Registration number: 04897552

Paul Braybrooke Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

Paul Braybrooke Limited

Company Information

Directors

Mr Paul Braybrooke Mrs Sally Braybrooke

Registered office

Red Shoes Accounting Services Unit 7 E-Space North 181 Wisbech Road Littleport Cambridgeshire England and Wales CB6 1RA

Accountants

Mrs Victoria Anne Cooper Red Shoes Accounting Services Unit 7 E-Space North 181 Wisbech Road Littleport Cambridgeshire CB6 1RA

Paul Braybrooke Limited

(Registration number: 04897552)
Balance Sheet as at 30 April 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	10,954	14,490
Current assets
Debtors	5	457,884	476,660
Creditors: Amounts falling due within one year	6	(394,075)	(525,274)
Net current assets/(liabilities)		63,809	(48,614)
Total assets less current liabilities		74,763	(34,124)
Creditors: Amounts falling due after more than one year	6	(6,938)	(20,439)
Provisions for liabilities		(2,734)	(3,621)
Net assets/(liabilities)		65,091	(58,184)
Capital and reserves
Called up share capital	7	2	2
Retained earnings		65,089	(58,186)
Shareholders' funds/(deficit)		65,091	(58,184)

For the financial period ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 29 July 2026 and signed on its behalf by:
 

Mr Paul Braybrooke Director

Paul Braybrooke Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 30 April 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Red Shoes Accounting Services
Unit 7 E-Space North
181 Wisbech Road
Littleport
Cambridgeshire
CB6 1RA
England and Wales

These financial statements were authorised for issue by the Board on 29 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Disclosure of long or short period

During the current period, the company changed its accounting reference date from 31 March to 30 April, resulting in a longer accounting period. As a consequence, the amounts presented in the statement of income and retained earnings are not directly comparable with those of the preceding 12 month period. The change was made in order to align the company's year-end with its VAT reporting periods and operational cycle.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

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.

Paul Braybrooke Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 30 April 2025

Tax

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.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported 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 using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Paul Braybrooke Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 30 April 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

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.

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.

Paul Braybrooke Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 30 April 2025

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 4 (2024 - 5).

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 April 2024	3,575	57,601	236	61,412
Additions	-	-	141	141
At 30 April 2025	3,575	57,601	377	61,553
Depreciation
At 1 April 2024	3,345	43,380	197	46,922
Charge for the period	75	3,556	46	3,677
At 30 April 2025	3,420	46,936	243	50,599
Carrying amount
At 30 April 2025	155	10,665	134	10,954
At 31 March 2024	230	14,221	39	14,490

5

Debtors

Current	2025 £	2024 £
Trade debtors	79,622	60,000
Other debtors	378,262	416,660
	457,884	476,660

Paul Braybrooke Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 30 April 2025

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings		48,933	45,084
Trade creditors		188,178	398,277
Taxation and social security		153,864	78,913
Accruals and deferred income		3,100	3,000
		394,075	525,274

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings		6,938	20,439

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	2	2	2	2

Paul Braybrooke Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 30 April 2025

8	Related party transactions

Transactions with directors

2025	At 1 April 2024 £	Repayments by director £	At 30 April 2025 £
Mr Paul Braybrooke
	285,111	(317)	284,794
	-	-	-
	285,111	(317)	284,794

2024	At 1 April 2023 £	Advances to director £	Repayments by director £	At 31 March 2024 £
Mr Paul Braybrooke
	189,211	115,454	(19,554)	285,111
	-	-	-	-
	189,211	115,454	(19,554)	285,111