Company registration number 13665847 (England and Wales)
BRAINCH LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
PAGES FOR FILING WITH REGISTRAR
BRAINCH LIMITED
BALANCE SHEET
AS AT
31 OCTOBER 2025
31 October 2025
- 1 -
2025
2024
£
£
£
£
Fixed assets
162,047
213,183
Current assets
383,318
225,706
Prepayments and accrued income
9,460
25,692
Creditors: amounts falling due within one year
(94,129)
(80,419)
Net current assets
298,649
170,979
Total assets less current liabilities
460,696
384,162
Creditors: amounts falling due after more than one year
(72,217)
Net assets
460,696
311,945
Capital and reserves
460,696
311,945
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
During the year the company advanced a total of £54,444 to the director and £49,592 was repaid. Interest of £174 was charged at the official HMRC rate. At the year end, the director owed the company £3,494 (2024 - £1,533 credit balance) which is included within current assets.
2
Financial commitments, guarantees and contingencies
Operating lease commitment
At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases is of £27,991.
3
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2025
2024
Number
Number
Employees
1
1
4
Share Exchange Agreement
Pursuant to a Share Exchange Agreement on 14 May 2025, Brainch Limited had issued share capital of 100 ordinary shares of £1.00 each, all of which were owned by Mr P S Brainch and were exchanged for shares in 13 Wealth Management Ltd.
Brainch Limited is a private company limited by shares incorporated in England and Wales. The registered office is Prebend House, 72 London Road, Leicester, LE2 0QR.
For the year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
BRAINCH LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 OCTOBER 2025
31 October 2025
- 2 -
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 16 June 2026 and are signed on its behalf by:
Mr P S Brainch
Director
Company registration number 13665847 (England and Wales)