REGISTERED NUMBER: 10246051 (England and Wales)

Brooks Mayfield Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W H Oates

S Neve

REGISTERED OFFICE:

12 Bridgford Road

West Bridgford

Nottingham

Nottinghamshire

NG2 6AB

REGISTERED NUMBER:

10246051 (England and Wales)

FIXED ASSETS

Intangible assets

5

963,000

963,000

Tangible assets

6

2,039

2,465

965,039

965,465

CURRENT ASSETS

Debtors

7

290,964

311,720

Cash at bank and in hand

333,261

333,818

624,225

645,538

CREDITORS

Amounts falling due within one year

8

255,944

360,885

NET CURRENT ASSETS

368,281

284,653

TOTAL ASSETS LESS CURRENT LIABILITIES

1,333,320

1,250,118

CREDITORS

Amounts falling due after more than one year

9

(81,349

)

(156,349

)

PROVISIONS FOR LIABILITIES

(510

)

(616

)

NET ASSETS

1,251,461

1,093,153

CAPITAL AND RESERVES

Called up share capital

11

151

151

Capital redemption reserve

12

49

49

Retained earnings

12

1,251,261

1,092,953

SHAREHOLDERS' FUNDS

1,251,461

1,093,153

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 directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 December 2025 and were signed on its behalf by:

W H Oates - Director

1.	STATUTORY INFORMATION

Brooks Mayfield 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the amounts chargeable to clients for professional services provided during the year, inclusive of direct expenses incurred on assignments but excluding Value Added Tax and discounts. Turnover is recognised when a right to consideration has been obtained through performance under each contract.

Turnover also includes appropriate amounts in respect of work in progress on contracts as described above, to the extent that the outcome of these contracts can be assessed with reasonable certainty. Turnover is not recognised where the right to receive payment is contingent on events outside the control of the company. Turnover not yet billed is included within trade debtors as 'Unbilled revenue'.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less, when felt necessary to give a true and fair view, accumulated amortisation and accumulated impairment losses.

Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is not being amortised.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 8 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

963,000

NET BOOK VALUE

At 31 March 2025

963,000

At 31 March 2024

963,000

6.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

23,498

Additions

1,091

At 31 March 2025

24,589

DEPRECIATION

At 1 April 2024

21,033

Charge for year

1,517

At 31 March 2025

22,550

NET BOOK VALUE

At 31 March 2025

2,039

At 31 March 2024

2,465

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

273,795

288,414

Other debtors

17,169

23,306

290,964

311,720

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

75,000

75,000

Trade creditors

2,447

1,565

Taxation and social security

118,947

152,860

Other creditors

59,550

131,460

255,944

360,885

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

81,349

156,349

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

156,349

231,349

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

51

Ordinary

£1

51

51

100

Ordinary B

£1

100

100

151

151

12.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 April 2024

1,092,953

49

1,093,002

Profit for the year

195,308

195,308

Dividends

(37,000

)

(37,000

)

At 31 March 2025

1,251,261

49

1,251,310