REGISTERED NUMBER: 00221903 (England and Wales)

Financial Statements

for the Year Ended 31st March 2026

for

Brockholes Arms Auction Mart,Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Singleton

RT Eccles

JS Thompson

P J Mason

T Garlick

D Hargreaves

R Fryars

DR Thistlethwaite

WH Myerscough

M R Gorst

SECRETARY:

RT Eccles

REGISTERED OFFICE:

Garstang Road

Claughton-on-Brock

Garstang

Preston

Lancashire

PR3 0PH

REGISTERED NUMBER:

00221903 (England and Wales)

ACCOUNTANTS:

Towers + Gornall Ltd

Chartered Certified Accountants

River View

96 High Street

Garstang

Preston

Lancashire

PR3 1WZ

BANKERS:

National Westminster Bank PLC

Market Place

Garstang

Preston

Lancashire

PR3 1XD

SOLICITORS:

Harrison Drury

Cherestanc Square

Rope Walk

Garstang

Preston

PR3 1EF

FIXED ASSETS

Tangible assets

4

378,561

414,784

CURRENT ASSETS

Debtors

5

654,598

482,952

Cash at bank and in hand

86,356

79,316

740,954

562,268

CREDITORS

Amounts falling due within one year

6

269,313

209,793

NET CURRENT ASSETS

471,641

352,475

TOTAL ASSETS LESS CURRENT LIABILITIES

850,202

767,259

CREDITORS

Amounts falling due after more than one year

7

-

(8,878

)

PROVISIONS FOR LIABILITIES

(29,867

)

(34,225

)

NET ASSETS

820,335

724,156

CAPITAL AND RESERVES

Called up share capital

2,640

2,640

Share premium

9

8,960

8,960

Capital redemption reserve

9

1,400

1,400

Retained earnings

9

807,335

711,156

SHAREHOLDERS' FUNDS

820,335

724,156

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9th June 2026 and were signed on its behalf by:

WH Myerscough - Director

DR Thistlethwaite - Director

1.	STATUTORY INFORMATION

Brockholes Arms Auction Mart,Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced commission on sale of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold land

-

not provided

Rental units

-

in accordance with the property

Plant and machinery

-

15% on reducing balance

Buildings, pens, hurdles and car park

-

15% on reducing balance

Weighbridges

-

25% on reducing balance

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2025 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Rental

Plant and

land

units

machinery

£

£

£

COST

At 1st April 2025

69,703

186,252

225,463

Additions

-

-

9,874

Disposals

-

-

(47,627

)

At 31st March 2026

69,703

186,252

187,710

DEPRECIATION

At 1st April 2025

-

34,967

128,509

Charge for year

-

9,314

16,492

Eliminated on disposal

-

-

(41,874

)

At 31st March 2026

-

44,281

103,127

NET BOOK VALUE

At 31st March 2026

69,703

141,971

84,583

At 31st March 2025

69,703

151,285

96,954

Buildings,

pens,

hurdles

and car

park

Weighbridges

Totals

£

£

£

COST

At 1st April 2025

761,337

24,361

1,267,116

Additions

-

-

9,874

Disposals

-

-

(47,627

)

At 31st March 2026

761,337

24,361

1,229,363

DEPRECIATION

At 1st April 2025

664,629

24,227

852,332

Charge for year

14,504

34

40,344

Eliminated on disposal

-

-

(41,874

)

At 31st March 2026

679,133

24,261

850,802

NET BOOK VALUE

At 31st March 2026

82,204

100

378,561

At 31st March 2025

96,708

134

414,784

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

647,991

477,762

Prepayments and accrued income

6,607

5,190

654,598

482,952

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

153,532

107,684

Trade creditors

33,120

39,590

Corporation tax

39,088

22,304

VAT

30,286

23,369

Accruals and deferred income

13,287

16,846

269,313

209,793

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loan

-

8,878

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank overdrafts

143,595

84,531

Bank loans

9,937

23,153

Other loans

-

8,878

153,532

116,562

9.

RESERVES

Capital

Retained

Share

redemption

earnings

premium

reserve

Totals

£

£

£

£

At 1st April 2025

711,156

8,960

1,400

721,516

Profit for the year

96,179

96,179

At 31st March 2026

807,335

8,960

1,400

817,695

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the directors have sold livestock through the auction mart. All such transactions have been on normal trading terms at arms length.