REGISTERED NUMBER: 04918995 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

Paul Brereton Limited

Page

Balance Sheet

1

Chartered Accountants' Report

3

FIXED ASSETS

70,339

79,611

CURRENT ASSETS

201,627

223,607

CREDITORS

Amounts falling due within one year

(243,708

)

(268,037

)

NET CURRENT LIABILITIES

(42,081

)

(44,430

)

TOTAL ASSETS LESS CURRENT LIABILITIES

28,258

35,181

CREDITORS

Amounts falling due after more than one year

(22,546

)

(29,095

)

NET ASSETS

5,712

6,086

CAPITAL AND RESERVES

5,712

6,086

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Paul Brereton Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04918995

Registered office:

19 Trinity Square

Llandudno

Conwy

LL30 2RD

The presentation currency of the financial statements is the Pound Sterling (£).

The financial statements were rounded to the nearest pound.

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2024 - 1 ) .

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Director's Loan Waiver

During the financial year, a director of the Company executed an irrevocable Deed of Waiver in respect of £60,000 standing to the credit of their Director's Loan Account. Under the terms of the Deed, the director permanently and unconditionally waived all rights to repayment of this amount and released the Company from any present or future obligation to repay it.

The Board of Directors formally accepted the waiver by resolution. As a consequence, the liability of £60,000 has been extinguished and derecognised from the Company's balance sheet. The director has no legal or equitable right to recover the waived amount, and no future obligation exists on the part of the Company in respect of this liability.

The transaction has been accounted for in accordance with the applicable UK accounting standards and relevant taxation legislation.

4.	CHANGE IN FINANCIAL REPORTING FRAMEWORK

During the current financial year, the Company became eligible to apply the small entities regime and the micro-entities regime under the Companies Act 2006. Accordingly, the directors have elected to prepare the financial statements in accordance with Financial Reporting Standard 105 - The Financial Reporting Standard applicable to the Micro-entities Regime ("FRS 105"), having previously prepared the financial statements under FRS 102 Section 1A - Small Entities.

The comparative figures have been restated, where necessary, to reflect the presentation and disclosure requirements of FRS 105. The change in financial reporting framework has not resulted in any material change to the Company's reported financial position, financial performance or cash flows, other than changes to the presentation and disclosures required by the applicable accounting framework.

The directors consider that the adoption of FRS 105 is appropriate as the Company meets the qualifying conditions for the micro-entities regime and that the financial statements continue to present the information required by the applicable provisions of the Companies Act 2006.

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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 28 July 2026 and were signed on its behalf by:

P H Brereton - Director

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement is not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Paul Brereton Limited for the year ended 31 October 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Paul Brereton Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Paul Brereton Limited and state those matters that we have agreed to state to the Board of Directors of Paul Brereton Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Paul Brereton Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Paul Brereton Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Paul Brereton Limited. You consider that Paul Brereton Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Paul Brereton Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Bennett Brooks & Co Ltd

Chartered Accountants

19 Trinity Square

Llandudno

Conwy

LL30 2RD

28 July 2026