A.G. Brown (Builders) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 00418923

A.G. Brown (Builders) Limited

Unaudited financial statements

31 December 2025

A.G. Brown (Builders) Limited

Statement of financial position

31 December 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5	500,140	500,177
Investments	6	1,716,270	1,514,206
		-----------	-----------
		2,216,410	2,014,383

Current assets

Stocks		1,285,816	1,423,567
Debtors	7	57,752	62,381
Cash at bank and in hand		380,993	382,031
		-----------	-----------
		1,724,561	1,867,979

Prepayments and accrued income	1,983		1,660

Creditors: Amounts falling due within one year	8	( 49,684)		( 63,113)
		-----------		-----------
Net current assets			1,676,860		1,806,526
			-----------		-----------
Total assets less current liabilities			3,893,270		3,820,909

Provisions

Taxation including deferred tax		( 300,333)		( 253,486)

Accruals and deferred income	( 35,250)	( 33,750)
	-----------	-----------
Net assets	3,557,687	3,533,673
	-----------	-----------

Capital and reserves

Called up share capital	9	4,072	4,072
Revaluation reserve		349,361	349,361
Profit and loss account		3,204,254	3,180,240
		-----------	-----------
Shareholders funds		3,557,687	3,533,673
		-----------	-----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the 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.

Directors' responsibilities:

- The 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 Act with respect to accounting records and the preparation of financial statements .

A.G. Brown (Builders) Limited

Statement of financial position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 23 September 2026 , and are signed on behalf of the board by:

Mr K J Woodrow

Director

Company registration number: 00418923

A.G. Brown (Builders) Limited

Notes to the financial statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The company registration number is 00418923 . The address of the registered office and the trading address is 3 Arbor Road, Cromer, Norfolk, NR27 9DW.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	15% reducing balance
Motor vehicles	-	25% reducing balance
Computer equipment	-	33% straight line

Investment property is not depreciated as it is maintained in a good state of repair. A depreciation charge to reflect dilapidations is not considered appropriate.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

4. Employee numbers

The average number of employees during the year was 4 (2024: 4 ).

5. Tangible assets

	Investment property	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1 January 2025 and 31 December 2025	500,000	3,755	11,995	649	516,399
	---------	------	-------	----	---------
Depreciation
At 1 January 2025	–	3,700	11,874	648	16,222
Charge for the year	–	7	30	–	37
	---------	------	-------	----	---------
At 31 December 2025	–	3,707	11,904	648	16,259
	---------	------	-------	----	---------
Carrying amount
At 31 December 2025	500,000	48	91	1	500,140
	---------	------	-------	----	---------
At 31 December 2024	500,000	55	121	1	500,177
	---------	------	-------	----	---------

Tangible assets held at valuation

Investment property was last revalued by the directors on the basis of fair value as at 31 December 2025.

6. Investments

	Other investments other than loans
	£
Cost
At 1 January 2025	1,514,206
Additions	14,640
Revaluations	187,424
	-----------
At 31 December 2025	1,716,270
	-----------
Impairment
At 1 January 2025 and 31 December 2025	–
	-----------

Carrying amount
At 31 December 2025	1,716,270
	-----------
At 31 December 2024	1,514,206
	-----------

All investments are listed on the International Stock Exchange, London.

7. Debtors

	2025	2024
	£	£
Other debtors	57,752	62,381
	-------	-------

8. Creditors: Amounts falling due within one year

	2025	2024
	£	£
Trade creditors	18,295	28,931
Social security and other taxes	28,889	34,182
Other creditors	2,500	–
	-------	-------
	49,684	63,113
	-------	-------

9. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	3,700	3,700	3,700	3,700
Ordinary 'B' shares of £ 1 each	12	12	12	12
Ordinary 'C' shares of £ 1 each	270	270	270	270
Ordinary 'D' shares of £ 1 each	90	90	90	90
	------	------	------	------
	4,072	4,072	4,072	4,072
	------	------	------	------