REGISTERED NUMBER: 05054235 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2024 TO 31 MARCH 2025

FOR

SG BRIMACOMBE & SONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P Brimacombe

REGISTERED OFFICE:

St. John's House,

Castle Street,

Taunton

Somerset

TA1 4AY

REGISTERED NUMBER:

05054235 (England and Wales)

ACCOUNTANTS:

Mitchells Chartered Accountants

St. John's House,

Castle Street,

Taunton

Somerset

TA1 4AY

FIXED ASSETS

Tangible assets

4

628,425

736,246

CURRENT ASSETS

Debtors

5

1,260,944

631,224

CREDITORS

Amounts falling due within one year

6

175,355

41,806

NET CURRENT ASSETS

1,085,589

589,418

TOTAL ASSETS LESS CURRENT LIABILITIES

1,714,014

1,325,664

PROVISIONS FOR LIABILITIES

7

48,274

67,354

NET ASSETS

1,665,740

1,258,310

CAPITAL AND RESERVES

Called up share capital

450

450

Retained earnings

8

1,665,290

1,257,860

SHAREHOLDERS' FUNDS

1,665,740

1,258,310

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

The members have not required the company to obtain an audit of its financial statements for the period 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 19 November 2025 and were signed by:

P Brimacombe - Director

1.	STATUTORY INFORMATION

SG Brimacombe & Sons 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.

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.

Intangible fixed assets

Basic payment scheme entitlements were capitalised as intangible assets. Amortisation was provided on the straight line method with the aim of writing off these entitlements over their expected useful life. The entitlements were expected to have no value by 31 December 2027. The expected useful life of the entitlements was, therefore, considered to be the period from purchase to 31 December 2027. However, the underlying scheme has been replaced whereupon the entitlements became worthless and were, therefore, written off in the year ended 31 December 2023.

Tangible fixed assets

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

Plant and machinery etc

-

15% on cost and 4% on cost

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

1,904,126

Additions

375

At 31 March 2025

1,904,501

DEPRECIATION

At 1 January 2024

1,167,880

Charge for period

108,196

At 31 March 2025

1,276,076

NET BOOK VALUE

At 31 March 2025

628,425

At 31 December 2023

736,246

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.12.23

£

£

Trade debtors

1,260,944

631,224

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.12.23

£

£

Trade creditors

10,450

5,049

Taxation and social security

164,905

36,757

175,355

41,806

7.	PROVISIONS FOR LIABILITIES

31.3.25

31.12.23

£

£

Deferred tax

48,274

67,354

Deferred

tax

£

Balance at 1 January 2024

67,354

Unused amounts reversed during period

(19,080

)

Balance at 31 March 2025

48,274

8.

RESERVES

Retained

earnings

£

At 1 January 2024

1,257,860

Profit for the period

412,380

Dividends

(4,950

)

At 31 March 2025

1,665,290

9.	RELATED PARTY DISCLOSURES

During the period, total dividends of £700 were paid to the director .