This report is made solely to the Board of Directors of Brimsmore (Management) Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Brimsmore (Management) Limited and state those matters that we have agreed to state to the Board of Directors of Brimsmore (Management) Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Brimsmore (Management) Limited and its Board of Directors as a body for our work or for this report.

We have not been instructed to carry out an audit or a review of the accounts of Brimsmore (Management) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

This is a residential flat management company. The company collects service charges from leaseholders under the terms of their purchase/lease agreement. These are accounted for on the accruals basis, i.e. amounts recoverable, and shown as Turnover. Over/under accruals and write offs from previous periods are dealt with in the following income and expenditure accounts. Expenses (shown as charges) represent common costs of the leaseholders. The balance sheet total represents net assets held by the company on the leaseholders’ behalf to be used for future common expenses or, to the extent that they are not, to be repaid to the leaseholders.

Future Roof Repairs
The property which the company manages and owns the freehold of, Brendon House, requires roof repairs in the coming months. These repairs are expected to cost in the region of £79,000 and a provision for this amount is included in these accounts. The company is obtaining a roof repair fund from the leaseholders to cover these costs.

Going Concern
These accounts show a negative balance sheet of £1,914 mainly due to continuing roof repair costs. This has reduced from the previous year's balance sheet deficit of £4,043. The repairs to the roof of the property are expected to commence in the coming months. More funds may be required from leaseholders to cover these and other ongoing costs. This is being kept under review.

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.