Brighton And Hove Tax Services Ltd

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—5

Registered number: 12505181

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		30,350		33,080
Tangible Assets	5		391		959

			30,741		34,039
CURRENT ASSETS
Debtors	6	21,734		15,016
Cash at bank and in hand		11,147		5,965

		32,881		20,981
Creditors: Amounts Falling Due Within One Year	7	(76,623 )		(80,381 )

NET CURRENT ASSETS (LIABILITIES)			(43,742 )		(59,400 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(13,001 )		(25,361 )

NET LIABILITIES			(13,001 )		(25,361 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Income Statement			(13,101 )		(25,461 )

SHAREHOLDERS' FUNDS			(13,001)		(25,361)

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Brighton And Hove Tax Services Ltd

Statement of Financial Position (continued)

As At 31 March 2025

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 Income Statement.

On behalf of the board

Mr Matthew Tyerman

Director

01/11/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Brighton And Hove Tax Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12505181 . The registered office is 16 Blatchington Road, Hove, East Sussex, BN3 3YN.

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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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 income statement over its estimated economic life and an amortisation rate of 6.5% per annum has been agreed.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are .... It is amortised to the income statement over its estimated economic life of .... years.

2.5. 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:

Computer Equipment

SLM 33.33%

2.6. Taxation

Income tax expense represents the sum of the tax currently payable.

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 years 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	3	3

	3	3

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Brighton And Hove Tax Services Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Intangible Assets

	Goodwill	Other	Total
	£	£	£
Cost
As at 1 April 2024	42,000	2,000	44,000

As at 31 March 2025	42,000	2,000	44,000

Amortisation
As at 1 April 2024	10,920	-	10,920
Provided during the period	2,730	-	2,730

As at 31 March 2025	13,650	-	13,650

Net Book Value
As at 31 March 2025	28,350	2,000	30,350

As at 1 April 2024	31,080	2,000	33,080

5. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 April 2024	1,702

As at 31 March 2025	1,702

Depreciation
As at 1 April 2024	743
Provided during the period	568

As at 31 March 2025	1,311

Net Book Value
As at 31 March 2025	391

As at 1 April 2024	959

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	10,336	15,016
Prepayments and accrued income	11,373	-
Net wages	25	-

	21,734	15,016

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Brighton And Hove Tax Services Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	(1 )
Corporation tax	679	172
Other taxes and social security	2,609	717
VAT	10,754	10,860
Other creditors	2,045	1,055
Director's loan account	60,536	67,578

	76,623	80,381

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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