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REGISTERED NUMBER: 02041103 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

CERTAINBROOK LIMITED

CERTAINBROOK LIMITED (REGISTERED NUMBER: 02041103)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CERTAINBROOK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2021







DIRECTORS: S Kahan
Mrs S Kahan





REGISTERED OFFICE: 10 St Kilda's Road
London
N16 5BP





REGISTERED NUMBER: 02041103 (England and Wales)





ACCOUNTANTS: Melinek Fine LLP
Chartered Accountants
First Floor, Winston House
349 Regents Park Road
London
N3 1DH

CERTAINBROOK LIMITED (REGISTERED NUMBER: 02041103)

BALANCE SHEET
31 DECEMBER 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,993 1,885
Investment property 5 3,624,400 3,600,000
3,626,393 3,601,885

CURRENT ASSETS
Debtors 6 568,543 543,253
Cash at bank 43,598 133,684
612,141 676,937
CREDITORS
Amounts falling due within one year 7 153,616 155,764
NET CURRENT ASSETS 458,525 521,173
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,084,918

4,123,058

CREDITORS
Amounts falling due after more than one year 8 (2,366,110 ) (2,364,948 )

PROVISIONS FOR LIABILITIES (228,947 ) (228,947 )
NET ASSETS 1,489,861 1,529,163

CAPITAL AND RESERVES
Called up share capital 2 2
Profit and loss account 10 1,489,859 1,529,161
1,489,861 1,529,163

CERTAINBROOK LIMITED (REGISTERED NUMBER: 02041103)

BALANCE SHEET - continued
31 DECEMBER 2021


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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 Profit and Loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 September 2022 and were signed on its behalf by:





S Kahan - Director


CERTAINBROOK LIMITED (REGISTERED NUMBER: 02041103)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021


1. STATUTORY INFORMATION

Certainbrook Limited is a private company, limited by shares , registered in England and Wales. 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.

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 - 33% on cost and 15% on reducing balance

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.

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost unless they are classified as receivable within one year in which case they are measured at the undiscounted amount of the cash or other consideration expected to be received net of impairment.

Financial liabilities that are classified as payable within one year are subsequently measured at the undiscounted amount of the cash or other consideration expected to be paid.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset or settle the liability simultaneously.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss account, 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.


CERTAINBROOK LIMITED (REGISTERED NUMBER: 02041103)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021


2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2021 15,487
Additions 864
At 31 December 2021 16,351
DEPRECIATION
At 1 January 2021 13,602
Charge for year 756
At 31 December 2021 14,358
NET BOOK VALUE
At 31 December 2021 1,993
At 31 December 2020 1,885

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2021 3,600,000
Additions 24,400
At 31 December 2021 3,624,400
NET BOOK VALUE
At 31 December 2021 3,624,400
At 31 December 2020 3,600,000

The director believes that the market value of the investment properties to be not materially different to the carrying value based on his knowledge of the comparative local properties

CERTAINBROOK LIMITED (REGISTERED NUMBER: 02041103)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Other debtors 568,543 543,253

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts 9,000 13,900
Trade creditors 1 -
Taxation and social security 138,950 136,919
Other creditors 5,665 4,945
153,616 155,764

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2021 2020
£    £   
Bank loans 2,366,110 2,364,948

9. SECURED DEBTS

The following secured debts are included within creditors:

2021 2020
£    £   
Bank Loans 2,351,111 2,375,848

10. RESERVES

Included in reserves is amounts totalling £1,117,801 of un-distributable reserves (£1,117,801 - 2020).

11. RELATED PARTY DISCLOSURES

Included in Other Debtors is amounts totalling £55,900 due from companies under common control (£84,000- 2020).
Included in Other Debtors is amounts totalling £437,267 due from directors of the company (398,792 - 2020). Tax due from directors under S455 on this loan has been calculated.