Brokerhub Limited - Filleted accounts

Brokerhub Limited
Registered number:		04485972
Statement of Financial Position
as at 31 July 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		1,118			6,398

Current assets
Debtors	4	164,383			94,850
Cash at bank and in hand		22,942			260,344
		187,325			355,194

Creditors: amounts falling due within one year	5	(110,106)			(170,771)

Net current assets			77,219			184,423

Total assets less current liabilities			78,337			190,821


Provisions for liabilities			-			(1,216)


Net assets			78,337			189,605

Capital and reserves
Called up share capital			244,599			244,599
Share premium			1,000			1,000
Profit and loss account			(167,262)			(55,994)

Shareholders' funds			78,337			189,605

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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 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 J Flaquieres
Director
Approved by the board on 9 December 2025

Brokerhub Limited
Notes to the Accounts
for the year ended 31 July 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.

	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:

	Plant and machinery	25% reducing balance
	Software	over 2 years

	Debtors
	Short term debtors are measured at transaction 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. 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 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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	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.



2	Employees and directors			2025		2024
Number					Number

	Average number of directors and persons employed by the company			7		9


3	Tangible fixed assets
		Plant and machinery etc		Software		Total
£			£		£
	Cost
	At 1 August 2024	47,681		26,261		73,942
	Disposals	(45,692)		-		(45,692)
	At 31 July 2025	1,989		26,261		28,250

	Depreciation
	At 1 August 2024	41,283		26,261		67,544
	Charge for the year	373		-		373
	On disposals	(40,785)		-		(40,785)
	At 31 July 2025	871		26,261		27,132

	Net book value
	At 31 July 2025	1,118		-		1,118
	At 31 July 2024	6,398		-		6,398


4	Debtors			2025		2024
£					£

	Trade debtors			162,000		90,306
	Prepayments			99		3,207
	Other debtors			2,284		1,337
				164,383		94,850


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			757		8,974
	Accruals			109,349		159,135
	Other taxes and social security costs			-		2,662
				110,106		170,771


6	Other information

	Brokerhub Limited is a private company limited by shares and incorporated in England. Its registered office is:
	40 Gracechurch Street
	London
	EC3V 0BT