Registration number: 00663160

Brebners Limited

Contents

Company Information	1
Statement of Financial Position	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Brebners Limited

Company Information

Directors

J B Chamberlain C N Pomeroy M N Widdowson R S Gregory C G Nye M R J Burton

Registered office

130 Shaftesbury Avenue 2nd Floor London W1D 5EU

Brebners Limited

Statement of Financial Position as at 5 April 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	35,498	48,669
Current assets
Debtors	6	1,005,687	801,074
Cash at bank and in hand		34,313	23,348
		1,040,000	824,422
Creditors: Amounts falling due within one year	7	(446,513)	(265,283)
Net current assets		593,487	559,139
Total assets less current liabilities		628,985	607,808
Provisions for liabilities	8	(67,356)	(69,395)
Net assets		561,629	538,413
Capital and reserves
Called up share capital		301,056	301,056
Share premium reserve		35	35
Capital redemption reserve		151,760	151,760
Retained earnings		108,778	85,562
Shareholders' funds		561,629	538,413

For the financial year ending 5 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Brebners Limited

Statement of Financial Position as at 5 April 2025

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The directors of Brebners Limited have elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Approved and authorised by the Board on 12 November 2025 and signed on its behalf by:
 

.........................................

R S Gregory

Director

Company registration number: 00663160

Brebners Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

The principal activity of the company is that of the provision of company secretarial and accountancy services.

2	Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The company traded at a profit for the year and had net assets at that date of £561,629 including cash at bank of £34,313. Management accounts show continuing profitability.

The directors have considered the potential effect of the current worldwide economic cost of living and cost rises and, although there is no certainty as to when the effects will end, the directors’ view is that the impact will be manageable. The company has continued to trade profitably since the year end and the directors believe that this will continue. Hence, with the resources that the company has, the directors are confident that the company will be able to weather these events.

On the basis of the above, and after making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the company continues to adopt the going concern basis in preparing the financial statements.

Brebners Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2025

Revenue recognition

The turnover shown in the profit and loss account represents amounts receivable during the year, exclusive of Value Added Tax.

Revenue represents the fair value of the consideration received or receivable in respect of professional services provided during the year inclusive of direct expenses incurred on client assignments but excluding value added tax. Where the outcome of a transaction can be estimated reliably revenue associated with the transaction is recognised in the income statement by reference to the stage of completion at the year end date, provided that a right to consideration has been obtained through performance. Consideration accrues as contract activity progresses by reference to the value of work performed. Hence revenue in respect of service contracts represents the cost appropriate to the stage of completion of each contract plus attributable profits, less amounts recognised in previous years where relevant.

Where the outcome of a transaction cannot be estimated reliably, revenue is recognised only to the extent that the costs of providing the service are recoverable. No revenue is recognised where there are significant uncertainties regarding recovery of the consideration due or where the right to receive payment is contingent on events outside the control of the company. Provision is made for any losses as soon as they are foreseen.

Unbilled revenue is included in current assets as other debtors. Amounts received on account in excess of the amounts recognised as revenue are included in other creditors.

Amounts recoverable on contracts relate to service contract receivables on completed work where the fee has yet to be finalised or where the service contract is such that the work performed falls into different accounting periods. They are stated at cost plus profit recognised to date less provision for foreseeable losses.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Brebners Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Leasehold property	10 years straight line
Equipment, Fixtures and fittings	between 2 to 5 years straight line

Amortisation

Asset class	Amortisation method and rate
Goodwill	between 2 to 3 years straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

Provisions

Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

Operating leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due.

3	Staff numbers

The average number of persons employed by the company during the year, was 26 (2024 - 23).

Brebners Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2025

4	Intangible assets

Fully amortised goodwill brought forward of £1,164,239 has been written off.

5	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 6 April 2024	22,272	236,313	258,585
Additions	-	1,275	1,275
At 5 April 2025	22,272	237,588	259,860
Depreciation
At 6 April 2024	11,928	197,988	209,916
Charge for the year	1,061	13,385	14,446
At 5 April 2025	12,989	211,373	224,362
Carrying amount
At 5 April 2025	9,283	26,215	35,498
At 5 April 2024	10,344	38,325	48,669

Brebners Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2025

6

Debtors

	2025 £	2024 £
Trade debtors	276,331	225,788
Other debtors	729,356	575,286
	1,005,687	801,074

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Trade creditors	60,329	69,098
Taxation and social security	8,439	1,889
Other creditors	377,745	194,296
	446,513	265,283