Silverfin false false 31/01/2026 01/02/2025 31/01/2026 Joseph S Meanen 03/03/1994 Karen H Meanen 21/10/2002 16 April 2026 The principal activity of the Company during the financial year was that of investment property rental and speaking engagements. SC148068 2026-01-31 SC148068 bus:Director1 2026-01-31 SC148068 bus:Director2 2026-01-31 SC148068 2025-01-31 SC148068 core:CurrentFinancialInstruments 2026-01-31 SC148068 core:CurrentFinancialInstruments 2025-01-31 SC148068 core:Non-currentFinancialInstruments 2026-01-31 SC148068 core:Non-currentFinancialInstruments 2025-01-31 SC148068 core:ShareCapital 2026-01-31 SC148068 core:ShareCapital 2025-01-31 SC148068 core:RevaluationReserve 2026-01-31 SC148068 core:RevaluationReserve 2025-01-31 SC148068 core:RetainedEarningsAccumulatedLosses 2026-01-31 SC148068 core:RetainedEarningsAccumulatedLosses 2025-01-31 SC148068 core:PlantMachinery 2025-01-31 SC148068 core:PlantMachinery 2026-01-31 SC148068 core:CurrentFinancialInstruments core:Secured 2026-01-31 SC148068 bus:OrdinaryShareClass1 2026-01-31 SC148068 2025-02-01 2026-01-31 SC148068 bus:FilletedAccounts 2025-02-01 2026-01-31 SC148068 bus:SmallEntities 2025-02-01 2026-01-31 SC148068 bus:AuditExemptWithAccountantsReport 2025-02-01 2026-01-31 SC148068 bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 SC148068 bus:Director1 2025-02-01 2026-01-31 SC148068 bus:Director2 2025-02-01 2026-01-31 SC148068 core:PlantMachinery core:BottomRangeValue 2025-02-01 2026-01-31 SC148068 core:PlantMachinery core:TopRangeValue 2025-02-01 2026-01-31 SC148068 2024-02-01 2025-01-31 SC148068 core:PlantMachinery 2025-02-01 2026-01-31 SC148068 bus:OrdinaryShareClass1 2025-02-01 2026-01-31 SC148068 bus:OrdinaryShareClass1 2024-02-01 2025-01-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC148068 (Scotland)

# BRIMCARE LIMITED

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 JANUARY 2026
PAGES FOR FILING WITH THE REGISTRAR

BRIMCARE LIMITED

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JANUARY 2026

Contents

BRIMCARE LIMITED

## BALANCE SHEET

AS AT 31 JANUARY 2026
BRIMCARE LIMITED

## BALANCE SHEET (continued)

AS AT 31 JANUARY 2026

| Note | 2026 |  | 2025
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 1,548 |  | 1,856
Investment property | 4 | 820,000 |  | 820,000
|  | 821,548 |  | 821,856
Current assets |  |  |  |
Debtors | 5 | 20,239 |  | 14,363
Cash at bank and in hand |  | 4,032 |  | 14,895
|  | 24,271 |  | 29,258
Creditors: amounts falling due within one year | 6 | ( 54,460) |  | ( 60,352)
Net current liabilities |  | (30,189) |  | (31,094)
Total assets less current liabilities |  | 791,359 |  | 790,762
Creditors: amounts falling due after more than one year | 7 | ( 41,016) |  | ( 67,499)
Provision for liabilities | 8 | 0 |  | ( 93)
Net assets |  | 750,343 |  | 723,170
Capital and reserves |  |  |  |
Called-up share capital | 9 | 150,000 |  | 150,000
Revaluation reserve |  | 45,022 |  | 45,022
Profit and loss account |  | 555,321 |  | 528,148
Total shareholders' funds |  | 750,343 |  | 723,170

For the financial year ending 31 January 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Brimcare Limited (registered number: SC148068) were approved and authorised for issue by the Board of Directors on 16 April 2026. They were signed on its behalf by:

Joseph S Meanen Director |

BRIMCARE LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JANUARY 2026
BRIMCARE LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JANUARY 2026

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Brimcare Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is 9 Woodcot Gardens, Stonehaven, AB39 2ZH, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include investment properties at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Turnover

Turnover represents income received from property rental, speaking engagements and corporate events. Turnover from property rental is recognised at the fair value of the consideration and is recognised when the Company has obtained the right to consideration. Turnover from public speaking engagements and corporate events is recognised on an accruals basis dependent on when the service is provided.

##### Finance costs

Finance costs are charged to the Profit and Loss Account over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

##### Taxation

Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.
Deferred tax
Deferred tax is provided in full on timing differences which result in an obligation at the balance sheet date to pay more tax, or right to pay less tax, at a future date, at rates expected to apply when they crystallise based on current tax rates and law. Timing differences arise from inclusion of items of income and expenditure in taxation computations in periods different from those in which they are included in the financial statements.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery | 3 - 10 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Leases

The Company as lessee
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Non-financial assets
At each balance sheet date, the Company reviews its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

##### Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
The fair value is determined annually by the directors, on an open market value for existing use basis.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, with original maturities of three months or less.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price including transaction costs.

Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of t he future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less.

Equity instruments
Equity instruments issued by the Company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

##### Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

#### 2. Employees

| 2026 |  | 2025
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 0 |  | 0

#### 3. Tangible assets

| Plant and machinery |  | Total
| £ |  | £
Cost |  |  |
At 01 February 2025 | 28,909 |  | 28,909
At 31 January 2026 | 28,909 |  | 28,909
Accumulated depreciation |  |  |
At 01 February 2025 | 27,053 |  | 27,053
Charge for the financial year | 308 |  | 308
At 31 January 2026 | 27,361 |  | 27,361
Net book value |  |  |
At 31 January 2026 | 1,548 |  | 1,548
At 31 January 2025 | 1,856 |  | 1,856

#### 4. Investment property

| Investment property
| £
Valuation |
As at 01 February 2025 | 820,000
As at 31 January 2026 | 820,000

The fair value of the investment property has been arrived at on the basis of a valuation carried out by the director, J S Meanen. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

#### 5. Debtors

| 2026 |  | 2025
| £ |  | £
Trade debtors | 8,639 |  | 0
Deferred tax asset | 7,306 |  | 9,277
Other debtors | 4,294 |  | 5,086
| 20,239 |  | 14,363

#### 6. Creditors: amounts falling due within one year

| 2026 |  | 2025
| £ |  | £
Bank loans (secured) | 25,184 |  | 23,801
Taxation and social security | 7,666 |  | 14,925
Other creditors | 21,610 |  | 21,626
| 54,460 |  | 60,352

The above bank loans of £25,184 (2025 - £23,801) are secured by a standard charge.

#### 7. Creditors: amounts falling due after more than one year

| 2026 |  | 2025
| £ |  | £
Bank loans (secured) | 41,016 |  | 67,499

#### 8. Provision for liabilities

| 2026 |  | 2025
| £ |  | £
Deferred tax | 0 |  | 93

#### 9. Called-up share capital

| 2026 |  | 2025
| £ |  | £
Allotted, called-up and fully-paid |  |  |
150,000 Ordinary shares of £ 1.00 each | 150,000 |  | 150,000

#### 10. Financial commitments

Other financial commitments

| 2026 |  | 2025
| £ |  | £
Total future minimum lease payments under non-cancellable operating lease | 11,472 |  | 19,119

#### 11. Related party transactions

Transactions with the entity's directors

| 2026 |  | 2025
| £ |  | £
Amounts Owed to Directors | 13,788 |  | 13,788

The above loan is interest free and has no fixed terms of repayment in place.