Browns of Shrewsbury Limited 31/08/2025 iXBRL

Company registration number: 07752124

BROWNS OF SHREWSBURY LIMITED

UNAUDITED FILLETED FINANCIAL STATEMENTS

31 August 2025

BROWNS OF SHREWSBURY LIMITED

Contents

Directors and other information

Accountants report

Statement of financial position

Statement of changes in equity

Notes to the financial statements

BROWNS OF SHREWSBURY LIMITED

DIRECTORS AND OTHER INFORMATION


	Directors	Mr I Hayward
		Mrs K M Hayward


	Secretary	Mrs K M Hayward


	Company number	07752124


	Registered office	Countrywide House
		Knights Way
		Shrewsbury
		Shropshire
		SY1 3AB


	Business address	26 Princess Street
		Shrewsbury
		Shropshire
		SY1 1LW


	Accountants	Heywoods
		Countrywide House
		Knights Way
		Shrewsbury
		Shropshire
		SY1 3AB

BROWNS OF SHREWSBURY LIMITED

CHARTERED ACCOUNTANTS REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE

UNAUDITED STATUTORY FINANCIAL STATEMENTS OF BROWNS OF SHREWSBURY LIMITED

YEAR ENDED 31ST AUGUST 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Browns of Shrewsbury Limited for the year ended 31 August 2025 as set out on pages 5 to 11 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of Browns of Shrewsbury Limited, as a body, in accordance with the terms of our engagement letter dated 21 May 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Browns of Shrewsbury Limited and state those matters that we have agreed to state to the board of directors of Browns of Shrewsbury Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Browns of Shrewsbury Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Browns of Shrewsbury Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Browns of Shrewsbury Limited. You consider that Browns of Shrewsbury Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Browns of Shrewsbury Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Heywoods

Chartered Accountants

Countrywide House

Knights Way

Shrewsbury

Shropshire

SY1 3AB

7 November 2025

BROWNS OF SHREWSBURY LIMITED

STATEMENT OF FINANCIAL POSITION

31ST AUGUST 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	6,664		7,701
		_______		_______
			6,664		7,701

Current assets
Stocks		15,000		15,750
Debtors	6	6,051		6,942
Cash at bank and in hand		215,446		149,309
		_______		_______
		236,497		172,001
Creditors: amounts falling due
within one year	7	( 95,786)		( 80,471)
		_______		_______
Net current assets			140,711		91,530
			_______		_______
Total assets less current liabilities			147,375		99,231


Provisions for liabilities			( 1,266)		( 1,926)

			_______		_______
Net assets			146,109		97,305
			_______		_______

Capital and reserves
Called up share capital			3		3
Profit and loss account			146,106		97,302
			_______		_______
Shareholders funds			146,109		97,305
			_______		_______

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 30 October 2025 , and are signed on behalf of the board by:

Mrs K M Hayward Mr I Hayward

Director Director

Company registration number: 07752124

BROWNS OF SHREWSBURY LIMITED

STATEMENT OF CHANGES IN EQUITY

YEAR ENDED 31ST AUGUST 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 September 2023	3	81,167	81,170

Profit for the year		48,635	48,635
	_______	_______	_______
Total comprehensive income for the year	-	48,635	48,635

Dividends paid and payable		( 32,500)	( 32,500)
	_______	_______	_______
Total investments by and distributions to owners	-	( 32,500)	( 32,500)

	_______	_______	_______
At 31 August 2024 and 1 September 2024	3	97,302	97,305

Profit for the year		86,304	86,304
	_______	_______	_______
Total comprehensive income for the year	-	86,304	86,304

Dividends paid and payable		( 37,500)	( 37,500)
	_______	_______	_______
Total investments by and distributions to owners	-	( 37,500)	( 37,500)

	_______	_______	_______
At 31 August 2025	3	146,106	146,109
	_______	_______	_______

BROWNS OF SHREWSBURY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31ST AUGUST 2025

1. General information

The company is a private company limited by shares, registered in United Kingdom. The address of the registered office is Countrywide House, Knights Way, Shrewsbury, Shropshire, SY1 3AB.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	15 %	reducing balance

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 16 (2024: 16 ).

5. Tangible assets

	Fixtures, fittings and equipment	Total
	£	£
Cost
At 1 September 2024	23,901	23,901
Additions	125	125
	_______	_______
At 31 August 2025	24,026	24,026
	_______	_______
Depreciation
At 1 September 2024	16,199	16,199
Charge for the year	1,163	1,163
	_______	_______
At 31 August 2025	17,362	17,362
	_______	_______
Carrying amount
At 31 August 2025	6,664	6,664
	_______	_______
At 31 August 2024	7,702	7,702
	_______	_______

6. Debtors

	2025	2024
	£	£
Other debtors	6,051	6,942
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	2,324	4,382
Corporation tax	26,193	11,601
Social security and other taxes	20,449	19,143
Other creditors	46,820	45,345
	_______	_______
	95,786	80,471
	_______	_______

8. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Amounts repaid	Balance o/standing
		£	£	£
	Mrs K M Hayward	( 14,380)	1,297	( 13,083)
		_______	_______	_______

2024
		Balance brought forward	Amounts repaid	Balance o/standing
		£	£	£
	Mrs K M Hayward	( 18,193)	3,813	( 14,380)
		_______	_______	_______

The balance of the directors loan is shown in other creditors.