Brondesbury Lodge Limited - Filleted accounts

Registered number

04998326

Brondesbury Lodge Limited

Filleted Accounts

31 December 2025

Brondesbury Lodge Limited
Registered number:		04998326
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		66,000			88,000
Tangible assets	4		372,185			368,521
			438,185			456,521

Current assets
Stocks		2,415			2,540
Debtors	5	82,114			5,169
Cash at bank and in hand		839,280			899,538
		923,809			907,247

Creditors: amounts falling due within one year	6	(279,655)			(181,566)

Net current assets			644,154			725,681

Net assets			1,082,339			1,182,202

Capital and reserves
Called up share capital			1,000			1,000
Profit and loss account			1,081,339			1,181,202

Shareholders' funds			1,082,339			1,182,202

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




J S Guram
Director
Approved by the board on 14 April 2026

Brondesbury Lodge Limited
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					45		44


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 January 2025							330,000
	At 31 December 2025							330,000

	Amortisation
	At 1 January 2025							242,000
	Provided during the year							22,000
	At 31 December 2025							264,000

	Net book value
	At 31 December 2025							66,000
	At 31 December 2024							88,000

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
				Land and buildings		Plant and machinery etc		Total
£					£		£
	Cost
	At 1 January 2025			582,498		86,084		668,582
	Additions			-		22,819		22,819
	At 31 December 2025			582,498		108,903		691,401

	Depreciation
	At 1 January 2025			223,980		76,081		300,061
	Charge for the year			11,000		8,155		19,155
	At 31 December 2025			234,980		84,236		319,216

	Net book value
	At 31 December 2025			347,518		24,667		372,185
	At 31 December 2024			358,518		10,003		368,521


5	Debtors					2025		2024
£							£

	Trade debtors					2,114		5,169
	Other debtors					80,000		-
						82,114		5,169


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					15,173		15,088
	Corporation tax					74,832		139,273
	Other taxes and social security costs					176,457		23,459
	Other creditors					13,193		3,746
						279,655		181,566

	At 31 December 2025, the Company had a loan of £80,000 outstanding to a director who is also a shareholder and therefore a participator for the purposes of section 455 of the Corporation Tax Act 2010. Included in the amount of Corporation Tax is s 455 charge of £27,000, calculated at 33.75%.

7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	J S Guram
	Advance	-		80,000		-		80,000

		-		80,000		-		80,000

	During the year, the Company advanced £80,000 to a director who is also a shareholder holding 50% of the ordinary share capital of the Company. At 31 December 2025, £80,000 was outstanding in respect of the loan. The loan is unsecured, bears interest at 3.75% per annum and is repayable on demand. No amounts were written off or waived during the year and no guarantees were provided by the Company in respect of the loan. The total amount advanced to directors during the year was £80,000 and the total amount outstanding at the year end was £80,000.

8	Directors advances, credits and controlling party

	The director has, from time to time, advanced funds to the company. Such loans are interest- free, unsecured and repayable on demand.The company is controlled by the directors, Mr G & J Guram who is also the main shareholder.


9	Other information

	Brondesbury Lodge Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Heol Derw
	Cardigan
	Ceredigion
	SA43 1NH