80 76 Brighter-Futures-Cymru Limited 12271323 false 2024-11-01 2025-10-31 2025-10-31 The principal activity of the company is that of other residential care activities Digita Accounts Production Advanced 6.30.9574.0 true 12271323 2024-11-01 2025-10-31 12271323 2025-10-31 12271323 bus:Director1 1 2025-10-31 12271323 bus:Director2 1 2025-10-31 12271323 bus:OrdinaryShareClass1 bus:CumulativeShares 2025-10-31 12271323 core:HirePurchaseContracts core:CurrentFinancialInstruments 2025-10-31 12271323 core:CurrentFinancialInstruments 2025-10-31 12271323 core:CurrentFinancialInstruments core:WithinOneYear 2025-10-31 12271323 core:FurnitureFittingsToolsEquipment 2025-10-31 12271323 core:MotorVehicles 2025-10-31 12271323 core:OtherPropertyPlantEquipment 2025-10-31 12271323 bus:SmallEntities 2024-11-01 2025-10-31 12271323 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 12271323 bus:FilletedAccounts 2024-11-01 2025-10-31 12271323 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 12271323 bus:RegisteredOffice 2024-11-01 2025-10-31 12271323 bus:Director1 2024-11-01 2025-10-31 12271323 bus:Director1 1 2024-11-01 2025-10-31 12271323 bus:Director2 2024-11-01 2025-10-31 12271323 bus:Director2 1 2024-11-01 2025-10-31 12271323 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-11-01 2025-10-31 12271323 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 12271323 bus:Agent1 2024-11-01 2025-10-31 12271323 core:FurnitureFittings 2024-11-01 2025-10-31 12271323 core:FurnitureFittingsToolsEquipment 2024-11-01 2025-10-31 12271323 core:MotorVehicles 2024-11-01 2025-10-31 12271323 core:OfficeEquipment 2024-11-01 2025-10-31 12271323 core:OtherPropertyPlantEquipment 2024-11-01 2025-10-31 12271323 core:PlantMachinery 2024-11-01 2025-10-31 12271323 countries:EnglandWales 2024-11-01 2025-10-31 12271323 2024-10-31 12271323 bus:Director1 1 2024-10-31 12271323 bus:Director2 1 2024-10-31 12271323 core:FurnitureFittingsToolsEquipment 2024-10-31 12271323 core:MotorVehicles 2024-10-31 12271323 core:OtherPropertyPlantEquipment 2024-10-31 12271323 2023-11-01 2024-10-31 12271323 2024-10-31 12271323 bus:Director1 1 2024-10-31 12271323 bus:Director2 1 2024-10-31 12271323 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-10-31 12271323 core:HirePurchaseContracts core:CurrentFinancialInstruments 2024-10-31 12271323 core:CurrentFinancialInstruments 2024-10-31 12271323 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 12271323 core:FurnitureFittingsToolsEquipment 2024-10-31 12271323 core:MotorVehicles 2024-10-31 12271323 core:OtherPropertyPlantEquipment 2024-10-31 12271323 bus:Director1 1 2023-11-01 2024-10-31 12271323 bus:Director2 1 2023-11-01 2024-10-31 12271323 bus:Director1 1 2023-10-31 12271323 bus:Director2 1 2023-10-31 xbrli:pure iso4217:GBP xbrli:shares

Registration number: 12271323

Brighter-Futures-Cymru Limited
trading as Brighter Futures Cymru
Unaudited Filleted Financial Statements
for the Year Ended 31 October 2025

Brighter-Futures-Cymru Limited
trading as Brighter Futures Cymru

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 8

Brighter-Futures-Cymru Limited
trading as Brighter Futures Cymru

Company Information

Directors | Ms Ceri Allen Mr Mark Lazarus

Registered office | The Malthouse Unit 29 Regent Street LLangollen Wales LL20 8HS

Accountants | Neil Wilson Accountancy Limited Bank Chambers 260-262 Union Street Torquay Devon TQ2 5QU

Brighter-Futures-Cymru Limited
trading as Brighter Futures Cymru

(Registration number: 12271323)
Balance Sheet as at 31 October 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 72,835 | 42,611
Current assets |  |  |
Debtors | 5 | 966,607 | 830,989
Cash at bank and in hand |  | 1,178,135 | 720,876
|  | 2,144,742 | 1,551,865
Creditors: Amounts falling due within one year | 6 | (542,606) | (675,839)
Net current assets |  | 1,602,136 | 876,026
Total assets less current liabilities |  | 1,674,971 | 918,637
Provisions for liabilities |  | (300,000) | (100,000)
Net assets |  | 1,374,971 | 818,637
Capital and reserves |  |  |
Called up share capital | 7 | 1 | 1
Retained earnings |  | 1,374,970 | 818,636
Shareholders' funds |  | 1,374,971 | 818,637

For the financial year ending 31 October 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.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 1 June 2026 and signed on its behalf by:

......................................... Ms Ceri Allen Director

Brighter-Futures-Cymru Limited
trading as Brighter Futures Cymru

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1 | General information

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

The address of its registered office is:
The Malthouse
Unit 29 Regent Street
LLangollen
Wales
LL20 8HS

These financial statements were authorised for issue by the Board on 1 June 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

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.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change 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.

Brighter-Futures-Cymru Limited
trading as Brighter Futures Cymru

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Tangible assets

Tangible assets are stated in the balance sheet 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.

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
Office equipment | 25% reducing balance basis
Fixtures and fittings | 25% reducing balance basis
Motor vehicles | 18% reducing balance basis
Plant and machinery | 25% reducing balance basis

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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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 initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Brighter-Futures-Cymru Limited
trading as Brighter Futures Cymru

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.

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.
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

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.

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. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 80 (2024 - 76).

Brighter-Futures-Cymru Limited
trading as Brighter Futures Cymru

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

4 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Other tangible assets £ | Total £
Cost or valuation
At 1 November 2024 | 24,176 | 36,839 | 1,170 | 62,185
Additions | 3,230 | 40,200 | 3,702 | 47,132
At 31 October 2025 | 27,406 | 77,039 | 4,872 | 109,317
Depreciation
At 1 November 2024 | 11,614 | 7,667 | 293 | 19,574
Charge for the year | 3,276 | 12,487 | 1,145 | 16,908
At 31 October 2025 | 14,890 | 20,154 | 1,438 | 36,482
Carrying amount
At 31 October 2025 | 12,516 | 56,885 | 3,434 | 72,835
At 31 October 2024 | 12,562 | 29,172 | 877 | 42,611

5 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 504,946 | 481,931
Prepayments | 66,457 | 52,854
Other debtors | 395,204 | 296,204
| 966,607 | 830,989

6 | Creditors

Creditors: amounts falling due within one year

Brighter-Futures-Cymru Limited
trading as Brighter Futures Cymru

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 8 | 146,196 | 134,774
Trade creditors |  | 8,119 | 26,281
Taxation and social security |  | 257,179 | 290,155
Accruals and deferred income |  | 19,446 | 40,481
Other creditors |  | 111,666 | 184,148
|  | 542,606 | 675,839

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary share of £1 each | 1 | 1 | 1 | 1

8 | Loans and borrowings

Current loans and borrowings

| 2025 £ | 2024 £
Hire purchase contracts | 12,287 | 13,039
Other borrowings | 133,909 | 121,735
| 146,196 | 134,774

9 | Related party transactions

Transactions with directors

2025 | At 1 November 2024 £ | Advances to director £ | At 31 October 2025 £
Ms Ceri Allen
Director loan | (113,742) | 81,620 | (32,122)
Mr Mark Lazarus
Director loan | (34,823) | 21,433 | (13,390)

Brighter-Futures-Cymru Limited
trading as Brighter Futures Cymru

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

2024 | At 1 November 2023 £ | Advances to director £ | Other payments made to company by director £ | At 31 October 2024 £
Ms Ceri Allen
Director loan | (103,506) | - | (10,236) | (113,742)
Mr Mark Lazarus
Director loan | (36,203) | 1,380 | - | (34,823)

Directors' remuneration

The directors' remuneration for the year was as follows:

| 2025 £ | 2024 £
Remuneration | 113,033 | 87,321
Contributions paid to money purchase schemes | 202,523 | 100,000
| 315,556 | 187,321