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Company Registration No. 12111475 (England and Wales)
BROOD HOSPITALITY LTD Unaudited accounts for the year ended 31 July 2023
BROOD HOSPITALITY LTD Unaudited accounts Contents
Page
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BROOD HOSPITALITY LTD Company Information for the year ended 31 July 2023
Director
Merlin Timothy Osip LABRON-JOHNSON
Company Number
12111475 (England and Wales)
Registered Office
35 HIGH ST HIGH STREET BRUTON SOMERSET BA10 0AH ENGLAND
Accountants
Addition Financial Limited Addition at 1 Lyric Square Hammersmith London W6 0NB
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BROOD HOSPITALITY LTD Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,822,532 
279,980 
Investments
- 
57,445 
1,822,532 
337,425 
Current assets
Inventories
12,596 
10,626 
Debtors
64,082 
37,009 
Cash at bank and in hand
24,232 
43,943 
100,910 
91,578 
Creditors: amounts falling due within one year
(660,244)
(187,675)
Net current liabilities
(559,334)
(96,097)
Total assets less current liabilities
1,263,198 
241,328 
Creditors: amounts falling due after more than one year
(764,017)
(13,043)
Net assets
499,181 
228,285 
Capital and reserves
Called up share capital
1 
1 
Share premium
125,000 
- 
Profit and loss account
374,180 
228,284 
Shareholders' funds
499,181 
228,285 
For the year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 March 2024 and were signed on its behalf by
Merlin Timothy Osip LABRON-JOHNSON Director Company Registration No. 12111475
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BROOD HOSPITALITY LTD Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
BROOD HOSPITALITY LTD is a private company, limited by shares, registered in England and Wales, registration number 12111475. The registered office is 35 HIGH ST, HIGH STREET, BRUTON, SOMERSET, BA10 0AH, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
5
Computer equipment
4
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2022
285,000 
8,503 
3,974 
297,477 
Additions
1,529,354 
4,487 
- 
1,533,841 
At 31 July 2023
1,814,354 
12,990 
3,974 
1,831,318 
Depreciation
At 1 August 2022
11,875 
3,015 
2,607 
17,497 
Charge for the year
- 
2,171 
993 
3,164 
Surplus on revaluation
(11,875)
- 
- 
(11,875)
At 31 July 2023
- 
5,186 
3,600 
8,786 
Net book value
At 31 July 2023
1,814,354 
7,804 
374 
1,822,532 
At 31 July 2022
273,125 
5,488 
1,367 
279,980 
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BROOD HOSPITALITY LTD Notes to the Accounts for the year ended 31 July 2023
5
Investments
Other investments 
£ 
Valuation at 1 August 2022
57,445 
Disposals
(57,445)
Valuation at 31 July 2023
- 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,145 
11,525 
Accrued income and prepayments
35,709 
5,915 
Other debtors
19,228 
19,569 
64,082 
37,009 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
377,516 
- 
VAT
17,051 
50,646 
Trade creditors
120,042 
33,672 
Taxes and social security
77,858 
38,410 
Other creditors
6,035 
(3,371)
Accruals
14,466 
28,577 
Deferred income
47,276 
39,741 
660,244 
187,675 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
676,077 
- 
Other creditors
- 
1,602 
Loans from directors
87,940 
11,441 
764,017 
13,043 
9
Average number of employees
During the year the average number of employees was 26 (2022: 10).
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