BROONS LIMITED

Company Registration Number:
SC616270 (Scotland)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

BROONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

BROONS LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 554 738
Total fixed assets: 554 738
Current assets
Debtors:   5,235 11,724
Cash at bank and in hand: 27,709 6,162
Investments:   176,800 138,300
Total current assets: 209,744 156,186
Creditors: amounts falling due within one year: 4 (27,056) (22,457)
Net current assets (liabilities): 182,688 133,729
Total assets less current liabilities: 183,242 134,467
Provision for liabilities: (105) (140)
Total net assets (liabilities): 183,137 134,327
Capital and reserves
Called up share capital: 500 500
Profit and loss account: 182,637 133,827
Shareholders funds: 183,137 134,327

The notes form part of these financial statements

BROONS LIMITED

Balance sheet statements

For the year ending 31 December 2023 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 September 2024
and signed on behalf of the board by:

Name: Dr Paula O'Hanlon
Status: Director

The notes form part of these financial statements

BROONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

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

BROONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

BROONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 3,217
At 31 December 2023 3,217
Depreciation
At 01 January 2023 2,479
Charge for year 184
At 31 December 2023 2,663
Net book value
At 31 December 2023 554
At 31 December 2022 738

BROONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Creditors: amounts falling due within one year note

Corporation tax 2024 - £19,836 2023 - £18,356 Directors' account 4,009 1,238 Accruals and deferred income 3,211 2,150 Trade creditors 486 PAYE creditor 227 Total 27,056 22,457

BROONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Related party transactions

Loans to company under common ownership Broons Capital Ltd 2024 - £176,800 2023 - £138,300 These loans are interest free with no fixed repayment terms.

BROONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Post balance sheet events

So far as the Board is aware, there are no post balance sheet events which require to be reflected in the Accounts.