1 April 2024 false Taxfiler 2024.6 true 4677621 business:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 4677621 2024-03-31 4677621 2024-04-01 2025-03-31 4677621 business:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 4677621 business:FilletedAccounts 2024-04-01 2025-03-31 4677621 2025-03-31 4677621 business:Director1 2024-04-01 2025-03-31 4677621 business:Director2 2024-04-01 2025-03-31 4677621 business:RegisteredOffice 2024-04-01 2025-03-31 4677621 2024-03-31 4677621 core:WithinOneYear 2025-03-31 4677621 core:WithinOneYear 2024-03-31 4677621 core:AfterOneYear 2025-03-31 4677621 core:AfterOneYear 2024-03-31 4677621 core:ShareCapital core:PreviouslyStatedAmount 2025-03-31 4677621 core:ShareCapital core:PreviouslyStatedAmount 2024-03-31 4677621 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-03-31 4677621 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-03-31 4677621 core:PreviouslyStatedAmount 2025-03-31 4677621 core:PreviouslyStatedAmount 2024-03-31 4677621 business:SmallEntities 2024-04-01 2025-03-31 4677621 countries:EnglandWales 2024-04-01 2025-03-31 4677621 core:PlantMachinery 2024-04-01 2025-03-31 4677621 core:MotorVehicles 2024-04-01 2025-03-31 4677621 core:PlantMachinery 2024-03-31 4677621 core:MotorVehicles 2024-03-31 4677621 core:PlantMachinery 2025-03-31 4677621 core:MotorVehicles 2025-03-31 4677621 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 4677621 (England and Wales)
Brooklands Glass Centre Ltd Unaudited accounts for the year ended 31 March 2025
Brooklands Glass Centre Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Brooklands Glass Centre Ltd Company Information for the year ended 31 March 2025
Directors
Mr D S Seward Mrs C E Seward
Company Number
4677621 (England and Wales)
Registered Office
4/6 Church Road Burgess Hill West Sussex RH15 9AE United Kingdom
Accountants
Keymer Haslam & Co 4/6 Church Road Burgess Hill West Sussex RH15 9AE
- 3 -
Brooklands Glass Centre Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
106,991
6,671
Current assets
Inventories
10,300
10,300
Debtors
5
527,206
489,049
Cash at bank and in hand
387,367
329,654
924,873
829,003
Creditors: amounts falling due within one year
6
(102,047)
(122,722)
Net current assets
822,826
706,281
Total assets less current liabilities
929,817
712,952
Creditors: amounts falling due after more than one year
7
(88,345)
-
Provisions for liabilities
Deferred tax
(26,748)
(1,668)
Net assets
814,724
711,284
Capital and reserves
Called up share capital
100
100
Profit and loss account
814,624
711,184
Shareholders' funds
814,724
711,284
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 August 2025 and were signed on its behalf by
Mr D S Seward Director Company Registration No. 4677621
- 4 -
Brooklands Glass Centre Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Brooklands Glass Centre Ltd is a private company, limited by shares, registered in England and Wales, registration number 4677621. The registered office is 4/6 Church Road, Burgess Hill, West Sussex, RH15 9AE, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing balance
Motor vehicles
25% Reducing balance
Going concern
In common with many other businesses, the company has encountered difficult trading conditions owing to the Covid 19 pandemic and, in addition, the issues regarding Brexit and how that will affect the company's operations, create uncertainty over the company's ability to realise its assets and meet it liabilities in the ordinary course of business in the future. However, the directors will continue to support the company and have made operational changes to enable the company to continue to trade. These trading conditions may continue for the foreseeable future, although advancements in medical science continue to improve the outlook and Brexit issues are being resolved, so the directors believe the actions they have taken are sufficient to mitigate any uncertainty and therefore have prepared the financial statements on the going concern basis.
- 5 -
Brooklands Glass Centre Ltd Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2024
6,568
116,485
123,053
Additions
-
135,746
135,746
At 31 March 2025
6,568
252,231
258,799
Depreciation
At 1 April 2024
4,791
111,591
116,382
Charge for the year
267
35,159
35,426
At 31 March 2025
5,058
146,750
151,808
Net book value
At 31 March 2025
1,510
105,481
106,991
At 31 March 2024
1,777
4,894
6,671
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
69,788
51,131
Accrued income and prepayments
2,877
2,877
Other debtors
4,457
4,457
77,122
58,465
Amounts falling due after more than one year
Other debtors
450,084
430,584
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
16,442
14,436
Obligations under finance leases and hire purchase contracts
10,566
-
Trade creditors
32,425
34,715
Taxes and social security
20,245
40,727
Other creditors
3,450
3,034
Loans from directors
16,269
27,160
Accruals
2,650
2,650
102,047
122,722
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
88,345
-
8
Pension commitments
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
- 6 -
Brooklands Glass Centre Ltd Notes to the Accounts for the year ended 31 March 2025
9
Transactions with related parties
At 31 March 2025 the company owed its directors £16,269 (2024 £27,160) and this is included in creditors.
10
Average number of employees
During the year the average number of employees was 7 (2024: 7).
- 7 -