Company registration number 02254376 (England and Wales)
BROWNS COURT MANAGEMENT COMPANY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
BROWNS COURT MANAGEMENT COMPANY LIMITED
COMPANY INFORMATION
Directors
Ms J Martin
Mrs D Buzza
Secretary
Ms J Martin
Company number
02254376
Registered office
The Round House
4 Browns Court
Kennford
Exeter
Devon
England
EX6 7XY
Accountants
Streets Bush Limited
Melrose House
Pynes Hill
Rydon Lane
Exeter
Devon
EX2 5AZ
BROWNS COURT MANAGEMENT COMPANY LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
BROWNS COURT MANAGEMENT COMPANY LIMITED
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
17
22
Current assets
Cash at bank and in hand
10,366
23,568
Creditors: amounts falling due within one year
4
(1,320)
(1,341)
Net current assets
9,046
22,227
Net assets
9,063
22,249
Capital and reserves
Called up share capital
10
10
Retained earnings
9,053
22,239
Total equity
9,063
22,249

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

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

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.

T he members have 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

BROWNS COURT MANAGEMENT COMPANY LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2026
31 March 2026
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 14 July 2026 and are signed on its behalf by:
Ms J Martin
Director
Company Registration No. 02254376
BROWNS COURT MANAGEMENT COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 3 -
1
Accounting policies
Company information

Browns Court Management Company Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Round House, 4 Browns Court, Kennford, Exeter, Devon, England, EX6 7XY.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover represents contributions from members.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

BROWNS COURT MANAGEMENT COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 4 -
1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the income statement, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
2
2
BROWNS COURT MANAGEMENT COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 5 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2025 and 31 March 2026
5,524
Depreciation and impairment
At 1 April 2025
5,502
Depreciation charged in the year
5
At 31 March 2026
5,507
Carrying amount
At 31 March 2026
17
At 31 March 2025
22
4
Creditors: amounts falling due within one year
2026
2025
£
£
Taxation and social security
67
186
Other creditors
1,253
1,155
1,320
1,341
2026-03-31 2025-04-01 false false false 14 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mrs D Buzza Mrs D Buzza Ms J Martin 02254376 2025-04-01 2026-03-31 02254376 bus:CompanySecretaryDirector1 2025-04-01 2026-03-31 02254376 bus:Director1 2025-04-01 2026-03-31 02254376 bus:CompanySecretary1 2025-04-01 2026-03-31 02254376 bus:Director2 2025-04-01 2026-03-31 02254376 bus:RegisteredOffice 2025-04-01 2026-03-31 02254376 2026-03-31 02254376 2025-03-31 02254376 core:OtherPropertyPlantEquipment 2026-03-31 02254376 core:OtherPropertyPlantEquipment 2025-03-31 02254376 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 02254376 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 02254376 core:CurrentFinancialInstruments 2026-03-31 02254376 core:CurrentFinancialInstruments 2025-03-31 02254376 core:ShareCapital 2026-03-31 02254376 core:ShareCapital 2025-03-31 02254376 core:RetainedEarningsAccumulatedLosses 2026-03-31 02254376 core:RetainedEarningsAccumulatedLosses 2025-03-31 02254376 core:FurnitureFittings 2025-04-01 2026-03-31 02254376 2024-04-01 2025-03-31 02254376 core:OtherPropertyPlantEquipment 2025-03-31 02254376 core:OtherPropertyPlantEquipment 2025-04-01 2026-03-31 02254376 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 02254376 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 02254376 bus:FRS102 2025-04-01 2026-03-31 02254376 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 02254376 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP