REGISTERED NUMBER: 02488862 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

BRIGADE CLOTHING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs M L Lea

Mr D J Bassi

Mr L J Goulder

SECRETARY:

Mr L J Goulder

REGISTERED OFFICE:

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

REGISTERED NUMBER:

02488862 (England and Wales)

ACCOUNTANTS:

LDP Luckmans

Chartered Accountants

1110 Elliott Court

Herald Avenue

Coventry Business Park

Coventry

West Midlands

CV5 6UB

FIXED ASSETS

Intangible assets

4

27,188

6,059

Tangible assets

5

205,583

150,696

232,771

156,755

CURRENT ASSETS

Stocks

6

662,019

772,852

Debtors

7

1,006,816

1,009,706

Cash at bank

244,438

190,229

1,913,273

1,972,787

CREDITORS

Amounts falling due within one year

8

249,206

332,171

NET CURRENT ASSETS

1,664,067

1,640,616

TOTAL ASSETS LESS CURRENT LIABILITIES

1,896,838

1,797,371

CREDITORS

Amounts falling due after more than one year

9

(54,221

)

(5,000

)

PROVISIONS FOR LIABILITIES

12

(43,867

)

(29,704

)

NET ASSETS

1,798,750

1,762,667

CAPITAL AND RESERVES

Called up share capital

13

100,000

100,000

Retained earnings

1,698,750

1,662,667

SHAREHOLDERS' FUNDS

1,798,750

1,762,667

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 October 2026 and were signed on its behalf by:

Mrs M L Lea - Director

1.	STATUTORY INFORMATION

Brigade Clothing Limited 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.

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is considered to be when goods are despatched to customers.

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.

Website development is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

15% on cost and Equal instalments over period of lease

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on cost

Office furniture

-

20% on cost

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 Statement of Income and Retained Earnings, 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.

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32 (2025 - 33 ) .

4.	INTANGIBLE FIXED ASSETS

Website

development

£

COST

At 1 February 2025

145,599

Additions

31,028

At 31 January 2026

176,627

AMORTISATION

At 1 February 2025

139,540

Amortisation for year

9,899

At 31 January 2026

149,439

NET BOOK VALUE

At 31 January 2026

27,188

At 31 January 2025

6,059

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 February 2025

12,913

630,489

78,226

Additions

-

57,278

34

Disposals

-

-

-

At 31 January 2026

12,913

687,767

78,260

DEPRECIATION

At 1 February 2025

12,913

565,485

73,562

Charge for year

-

30,775

2,630

Eliminated on disposal

-

-

-

At 31 January 2026

12,913

596,260

76,192

NET BOOK VALUE

At 31 January 2026

-

91,507

2,068

At 31 January 2025

-

65,004

4,664

Motor

Office

vehicles

furniture

Totals

£

£

£

COST

At 1 February 2025

126,551

20,484

868,663

Additions

83,495

4,598

145,405

Disposals

(73,395

)

-

(73,395

)

At 31 January 2026

136,651

25,082

940,673

DEPRECIATION

At 1 February 2025

47,212

18,795

717,967

Charge for year

30,353

766

64,524

Eliminated on disposal

(47,401

)

-

(47,401

)

At 31 January 2026

30,164

19,561

735,090

NET BOOK VALUE

At 31 January 2026

106,487

5,521

205,583

At 31 January 2025

79,339

1,689

150,696

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 February 2025

51,500

73,395

124,895

Additions

26,300

83,495

109,795

Disposals

-

(73,395

)

(73,395

)

At 31 January 2026

77,800

83,495

161,295

DEPRECIATION

At 1 February 2025

32,375

29,052

61,427

Charge for year

11,950

20,088

32,038

Eliminated on disposal

-

(47,401

)

(47,401

)

At 31 January 2026

44,325

1,739

46,064

NET BOOK VALUE

At 31 January 2026

33,475

81,756

115,231

At 31 January 2025

19,125

44,343

63,468

6.

STOCKS

31.1.26

31.1.25

£

£

Finished goods

662,019

772,852

7.

DEBTORS

31.1.26

31.1.25

£

£

Amounts falling due within one year:

Trade debtors

51,010

66,254

Other debtors

55,346

42,992

106,356

109,246

Amounts falling due after more than one year:

Amounts owed by group undertakings

900,460

900,460

Aggregate amounts

1,006,816

1,009,706

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans and overdrafts

5,000

10,000

Hire purchase contracts (see note 10)

17,425

48,300

Trade creditors

127,613

141,666

Taxation and social security

23,566

33,979

Other creditors

75,602

98,226

249,206

332,171

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans

-

5,000

Hire purchase contracts (see note 10)

54,221

-

54,221

5,000

10.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.1.26

31.1.25

£

£

Gross obligations repayable:

Within one year

20,857

59,527

Between one and five years

66,022

-

86,879

59,527

Finance charges repayable:

Within one year

3,432

11,227

Between one and five years

11,801

-

15,233

11,227

Net obligations repayable:

Within one year

17,425

48,300

Between one and five years

54,221

-

71,646

48,300

Non-cancellable

operating leases

31.1.26

31.1.25

£

£

Within one year

25,278

47,395

Between one and five years

-

24,495

25,278

71,890

11.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.26

31.1.25

£

£

Hire purchase contracts

71,646

48,300

12.	PROVISIONS FOR LIABILITIES

31.1.26

31.1.25

£

£

Deferred tax

43,867

29,704

Deferred

tax

£

Balance at 1 February 2025

29,704

Accelerated capital allowances

14,169

General provisions

(6

)

Balance at 31 January 2026

43,867

13.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

£

51,000

Ordinary Shares

£1

51,000

51,000

49,000

Ordinary A Shares

£1

49,000

49,000

100,000

100,000

Each Ordinary share has equal voting rights in all respects. Each share is entitled pari passu to dividend payments or any other distribution.

Each Ordinary A share has equal voting rights; rights to participate in the distribution of profits of the company; and participate in the distribution of capital including on a winding up, but cannot be redeemed.