REGISTERED NUMBER: 05862324 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

Higham Brothers Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P A Higham

K J Higham

SECRETARY:

P A Higham

REGISTERED OFFICE:

15 Orchard Close

Willington

Derby

Derbyshire

DE65 6DJ

REGISTERED NUMBER:

05862324 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Tangible assets

4

24,523

6,452

CURRENT ASSETS

Stocks

465

460

Debtors

5

9,212

8,952

Cash at bank and in hand

34,575

32,771

44,252

42,183

CREDITORS

Amounts falling due within one year

6

16,096

19,399

NET CURRENT ASSETS

28,156

22,784

TOTAL ASSETS LESS CURRENT LIABILITIES

52,679

29,236

CREDITORS

Amounts falling due after more than one year

7

13,790

-

NET ASSETS

38,889

29,236

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

38,789

29,136

SHAREHOLDERS' FUNDS

38,889

29,236

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 April 2026 and were signed on its behalf by:

P A Higham - Director

1.	STATUTORY INFORMATION

Higham Brothers 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.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax including, where applicable, relevant costs and overheads plus attributable profit to date recoverable on contracts. Turnover is recognised when the company has transferred the significant risks and rewards of ownership to the buyer and it is probable that the agreed upon payment will be received.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Motor

Computer

Equipment

vehicles

equipment

Totals

£

£

£

£

COST

At 1 September 2024

7,712

38,624

210

46,546

Additions

224

26,107

-

26,331

Disposals

-

(13,404

)

-

(13,404

)

At 31 August 2025

7,936

51,327

210

59,473

DEPRECIATION

At 1 September 2024

6,084

33,802

208

40,094

Charge for year

278

7,649

-

7,927

Eliminated on disposal

-

(13,071

)

-

(13,071

)

At 31 August 2025

6,362

28,380

208

34,950

NET BOOK VALUE

At 31 August 2025

1,574

22,947

2

24,523

At 31 August 2024

1,628

4,822

2

6,452

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

252

-

Amounts recoverable on contracts

8,618

8,333

Other debtors

276

555

Prepayments

66

64

9,212

8,952

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

3,653

-

Trade creditors

2,239

5,997

Tax

5,771

9,146

Social security and other taxes

1,857

2,336

Directors' current accounts

626

25

Accrued expenses

1,950

1,895

16,096

19,399

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

13,790

-

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

17,443

-

The debt is secured on the asset to which it relates.