REGISTERED NUMBER: 10001980 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

Bracey's Accountants (Stevenage) Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

5,828

6,264

CURRENT ASSETS

Debtors

5

87,841

71,691

Cash at bank

46,808

13,446

134,649

85,137

CREDITORS

Amounts falling due within one year

6

125,808

71,550

NET CURRENT ASSETS

8,841

13,587

TOTAL ASSETS LESS CURRENT LIABILITIES

14,669

19,851

CREDITORS

Amounts falling due after more than one year

7

-

(8,768

)

PROVISIONS FOR LIABILITIES

(1,457

)

(1,566

)

NET ASSETS

13,212

9,517

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

13,112

9,417

SHAREHOLDERS' FUNDS

13,212

9,517

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 22 October 2026 and were signed on its behalf by:

P Bracey - Director

1.	STATUTORY INFORMATION

Bracey's Accountants (Stevenage) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

10001980

Registered office:

18 - 20 High Street

Stevenage

Hertfordshire

SG1 3EJ

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern

The financial statements have been prepared on a going concern basis.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised at the transaction price. Trade debtors are reviewed annually for bad debts. Any adjustment is made through the profit and loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2025 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2025

14,098

Additions

2,946

Disposals

(3,707

)

At 31 January 2026

13,337

DEPRECIATION

At 1 February 2025

7,834

Charge for year

1,747

Eliminated on disposal

(2,072

)

At 31 January 2026

7,509

NET BOOK VALUE

At 31 January 2026

5,828

At 31 January 2025

6,264

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

66,953

43,772

Amounts owed by group undertakings

54

5,419

Amounts recoverable on contract

11,731

11,038

Other debtors

9,103

11,462

87,841

71,691

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

8,755

15,000

Trade creditors

4,058

3,794

Amounts owed to group undertakings

37,122

8,856

Taxation and social security

69,514

41,402

Other creditors

6,359

2,498

125,808

71,550

Included in bank loans and overdrafts is £8,755 (2025 - £15,000) which relates to bank loans. The bank loans are secured by way of a cross guarantee by Bracey's Accountants (Stevenage) Limited, Bracey's Consulting Limited and PGB Asset Holdings Limited, all fellow group companies.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

8,768

The bank loans are secured by way of a cross guarantee by Bracey's Accountants (Stevenage) Limited, Bracey's Consulting Limited and PGB Asset Holdings Limited, all fellow group companies.

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

8,755

23,768

The carrying amount of the bank loans at the year end is £8,755 (2025 - £23,768).

The bank loans are secured by way of a cross guarantee by Bracey's Accountants (Stevenage) Limited, Bracey's Consulting Limited and PGB Asset Holdings Limited, all fellow group companies.

9.	RELATED PARTY TRANSACTIONS