REGISTERED NUMBER: 10145318 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

BROOKES SUPPLY CHAIN SOLUTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M G Woodward

Mrs N Woodward

REGISTERED OFFICE:

The Old Surgery

43 Derbe Road

lytham St Annes

Lancashire

FY8 1NJ

REGISTERED NUMBER:

10145318 (England and Wales)

ACCOUNTANTS:

Keenan Chartered Accountants

The Old Surgery

43 Derbe Road

Lytham St Annes

Lancashire

FY8 1NJ

CURRENT ASSETS

Debtors

4

8,095

25,868

Cash at bank

3,665

1,215

11,760

27,083

CREDITORS

Amounts falling due within one year

5

495,518

299,113

NET CURRENT LIABILITIES

(483,758

)

(272,030

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(483,758

)

(272,030

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(483,858

)

(272,130

)

(483,758

)

(272,030

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 December 2025 and were signed on its behalf by:

M G Woodward - Director

1.	STATUTORY INFORMATION

Brookes Supply Chain Solutions 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.

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents the net value of software sales and of services provided, excluding value added tax.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Financial instruments

Trade and other debtors that are receivable within one year and do not constitute a financing transaction are recorded at the undiscounted amount expected to be received, net of impairment. Those that are receivable after more than one year or constitute a financing transaction are recorded initially at fair value less transaction costs and subsequently at amortized cost, net of impairment.

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts.

Trade and other creditors are initially recognised at the transaction price and are therefore stated at amortized cost using the effective interest method unless the discounting would be immaterial, in which case they are stated at cost.

Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Going concern

At the Balance Sheet date, the company had net liabilities of £483,758. However, included within creditors are amounts due to group companies totalling £485,249. The group companies have confirmed in writing that they will continue to provide financial support by not withdrawing the loans in the foreseeable future. Therefore, the directors consider that with the continued support of other group companies, the bank facilities are manageable and appropriately secured and as a result he has adopted the going concern basis of accounting.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

8,095

25,868

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

7,925

6,759

Amounts owed to group undertakings

485,249

282,896

Taxation and social security

-

1,584

Other creditors

2,344

7,874

495,518

299,113

6.	CONTINGENT LIABILITIES

A group VAT registration was in existence during the year which included Brookes Supply Chain Solutions Limited and various other group companies. At the year end, the amount due to HM Revenue and Customs in relation to the other group companies totalled £28,017 (2024-£201,679).

7.	ULTIMATE CONTROLLING PARTY

The parent company of Brookes Supply Chain Solutions Limited is Victor Brookes Limited, whose registered office address is The Old Surgery, 43 Derbe Road, Lytham St Annes, Lancashire FY8 1NJ.