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REGISTERED NUMBER: 11015885 (England and Wales)







Unaudited Financial Statements for the Year Ended 31 October 2023

for

Holbrook Holdings Limited

Holbrook Holdings Limited (Registered number: 11015885)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Holbrook Holdings Limited

Company Information
for the Year Ended 31 October 2023







DIRECTOR: Mr Tobie William Holbrook





REGISTERED OFFICE: 1st Floor
283 Church Road
Redfield
Bristol
City of Bristol
BS5 9HT





REGISTERED NUMBER: 11015885 (England and Wales)





ACCOUNTANTS: Dunkley's
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
United Kingdom
BS32 4JY

Holbrook Holdings Limited (Registered number: 11015885)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 88,322 28,330
Investments 5 1,540,000 1,540,000
Investment property 6 8,912,633 8,912,633
10,540,955 10,480,963

CURRENT ASSETS
Stocks 83,447 412,224
Debtors 7 86,102 66,010
Cash at bank and in hand 9,154 12,410
178,703 490,644
CREDITORS
Amounts falling due within one year 8 (981,262 ) (1,173,771 )
NET CURRENT LIABILITIES (802,559 ) (683,127 )
TOTAL ASSETS LESS CURRENT LIABILITIES 9,738,396 9,797,836

CREDITORS
Amounts falling due after more than one year 9 (5,994,324 ) (6,265,498 )

PROVISIONS FOR LIABILITIES (167,243 ) (119,535 )
NET ASSETS 3,576,829 3,412,803

CAPITAL AND RESERVES
Called up share capital 11 1,500,000 1,500,000
Share premium 12 1,164,562 1,164,562
Fair value reserve 12 476,250 476,250
Retained earnings 12 436,017 271,991
SHAREHOLDERS' FUNDS 3,576,829 3,412,803

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

Holbrook Holdings Limited (Registered number: 11015885)

Balance Sheet - continued
31 October 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 August 2024 and were signed by:





Mr Tobie William Holbrook - Director


Holbrook Holdings Limited (Registered number: 11015885)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Holbrook Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Holbrook Holdings Limited (Registered number: 11015885)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 November 2022 34,096 18,440 1,019 53,555
Additions 39,700 46,500 - 86,200
Disposals (30,000 ) - - (30,000 )
At 31 October 2023 43,796 64,940 1,019 109,755
DEPRECIATION
At 1 November 2022 14,458 10,489 278 25,225
Charge for year 6,142 5,863 203 12,208
Eliminated on disposal (16,000 ) - - (16,000 )
At 31 October 2023 4,600 16,352 481 21,433
NET BOOK VALUE
At 31 October 2023 39,196 48,588 538 88,322
At 31 October 2022 19,638 7,951 741 28,330

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 November 2022 30,000 14,208 44,208
Additions - 46,500 46,500
Disposals (30,000 ) - (30,000 )
Transfer to ownership - (14,208 ) (14,208 )
At 31 October 2023 - 46,500 46,500
DEPRECIATION
At 1 November 2022 12,000 8,048 20,048
Charge for year 4,000 5,415 9,415
Eliminated on disposal (16,000 ) - (16,000 )
Transfer to ownership - (9,588 ) (9,588 )
At 31 October 2023 - 3,875 3,875
NET BOOK VALUE
At 31 October 2023 - 42,625 42,625
At 31 October 2022 18,000 6,160 24,160

Holbrook Holdings Limited (Registered number: 11015885)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.10.23 31.10.22
£    £   
Vehicle investments b/fwd 1,540,000 1,185,000
Vehicle investment additions - 740,000
Vehicle investment disposals - (385,000 )
1,540,000 1,540,000

Motor vehicle investments were valued on an open market basis by the director on the 31/10/2023.

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2022
and 31 October 2023 8,912,633
NET BOOK VALUE
At 31 October 2023 8,912,633
At 31 October 2022 8,912,633

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Amounts owed by group undertakings 26,352 35,678
Other debtors 54,900 30,332
VAT 4,850 -
86,102 66,010

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 66,918 106,084
Hire purchase contracts 166,734 159,303
Trade creditors 28,934 10,635
Amounts owed to group undertakings 97,001 62,359
Tax 98,345 46,470
VAT - 563
Directors' current accounts 519,490 785,607
Accrued expenses 3,840 2,750
981,262 1,173,771

Holbrook Holdings Limited (Registered number: 11015885)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans - 1-2 years 47,668 108,628
Bank loans - 2-5 years 13,912 82,057
Bank loans more 5 yrs non-inst 5,516,316 5,516,316
Hire purchase contracts 416,428 558,497
5,994,324 6,265,498

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 5,516,316 5,516,316

10. SECURED DEBTS

The following secured debts are included within creditors:

31.10.23 31.10.22
£    £   
Hire purchase contracts 583,162 717,800
Bank loans 5,605,431 5,773,917
6,188,593 6,491,717

The hire purchase creditor is secured on the vehicles under the agreements.

The bank loans contain a fixed charge against the company's assets.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
1,500,000 Ordinary £1 1,500,000 1,500,000

12. RESERVES
Fair
Retained Share value
earnings premium reserve Totals
£    £    £    £   

At 1 November 2022 271,991 1,164,562 476,250 1,912,803
Profit for the year 164,026 164,026
At 31 October 2023 436,017 1,164,562 476,250 2,076,829