REGISTERED NUMBER: SC244273 (Scotland)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Brett Investment Limited

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

5

DIRECTOR:

J Brett

SECRETARY:

Mrs S Brett

REGISTERED OFFICE:

5 St Dunstan's Lane

Melrose

Roxburghshire

TD6 9RS

REGISTERED NUMBER:

SC244273 (Scotland)

ACCOUNTANTS:

EQ Accountants Ltd

47-49 The Square

Kelso

Roxburghshire

TD5 7HW

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

67,735

48,171

67,735

48,171

CURRENT ASSETS

Debtors

6

50,582

51,990

Cash at bank and in hand

112,364

96,243

162,946

148,233

CREDITORS

Amounts falling due within one year

7

140,760

116,217

NET CURRENT ASSETS

22,186

32,016

TOTAL ASSETS LESS CURRENT LIABILITIES

89,921

80,187

PROVISIONS FOR LIABILITIES

3,500

4,000

NET ASSETS

86,421

76,187

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

86,321

76,087

SHAREHOLDERS' FUNDS

86,421

76,187

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 17 December 2025 and were signed by:

J Brett - Director

1.	STATUTORY INFORMATION

Brett Investment Limited is a private company, limited by shares , registered in Scotland. 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 represents gross commissions and client fees received.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of five years.

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.

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 reducing balance

Office equipment

-

20% on reducing balance

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 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2024

and 31 May 2025

30,000

AMORTISATION

At 1 June 2024

and 31 May 2025

30,000

NET BOOK VALUE

At 31 May 2025

-

At 31 May 2024

-

5.	PROPERTY, PLANT AND EQUIPMENT

Improvements

Fixtures

to

and

Office

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 June 2024

31,430

9,545

65,814

106,789

Additions

14,240

10,000

-

24,240

At 31 May 2025

45,670

19,545

65,814

131,029

DEPRECIATION

At 1 June 2024

-

4,176

54,442

58,618

Charge for year

-

2,342

2,334

4,676

At 31 May 2025

-

6,518

56,776

63,294

NET BOOK VALUE

At 31 May 2025

45,670

13,027

9,038

67,735

At 31 May 2024

31,430

5,369

11,372

48,171

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/5/25

31/5/24

£

£

Trade debtors

40,955

44,582

Other debtors

9,627

7,408

50,582

51,990

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/5/25

31/5/24

£

£

Taxation and social security

95,761

81,475

Other creditors

44,999

34,742

140,760

116,217

8.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors who own 100% of the issued share capital.