Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-3193526149352614The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2023-04-01falseNo description of principal activity22true 09136476 2023-04-01 2024-03-31 09136476 2022-04-01 2023-03-31 09136476 2024-03-31 09136476 2023-03-31 09136476 c:Director1 2023-04-01 2024-03-31 09136476 d:FreeholdInvestmentProperty 2024-03-31 09136476 d:FreeholdInvestmentProperty 2023-03-31 09136476 d:LeaseholdInvestmentProperty 2024-03-31 09136476 d:LeaseholdInvestmentProperty 2023-03-31 09136476 d:CurrentFinancialInstruments 2024-03-31 09136476 d:CurrentFinancialInstruments 2023-03-31 09136476 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 09136476 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 09136476 d:ShareCapital 2024-03-31 09136476 d:ShareCapital 2023-03-31 09136476 d:RetainedEarningsAccumulatedLosses 2024-03-31 09136476 d:RetainedEarningsAccumulatedLosses 2023-03-31 09136476 c:OrdinaryShareClass1 2023-04-01 2024-03-31 09136476 c:OrdinaryShareClass1 2024-03-31 09136476 c:OrdinaryShareClass1 2023-03-31 09136476 c:FRS102 2023-04-01 2024-03-31 09136476 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09136476 c:FullAccounts 2023-04-01 2024-03-31 09136476 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09136476 6 2023-04-01 2024-03-31 09136476 3 2024-03-31 09136476 3 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09136476
















BREWHOUSE HOLDINGS LIMITED


UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

































BREWHOUSE HOLDINGS LIMITED
REGISTERED NUMBER:09136476

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
3,417
20,777

Investment property
  
4,676,307
4,676,307

  
4,679,724
4,697,084

Current assets
  

Debtors: amounts falling due within one year
 6 
31,165
72,000

Cash at bank and in hand
  
56,791
1,336,302

  
87,956
1,408,302

Creditors: amounts falling due within one year
 7 
(4,793,268)
(6,215,102)

Net current liabilities
  
 
 
(4,705,312)
 
 
(4,806,800)

Total assets less current liabilities
  
(25,588)
(109,716)

  

Net liabilities
  
(25,588)
(109,716)


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
(25,688)
(109,816)

  
(25,588)
(109,716)


Page 1


BREWHOUSE HOLDINGS LIMITED
REGISTERED NUMBER:09136476
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

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: 





L Doyne
Director

Date: 14 July 2024

The notes on pages 3 to 8 form part of these financial statements.

Page 2


BREWHOUSE HOLDINGS LIMITED

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


GENERAL INFORMATION

Brewhouse Holdings Limited is a limited liability company incorporated in England and Wales. The company's registered office is C/O Bishop Fleming LLP, 10 Temple Back, Bristol, BS1 6FL.

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 following principal accounting policies have been applied:

 
2.2

REVENUE

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

FINANCE COSTS

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

TAXATION

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.5

INVESTMENT PROPERTY

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

Page 3


BREWHOUSE HOLDINGS LIMITED

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.ACCOUNTING POLICIES (continued)

 
2.6

VALUATION OF INVESTMENTS

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.7

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.

 
2.8

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

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.

Page 4


BREWHOUSE HOLDINGS LIMITED

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.ACCOUNTING POLICIES (continued)

 
2.10

FINANCIAL INSTRUMENTS

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the reporting date.

Financial assets and liabilities are offset and the net amount reported in the Statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 2 (2023:2).

Page 5


BREWHOUSE HOLDINGS LIMITED

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


FIXED ASSET INVESTMENTS





Investments in subsidiary companies
Other fixed asset investments
Total

£
£
£



COST OR VALUATION


At 1 April 2023
-
20,777
20,777


Additions
100
-
100


Disposals
-
(17,460)
(17,460)



At 31 March 2024
100
3,317
3,417






NET BOOK VALUE



At 31 March 2024
100
3,317
3,417



At 31 March 2023
-
20,777
20,777


5.


INVESTMENT PROPERTY


Freehold investment property
Long term leasehold investment property
Total

£
£
£



VALUATION


At 1 April 2023
3,708,465
967,842
4,676,307



AT 31 MARCH 2024
3,708,465
967,842
4,676,307



The 2024 valuations were made by the directors, on an open market value for existing use basis.




Page 6


BREWHOUSE HOLDINGS LIMITED

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


DEBTORS

2024
2023
£
£


Trade debtors
9,099
34,128

Amounts owed by companies under common control
4,573
-

Prepayments and accrued income
15,762
20,130

Tax recoverable
1,731
17,742

31,165
72,000



7.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Other loans
4,768,393
6,087,245

Trade creditors
7,993
49,703

Amounts owed to group undertakings
-
73,154

Other taxation and social security
3,359
-

Other creditors
5,100
5,000

Accruals and deferred income
8,423
-

4,793,268
6,215,102


See note 8 for further information on other loans due at the balance sheet date.

8.


SHARE CAPITAL

2024
 2023
£
ALLOTTED, CALLED UP AND FULLY PAID



100 (2023:100) Ordinary Shares of £1.00 each
100
100




Page 7


BREWHOUSE HOLDINGS LIMITED

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

9.


RELATED PARTY TRANSACTIONS

At the balance sheet date, £602,708 (2023: £602,708) was owed to each of the 5 shareholders. The balance is included within other loans and is unsecured, interest free and repayable on demand. 
Included in amounts owed to companies under common control is a balance of £NIL (2023: £73,154) to an entity with common directors. The balance is unsecured, interest free and repayable on demand.

Included in amounts owed by companies under common control is a balance of £4,573 (2023: £NIL) to an entity with common directors. The balance is unsecured, interest free and repayable on demand.
The balance due to the director at the year end of £5,000 (2023: £5,000) is unsecured, interest free and repayable on demand.  


10.


CONTROLLING PARTY

There is no ultimate controlling party.

Page 8