Company Registration No. 12589990 (England and Wales)
Brass Bee Limited
Unaudited accounts
for the year ended 31 May 2025
Brass Bee Limited
Statement of financial position
as at 31 May 2025
Intangible assets
2,222
4,444
Tangible assets
99,791
63,442
Inventories
203,557
100,879
Cash at bank and in hand
89,312
55,120
Creditors: amounts falling due within one year
(162,476)
(80,693)
Net current assets
199,878
136,620
Total assets less current liabilities
301,891
204,506
Creditors: amounts falling due after more than one year
(95,692)
(57,790)
Provisions for liabilities
Deferred tax
(23,701)
(14,674)
Net assets
182,498
132,042
Called up share capital
102
102
Profit and loss account
182,396
131,940
Shareholders' funds
182,498
132,042
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2026 and were signed on its behalf by
James David Reid
Director
Company Registration No. 12589990
Brass Bee Limited
Notes to the Accounts
for the year ended 31 May 2025
Brass Bee Limited is a private company, limited by shares, registered in England and Wales, registration number 12589990. The registered office is Unit 5a, Hadston Industrial Estate, Hadston, Morpeth, Northumberland, NE65 9YG, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% on reducing balance
Fixtures & fittings
15% on reducing balance
Computer equipment
33% on straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Trademarks are amortised evenly over their estimated useful life of 5 years.
4
Intangible fixed assets
Other
Brass Bee Limited
Notes to the Accounts
for the year ended 31 May 2025
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2024
73,499
2,811
6,274
82,584
Additions
65,930
1,906
1,206
69,042
Disposals
-
-
(5,666)
(5,666)
At 31 May 2025
139,429
4,717
1,814
145,960
At 1 June 2024
12,250
1,022
5,870
19,142
Charge for the year
31,794
509
390
32,693
On disposals
-
-
(5,666)
(5,666)
At 31 May 2025
44,044
1,531
594
46,169
At 31 May 2025
95,385
3,186
1,220
99,791
At 31 May 2024
61,249
1,789
404
63,442
Amounts falling due within one year
Trade debtors
20,840
44,053
Accrued income and prepayments
11,338
197
Other debtors
37,307
17,064
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
35,541
13,605
Obligations under finance leases and hire purchase contracts
14,571
6,425
Trade creditors
12,687
10,038
Taxes and social security
56,015
25,711
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
95,692
57,790
Brass Bee Limited
Notes to the Accounts
for the year ended 31 May 2025
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's loan account
8,532
18,654
8,532
18,654
Director's loan account
8,532
18,653
8,532
18,653
17,064
37,307
17,064
37,307
Loans to directors are unsecured and repayable on demand. Interest is charged at HMRC rates for beneficial loans.
10
Average number of employees
During the year the average number of employees was 4 (2024: 3).