Bracewood Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 10677617

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,245,088		1,275,656

			1,245,088		1,275,656
CURRENT ASSETS
Debtors	5	762		(1,700 )
Cash at bank and in hand		28,705		5,981

		29,467		4,281
Creditors: Amounts Falling Due Within One Year	6	(25,133 )		(322,651 )

NET CURRENT ASSETS (LIABILITIES)			4,334		(318,370 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,249,422		957,286

Creditors: Amounts Falling Due After More Than One Year	7		(999,522 )		(749,918 )

NET ASSETS			249,900		207,368

CAPITAL AND RESERVES
Called up share capital	8		102		102
Profit and Loss Account			249,798		207,266

SHAREHOLDERS' FUNDS			249,900		207,368

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Bracewood Ltd

Balance Sheet (continued)

As At 31 March 2025

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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Dr Manish Patel Director	Dr Amit Chudasama Director
15/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Bracewood Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10677617 . The registered office is 14 Belwell Lane, Four Oaks, Sutton Coldfield, B74 4AL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	Not to be depreciated
Motor Vehicles	25% on cost

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Land & Property
	Freehold	Motor Vehicles	Total
	£	£	£
Cost
As at 1 April 2024	1,191,596	122,270	1,313,866

As at 31 March 2025	1,191,596	122,270	1,313,866

...CONTINUED

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Bracewood Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Depreciation
As at 1 April 2024	-	38,210	38,210
Provided during the period	-	30,568	30,568

As at 31 March 2025	-	68,778	68,778

Net Book Value
As at 31 March 2025	1,191,596	53,492	1,245,088

As at 1 April 2024	1,191,596	84,060	1,275,656

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	762	(1,700 )

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	1
Other creditors	1,411	318,214
Taxation and social security	23,722	4,436

	25,133	322,651

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	684,972	749,918
Other creditors	314,550	-

	999,522	749,918

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	102	102

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