Fowler & Co (Brighton) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07933288

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		29,761		4,915

			29,761		4,915
CURRENT ASSETS
Stocks	6	9,300		14,519
Debtors	7	28,811		16,350
Cash at bank and in hand		33,946		59,824

		72,057		90,693
Creditors: Amounts Falling Due Within One Year	8	(27,927 )		(37,377 )

NET CURRENT ASSETS (LIABILITIES)			44,130		53,316

TOTAL ASSETS LESS CURRENT LIABILITIES			73,891		58,231

Creditors: Amounts Falling Due After More Than One Year	9		(16,897 )		(12,193 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(5,655 )		(1,091 )

NET ASSETS			51,339		44,947

CAPITAL AND RESERVES
Called up share capital	11		100		100
Profit and Loss Account			51,239		44,847

SHAREHOLDERS' FUNDS			51,339		44,947

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Fowler & Co (Brighton) Limited

Balance Sheet (continued)

As At 31 March 2026

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.

On behalf of the board

Mr B J Fowler Director	Ms S E Inglis Director
16/10/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Fowler & Co (Brighton) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07933288 . The registered office is Scott Workshops Units 4 And 5, Avis Way, Newhaven, BN9 0DH.

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. Turnover

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

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

2.4. 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:

Motor Vehicles	25% on reducing balance
Fixtures & Fittings	25% on reducing balance

2.5. Stocks and Work in Progress

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

2.6. 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.

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Fowler & Co (Brighton) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.7. Pensions

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2025: 4)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2025	50,000

As at 31 March 2026	50,000

Amortisation
As at 1 April 2025	50,000

As at 31 March 2026	50,000

Net Book Value
As at 31 March 2026	-

As at 1 April 2025	-

5. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 April 2025	24,099	22,487	46,586
Additions	30,240	-	30,240

As at 31 March 2026	54,339	22,487	76,826

Depreciation
As at 1 April 2025	21,809	19,862	41,671
Provided during the period	4,738	656	5,394

As at 31 March 2026	26,547	20,518	47,065

Net Book Value
As at 31 March 2026	27,792	1,969	29,761

As at 1 April 2025	2,290	2,625	4,915

6. Stocks

	2026	2025
	£	£
Stock	9,300	13,400
Work in progress	-	1,119

	9,300	14,519

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Fowler & Co (Brighton) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

7. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	28,179	13,556
Other debtors	632	2,794

	28,811	16,350

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	5,789	3,147
Bank loans and overdrafts	918	5,800
Other creditors	2,283	2,020
Taxation and social security	18,937	26,410

	27,927	37,377

9. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	-	622
Other creditors	16,897	11,571

	16,897	12,193

10. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 April 2025	1,091	1,091
Additions	4,564	4,564

Balance at 31 March 2026	5,655	5,655

11. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

12. Related Party Transactions

During the year the company loaned £nil (2025: £0) to Scott Workshops Ltd, a company in which B Fowler, M Williams and S Inglis are also directors and controlling shareholders

In addition, the company rents a property from Scott Workshops Ltd at a cost of £20,564 (2025: £32,260) for the year.

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