Company Registration No. 10483910 (England and Wales)
BROOKS MILL LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 NOVEMBER 2024
30 November 2024
PAGES FOR FILING WITH REGISTRAR
PM+M Solutions for Business LLP
Chartered Accountants
New Century House
Greenbank Technology Park
Challenge Way
Blackburn
Lancashire
BB1 5QB
BROOKS MILL LIMITED
COMPANY INFORMATION
Directors
Mr B R Maudsley
Mr P B Maudsley
Company number
10483910
Registered office
Happilands
High Binns Farm, Height Lane
Oxenhope
Keighley
North Yorkshire
BD22 9PT
Accountants
PM+M Solutions for Business LLP
New Century House
Greenbank Technology Park
Challenge Way
Blackburn
Lancashire
BB1 5QB
BROOKS MILL LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
BROOKS MILL LIMITED
BALANCE SHEET
AS AT
30 NOVEMBER 2024
30 November 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Intangible assets
-
0
-
0
Tangible assets
3
2,005
2,675
Current assets
Debtors
4
741,049
874,302
Cash at bank and in hand
18,072
5,582
759,121
879,884
Creditors: amounts falling due within one year
5
(694,546)
(833,438)
Net current assets
64,575
46,446
Net assets
66,580
49,121
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
66,480
49,021
Total equity
66,580
49,121

For the financial year ended 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has not required the company to obtain an audit of its financial statements for the year in question 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.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 7 May 2026 and are signed on its behalf by:
Mr P B Maudsley
Director
Company registration number 10483910 (England and Wales)
BROOKS MILL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 2 -
1
Accounting policies
Company information

Brooks Mill Limited is a private company limited by shares incorporated in England and Wales. The registered office is Happilands, High Binns Farm, Height Lane, Oxenhope, Keighley, North Yorkshire, BD22 9PT.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:

Equipment
25% reducing balance

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.

1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

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 liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.5
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

BROOKS MILL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
1
Accounting policies
(Continued)
- 3 -
1.6
Government grants

Government grants are recognised at the fair value of the asset receive d or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

2
Employees

The average monthly number of persons employed by the company during the year was:

2024
2023
Number
Number
Total
3
3
3
Tangible fixed assets
Equipment
£
Cost
At 1 December 2023 and 30 November 2024
5,761
Depreciation and impairment
At 1 December 2023
3,086
Depreciation charged in the year
670
At 30 November 2024
3,756
Carrying amount
At 30 November 2024
2,005
At 30 November 2023
2,675
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
741,049
874,302
BROOKS MILL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 4 -
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
229,455
66,497
Taxation and social security
30,592
26,804
Other creditors
434,499
740,137
694,546
833,438
6
Related party transactions

At the reporting date, a loan of £422,993 (2023 - £734,988) was due to a director and a loan of £731,214 (2023 - £865,000 ) was due from a company controlled by a director.

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