Brodie Smith Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 15801439

Brodie Smith Ltd

Filleted Unaudited Financial Statements

31 December 2025

Brodie Smith Ltd

Financial Statements

Year ended 31 December 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Brodie Smith Ltd

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		2,083		–

Current assets

Stocks		1,297,074	641,338
Debtors	6	18,476	1,075
Cash at bank and in hand		–	5,053
		------------	---------
		1,315,550	647,466

Creditors: amounts falling due within one year	7	1,323,310		405,602
		------------		---------
Net current (liabilities)/assets			( 7,760)		241,864
			-------		---------
Total assets less current liabilities			( 5,677)		241,864

Creditors: amounts falling due after more than one year	8	–	244,153
		-------	---------
Net liabilities		( 5,677)	( 2,289)
		-------	---------

Capital and reserves

Called up share capital	9	100	100
Profit and loss account		( 5,777)	( 2,389)
		-------	-------
Shareholders deficit		( 5,677)	( 2,289)
		-------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 December 2025 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Brodie Smith Ltd

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 2 July 2026 , and are signed on behalf of the board by:

Mr W Brodie

Director

Company registration number: 15801439

Brodie Smith Ltd

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 146 New London Road, Chelmsford, England, CM2 0AW, Essex.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis which is dependent upon the continued support of the directors. The directors have indicated their willingness to support the company in the foreseeable future by ensuring sufficient funds are available for the company to continue trading. Therefore the directors consider the going concern basis is appropriate.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Work in progress

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. Profit is recognised when there is a reliable estimate for the profit to be calculated.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Employee numbers

During the year the average number of employees was 2 (2024: 2) which consisted of directors only.

5. Tangible assets

	Equipment
	£
Cost
At 1 January 2025	–
Additions	2,083
	-------
At 31 December 2025	2,083
	-------
Depreciation
At 1 January 2025 and 31 December 2025	–
	-------
Carrying amount
At 31 December 2025	2,083
	-------
At 31 December 2024	–
	-------

6. Debtors

	2025	2024
	£	£
Other debtors	18,476	1,075
	--------	-------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	814,200	–
Trade creditors	52,442	180
Amounts owed to related undertakings	4,997	4,997
Accruals and deferred income	2,500	1,500
Social security and other taxes	12,527	–
Director loan accounts	415,996	398,925
Other creditors	20,648	–
	------------	---------
	1,323,310	405,602
	------------	---------

The bank loans are secured on the assets of the company, which includes the work in progress.

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	–	244,153
	----	---------

9. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

10. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2025	2024	2025	2024
	£	£	£	£
Other related parties	–	–	( 4,997)	( 4,997)
Directors loan accounts	–	–	( 415,996)	( 398,925)
	----	----	---------	---------