Brokerage Solutions Limited - Filleted accounts

Registered number

15924470

Brokerage Solutions Limited

Filleted Accounts

31 August 2025

Brokerage Solutions Limited
Registered number:		15924470
Balance Sheet
as at 31 August 2025

Notes			2025
£
Fixed assets
Tangible assets	3		430,124

Current assets
Stocks		137,048
Debtors	4	82,402
Cash at bank and in hand		160,627
		380,077

Creditors: amounts falling due within one year	5	(1,048,494)

Net current liabilities			(668,417)

Net liabilities			(238,293)

Capital and reserves
Called up share capital			1,000
Profit and loss account			(239,293)

Shareholders' funds			(238,293)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




M J Spinks
Director
Approved by the board on 28 May 2026

Brokerage Solutions Limited
Notes to the Accounts
for the period from 29 August 2024 to 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Going Concern
	At the balance sheet date, the company reported a net loss of £239,293 and net current liabilities of £668,417. The financial statements have been prepared on a going concern basis, the validity of which depends on the continued financial support of its parent company, MJS-EFG Investments Limited. The parent company has confirmed its intention to support the company for a period of at least 12 months from the date of approval of these financial statements to enable it to meet its liabilities as they fall due. On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 10 years
	Fixtures, fittings, tools and equipment	over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees			2025
Number

	Average number of persons employed by the company			1


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	Additions	14,160		467,427		481,587
	At 31 August 2025	14,160		467,427		481,587

	Depreciation
	Charge for the period	4,721		46,742		51,463
	At 31 August 2025	4,721		46,742		51,463

	Net book value
	At 31 August 2025	9,439		420,685		430,124


4	Debtors			2025
£

	Trade debtors			73,321
	Other debtors			9,081
				82,402


5	Creditors: amounts falling due within one year			2025
£

	Trade creditors			41
	Amounts owed to group undertakings and undertakings in which the company has a participating interest			1,046,954
	Other creditors			1,499
				1,048,494


6	Controlling party

	The Company's parent company and ultimate controlling party is MJS-EFG Investments Limited, Company Registration Number 14459726, a company registered in England and Wales.


7	Other information

	Brokerage Solutions Limited is a private company limited by shares and incorporated in England. Its registered office is:
	48 Park Avenue
	Bush Hill Park
	Enfield
	EN1 2HW