REGISTERED NUMBER: 00521938 (England and Wales)

BROWN & SONS (BRAMLEY) LIMITED

FINANCIAL STATEMENTS

FOR THE PERIOD

1ST DECEMBER 2024 TO 31ST DECEMBER 2025

Page

Balance Sheet

1

Notes to the Financial Statements

2

to

5

FIXED ASSETS

Tangible assets

4

388,395

406,277

CURRENT ASSETS

Stocks

1,687

1,687

Debtors

5

862,480

374,419

Cash at bank and in hand

3,531

8,212

867,698

384,318

CREDITORS

Amounts falling due within one year

6

179,747

161,004

NET CURRENT ASSETS

687,951

223,314

TOTAL ASSETS LESS CURRENT LIABILITIES

1,076,346

629,591

PROVISIONS FOR LIABILITIES

87,781

87,781

NET ASSETS

988,565

541,810

CAPITAL AND RESERVES

Called up share capital

7

50,000

50,000

Capital redemption reserve

185

185

Retained earnings

938,380

491,625

SHAREHOLDERS' FUNDS

988,565

541,810

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 23rd April 2026 and were signed on its behalf by:

M N Jessop - Director

1.	STATUTORY INFORMATION

Brown & Sons (Bramley) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

00521938

Registered office:

Empire Mills

Bramley

Leeds

West Yorkshire

LS13 3HG

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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Going concern basis of accounting

Reflecting the ongoing financial support of the parent undertaking, Alfred Brown (Worsted Mills) Limited, the directors are satisfied that the company has sufficient cash flows to continue to meet its liabilities as they fall due for at least one year from the date of approval of the financial statements, thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

Turnover

Turnover represents the value of services provided during the year, excluding value added tax.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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

Plant and machinery

- 20% on cost and 10% on cost

Looms

- 6.67% on cost

Fixtures and fittings

- 20% on cost

Stock

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Taxation

Taxation for the period 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 period 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments

The company only enters into transactions in ‘basic’ financial instruments which result in the recognition of assets and liabilities; these include trade and other debtors and creditors, bank balances, loans from banks and other third parties, and loans to related parties. These are recognised in the company’s balance sheet when it becomes party to the contractual provisions of the instrument.

Basic financial assets (other than those classified as payable within one year) are initially measured at cost and are subsequently carried at cost or amortised cost using the effective interest method, less any impairment losses. Basic financial assets classed as receivable within one year are not amortised.

Basic financial liabilities (other than those classified as payable within one year) are initially measured at present value of future cash flows and subsequently at amortised cost using the effective interest method. Basic financial liabilities classed as payable within one year are not amortised.

Financial assets and liabilities are offset, with the net amount reported in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Provisions

Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 43 (2024 - 43 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st December 2024

2,625,929

Additions

66,022

At 31st December 2025

2,691,951

DEPRECIATION

At 1st December 2024

2,219,652

Charge for period

83,904

At 31st December 2025

2,303,556

NET BOOK VALUE

At 31st December 2025

388,395

At 30th November 2024

406,277

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

836,517

355,921

Other debtors

25,963

18,498

862,480

374,419

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

15,429

23,973

Taxation and social security

126,301

85,340

Other creditors

38,017

51,691

179,747

161,004

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

50,000

Ordinary

£1

50,000

50,000

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Jordan Mitchell ACA (Senior Statutory Auditor)

for and on behalf of Thomas Coombs Limited

9.	RELATED PARTY DISCLOSURES

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.

10.	CONTROLLING PARTY

The immediate parent undertaking is Alfred Brown (Worsted Mills) Limited, a company registered in England and Wales. The ultimate parent undertaking is Fraxa Holding S.A.S, a company registered in France, which prepares group financial statements. The registered office address for Fraxa Holding S.A.S is Air Paris Sud, 3 Av Jeanne Garnerin, 91320 Wissous, France.