Brice Robinson Limited - Filleted accounts


BRICE ROBINSON LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 NOVEMBER 2025



































Company Registration Number: 10066400

BRICE ROBINSON LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025


CONTENTS									PAGES



Company information									1

Balance sheet									2 to 3

Notes to the financial statements									4 to 9

BRICE ROBINSON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2025


DIRECTORS

Mr D Robinson
Mrs C Robinson


SECRETARY

The company does not have an appointed secretary


REGISTERED OFFICE

C9 Glyme Court
Oxford Office Village
Langford Lane
Kidlington
Oxford
OX5 1LQ


COMPANY REGISTRATION NUMBER

10066400 England and Wales

BRICE ROBINSON LIMITED

BALANCE SHEET
AS AT 30 NOVEMBER 2025


	Notes	2025		2024
		£		£

FIXED ASSETS
Tangible assets	5		782		1,042
Investments	6		1,542,695		1,542,695


			1,543,477		1,543,737

CURRENT ASSETS
Debtors	7	4,133		1,524
Cash at bank and in hand		55,567		43,812


		59,700		45,336

CREDITORS: Amounts falling due within one year	8	334,249		356,710
CREDITORS: Amounts falling due within one year


NET CURRENT LIABILITIES			(274,549)		(311,374)


TOTAL ASSETS LESS CURRENT LIABILITIES			1,268,928		1,232,363

CREDITORS: Amounts falling due after more than one year	9		367,783		396,616
CREDITORS: Amounts falling due after more than one year

Provisions for liabilities and charges			172		230


NET ASSETS			900,973		835,517


CAPITAL AND RESERVES
Called up share capital			100		100
Distributable profit and loss account			900,873		835,417


SHAREHOLDERS' FUNDS			900,973		835,517

BRICE ROBINSON LIMITED

BALANCE SHEET
AS AT 30 NOVEMBER 2025


These accounts have been prepared and delivered in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - small entities.

For the financial year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

Members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

As permitted by S444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company’s Profit and Loss Account or Directors Report.


Signed on behalf of the board of directors




Mr D Robinson
Director

Date approved by the board: 25 March 2026

BRICE ROBINSON LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025


1	GENERAL INFORMATION

	Brice Robinson Limited is a private company limited by shares and incorporated in England and Wales. Its registered office and principal place of business are:

	Registered office	Principal place of business
	C9 Glyme Court	Park House
	Oxford Office Village	E25 Telford Road
	Langford Lane	Bicester
	Kidlington	Oxfordshire
	Oxford	OX26 4LD
	OX5 1LQ

	The financial statements are presented in Sterling, which is the functional currency of the company.

2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

	Basis of preparation of financial statements

	These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the Companies Act 2006.

	Going concern

	The accounts have been drawn up on the going concern basis. The company owes the directors £272,941, which could be required for repayment without notice. The company is therefore dependent upon the continued support of the directors. The directors do not consider their own support likely to be withdrawn.

	If the going concern basis was not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amounts, to provide for additional liabilities that might arise and to reclassify fixed assets as current assets.


	Revenue recognition

	Turnover is measured at the fair value of consideration received or receivable. It is recognised in respect of rent received as soon as there is a right to consideration. Turnover is stated net of trade discounts and value added tax.

	The company recognises revenue when the amount of revenue can be measured reliably and when it is probable that future economic benefits will flow to the entity.

BRICE ROBINSON LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Tangible fixed assets

	Fixed assets are carried at cost less accumulated depreciation and accumulated impairment losses.

	Depreciation has been provided at the following rate so as to write off the cost or valuation of assets less residual value of the assets over their estimated useful lives.

	Computer equipment					Reducing balance basis at 25% per annum

	On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in the profit and loss account, and included within administrative expenses.

	Investment properties

	Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs.

	Subsequently, investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in the profit and loss account in the period in which they arise.

	Financial Instruments

	A financial asset or financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

	The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

	Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through the profit and loss account.

	Basic financial assets and financial liabilities are initially recognised at transaction price and measured at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction. They are subsequently carried at their amortised cost using the effective interest rate method, less any provision for impairment. If the effect of the time value of money is immaterial, they are measured at cost less impairment.

	Basic financial assets and liabilities which are measured at cost or amortised cost are reviewed for objective impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the profit and loss account immediately.

	Any reversals of impairment are recognised in the profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset or liability which exceeds what the carrying amount would have been had the impairment loss not previously been recognised.

BRICE ROBINSON LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Financial Instruments (continued…)

	Financing transactions are measured at the present value of the future receipts discounted at a market rate of interest. They are subsequently measured at amortised costs using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

	Impairment of non-financial assets

	At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets (which is the higher of value in use and the fair value less cost to sell) is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in the profit and loss account.

	If an impairment loss is subsequently reversed, the carrying amount of the asset, or group of related assets, is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset, or group of related assets, in prior periods. A reversal of an impairment loss is recognised immediately in the profit and loss account.


	Debtors

	Short term debtors are measured at transaction price, less any impairment.

	Creditors

	Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and subsequently at amortised cost.

	Leases

	Payments received under operating leases are recognised as income over the lease term on a straight-line basis.

	Taxation

	Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.

	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods based on current tax rates and laws. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

BRICE ROBINSON LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025


	Taxation (continued…)

	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 taxable profits.

	Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

	Current and deferred tax assets and liabilities are not discounted.

3	CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS

	No significant accounting estimates and judgements have had to be made by the directors in preparing these financial statements.

4	EMPLOYEES

	The average number of persons employed by the company (including directors) during the year was:

		2025	2024
	Average number of employees	2	2


5	TANGIBLE ASSETS
			Computer equipment
			£
	Cost
	At 1 December 2024		1,762


	At 30 November 2025		1,762


	Accumulated depreciation and impairments
	At 1 December 2024		720

	Charge for year		260


	At 30 November 2025		980


	Net book value
	At 1 December 2024		1,042


	At 30 November 2025		782

BRICE ROBINSON LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025


6	FIXED ASSET INVESTMENTS
			Investment property
			£
	Cost
	At 1 December 2024		1,542,695


	At 30 November 2025		1,542,695


	Net book value
	At 1 December 2024		1,542,695


	At 30 November 2025		1,542,695


	The company has agreed a charge over the company's assets, specifically investment property with a carrying value of £1,542,695, as security for the bank loans.

7	DEBTORS
		2025	2024
		£	£
	Prepayments and accrued income	2,268	-
	Other debtors	1,865	1,524


		4,133	1,524


8	CREDITORS: Amounts falling due within one year
		2025	2024
		£	£
	Bank loans and overdrafts	31,260	29,822
	Taxation and social security	27,014	25,717
	Accruals and deferred income	1,402	1,402
	Other creditors	274,573	299,769


		334,249	356,710


9	CREDITORS: Amounts falling due after more than one year
		2025	2024
		£	£
	Bank loans and overdrafts	367,783	396,616


	Included in the amounts falling due after more than one year are the following amounts which are due in more
	than five years:
		2025	2024
		£	£
	Bank loans and overdrafts	267,329	300,569

BRICE ROBINSON LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025


10	SECURED DEBTS

	The company has a bank loan with Lloyds which is secured on the investment property. This loan is due to be repaid over 20 years. The loan has a fixed interest rate of 3.736% for the first 10 years.

11	RELATED PARTY TRANSACTIONS

	The company has claimed exemptions from reporting disclosure of related party transactions with the following wholly owned group members:

	Brice Robinson Holdings Ltd	Immediate parent

	During the year, the following transactions with related parties took place:

	Mr & Mrs D Robinson
	Directors		2025	2024
			£	£
	Mr & Mrs D Robinson	The directors have made advances to the company which are repayable on demand. No interest has been charged on these advances. At the year end, the company owed the directors the following amount.	272,941	298,137


	Park Display Limited
	Other associated company		2025	2024
			£	£
	Intercompany loan account	Amounts owed to other associated company	1,632	1,632