REGISTERED NUMBER: 04341417 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

BROPHY MCPAUL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B J McPaul

A E McPaul

SECRETARY:

A E McPaul

REGISTERED OFFICE:

10 Nicholas Street

Chester

Cheshire

CH1 2NX

REGISTERED NUMBER:

04341417 (England and Wales)

ACCOUNTANTS:

M. D. Coxey and Co. Limited

10 Nicholas Street

Chester

CH1 2NX

BANKERS:

Barclays Bank plc

Leicester

Leicestershire

LE87 2BB

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

2,324

601

2,324

601

CURRENT ASSETS

Debtors

6

13,131

12,591

Cash at bank and in hand

26,994

18,069

40,125

30,660

CREDITORS

Amounts falling due within one year

7

9,161

3,674

NET CURRENT ASSETS

30,964

26,986

TOTAL ASSETS LESS CURRENT LIABILITIES

33,288

27,587

PROVISIONS FOR LIABILITIES

8

576

-

NET ASSETS

32,712

27,587

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

32,710

27,585

SHAREHOLDERS' FUNDS

32,712

27,587

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 27th November 2025 and were signed on its behalf by:

B J McPaul - Director

A E McPaul - Director

1.	STATUTORY INFORMATION

Brophy McPaul 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of 4 years.

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.

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 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Development

costs

£

COST

At 1st April 2024

and 31st March 2025

2,944

AMORTISATION

At 1st April 2024

and 31st March 2025

2,944

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1st April 2024

5,178

Additions

2,250

At 31st March 2025

7,428

DEPRECIATION

At 1st April 2024

4,577

Charge for year

527

At 31st March 2025

5,104

NET BOOK VALUE

At 31st March 2025

2,324

At 31st March 2024

601

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

2,994

2,964

Other debtors

134

-

Directors' current accounts

9,524

8,988

Deferred tax asset

Accelerated capital allowances

-

139

Prepayments

479

500

13,131

12,591

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

2,331

681

Tax

4,268

-

Social security and other taxes

-

246

VAT

1,127

1,867

Accrued expenses

1,435

880

9,161

3,674

8.	PROVISIONS FOR LIABILITIES

31.3.25

£

Deferred tax

Accelerated capital allowances

576

Deferred

tax

£

Balance at 1st April 2024

(139

)

Changes in tax allowance

431

Changes in tax losses

191

Prior year adjustment

93

Balance at 31st March 2025

576

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

2

Ordinary

£1

2

2

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st March 2025 and 31st March 2024:

31.3.25

31.3.24

£

£

B J McPaul and A E McPaul

Balance outstanding at start of year

8,988

(199

)

Amounts advanced

10,148

9,984

Amounts repaid

(9,612

)

(797

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

9,524

8,988