Brown and Mills Entertainment Limited iXBRL

Company Registration Number: 08481907

Brown and Mills Entertainment Limited

Unaudited Financial Statements

for the financial year ended 31 March 2025

Brown and Mills Entertainment Limited

Company Registration Number: 08481907

STATEMENT OF FINANCIAL POSITION

as at 31 March 2025

		2025	2024
	Notes	£	£

Current Assets

Debtors

419,222

442,363

Cash and cash equivalents

45,448

52,696

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464,670

495,059

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Creditors: amounts falling due within one year

(124,655)

(199,284)

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Net Current Assets

340,015

295,775

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Total Assets less Current Liabilities

340,015

295,775

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Capital and Reserves

Called up share capital

110

110

Retained earnings

339,905

295,665

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Equity attributable to owners of the company

340,015

295,775

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The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

The company has taken advantage of the exemption under section 444 not to file the Income Statement and Director's Report.

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 26 December 2025



________________________________
Miss S J Brown
Director

Brown and Mills Entertainment Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 March 2025

General Information

Brown and Mills Entertainment Limited is a company limited by shares incorporated and registered in England. The registered number of the company is 08481907. The registered office of the company is 5 West Court, Enterprise Road, Maidstone, Kent, ME15 6JD, United Kingdom. Support activities to performing arts The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 March 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Turnover

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Pension costs and other post-retirement benefits

The company operates a defined contribution pensions scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Goodwill

Purchased goodwill arising on the acquisition of a business represents the excess of the acquisition cost over the fair value of the identifiable net assets including other intangible fixed assets when they were acquired. Purchased goodwill is capitalised in the Statement of Financial Position and amortised on a straight line basis over its economic useful life of 10 years, which is estimated to be the period during which benefits are expected to arise. On disposal of a business any goodwill not yet amortised is included in determining the profit or loss on sale of the business.

Leasing

Rentals payable under operating leases are dealt with in the Income Statement as incurred over the period of the rental agreement.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.

Employees

The average monthly number of employees, including director, during the financial year was 5, (2024 - 5).


4.	Intangible assets

		Goodwill	Total
		£	£
	Cost
	At 1 April 2024	2,000	2,000
		─────────	─────────

	At 31 March 2025	2,000	2,000
		─────────	─────────
	Amortisation

	At 31 March 2025	2,000	2,000
		─────────	─────────
	Net book value
	At 31 March 2025	-	-
		═════════	═════════


5.	Debtors	2025	2024
		£	£

	Trade debtors	85,981	135,193
	Other debtors	57,027	36,700
	Director's current account (Note 7)	276,214	270,470
		─────────	─────────
		419,222	442,363
		═════════	═════════


6.	Creditors	2025	2024
	Amounts falling due within one year	£	£

	Trade creditors	52,940	103,812
	Taxation	61,670	85,892
	Other creditors	4,907	4,937
	Accruals	5,138	4,643
		─────────	─────────
		124,655	199,284
		═════════	═════════

Director's advances, credits and guarantees

During the financial year, the company made a loan to a director amounting to £276,214 (2024 - £270,470) The loan is unsecured, interest free and repayable on demand.