Joshua Brooks Limited - Filleted accounts

Registered number

08730286

Joshua Brooks Limited

Filleted Accounts

29 December 2024

Joshua Brooks Limited
Registered number:		08730286
Balance Sheet
as at 29 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		453,967			490,297

Current assets
Debtors	4	20,538			9,089
Cash at bank and in hand		42,773			20,539
		63,311			29,628

Creditors: amounts falling due within one year	5	(34,030)			(31,427)

Net current assets/(liabilities)			29,281			(1,799)

Total assets less current liabilities			483,248			488,498

Creditors: amounts falling due after more than one year	6		(861,331)			(923,857)

Provisions for liabilities			(594)			(2,178)


Net liabilities			(378,677)			(437,537)

Capital and reserves
Called up share capital			100			100
Profit and loss account			(378,777)			(437,637)

Shareholder's funds			(378,677)			(437,537)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.




Mr S Leonard
Director
Approved by the board on 4 December 2025

Joshua Brooks Limited
Notes to the Accounts
for the period from 31 December 2023 to 29 December 2024


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.

	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:

	Leasehold buildings	2% straight line
	Leasehold Improvements	10% straight line
	Fixtures, fittings, tools and equipment	10% straight line

	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.


2	Employees			2024		2023
Number					Number

	Average number of persons employed by the company			0		0


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 31 December 2023	759,452		40,550		800,002
	At 29 December 2024	759,452		40,550		800,002

	Depreciation
	At 31 December 2023	280,619		29,086		309,705
	Charge for the period	33,203		3,127		36,330
	At 29 December 2024	313,822		32,213		346,035

	Net book value
	At 29 December 2024	445,630		8,337		453,967
	At 30 December 2023	478,833		11,464		490,297


4	Debtors			2024		2023
£					£

	Trade debtors			15,000		4,500
	Other debtors			5,538		4,589
				20,538		9,089


5	Creditors: amounts falling due within one year			2024		2023
£					£

	Taxation and social security costs			1,779		1,088
	Other creditors			32,251		30,339
				34,030		31,427


6	Creditors: amounts falling due after one year			2024		2023
£					£

	Other creditors			861,331		923,857


7	Other information

	Joshua Brooks Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 3 Brookside Industrial Estate
	Waterloo Road
	Stockport
	SK1 3BJ