Company registration number 03702250 (England and Wales)
BROTHWELL IRVINE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2026
PAGES FOR FILING WITH REGISTRAR
BROTHWELL IRVINE LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 8
BROTHWELL IRVINE LIMITED
BALANCE SHEET
AS AT
31 MAY 2026
31 May 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
4
219,063
272,980
Current assets
Stocks
42,423
8,550
Debtors
5
2,542,374
2,209,161
Cash at bank and in hand
2,574,773
3,175,880
5,159,570
5,393,591
Creditors: amounts falling due within one year
6
(3,449,618)
(2,929,865)
Net current assets
1,709,952
2,463,726
Total assets less current liabilities
1,929,015
2,736,706
Creditors: amounts falling due after more than one year
7
-
0
(4,108)
Provisions for liabilities
(45,128)
(58,330)
Net assets
1,883,887
2,674,268
Capital and reserves
Called up share capital
1,050
1,050
Share premium account
99,650
99,650
Capital redemption reserve
350
350
Profit and loss reserves
1,782,837
2,573,218
Total equity
1,883,887
2,674,268
BROTHWELL IRVINE LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MAY 2026
31 May 2026
- 2 -

For the financial year ended 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 20 August 2026 and are signed on its behalf by:
Mr DM Bailey
Director
Company registration number 03702250 (England and Wales)
BROTHWELL IRVINE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2026
- 3 -
1
Accounting policies
Company information

Brothwell Irvine Limited is a private company limited by shares incorporated in England and Wales. The registered office is , Moorgate House, King Street, Newton Abbot, Devon, TQ12 2LG.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Revenue

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

1.3
Intangible fixed assets - goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life.

For the purposes of impairment testing, goodwill is allocated to the cash-generating units expected to benefit from the acquisition. Cash-generating units to which goodwill has been allocated are tested for impairment at least annually, or more frequently when there is an indication that the unit may be impaired. If the recoverable amount of the cash-generating unit is less than the carrying amount of the unit, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in the unit.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold land and buildings
Over the term of the lease
Plant and equipment
25% reducing balance
Fixtures and fittings
33.33% reducing balance
Motor vehicles
25% reducing balance
BROTHWELL IRVINE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2026
1
Accounting policies
(Continued)
- 4 -

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

BROTHWELL IRVINE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2026
1
Accounting policies
(Continued)
- 5 -

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.9
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.10
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.11
Leases
As lessee

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

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
25
27
BROTHWELL IRVINE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2026
- 6 -
3
Intangible fixed assets
Goodwill
£
Cost
At 1 June 2025 and 31 May 2026
90,900
Amortisation and impairment
At 1 June 2025 and 31 May 2026
90,900
Carrying amount
At 31 May 2026
-
0
At 31 May 2025
-
0
4
Tangible fixed assets
Leasehold land and buildings
Plant and equipment
Fixtures and fittings
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 June 2025
33,191
56,741
50,858
565,408
706,198
Additions
-
0
-
0
1,322
26,226
27,548
Disposals
-
0
-
0
-
0
(74,977)
(74,977)
At 31 May 2026
33,191
56,741
52,180
516,657
658,769
Depreciation and impairment
At 1 June 2025
33,191
51,536
49,639
298,852
433,218
Depreciation charged in the year
-
0
1,301
750
68,278
70,329
Eliminated in respect of disposals
-
0
-
0
-
0
(63,841)
(63,841)
At 31 May 2026
33,191
52,837
50,389
303,289
439,706
Carrying amount
At 31 May 2026
-
3,904
1,791
213,368
219,063
At 31 May 2025
-
0
5,205
1,219
266,556
272,980
5
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
2,234,864
1,562,238
Amounts owed by group undertakings
-
0
350,000
Other debtors
307,510
296,923
2,542,374
2,209,161
BROTHWELL IRVINE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2026
- 7 -
6
Creditors: amounts falling due within one year
2026
2025
£
£
Obligations under finance leases
4,108
6,683
Trade creditors
1,409,449
1,679,126
Amounts owed to group undertakings
608,131
-
0
Corporation tax
353,499
569,224
Other taxation and social security
68,872
49,603
Other creditors
910,500
278,040
Accruals and deferred income
95,059
347,189
3,449,618
2,929,865
7
Creditors: amounts falling due after more than one year
2026
2025
Notes
£
£
Obligations under finance leases
-
0
4,108

Loans and borrowings falling due within and after more than one year on which security has been given by the company, includes the following liabilities:

Finance lease liabilities - £10,791 (20 24 - £17,019)

The finance lease liabilities are secured by a fixed charge over the assets financed.

8
Related party transactions
2026
2025
Amounts due to related parties
£
£
Entities with control, joint control or significant influence over the company
608,131
-

There is no interest charged on the balance above and no fixed date for repayment.

The following amounts were outstanding at the reporting end date:

2026
2025
Amounts due from related parties
£
£
Entities with control, joint control or significant influence over the company
-
350,000

There is no interest charged on the balance above and no fixed date for repayment.

9
Directors' transactions
BROTHWELL IRVINE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2026
9
Directors' transactions
(Continued)
- 8 -
Advances
% Rate
Opening balance
Amounts advanced
Interest charged
Amounts repaid
Closing balance
£
£
£
£
£
Directors' Loan accounts
3.75
146,933
422,703
5,374
(422,700)
152,310
146,933
422,703
5,374
(422,700)
152,310
10
Parent company

The registered office of the parent company is:

Moorgate House, King Street, Newton Abbot, TQ12 2LG.

The company's immediate parent is Brothwell Irvine (Holdings) Limited, incorporated in England and Wales.

2026-05-31 2025-06-01 false false false 20 August 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr D M Bailey Mr J M Irvine Mr J Lawrence 03702250 2025-06-01 2026-05-31 03702250 2026-05-31 03702250 2025-05-31 03702250 core:PlantMachinery 2026-05-31 03702250 core:FurnitureFittings 2026-05-31 03702250 core:MotorVehicles 2026-05-31 03702250 core:LandBuildings 2025-05-31 03702250 core:PlantMachinery 2025-05-31 03702250 core:FurnitureFittings 2025-05-31 03702250 core:MotorVehicles 2025-05-31 03702250 core:CurrentFinancialInstruments core:WithinOneYear 2026-05-31 03702250 core:CurrentFinancialInstruments core:WithinOneYear 2025-05-31 03702250 core:Non-currentFinancialInstruments core:AfterOneYear 2026-05-31 03702250 core:Non-currentFinancialInstruments core:AfterOneYear 2025-05-31 03702250 core:ShareCapital 2026-05-31 03702250 core:ShareCapital 2025-05-31 03702250 core:SharePremium 2026-05-31 03702250 core:SharePremium 2025-05-31 03702250 core:CapitalRedemptionReserve 2026-05-31 03702250 core:CapitalRedemptionReserve 2025-05-31 03702250 core:RetainedEarningsAccumulatedLosses 2026-05-31 03702250 core:RetainedEarningsAccumulatedLosses 2025-05-31 03702250 bus:Director1 2025-06-01 2026-05-31 03702250 core:Goodwill 2025-06-01 2026-05-31 03702250 core:LandBuildings core:LongLeaseholdAssets 2025-06-01 2026-05-31 03702250 core:PlantMachinery 2025-06-01 2026-05-31 03702250 core:FurnitureFittings 2025-06-01 2026-05-31 03702250 core:MotorVehicles 2025-06-01 2026-05-31 03702250 2024-06-01 2025-05-31 03702250 core:NetGoodwill 2025-05-31 03702250 core:NetGoodwill 2026-05-31 03702250 core:NetGoodwill 2025-05-31 03702250 core:LandBuildings core:LeasedAssetsHeldAsLessee 2025-05-31 03702250 core:PlantMachinery 2025-05-31 03702250 core:FurnitureFittings 2025-05-31 03702250 core:MotorVehicles 2025-05-31 03702250 2025-05-31 03702250 core:LandBuildings core:LeasedAssetsHeldAsLessee 2026-05-31 03702250 core:LandBuildings core:LeasedAssetsHeldAsLessee 2025-06-01 2026-05-31 03702250 core:CurrentFinancialInstruments 2026-05-31 03702250 core:CurrentFinancialInstruments 2025-05-31 03702250 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2026-05-31 03702250 bus:PrivateLimitedCompanyLtd 2025-06-01 2026-05-31 03702250 bus:SmallCompaniesRegimeForAccounts 2025-06-01 2026-05-31 03702250 bus:FRS102 2025-06-01 2026-05-31 03702250 bus:AuditExemptWithAccountantsReport 2025-06-01 2026-05-31 03702250 bus:Director2 2025-06-01 2026-05-31 03702250 bus:Director3 2025-06-01 2026-05-31 03702250 bus:FullAccounts 2025-06-01 2026-05-31 xbrli:pure xbrli:shares iso4217:GBP