REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 30 April 2023 |
for |
BROOK GRAHAM LIMITED |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 30 April 2023 |
for |
BROOK GRAHAM LIMITED |
BROOK GRAHAM LIMITED (REGISTERED NUMBER: 06040951) |
Contents of the Financial Statements |
for the year ended 30 April 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
BROOK GRAHAM LIMITED |
Company Information |
for the year ended 30 April 2023 |
Directors: |
Registered office: |
Registered number: |
Accountants: |
Chartered Accountants |
Juniper House |
Warley Hill Business Park |
The Drive |
Brentwood |
Essex |
CM13 3BE |
BROOK GRAHAM LIMITED (REGISTERED NUMBER: 06040951) |
Balance Sheet |
30 April 2023 |
2023 | 2022 |
Notes | £ | £ |
Current assets |
Debtors | 4 |
Investments | 5 |
Cash at bank |
Creditors |
Amounts falling due within one year | 6 |
Net current liabilities | ( |
) |
Total assets less current liabilities | ( |
) |
Capital and reserves |
Called up share capital | 7 |
Retained earnings | ( |
) | ( |
) |
Shareholders' funds | ( |
) |
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. |
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 |
BROOK GRAHAM LIMITED (REGISTERED NUMBER: 06040951) |
Notes to the Financial Statements |
for the year ended 30 April 2023 |
1. | Statutory information |
Brook Graham Limited is a specialist diversity and inclusion consulting business. |
The company is a private company limited by shares, incorporated in United Kingdom and registered in England and Wales under the Companies Act 2006. The address of the registered office is 30 Crown Place, London, EC2A 4ES. |
2. | Accounting policies |
Basis of preparing the financial statements |
The financial statements have been prepared under the historical cost convention, modified to include certain times at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' issued by the Financial Reporting Council. The Company has applied the amendments to FRS 102 issued by the FRC in December 2017 with effect from 1 January 2019. The transitional provisions relating to the triennial review amendments have not resulted in any restatements of comparative information by the Company. |
The company meets the definition of qualifying entity under FRS 102 and has therefore taken advantage of the disclosure exemptions available to it. |
The financial statements are prepared in GBP, which is the functional currency of the entity. |
Critical accounting judgements and key sources of estimation uncertainty |
In the application of the company's accounting policies, management are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. |
These estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects both current and future periods. |
In the process of applying the company's accounting policies, management has concluded that there is no individual judgements or key sources of estimation uncertainty which have significant effect on the amounts recognised in the financial statements. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
BROOK GRAHAM LIMITED (REGISTERED NUMBER: 06040951) |
Notes to the Financial Statements - continued |
for the year ended 30 April 2023 |
2. | Accounting policies - continued |
Financial instruments |
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument. |
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. |
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. |
Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously. |
Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the company transfers to another party substantially all of the risks and rewards of ownership of the financial assets, or c) the company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party. |
Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires. |
Taxation |
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recongnised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. |
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. |
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference. |
Going concern |
As the company is expected to cease its operations after the year end and be struck off in due course, the directors have drawn up the financial statements on a basis other than a going concern. The adoption of the basis other than a going concern has not made any material impact on the financial statements or the carrying value of the assets and liabilities. |
BROOK GRAHAM LIMITED (REGISTERED NUMBER: 06040951) |
Notes to the Financial Statements - continued |
for the year ended 30 April 2023 |
2. | Accounting policies - continued |
Impairment |
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. |
When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes that asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. |
3. | Employee numbers |
The average number of employees during the year was NIL (2022 - NIL). |
4. | Debtors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Trade debtors |
Other debtors |
5. | Current asset investments |
2023 | 2022 |
£ | £ |
Shares in group undertakings |
As a result of these financial statements being prepared on a basis other than going concern, investments have been presented as a current asset in these financial statements. The balance has been written off in the current period. |
6. | Creditors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Trade creditors |
Amounts owed to group undertakings |
Other creditors |
7. | Called up share capital |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary | £1 | 400 | 400 |
BROOK GRAHAM LIMITED (REGISTERED NUMBER: 06040951) |
Notes to the Financial Statements - continued |
for the year ended 30 April 2023 |
8. | Ultimate controlling party |
The ultimate parent undertaking and controlling party and the only group to prepare consolidated financial statements is Pinsent Masons International LLP.The group annual report and financial statements can be obtained at Pinsent Masons International LLP,30 Crown Place ,London EC2A 4ES. |
The immediate parent undertaking is Pinsent Masons Services Limited,a company registered in England and Wales.The registered office of Pinsent Masons Services Limited is 30 Crown Place , London EC2A 4ES. |