P J Brockbank Ltd 04436832 false 2025-06-01 2026-03-31 2026-03-31 The principal activity of the company is boiler services and repairs. The company stopped trading as at 31.3.26 and is in the process of being closed. Digita Accounts Production Advanced 6.30.9574.0 true 04436832 2025-06-01 2026-03-31 04436832 2026-03-31 04436832 bus:OrdinaryShareClass1 2026-03-31 04436832 core:CurrentFinancialInstruments 2026-03-31 04436832 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 04436832 bus:SmallEntities 2025-06-01 2026-03-31 04436832 bus:AuditExemptWithAccountantsReport 2025-06-01 2026-03-31 04436832 bus:FilletedAccounts 2025-06-01 2026-03-31 04436832 bus:SmallCompaniesRegimeForAccounts 2025-06-01 2026-03-31 04436832 bus:RegisteredOffice 2025-06-01 2026-03-31 04436832 bus:CompanySecretaryDirector1 2025-06-01 2026-03-31 04436832 bus:Director2 2025-06-01 2026-03-31 04436832 bus:OrdinaryShareClass1 2025-06-01 2026-03-31 04436832 bus:PrivateLimitedCompanyLtd 2025-06-01 2026-03-31 04436832 bus:Agent1 2025-06-01 2026-03-31 04436832 core:Goodwill 2025-06-01 2026-03-31 04436832 core:MotorVehicles 2025-06-01 2026-03-31 04436832 core:OfficeEquipment 2025-06-01 2026-03-31 04436832 core:PlantMachinery 2025-06-01 2026-03-31 04436832 countries:AllCountries 2025-06-01 2026-03-31 04436832 2024-06-01 2025-05-31 04436832 2025-05-31 04436832 bus:OrdinaryShareClass1 2025-05-31 04436832 core:CurrentFinancialInstruments 2025-05-31 04436832 core:CurrentFinancialInstruments core:WithinOneYear 2025-05-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 04436832

P J Brockbank Ltd
Unaudited Filleted Financial Statements
for the Period from 1 June 2025 to 31 March 2026

P J Brockbank Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 5

P J Brockbank Ltd

Company Information

Directors | Mrs H A Brockbank Mr P J Brockbank

Company secretary | Mrs H A Brockbank

Registered office | 2 Canal Walk Newbury Berkshire RG14 1DY

Accountants | EJBC Chartered Accountants 2 Toomers Wharf Canal Walk Newbury Berkshire RG14 1DY

P J Brockbank Ltd

(Registration number: 04436832)
Balance Sheet as at 31 March 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets |  | - | 11,625
Current assets |  |  |
Stocks |  | - | 3,250
Debtors |  | - | 4,509
Cash at bank and in hand |  | 30,981 | 42,456
|  | 30,981 | 50,215
Creditors: Amounts falling due within one year |  | (23,470) | (13,045)
Net current assets |  | 7,511 | 37,170
Total assets less current liabilities |  | 7,511 | 48,795
Provisions for liabilities |  | - | (937)
Net assets |  | 7,511 | 47,858
Capital and reserves |  |  |
Called up share capital | 3 | 100 | 100
Retained earnings |  | 7,411 | 47,758
Shareholders' funds |  | 7,511 | 47,858

For the financial period ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 3 June 2026 and signed on its behalf by:

......................................... Mr P J Brockbank Director

P J Brockbank Ltd

Notes to the Unaudited Financial Statements for the Period from 1 June 2025 to 31 March 2026

1 | Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

P J Brockbank Ltd

Notes to the Unaudited Financial Statements for the Period from 1 June 2025 to 31 March 2026

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant & machinery | 25% reducing balance
Motor vehicles | 25% reducing balance
Office equipment | 25% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | Straight line over 10 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

P J Brockbank Ltd

Notes to the Unaudited Financial Statements for the Period from 1 June 2025 to 31 March 2026

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

2 | Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2 (2025 - 2).

3 | Share capital

Allotted, called up and fully paid shares

| 2026 | 2025
| No. | £ | No. | £
Ordinary shares of £1 each | 100 | 100 | 100 | 100