FRS102 1A Filleted


Company registration number:						04320458
Brywel Associates Limited

Balance sheet
as at 30 November 2025

		2025		2024
	Note	£	£	£	£
Fixed assets
Intangible assets	4	42,192		42,192
Tangible assets	5	26,875		4,813
			69,067		47,005
Current assets
Debtors		56,189		100,333
Cash at bank and in hand		526		2,830
			56,715		103,163
Creditors: amounts falling due within one year			(103,286)		(103,389)
Net current liabilities			(46,571)		(226)
Total assets less current liabilities			22,496		46,779
Creditors: Amounts falling due after more than one year			-		(10,000)
NET ASSETS			22,496		36,779

Capital and reserves
Called up share capital			123		123
Profit and loss account			22,373		36,656
TOTAL EQUITY			22,496		36,779


The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 November 2025.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

1


	Company registration number:		04320458
	Brywel Associates Limited

	Balance sheet - continued
	as at 30 November 2025

	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 Profit and loss account has not been delivered to the Registrar.

	These financial statements were approved by the Board of directors and authorised for issue on 28 August 2026 and signed on its behalf by:

	Mr A Bryant, Director
	28 August 2026

	2


Brywel Associates Limited

Notes to the financial statements
for the year ended 30 November 2025


1	Company information

	Brywel Associates Limited is a private company registered in England and Wales. Its registered number is 04320458. The company is limited by shares. Its registered office is Suite 5, Chiltern Court, 37 St Peters Avenue, Reading, RG4 7DH.

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 historic cost convention.

	Going concern
	In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.

	The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.

	Intangible assets
	Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

	Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.

	Goodwill	-

	Tangible fixed assets
	Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

	Plant and machinery etc.:
	Plant and machinery	-	33.33% straight line
	Fixtures & fittings	-	25% straight line

3


Brywel Associates Limited

Notes to the financial statements - continued
for the year ended 30 November 2025

2	Accounting policies - continued

	Taxation
	Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

	Current 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.

	Retirement benefits
	The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.

3	Average number of employees

	During the year the average number of employees was 3 (2024 - 3).

4	Intangible assets

		Goodwill
		£
	Cost
	At 1 December 2024	42,192
	At 30 November 2025	42,192

	Amortisation
	At 30 November 2025	-

	Net book value
	At 30 November 2025	42,192

	At 30 November 2024	42,192


4


	Company registration number:	04320458

	Annual report and unaudited financial statements
	for the year ended 30 November 2025
	for
	Brywel Associates Limited


	Pages for filing with the Registrar