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Registered number: 11235240
Brown Davies Accountants Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 11235240
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 1,303 24
Investments 6 200 200
1,503 224
CURRENT ASSETS
Stocks 7 12,216 13,275
Debtors 8 76,969 57,432
Cash at bank and in hand 168,031 123,813
257,216 194,520
Creditors: Amounts Falling Due Within One Year 9 (108,751 ) (88,747 )
NET CURRENT ASSETS (LIABILITIES) 148,465 105,773
TOTAL ASSETS LESS CURRENT LIABILITIES 149,968 105,997
Creditors: Amounts Falling Due After More Than One Year 10 (1,798 ) (9,960 )
NET ASSETS 148,170 96,037
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account 148,070 95,937
SHAREHOLDERS' FUNDS 148,170 96,037
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr L Davies
Director
23/12/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Brown Davies Accountants Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11235240 . The registered office is Lakeside House, Lakside Court, Llantarnam Park Way, Cwmbran, Torfaen, NP44 3GA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover represents amounts invoiced for services excluding value added tax.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of three years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25% on cost
Computer Equipment 25% on cost
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
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Page 4
2.8. Financial Statements
These financial statements relate to the company as an individual undertaking and not of its group as the group qualifies as a small group.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 4)
4 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 19,900
As at 31 March 2025 19,900
Amortisation
As at 1 April 2024 19,900
As at 31 March 2025 19,900
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 -
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 1,541 10,865 12,406
Additions 1,029 740 1,769
As at 31 March 2025 2,570 11,605 14,175
Depreciation
As at 1 April 2024 1,541 10,841 12,382
Provided during the period 257 233 490
As at 31 March 2025 1,798 11,074 12,872
Net Book Value
As at 31 March 2025 772 531 1,303
As at 1 April 2024 - 24 24
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6. Investments
Unlisted
£
Cost or Valuation
As at 1 April 2024 200
As at 31 March 2025 200
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 200
As at 1 April 2024 200
The company's investment at the Balance Sheet date in the share capital of companies include the following:
Platinum Bookkeeping Services Ltd
Ordinary shares - 100% holding
7. Stocks
2025 2024
£ £
Work in progress 12,216 13,275
8. Debtors
2025 2024
£ £
Due within one year
Trade debtors 72,340 53,768
Prepayments and accrued income 2,889 2,260
Other debtors 1,740 1,404
76,969 57,432
9. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 2,377 1,898
Bank loans and overdrafts 7,992 7,992
Other taxes and social security 47,359 37,047
VAT 15,526 12,760
Other creditors 1,098 5,926
Director's loan account 34,399 23,124
108,751 88,747
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Page 6
10. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 1,798 9,960
11. Share Capital
2025 2024
Allotted, called up and fully paid £ £
50 Ordinary A shares of £ 1.000 each 50 50
50 Ordinary B shares of £ 1.000 each 50 50
100 100
12. Related Party Transactions
Included in Other creditors are amounts due to related parties. The loans are unsecured, interest free and repayable on demand.
Amount due to shareholder: £324 (2024: £5,624)

Included in Creditors are amounts due to the director. The loans are unsecured, interest free and repayable on demand.
Amount due to director: £34,399 (2024: £23,124)
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