Caseware UK (AP4) 2022.0.179 2022.0.179 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2022-04-01No description of principal activity22truetrue 09840588 2022-04-01 2023-03-31 09840588 2021-04-01 2022-03-31 09840588 2023-03-31 09840588 2022-03-31 09840588 c:CompanySecretary1 2022-04-01 2023-03-31 09840588 c:Director1 2022-04-01 2023-03-31 09840588 c:Director2 2022-04-01 2023-03-31 09840588 c:RegisteredOffice 2022-04-01 2023-03-31 09840588 d:CurrentFinancialInstruments 2023-03-31 09840588 d:CurrentFinancialInstruments 2022-03-31 09840588 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 09840588 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 09840588 d:ShareCapital 2023-03-31 09840588 d:ShareCapital 2022-03-31 09840588 d:RetainedEarningsAccumulatedLosses 2023-03-31 09840588 d:RetainedEarningsAccumulatedLosses 2022-03-31 09840588 c:OrdinaryShareClass1 2022-04-01 2023-03-31 09840588 c:OrdinaryShareClass1 2023-03-31 09840588 c:OrdinaryShareClass1 2022-03-31 09840588 c:FRS102 2022-04-01 2023-03-31 09840588 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 09840588 c:AbridgedAccounts 2022-04-01 2023-03-31 09840588 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 09840588 6 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 09840588










BRADBOURNE INVESTMENTS LIMITED

Unaudited
Financial statements
Information for filing with the registrar
For the year ended 31 March 2023

 
BRADBOURNE INVESTMENTS LIMITED
 

Company Information


Directors
P M Village 
A H Village 




Company secretary
P M Village



Registered number
09840588



Registered office
70 Clarkehouse Road

Sheffield

South Yorkshire

S10 2LJ





 
BRADBOURNE INVESTMENTS LIMITED
Registered number: 09840588

Balance sheet
As at 31 March 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
  
200
200

  
200
200

Current assets
  

Debtors
  
1,500,446
1,300,000

Current asset investments
 6 
3,000,000
3,000,000

  
4,500,446
4,300,000

Creditors: amounts falling due within one year
 7 
(4,882,541)
(4,300,695)

Net current liabilities
  
 
 
(382,095)
 
 
(695)

Total assets less current liabilities
  
(381,895)
(495)

Net liabilities
  
(381,895)
(495)


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
(381,995)
(595)

  
(381,895)
(495)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 






P M Village
A H Village
Director
Director


Page 1

 
BRADBOURNE INVESTMENTS LIMITED
Registered number: 09840588

Balance sheet (continued)
As at 31 March 2023

Date: 28 November 2023

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
BRADBOURNE INVESTMENTS LIMITED
 

 
Notes to the financial statements
For the year ended 31 March 2023

1.


General information

Bradbourne Investments Limited is a company limited by shares incorporated in England within the United Kingdom. The address of the registered office is given in the company information on page 1 of these financial statements.
The financial statements are presented in sterling which is the functional currency of the company.
The significant accounting polices applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.

 
2.2

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.5

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Other financial assets

Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss.
Page 3

 
BRADBOURNE INVESTMENTS LIMITED
 

 
Notes to the financial statements
For the year ended 31 March 2023

2.Accounting policies (continued)


2.5
Financial instruments (continued)

Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Employees

The average monthly number of employees, including the directors, during the year was as follows:


        2023
        2022
            No.
            No.







Directors
2
2


4.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 April 2022
200



At 31 March 2023
200





5.


Debtors

2023
2022
£
£


Other debtors
1,500,296
1,300,000
Page 4

 
BRADBOURNE INVESTMENTS LIMITED
 

 
Notes to the financial statements
For the year ended 31 March 2023

5.Debtors (continued)


Prepayments and accrued income
150
-

1,500,446
1,300,000



6.


Current asset investments

2023
2022
£
£

Unlisted investments
3,000,000
3,000,000

3,000,000
3,000,000



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
4,860,891
4,300,100

Accruals and deferred income
21,650
595

4,882,541
4,300,695



8.


Financial instruments






9.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100



10.


Related party transactions

The company operates a directors current accounts with the directors. The balance owed to the directors at the financial year end was £4,449,900 (2022 £4,300,100). The current accounst are unsecured, interest free and repayable on demand.

Page 5

 
BRADBOURNE INVESTMENTS LIMITED
 

 
Notes to the financial statements
For the year ended 31 March 2023

11.


Controlling party

The company is controlled by P Village and Mrs A H Village by virtue of their holding of 100% of the issued share capital in equal shares.


Page 6