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Registered number: 10024360
Brainpool Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10024360
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 73 308
Investments 5 20 20
93 328
CURRENT ASSETS
Debtors 6 4,579 3,163
Cash at bank and in hand 3,435 15,344
8,014 18,507
Creditors: Amounts Falling Due Within One Year 7 (15,524 ) (27,241 )
NET CURRENT ASSETS (LIABILITIES) (7,510 ) (8,734 )
TOTAL ASSETS LESS CURRENT LIABILITIES (7,417 ) (8,406 )
NET LIABILITIES (7,417 ) (8,406 )
CAPITAL AND RESERVES
Called up share capital 8 12 12
Share premium account 386,113 386,113
Profit and Loss Account (393,542 ) (394,531 )
SHAREHOLDERS' FUNDS (7,417) (8,406)
Page 1
Page 2
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
The financial statements were approved by the board of directors on 9 October 2026 and were signed on its behalf by:
Dr Peter Antony Bebbington
Director
09/10/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Brainpool Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10024360 . The registered office is 45 Albemarle Street, 3rd Floor, Mayfair, London, W1S 4JL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 3
2.3. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2025: NIL)
- -
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2025 10,417
As at 31 March 2026 10,417
Depreciation
As at 1 April 2025 10,109
Provided during the period 235
As at 31 March 2026 10,344
Net Book Value
As at 31 March 2026 73
As at 1 April 2025 308
Page 3
Page 4
5. Investments
Unlisted
£
Cost or Valuation
As at 1 April 2025 20
As at 31 March 2026 20
Provision
As at 1 April 2025 -
As at 31 March 2026 -
Net Book Value
As at 31 March 2026 20
As at 1 April 2025 20
6. Debtors
2026 2025
£ £
Due within one year
Prepayments and accrued income 2,025 1,776
Other debtors 648 -
VAT 30 129
Amounts owed by other participating interests 1,876 1,258
4,579 3,163
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors - 945
Bank loans and overdrafts 15,019 25,286
Accruals and deferred income 495 1,000
Brainpool Products Ltd loan 10 10
15,524 27,241
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 12 12
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