REGISTERED NUMBER: 11891854 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

BEARDED BROS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S J Tucker

REGISTERED OFFICE:

The Yard

146-148 Springfield Road

Brighton

BN1 6DG

REGISTERED NUMBER:

11891854 (England and Wales)

ACCOUNTANTS:

MDJ Services Limited

Unit A6

Chaucer Business Park

Dittons Road

Polegate

East Sussex

BN26 6QH

FIXED ASSETS

Tangible assets

4

92,938

117,280

CURRENT ASSETS

Debtors

5

26,574

97,678

Cash at bank and in hand

39,271

7,318

65,845

104,996

CREDITORS

Amounts falling due within one year

6

103,448

117,156

NET CURRENT LIABILITIES

(37,603

)

(12,160

)

TOTAL ASSETS LESS CURRENT LIABILITIES

55,335

105,120

CREDITORS

Amounts falling due after more than one year

7

(1,667

)

(24,554

)

PROVISIONS FOR LIABILITIES

(17,658

)

(22,283

)

NET ASSETS

36,010

58,283

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

35,910

58,183

SHAREHOLDERS' FUNDS

36,010

58,283

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 December 2025 and were signed by:

S J Tucker - Director

1.	STATUTORY INFORMATION

Bearded Bros Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

20% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2024

15,169

25,900

8,369

Additions

-

-

-

At 31 March 2025

15,169

25,900

8,369

DEPRECIATION

At 1 April 2024

9,344

13,927

5,172

Charge for year

1,165

2,395

799

At 31 March 2025

10,509

16,322

5,971

NET BOOK VALUE

At 31 March 2025

4,660

9,578

2,398

At 31 March 2024

5,825

11,973

3,197

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

224,854

7,138

281,430

Additions

5,126

683

5,809

At 31 March 2025

229,980

7,821

287,239

DEPRECIATION

At 1 April 2024

131,239

4,468

164,150

Charge for year

24,685

1,107

30,151

At 31 March 2025

155,924

5,575

194,301

NET BOOK VALUE

At 31 March 2025

74,056

2,246

92,938

At 31 March 2024

93,615

2,670

117,280

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2024

and 31 March 2025

127,354

DEPRECIATION

At 1 April 2024

77,693

Charge for year

12,415

At 31 March 2025

90,108

NET BOOK VALUE

At 31 March 2025

37,246

At 31 March 2024

49,661

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

6,906

4,874

Other debtors

19,668

92,804

26,574

97,678

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,000

11,350

Hire purchase contracts

12,887

21,355

Trade creditors

9,616

3,642

Tax

21,558

14,549

VAT

39,109

55,213

Other creditors

7,917

8,987

Directors' current accounts

411

260

Accrued expenses

1,950

1,800

103,448

117,156

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 1-2 years

1,667

10,000

Bank loans - 2-5 years

-

1,667

Hire purchase contracts

-

12,887

1,667

24,554

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Hire purchase contracts

12,887

34,242

The above liability is secured against the asset to which it relates.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

1

100

100