REGISTERED NUMBER: 03842674 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Fullbrook Ventures Limited

T/A

Bernard Sims Associates

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J A Sims

B K Sims

Ms S L Blayney

D Ghaffoori

D G Kearsley

SECRETARY:

Mrs J A Sims

REGISTERED OFFICE:

32 High Street

Guildford

Surrey

GU1 3EL

REGISTERED NUMBER:

03842674 (England and Wales)

ACCOUNTANTS:

Butt Miller

Chartered Accountants

1 Minster Court

Tuscam Way

Camberley

Surrey

GU15 3YY

FIXED ASSETS

Tangible assets

4

63,406

26,639

CURRENT ASSETS

Stocks

5

142,500

127,487

Debtors

6

607,465

698,284

Cash at bank and in hand

1,673,182

1,160,433

2,423,147

1,986,204

CREDITORS

Amounts falling due within one year

7

(1,014,694

)

(910,809

)

NET CURRENT ASSETS

1,408,453

1,075,395

TOTAL ASSETS LESS CURRENT LIABILITIES

1,471,859

1,102,034

CREDITORS

Amounts falling due after more than one year

8

(25,000

)

(85,000

)

PROVISIONS FOR LIABILITIES

(15,605

)

(6,660

)

NET ASSETS

1,431,254

1,010,374

CAPITAL AND RESERVES

Called up share capital

200

200

Capital redemption reserve

12

12

Retained earnings

1,431,042

1,010,162

1,431,254

1,010,374

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 April 2026 and were signed on its behalf by:

Mrs J A Sims - Director

1.	STATUTORY INFORMATION

Fullbrook Ventures 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Short leasehold - 25% on cost

Fixtures and fittings - 25% on cost

Work in progress

Work in progress is recognised in respect of costs incurred which are yet to be utilised in the performance of revenue-earning contracts.

Work in progress is valued at the lower of cost and net realisable value.

Taxation

Taxation for the year 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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 year end 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

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

Operating leases

Rentals paid under operating leases are charged to the Income Statement on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 50 (2024 - 35 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

leasehold

fittings

Totals

£

£

£

COST

At 1 January 2025

32,823

132,258

165,081

Additions

-

51,799

51,799

Disposals

(32,823

)

(89,131

)

(121,954

)

At 31 December 2025

-

94,926

94,926

DEPRECIATION

At 1 January 2025

32,823

105,619

138,442

Charge for year

-

15,032

15,032

Eliminated on disposal

(32,823

)

(89,131

)

(121,954

)

At 31 December 2025

-

31,520

31,520

NET BOOK VALUE

At 31 December 2025

-

63,406

63,406

At 31 December 2024

-

26,639

26,639

5.

STOCKS

2025

2024

£

£

Work-in-progress

142,500

127,487

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

548,000

618,608

Prepayments and accrued income

59,465

79,676

607,465

698,284

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

60,000

60,000

Trade creditors

74,013

148,064

Tax

248,882

200,780

Social security and other taxes

68,312

67,742

VAT

203,788

175,568

Other creditors

14,251

21,688

Deferred income

17,000

30,200

Accrued expenses

328,448

206,767

1,014,694

910,809

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

25,000

60,000

Bank loans - 2-5 years

-

25,000

25,000

85,000

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

91,140

99,445

Between one and five years

138,017

232,362

229,157

331,807

10.	SECURED DEBTS

The bank has a fixed and floating charge over all the undertakings of the company.