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REGISTERED NUMBER: 00056189













Unaudited Financial Statements

for the Year Ended 31 March 2022

for

JOHN BROOKE & SONS LTD

JOHN BROOKE & SONS LTD (REGISTERED NUMBER: 00056189)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JOHN BROOKE & SONS LTD

Company Information
for the Year Ended 31 March 2022







DIRECTORS: M R H Brooke
M C Brooke





SECRETARY: M R H Brooke





REGISTERED OFFICE: Brooke's Mill
Armitage Bridge
Huddersfield
West Yorkshire
HD4 7NR





REGISTERED NUMBER: 00056189





ACCOUNTANTS: Riley & Co Limited
Chartered Accountants
52 St Johns Lane
Halifax
West Yorkshire
HX1 2BW

JOHN BROOKE & SONS LTD (REGISTERED NUMBER: 00056189)

Balance Sheet
31 March 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 175,012 216,016
Investments 5 2,950,854 2,808,082
Investment property 6 5,278,522 5,278,522
8,404,388 8,302,620

CURRENT ASSETS
Stocks 1,443 429
Debtors 7 74,525 86,070
Cash at bank and in hand 1,727,098 1,345,658
1,803,066 1,432,157
CREDITORS
Amounts falling due within one year 8 238,003 210,653
NET CURRENT ASSETS 1,565,063 1,221,504
TOTAL ASSETS LESS CURRENT LIABILITIES 9,969,451 9,524,124

PROVISIONS FOR LIABILITIES 923,625 898,714
NET ASSETS 9,045,826 8,625,410

CAPITAL AND RESERVES
Called up share capital 254,460 254,460
Share premium 71,330 71,330
Capital redemption reserve 90,795 90,795
Capital reserve 142,777 142,777
Retained earnings 8,486,464 8,066,048
SHAREHOLDERS' FUNDS 9,045,826 8,625,410

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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.

JOHN BROOKE & SONS LTD (REGISTERED NUMBER: 00056189)

Balance Sheet - continued
31 March 2022


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2022 and were signed on its behalf by:





M R H Brooke - Director


JOHN BROOKE & SONS LTD (REGISTERED NUMBER: 00056189)

Notes to the Financial Statements
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

John Brooke & Sons Ltd is a private company, limited by shares , registered in Not specified/Other. 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 as modified by the revaluation of certain assets.

Group accounts have not been prepared as the group qualifies as medium sized.

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 - 20% on cost and 10% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 Income Statement, 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.

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.

JOHN BROOKE & SONS LTD (REGISTERED NUMBER: 00056189)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2021 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2021 853,599
Additions 53,385
At 31 March 2022 906,984
DEPRECIATION
At 1 April 2021 637,583
Charge for year 94,389
At 31 March 2022 731,972
NET BOOK VALUE
At 31 March 2022 175,012
At 31 March 2021 216,016

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2021 2,808,082
Additions 600,293
Disposals (722,877 )
Revaluations 265,356
At 31 March 2022 2,950,854
NET BOOK VALUE
At 31 March 2022 2,950,854
At 31 March 2021 2,808,082

Cost or valuation at 31 March 2022 is represented by:

Other
investments
£   
Valuation in 2020 992,109
Cost 1,958,745
2,950,854

JOHN BROOKE & SONS LTD (REGISTERED NUMBER: 00056189)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2021
and 31 March 2022 5,278,522
NET BOOK VALUE
At 31 March 2022 5,278,522
At 31 March 2021 5,278,522

Fair value at 31 March 2022 is represented by:
£   
Valuation in 2006 1,399,990
Valuation in 2007 (21,887 )
Valuation in 2008 (12,256 )
Valuation in 2009 (50,000 )
Valuation in 2010 500,000
Valuation in 2012 (170,000 )
Valuation in 2013 60,000
Valuation in 2017 1,092,608
Valuation in 2019 1,148,892
Valuation in 2020 (20,000 )
Cost 1,351,175
5,278,522

If investment property had not been revalued it would have been included at the following historical cost:

31.3.22 31.3.21
£    £   
Cost 1,351,175 1,351,175
Aggregate depreciation (836,825 ) (809,801 )

Investment property was valued on an open market basis on 31 March 2022 by the directors .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade debtors 6,704 18,412
Other debtors 67,821 67,658
74,525 86,070

JOHN BROOKE & SONS LTD (REGISTERED NUMBER: 00056189)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade creditors 36,277 113,133
Amounts owed to group undertakings 3,508 -
Taxation and social security 66,796 13,330
Other creditors 131,422 84,190
238,003 210,653

9. RELATED PARTY DISCLOSURES

The company received from William Brooke Benevolent Fund, a charity of which the directors are trustees, rentals and other associated income , charged on a normal commercial basis, of £60,218 (2021 : £38,711).

The balance outstanding from William Brooke Benevolent Fund at the year end was £279 (2021 : £9,431).

10. RESERVES

The reserves includes an undistributable element of £3,181,152 which relates to the investment property revaluation.

On 19 October 2020 the company did a company purchase of own shares as follows at a total value of £851,248:
Ordinary £10 shares 1,319
A ordinary £1 shares 64,775
Preference £10 shares 1,283

On 30 March 2021 the company converted all of its shares to Ordinary £10 shares as follows:
224,320 A Ordinary £1 shares converted to 19,627 Ordinary £10 shares
4,717 Preference £10 shares converted to 389 Ordinary £10 shares
This resulted in the creation of share premium totalling £71,330.