ACCOUNTS - Final Accounts preparation

Registered number: 16463589

BROTHERTON NEWCO LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2026

BROTHERTON NEWCO LIMITED

REGISTERED NUMBER: 16463589

BALANCE SHEET

AS AT 31 MARCH 2026

		2026
Note		£

Fixed assets
Tangible assets	4		1,337
Investments			50
			1,387
Current assets
Debtors: amounts falling due within one year	6	1,868
Current asset investments	7	203,836
Cash at bank and in hand	8	776,562
		982,266
Creditors: amounts falling due within one year	9	(5,088)
Net current assets			977,178
Total assets less current liabilities			978,565
Net assets			978,565

Capital and reserves
Called up share capital	10	51
Profit and loss account		978,514
		978,565

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

Page 1

BROTHERTON NEWCO LIMITED

REGISTERED NUMBER: 16463589

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2026

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

C A S Brothetron

Director

Date: 8 October 2026

The notes on pages 3 to 7 form part of these financial statements.

Page 2

BROTHERTON NEWCO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2026

1.	General information

Brotherton Newco Limited is a private company, limited by share capital and incorporated in England and Wales.

The companys registered office address is 2 Communications Road, Greenham Business Park, Newbury, Berkshire, RG19 6AB.

The company was incorporated on 20 May 2025 and commenced trading on the same date.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment

3 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 3

BROTHERTON NEWCO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2026

2.Accounting policies (continued)

2.5

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.9

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Basic financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the

Page 4

BROTHERTON NEWCO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2026

2.Accounting policies (continued)

2.9

Financial instruments (continued)

present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the period was 2.

4.	Tangible fixed assets

		Computer equipment
		£
	Cost or valuation
	Additions	1,777
	At 31 March 2026	1,777
	Depreciation
	Charge for the period	440
	At 31 March 2026	440
	Net book value
	At 31 March 2026	1,337

Page 5

BROTHERTON NEWCO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2026

5.	Fixed asset investments

		Unlisted investments
		£
	Cost or valuation
	Additions	50
	At 31 March 2026	50

Debtors

					2026
					£

	Prepayments and accrued income	1,868
		1,868

7.	Current asset investments
		2026
		£

	Listed investments	203,836
		203,836

8.	Cash and cash equivalents
		2026
		£

	Cash at bank and in hand	776,562
		776,562

9.	Creditors: Amounts falling due within one year
		2026
		£

	Corporation tax	2,088
	Accruals and deferred income	3,000
		5,088

Page 6

BROTHERTON NEWCO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2026

10.	Share capital
		2026
		£

		Allotted, called up and fully paid

		4,500 A Ordinary shares of £0.01 each	45.00
		250 B Ordinary shares of £0.01 each	2.50
		250 C Ordinary shares of £0.01 each	2.50
		100 D Ordinary shares of £0.01 each	1.00

			51.00

On 20 May 2025 1 Ordinary share of £1 was issued for a total consideration of £1.

On 28 May 2025 1 Ordinary share of £1 was issued for a total consideration of £1.

On 29 May 2025 48 Ordinary shares of £1 each were issued for a total consideration of £48.

On 13 November 2025 50 Ordinary shares of £1 each were sub-divided into 5,000 Ordinary shares of £0.01 each.

On 13 November 2025 4,500 Ordinary shares of £0.01 each were redesignated as 4,500 A Ordinary shares of £0.01 each.

On 13 November 2025 250 Ordinary shares of £0.01 each were redesignated as 250 B Ordinary shares of £0.01 each,

On 13 November 2025 250 Ordinary shares of £0.01 each were redesignated as 250 C Ordinary shares of £0.01 each.

On 13 Novemebr 2025 100 D Ordinary shares of £0.01 each were issued for a total consideration of £1.

11.	Controlling party

The company is controlled by its directors.

Page 7