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REGISTERED NUMBER: 11015885 (England and Wales)







Unaudited Financial Statements for the Year Ended 31 October 2022

for

Holbrook Holdings Limited

Holbrook Holdings Limited (Registered number: 11015885)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Holbrook Holdings Limited

Company Information
for the Year Ended 31 October 2022







DIRECTOR: T W Holbrook





REGISTERED OFFICE: 1st Floor
283 Church Road
Redfield
Bristol
City of Bristol
BS5 9HT





REGISTERED NUMBER: 11015885 (England and Wales)





ACCOUNTANTS: Dunkley's
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
BS32 4JY

Holbrook Holdings Limited (Registered number: 11015885)

Balance Sheet
31 October 2022

31.10.22 31.10.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 28,330 85,307
Investments 5 1,540,000 1,185,000
Investment property 6 8,912,633 8,912,633
10,480,963 10,182,940

CURRENT ASSETS
Stocks 412,224 255,639
Debtors 7 39,657 97,157
Cash at bank and in hand 12,410 86,573
464,291 439,369
CREDITORS
Amounts falling due within one year 8 1,147,418 991,243
NET CURRENT LIABILITIES (683,127 ) (551,874 )
TOTAL ASSETS LESS CURRENT LIABILITIES 9,797,836 9,631,066

CREDITORS
Amounts falling due after more than one year 9 (6,265,498 ) (6,220,915 )

PROVISIONS FOR LIABILITIES (119,535 ) (120,690 )
NET ASSETS 3,412,803 3,289,461

CAPITAL AND RESERVES
Called up share capital 11 1,500,000 1,500,000
Share premium 12 1,164,562 1,164,562
Retained earnings 12 748,241 624,899
SHAREHOLDERS' FUNDS 3,412,803 3,289,461

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Holbrook Holdings Limited (Registered number: 11015885)

Balance Sheet - continued
31 October 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 director and authorised for issue on 29 September 2023 and were signed by:





T W Holbrook - Director


Holbrook Holdings Limited (Registered number: 11015885)

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

1. STATUTORY INFORMATION

Holbrook Holdings 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 20% 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
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Holbrook Holdings Limited (Registered number: 11015885)

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

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 November 2021 94,096 18,440 411 112,947
Additions - - 608 608
Disposals (60,000 ) - - (60,000 )
At 31 October 2022 34,096 18,440 1,019 53,555
DEPRECIATION
At 1 November 2021 19,638 7,838 164 27,640
Charge for year 6,820 2,651 114 9,585
Eliminated on disposal (12,000 ) - - (12,000 )
At 31 October 2022 14,458 10,489 278 25,225
NET BOOK VALUE
At 31 October 2022 19,638 7,951 741 28,330
At 31 October 2021 74,458 10,602 247 85,307

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 November 2021 90,000 14,208 104,208
Disposals (60,000 ) - (60,000 )
At 31 October 2022 30,000 14,208 44,208
DEPRECIATION
At 1 November 2021 18,000 5,994 23,994
Charge for year 6,000 2,054 8,054
Eliminated on disposal (12,000 ) - (12,000 )
At 31 October 2022 12,000 8,048 20,048
NET BOOK VALUE
At 31 October 2022 18,000 6,160 24,160
At 31 October 2021 72,000 8,214 80,214

Holbrook Holdings Limited (Registered number: 11015885)

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

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.10.22 31.10.21
£    £   
Vehicle investments b/fwd 1,185,000 550,000
Vehicle investment additions 740,000 -
Vehicle investment disposals (385,000 ) -
Revaluations - 635,000
1,540,000 1,185,000

Motor vehicle investments were valued on an open market basis by the director on the 31/10/2022.

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2021
and 31 October 2022 8,912,633
NET BOOK VALUE
At 31 October 2022 8,912,633
At 31 October 2021 8,912,633

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.22 31.10.21
£    £   
Other debtors 39,657 97,157

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.22 31.10.21
£    £   
Bank loans and overdrafts 106,084 103,540
Hire purchase contracts 159,303 135,243
Trade creditors 10,634 21,864
Tax 46,470 28,208
VAT 563 -
Other creditors 36,007 18,423
Directors' current accounts 785,607 681,465
Accrued expenses 2,750 2,500
1,147,418 991,243

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.10.22 31.10.21
£    £   
Bank loans - 1-2 years 108,628 106,084
Bank loans - 2-5 years 82,057 186,989
Bank loans more 5 yrs non-inst 5,516,316 5,516,316
Hire purchase contracts 558,497 411,526
6,265,498 6,220,915

Holbrook Holdings Limited (Registered number: 11015885)

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

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.10.22 31.10.21
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 5,516,316 5,516,316

10. SECURED DEBTS

The following secured debts are included within creditors:

31.10.22 31.10.21
£    £   
Bank loans 5,773,917 5,867,096

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.22 31.10.21
value: £    £   
1,500,000 Ordinary £1 1,500,000 1,500,000

12. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 1 November 2021 624,899 1,164,562 1,789,461
Profit for the year 123,342 123,342
At 31 October 2022 748,241 1,164,562 1,912,803

The company has non-distributable reserves totalling £514,350.