Brantham Management Comm Interest Co - Limited company accounts 25.1

REGISTERED NUMBER: 05922569 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

BRANTHAM MANAGEMENT COMMUNITY INTEREST

COMPANY

Page

Company Information

1

Report of the Directors

2

Abridged Income Statement

3

Abridged Balance Sheet

4

Notes to the Financial Statements

6

Directors:

P E Crowhurst

D G Smith

Secretary:

Mrs L Madley

Registered office:

Dickens House

Guithavon Street

Witham

Essex

CM8 1BJ

Registered number:

05922569 (England and Wales)

Accountants:

Baverstocks Limited

Chartered Certified Accountants

Dickens House

Guithavon Street

Witham

Essex

CM8 1BJ

The directors present their report with the financial statements of the company for the year ended 31 December 2025.

Directors

The directors shown below have held office during the whole of the period from 1 January 2025 to the date of this report.

P E Crowhurst

D G Smith

Other changes in directors holding office are as follows:

P S Lawler - resigned 2 June 2025

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

On behalf of the board:

D G Smith - Director

29 May 2026

Gross profit

113,944

121,721

Administrative expenses

116,173

119,028

Operating (loss)/profit

4

(2,229

)

2,693

Interest receivable and similar income

23

4

(2,206

)

2,697

Interest payable and similar expenses

869

470

(Loss)/profit before taxation

(3,075

)

2,227

Tax on (loss)/profit

4

-

(Loss)/profit for the financial year

(3,079

)

2,227

Fixed assets

Tangible assets

5

161,242

178,964

Current assets

Stocks

3,321

5,647

Debtors

6,329

996

Cash at bank and in hand

16,963

40

26,613

6,683

Creditors

Amounts falling due within one year

202,554

181,095

Net current liabilities

(175,941

)

(174,412

)

Total assets less current liabilities

(14,699

)

4,552

Creditors

Amounts falling due after more than one

year

-

(3,691

)

Accruals and deferred income

(127,958

)

(140,439

)

Net liabilities

(142,657

)

(139,578

)

Capital and reserves

Called up share capital

5

Retained earnings

(142,662

)

(139,583

)

Shareholders' funds

(142,657

)

(139,578

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2026 and were signed on its behalf by:

D G Smith - Director

1.	Statutory information

Brantham Management Community Interest Company is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

Turnover

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

Tangible fixed assets

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

Improvements to Property

-

Over the term of the Lease

Plant and Machinery

-

25% on reducing balance

Motor Vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Grants received

Grants were received during previous periods for the purpose of improving leasehold property. These grants were recognised when the company became entitled to the funds.

The grants have been treated as deferred income to be amortised over the remaining period of the lease on the property.

3.	Employees and directors

The average number of employees during the year was 18 (2024 - 16 ) .

4.	Operating (loss)/profit

The operating loss (2024 - operating profit) is stated after charging:

2025

2024

£

Depreciation - owned assets

17,633

18,992

5.	Tangible fixed assets

Totals

£

Cost

At 1 January 2025

432,706

Disposals

(1,500

)

At 31 December 2025

431,206

Depreciation

At 1 January 2025

253,742

Charge for year

17,633

Eliminated on disposal

(1,411

)

At 31 December 2025

269,964

Net book value

At 31 December 2025

161,242

At 31 December 2024

178,964

6.	Going concern

At the balance sheet date the company had a net deficiency of assets.

After a difficult period of trading the directors have subsequently revised budgets and put into action a plan to return the business to profitability. It is, therefore, their belief that the company remains a going concern.

7.	Community interest company status

The effect of having community interest status is that the assets of the company are locked. As a result the company's reserves may no longer be distributed by way of dividends. Upon liquidation of the company any residual assets would have to be passed to entities listed in the Memorandum and Articles of Association at the discretion of the directors then appointed.