Bramsdon & Childs Services Southsea Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 4438195

Bramsdon & Childs Services Southsea Limited

Filleted Unaudited Financial Statements

28 May 2025

Bramsdon & Childs Services Southsea Limited

Statement of Financial Position

28 May 2025

	28 May 25		31 May 24
Note	£	£	£

Fixed assets

Tangible assets	6		12,156	16,208

Current assets

Debtors	7	468,963	238,136
Cash at bank and in hand		3,210	8,400
		---------	---------
		472,173	246,536

Creditors: amounts falling due within one year	8	187,253		103,257
		---------		---------
Net current assets			284,920	143,279
			---------	---------
Total assets less current liabilities			297,076	159,487

Creditors: amounts falling due after more than one year	9	624	7,982
		---------	---------
Net assets		296,452	151,505
		---------	---------

Capital and reserves

Called up share capital	13	13
Profit and loss account	296,439	151,492
	---------	---------
Shareholders funds	296,452	151,505
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the period ending 28 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Bramsdon & Childs Services Southsea Limited

Statement of Financial Position (continued)

28 May 2025

These financial statements were approved by the board of directors and authorised for issue on 12 May 2026 , and are signed on behalf of the board by:

A J Rafferty Esq
Director

Company registration number: 4438195

Bramsdon & Childs Services Southsea Limited

Notes to the Financial Statements

Period from 1 June 2024 to 28 May 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is TML House, 1a The Anchorage, Gosport, Hampshire, PO12 1LY.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixture and fittings	-	25% reducing balance
Equipment	-	25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 3 (2024: 3 ).

5. Tax on profit

Major components of tax expense

	Period from
	1 Jun 24 to	Year to
	28 May 25	31 May 24
	£	£

Current tax:

UK current tax expense	74,198	44,698
Adjustments in respect of prior periods	–	1,411
	--------	--------
Total current tax	74,198	46,109
	--------	--------
	--------	--------
Tax on profit	74,198	46,109
	--------	--------

6. Tangible assets

	Fixtures and fittings	Equipment	Total
	£	£	£
Cost
At 1 June 2024 and 28 May 2025	7,302	37,341	44,643
	-------	--------	--------
Depreciation
At 1 June 2024	4,630	23,805	28,435
Charge for the period	658	3,394	4,052
	-------	--------	--------
At 28 May 2025	5,288	27,199	32,487
	-------	--------	--------
Carrying amount
At 28 May 2025	2,014	10,142	12,156
	-------	--------	--------
At 31 May 2024	2,672	13,536	16,208
	-------	--------	--------

7. Debtors

	28 May 25	31 May 24
	£	£
Trade debtors	424,306	213,167
Other debtors	44,657	24,969
	---------	---------
	468,963	238,136
	---------	---------

8. Creditors: amounts falling due within one year

	28 May 25	31 May 24
	£	£
Bank loans and overdrafts	7,358	7,178
Trade creditors	35,650	15,860
Corporation tax	120,597	65,472
Social security and other taxes	20,922	9,688
Other creditors	2,726	5,059
	---------	---------
	187,253	103,257
	---------	---------

9. Creditors: amounts falling due after more than one year

	28 May 25	31 May 24
	£	£
Bank loans and overdrafts	624	7,982
	----	-------

10. Director's advances, credits and guarantees

During the period the director entered into the following advances and credits with the company:

	28 May 25
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
A J Rafferty Esq	2,250	13,108	15,358
R Rixon Esq	( 3,525)	–	( 3,525)
	-------	--------	--------
	( 1,275)	13,108	11,833
	-------	--------	--------

	31 May 24
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
A J Rafferty Esq	2,645	( 395)	2,250
R Rixon Esq	( 3,525)	–	( 3,525)
	-------	----	-------
	( 880)	( 395)	( 1,275)
	-------	----	-------