p each

388

408

39

41

Ordinary B shares of 10p each

214

214

21

21

Ordinary C non-voting shares of £1 each

17

17

17

17

Ordinary D non-voting shares of £1 each

8

8

8

8

Ordinary E non-voting shares of £1 each

8

8

8

8

Ordinary F non-voting shares of £1 each

8

8

8

8

Ordinary G shares of 10p each

38

18

4

2

681

681

105

105

During the year 20 Ordinary A shares were reclassified as Ordinary G shares.