| Brentwood Mini Market Limited |
| Registered number: |
10968089 |
| Balance Sheet |
| as at 31 October 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
3 |
|
|
22,000 |
|
|
22,000 |
| Tangible assets |
4 |
|
|
16,061 |
|
|
18,895 |
|
|
|
|
38,061 |
|
|
40,895 |
|
| Current assets |
| Stocks |
|
|
50,244 |
|
|
40,826 |
| Debtors |
5 |
|
286 |
|
|
1,371 |
| Cash at bank and in hand |
|
|
670 |
|
|
469 |
|
|
|
51,200 |
|
|
42,666 |
|
| Creditors: amounts falling due within one year |
6 |
|
(42,191) |
|
|
(39,568) |
|
| Net current assets |
|
|
|
9,009 |
|
|
3,098 |
|
| Total assets less current liabilities |
|
|
|
47,070 |
|
|
43,993 |
|
| Creditors: amounts falling due after more than one year |
7 |
|
|
(30,693) |
|
|
(32,584) |
|
|
|
| Net assets |
|
|
|
16,377 |
|
|
11,409 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
16,277 |
|
|
11,309 |
|
| Shareholder's funds |
|
|
|
16,377 |
|
|
11,409 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Bayram Yalcin |
| Director |
| Approved by the board on 23 September 2026 |
|
| Brentwood Mini Market Limited |
| Notes to the Accounts |
| for the year ended 31 October 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Fixtures, fittings, tools and equipment |
15% reducing balance |
|
Motor vehicles |
15% reducing balance |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
Leased assets |
|
Operating lease payments are recognised as an expense on a straight line basis over the lease term. |
|
|
Functional and presentation currency |
|
The financial statements of the company are measured and presented in the currency of the primary economic environment in which the company operates, the functional currency. The financial statements are presented in Pound sterling (£), which is the company’s functional currency. |
|
|
Employee benefits |
|
Short-term employee benefits
Short-term employee benefits are recognised as an expense in the period in which they are incurred.
Post-employment defined contribution plans
Amounts in respect of defined contributions plans are recognised as an expense as they are incurred.
Termination benefits
Provisions for termination benefits are recognised only when the company is demonstrably committed to terminate the employment of an employee or of a group of employees before their normal retirement date or to provide termination benefits as a result of an offer made in order to encourage voluntary redundancy. |
|
|
Going concern |
|
The financial statements have been prepared on the basis that the company will receive continued financial support from bank and directors and has adequate resources to continue in operational existence for the foreseeable future. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
6 |
|
6 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
|
Cost |
|
At 1 November 2024 |
22,000 |
|
At 31 October 2025 |
22,000 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 31 October 2025 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2025 |
22,000 |
|
At 31 October 2024 |
22,000 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Tangible fixed assets |
|
|
|
|
Fixtures, fittings, tools and equipment |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 November 2024 |
16,594 |
|
23,664 |
|
40,258 |
|
At 31 October 2025 |
16,594 |
|
23,664 |
|
40,258 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 November 2024 |
10,401 |
|
10,962 |
|
21,363 |
|
Charge for the year |
929 |
|
1,905 |
|
2,834 |
|
At 31 October 2025 |
11,330 |
|
12,867 |
|
24,197 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2025 |
5,264 |
|
10,797 |
|
16,061 |
|
At 31 October 2024 |
6,193 |
|
12,702 |
|
18,895 |
|
|
| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
286 |
|
1,371 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade creditors |
21,018 |
|
5,006 |
|
Taxation and social security costs |
5,246 |
|
10,607 |
|
Other creditors |
15,927 |
|
23,955 |
|
|
|
|
|
|
42,191 |
|
39,568 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
30,693 |
|
32,584 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Related party transactions |
|
|
Included within other creditors is a director's loan of £12,326 (2024 - £22,654). |
|
|
| 9 |
Controlling party |
|
|
Bayram Yalcin is the ultimate controlling party. |
|
|
| 10 |
Other information |
|
|
Brentwood Mini Market Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
|
7 High Street |
|
Brentwood |
|
Essex |
|
CM14 4RG |