BROOKE ESTATE MANAGEMENT LTD

Company Registration Number:
08046873 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

BROOKE ESTATE MANAGEMENT LTD

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

BROOKE ESTATE MANAGEMENT LTD

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 89,157 103,966
Total fixed assets: 89,157 103,966
Current assets
Debtors: 4 13,634 25,026
Cash at bank and in hand: 26,214 9,600
Total current assets: 39,848 34,626
Creditors: amounts falling due within one year: 5 (27,590) (29,111)
Net current assets (liabilities): 12,258 5,515
Total assets less current liabilities: 101,415 109,481
Creditors: amounts falling due after more than one year: 6 (52,286) (58,971)
Total net assets (liabilities): 49,129 50,510
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 49,128 50,509
Shareholders funds: 49,129 50,510

The notes form part of these financial statements

BROOKE ESTATE MANAGEMENT LTD

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 August 2024
and signed on behalf of the board by:

Name: Mr R McKeand
Status: Director

The notes form part of these financial statements

BROOKE ESTATE MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Income is recognised when goods and services have been delivered to customers such that risks and rewards of ownership have transferred to them.

Tangible fixed assets and depreciation policy

Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery 10% Reducing balance Vehicles 20% Reducing balance Fixtures and fittings 20% Reducing balance

Other accounting policies

1. Taxation. Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively. 2. Short term debtors and creditors. Debtors and creditors receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in profit and loss. 3. Cash and cash equivalents. Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. 4. Leased Assets. Assets held under finance leases, which are leases where substantially all the risks and rewards of ownership of the asset have passed to the Company are capitalised in the balance sheet and are depreciated over the shorter of the lease term and the asset's useful life. A corresponding liability is recognised for the lower of the fair value of the leased asset and the present value of the minimum lease payments in the balance sheet. Lease payments are apportioned between the reduction of the lease liability and finance charges in the income statement so as to achieve a constant rate of interest on the remaining balance of the liability. Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term. Lease incentives are recognised over the lease term on a straight line basis. 5. Employee Benefits. The obligations for contributions to defined contribution scheme are recognised as an expense as incurred. The assets of the scheme are held separately from those of the Company in an independent administered fund.

BROOKE ESTATE MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

BROOKE ESTATE MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible Assets

Total
Cost £
At 01 May 2023 203,847
Additions 775
At 30 April 2024 204,622
Depreciation
At 01 May 2023 99,881
Charge for year 15,584
At 30 April 2024 115,465
Net book value
At 30 April 2024 89,157
At 30 April 2023 103,966

BROOKE ESTATE MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

BROOKE ESTATE MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Creditors: amounts falling due within one year note

Bank loans and overdrafts £3,543. Finance leases and hire purchase contracts £4,215. Trade creditors £65. Corporation tax £48. Other taxes and social security £1,967. Director's loan £16,432. Accruals £1,320.

BROOKE ESTATE MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Creditors: amounts falling due after more than one year note

Bank loans due between 1 and 2 years £2,900. Bank loans due between 2 and 5 years £9,300. Bank loans due after more than 5 years £3,624. Finance Leases due between 1 and 2 years £16,462. Director's loans due after more than 1 year £20,000.