Brackfield Limited iXBRL

Company Registration Number: 04250401

Brackfield Limited

Unaudited Financial Statements

for the financial year ended 31 March 2026

Brackfield Limited

Company Registration Number: 04250401

STATEMENT OF FINANCIAL POSITION

as at 31 March 2026

		2026	2025
	Notes	£	£

Non-Current Assets

Property, plant and equipment

3,535

6,367

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Current Assets

Debtors

282,554

259,609

Cash and cash equivalents

447,582

260,143

─────────

730,136

519,752

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Creditors: amounts falling due within one year

(451,736)

(379,644)

─────────

Net Current Assets

278,400

140,108

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Total Assets less Current Liabilities

281,935

146,475

Provisions for liabilities

(885)

(1,593)

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Net Assets

281,050

144,882

═════════

Capital and Reserves

Called up share capital

100

100

Retained earnings

280,950

144,782

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Equity attributable to owners of the company

281,050

144,882

═════════

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 Income Statement and Director's Report.

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

The director confirms 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 director acknowledges his 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 Director and authorised for issue on 16 June 2026



________________________________
Mr S J Maxwell
Director

Brackfield Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 March 2026

General Information

Brackfield Limited is a company limited by shares incorporated and registered in the England and Wales. The registered number of the company is 04250401. The registered office of the company is 5 West Court, Enterprise Road, Maidstone, Kent, ME15 6JD. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

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 March 2026 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 historical cost basis. The financial statements are prepared in Sterling, which is the functional currency of the entity, and to the nearest ?1.

Turnover

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Property, plant and equipment and depreciation

Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:

Office equipment

25% Straight line

Improvements to Property

20% Straight line

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Provisions

Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.

Employee benefits

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.

Taxation and deferred taxation

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 Statement of Financial Position 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. 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 Statement of Financial Position date.

Employees

The average monthly number of employees, including director, during the financial year was 6, (2025 - 4).


4.	Property, plant and equipment
		Office	Improvements	Total
		equipment	to Property

		£	£	£
	Cost
	At 1 April 2025	19,697	12,891	32,588
		─────────	─────────	─────────

	At 31 March 2026	19,697	12,891	32,588
		─────────	─────────	─────────
	Depreciation
	At 1 April 2025	13,330	12,891	26,221
	Charge for the financial year	2,832	-	2,832
		─────────	─────────	─────────
	At 31 March 2026	16,162	12,891	29,053
		─────────	─────────	─────────
	Net book value
	At 31 March 2026	3,535	-	3,535
		═════════	═════════	═════════
	At 31 March 2025	6,367	-	6,367
		═════════	═════════	═════════


5.	Debtors	2026	2025
		£	£

	Trade debtors	258,361	235,508
	Amounts owed by related parties	17,500	17,500
	Prepayments and accrued income	6,693	6,601
		─────────	─────────
		282,554	259,609
		═════════	═════════


6.	Creditors	2026	2025
	Amounts falling due within one year	£	£

	Trade creditors	158,262	141,001
	Taxation	204,535	169,845
	Other creditors	729	817
	Accruals	88,210	67,981
		─────────	─────────
		451,736	379,644
		═════════	═════════

Provisions for liabilities

The amounts provided for deferred taxation are analysed below:

Capital

Total

Total

allowances

2026

2025

At financial year start

1,593

1,593

3,637

Charged to profit and loss

(708)

(708)

(2,044)

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At financial year end

885

1,593

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Capital commitments

The company had no material capital commitments at the financial year-ended 31 March 2026.

Events After the End of the Reporting Period

There have been no significant events affecting the company since the financial year-end.