REGISTERED NUMBER: 02950018 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

BROWN MCLEOD LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M E B Giles FCA

S E Fearn FCCA

G Sak ACA

K M Revell FCA

SECRETARY:

L Suarez

REGISTERED OFFICE:

The Old Workshop

1 Ecclesall Road South

Sheffield

S11 9PA

REGISTERED NUMBER:

02950018 (England and Wales)

ACCOUNTANTS:

Brown McLeod Ltd

Chartered Accountants

The Old Workshop

1 Ecclesall Road South

Sheffield

S11 9PA

FIXED ASSETS

Tangible assets

4

549,458

566,414

Investments

5

5

5

549,463

566,419

CURRENT ASSETS

Stocks

82,250

95,750

Debtors

6

836,045

650,435

Cash at bank and in hand

202,957

276,165

1,121,252

1,022,350

CREDITORS

Amounts falling due within one year

7

562,000

470,632

NET CURRENT ASSETS

559,252

551,718

TOTAL ASSETS LESS CURRENT LIABILITIES

1,108,715

1,118,137

CREDITORS

Amounts falling due after more than one year

8

1,093,201

1,103,203

NET ASSETS

15,514

14,934

CAPITAL AND RESERVES

Called up share capital

2,010

2,010

Retained earnings

13,504

12,924

SHAREHOLDERS' FUNDS

15,514

14,934

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 December 2025 and were signed on its behalf by:

M E B Giles FCA - Director

1.	STATUTORY INFORMATION

Brown McLeod 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 sales of services, 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.

Short leasehold - over 15 years

Plant & integral features - over 15 years

Fixtures and fittings - over 15 years

Computer equipment - 33% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 54 (2024 - 62 ) .

4.	TANGIBLE FIXED ASSETS

Plant &

Fixtures

Short

integral

and

Computer

leasehold

features

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 November 2024

305,573

280,299

360,655

221,746

1,168,273

Additions

-

-

11,354

31,450

42,804

At 31 October 2025

305,573

280,299

372,009

253,196

1,211,077

DEPRECIATION

At 1 November 2024

98,448

90,272

213,735

199,404

601,859

Charge for year

21,096

19,344

14,040

5,280

59,760

At 31 October 2025

119,544

109,616

227,775

204,684

661,619

NET BOOK VALUE

At 31 October 2025

186,029

170,683

144,234

48,512

549,458

At 31 October 2024

207,125

190,027

146,920

22,342

566,414

5.	FIXED ASSET INVESTMENTS

Other

investmen

£

COST

At 1 November 2024

and 31 October 2025

5

NET BOOK VALUE

At 31 October 2025

5

At 31 October 2024

5

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

788,512

571,754

Other debtors

47,533

78,681

836,045

650,435

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

52,915

49,000

Trade creditors

94,082

56,455

Taxation and social security

377,592

354,353

Other creditors

37,411

10,824

562,000

470,632

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans

-

63,935

Taxation and social security

58,073

59,776

Other creditors

1,035,128

979,492

1,093,201

1,103,203

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.10.25

31.10.24

£

£

Bank loans

52,915

112,935