BrightAccountsProduction v1.0.0 v1.0.0 2024-11-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is that of an investment holding company. 30 July 2026 2 2 00587624 2025-10-31 00587624 2024-10-31 00587624 2023-10-31 00587624 2024-11-01 2025-10-31 00587624 2023-11-01 2024-10-31 00587624 uk-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 00587624 uk-curr:PoundSterling 2024-11-01 2025-10-31 00587624 uk-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 00587624 uk-bus:FullAccounts 2024-11-01 2025-10-31 00587624 uk-bus:Director1 2024-11-01 2025-10-31 00587624 uk-bus:Director2 2024-11-01 2025-10-31 00587624 uk-bus:RegisteredOffice 2024-11-01 2025-10-31 00587624 uk-bus:Agent1 2024-11-01 2025-10-31 00587624 uk-core:ShareCapital 2025-10-31 00587624 uk-core:ShareCapital 2024-10-31 00587624 uk-core:RevaluationReserve 2025-10-31 00587624 uk-core:RevaluationReserve 2024-10-31 00587624 uk-core:RetainedEarningsAccumulatedLosses 2025-10-31 00587624 uk-core:RetainedEarningsAccumulatedLosses 2024-10-31 00587624 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-10-31 00587624 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-10-31 00587624 uk-bus:FRS102 2024-11-01 2025-10-31 00587624 uk-core:CurrentFinancialInstruments 2025-10-31 00587624 uk-core:CurrentFinancialInstruments 2024-10-31 00587624 uk-core:WithinOneYear 2025-10-31 00587624 uk-core:WithinOneYear 2024-10-31 00587624 2024-11-01 2025-10-31 00587624 uk-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
 
 
 
 
 
 
Francis Browning Limited
 
Unaudited Financial Statements
 
for the financial year ended 31 October 2025



Francis Browning Limited
Directors and Other Information

 
Directors Ms A L Browning
Mr T W G Browning
 
 
Company Registration Number 00587624
 
 
Registered Office 3 Hillyard Barns
High Street
Sutton Courtenay
Oxfordshire
OX14 4BJ
United Kingdom
 
 
Accountants Four Fifty Partnership
Chartered Accountants
34 Boulevard
Somerset
BS23 1NF
United Kingdom



Francis Browning Limited
Company Registration Number: 00587624
Balance Sheet
as at 31 October 2025

2025 2024
Notes £ £
 
Fixed Assets
Tangible assets 5 405,000 405,000
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Current Assets
Debtors 6 93,525 130,842
Cash at bank and in hand 11,895 21,345
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105,420 152,187
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Creditors: amounts falling due within one year 7 (13,352) (60,967)
───────── ─────────
Net Current Assets 92,068 91,220
───────── ─────────
Total Assets less Current Liabilities 497,068 496,220
═════════ ═════════
 
Capital and Reserves
Called up share capital 2,000 2,000
Revaluation reserve 290,028 290,028
Retained earnings 205,040 204,192
───────── ─────────
Shareholders' Funds 497,068 496,220
═════════ ═════════
 
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).
           
The company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Directors' Report.
           
For the financial year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Board and authorised for issue on 29 July 2026 and signed on its behalf by
           
           
           
Ms A L Browning     Mr T W G Browning
Director     Director
           



Francis Browning Limited
Notes to the Financial Statements
for the financial year ended 31 October 2025

   
1. General Information
 

Francis Browning Limited is a company limited by shares incorporated and registered in the England and Wales.

The registered number of the company is 00587624.

The registered office of the company is 3 Hillyard Barns, High Street, Sutton Courtenay, Oxfordshire, OX14 4BJ, United Kingdom.

The financial statements have been presented in Pound (£) which is also the functional currency of the company.

         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 October 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the fair value of goods supplied by the company, exclusive of trade discounts and value added tax. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.
 
Investment properties
Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business. Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date, by professional external valuers. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Profit and Loss Account as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Profit and Loss Account.
 
Trade and other debtors
Trade debtors are amounts due from customers for services performed in the ordinary course of business. Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Cash at bank and in hand
Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the Balance Sheet bank overdrafts are shown within Creditors.
 
Trade and other creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation and deferred taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income. Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.

 
Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
 
Ordinary share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
       
3. Employees
 
The average monthly number of employees, including directors, during the financial year was:
 
  2025 2024
  Number Number
 
Directors 2 2
  ═════════ ═════════
       
4. Dividends 2025 2024
  £ £
Dividends on equity shares:
 
Ordinary - Interim paid 12 December 2024 11,000 45,000
  ═════════ ═════════
       
5. Tangible assets
  Investment Total
  properties  
     
  £ £
Cost
At 1 November 2024 405,000 405,000
  ───────── ─────────
 
At 31 October 2025 405,000 405,000
  ───────── ─────────
Depreciation
At 1 November 2024 - -
  ───────── ─────────
At 31 October 2025 - -
  ───────── ─────────
Net book value
At 31 October 2025 405,000 405,000
  ═════════ ═════════
At 31 October 2024 405,000 405,000
  ═════════ ═════════
       
6. Debtors 2025 2024
  £ £
 
Trade debtors - 39,900
Other debtors 23,158 22,520
Directors' current accounts  (Note 8) 68,618 66,728
Prepayments and accrued income 1,749 1,694
  ───────── ─────────
  93,525 130,842
  ═════════ ═════════
       
7. Creditors 2025 2024
Amounts falling due within one year £ £
 
Taxation 3,412 19,923
Accruals 9,940 41,044
  ───────── ─────────
  13,352 60,967
  ═════════ ═════════
   
8. Directors' advances, credits and guarantees
 
As at the balance sheet date the company had made loans to the directors totaling £68,618 (2024 - £66,728). Interest at the HMRC official rate is charged on the balance outstanding and the loans are repayable on demand.