BrightAccountsProduction v1.0.0 v1.0.0 2022-07-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity is that of a dormant company. 19 January 2024 0 0 NI639004 2023-06-30 NI639004 2022-06-30 NI639004 2021-06-30 NI639004 2022-07-01 2023-06-30 NI639004 2021-07-01 2022-06-30 NI639004 uk-bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 NI639004 uk-curr:PoundSterling 2022-07-01 2023-06-30 NI639004 uk-bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 NI639004 uk-bus:FullAccounts 2022-07-01 2023-06-30 NI639004 uk-core:ShareCapital 2023-06-30 NI639004 uk-core:ShareCapital 2022-06-30 NI639004 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 NI639004 uk-core:RetainedEarningsAccumulatedLosses 2022-06-30 NI639004 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-06-30 NI639004 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2022-06-30 NI639004 uk-bus:FRS102 2022-07-01 2023-06-30 NI639004 uk-core:AfterOneYear 2023-06-30 NI639004 uk-core:AfterOneYear 2022-06-30 NI639004 uk-core:EmployeeBenefits 2022-06-30 NI639004 uk-core:EmployeeBenefits 2022-07-01 2023-06-30 NI639004 uk-core:AcceleratedTaxDepreciationDeferredTax 2023-06-30 NI639004 uk-core:TaxLossesCarry-forwardsDeferredTax 2023-06-30 NI639004 uk-core:OtherDeferredTax 2023-06-30 NI639004 uk-core:RevaluationPropertyPlantEquipmentDeferredTax 2023-06-30 NI639004 uk-core:EmployeeBenefits 2023-06-30 NI639004 uk-core:ParentEntities 2022-07-01 2023-06-30 NI639004 2022-07-01 2023-06-30 NI639004 uk-bus:Director1 2022-07-01 2023-06-30 NI639004 uk-bus:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
Company Registration Number: NI639004
 
 
Bro Properties Ltd
 
Unaudited Financial Statements
 
for the financial year ended 30 June 2023
Bro Properties Ltd
Company Registration Number: NI639004
BALANCE SHEET
as at 30 June 2023

2023 2022
Notes £ £
 
Current Assets
Cash and cash equivalents 15 15
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Net Current Assets 15 15
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Total Assets less Current Liabilities 15 15
 
Creditors:
amounts falling due after more than one year 4 (517) (427)
 
Provisions for liabilities 5 96 79
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Net Liabilities (406) (333)
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Capital and Reserves
Called up share capital 1 1
Retained earnings (407) (334)
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Equity attributable to owners of the company (406) (333)
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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 company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Director's Report.
           
For the financial year ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 19 January 2024
           
           
________________________________          
Oliver Brogan          
Director          
           



Bro Properties Ltd
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 30 June 2023

   
1. General Information
 
Bro Properties Ltd is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI639004. The registered office of the company is 5a Temple Road, Upper Ballinderry, Lisburn, Co Antrim, BT28 2PD, Northern Ireland which is also the principal place of business of the company. The principal activity is that of a dormant company. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 30 June 2023 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Borrowing costs
All borrowing costs are recognised in profit or loss in the period in which they are incurred.
 
Provisions
Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
   
3. Going concern
 
The balance sheet shows a net liability of £406. However, £517 of this liability has been created by the existence of a loan from a group company which is not repayable in the forseeable future.
       
4. Creditors 2023 2022
Amounts falling due after more than one year £ £
 
Amounts owed to group undertakings 517 427
  ═════════ ═════════
 
         
5. Provisions for liabilities
 
The amounts provided for deferred taxation are analysed below:
 
  Losses Total Total
       
       
    2023 2022
  £ £ £
 
At financial year start (79) (79) -
Charged to profit and loss (17) (17) (79)
  ───────── ───────── ─────────
At financial year end (96) (96) (79)
  ═════════ ═════════ ═════════
       
6. Capital commitments
 
The company had no material capital commitments at the financial year-ended 30 June 2023.
           
7. Related party transactions
The company has availed of the exemption under FRS 102 Section 1A in relation to the disclosure of transactions with group undertakings.
   
8. Parent company
 
The company regards Brogan Ventures Ltd as its parent company.
 
   
9. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.