Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302023-07-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08576857 2023-07-01 2024-06-30 08576857 2022-07-01 2023-06-30 08576857 2024-06-30 08576857 2023-06-30 08576857 c:Director1 2023-07-01 2024-06-30 08576857 c:Director2 2023-07-01 2024-06-30 08576857 c:RegisteredOffice 2023-07-01 2024-06-30 08576857 d:FreeholdInvestmentProperty 2024-06-30 08576857 d:FreeholdInvestmentProperty 2023-06-30 08576857 d:CurrentFinancialInstruments 2024-06-30 08576857 d:CurrentFinancialInstruments 2023-06-30 08576857 d:Non-currentFinancialInstruments 2024-06-30 08576857 d:Non-currentFinancialInstruments 2023-06-30 08576857 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 08576857 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 08576857 d:ShareCapital 2024-06-30 08576857 d:ShareCapital 2023-06-30 08576857 d:RetainedEarningsAccumulatedLosses 2024-06-30 08576857 d:RetainedEarningsAccumulatedLosses 2023-06-30 08576857 c:OrdinaryShareClass1 2023-07-01 2024-06-30 08576857 c:OrdinaryShareClass1 2024-06-30 08576857 c:OrdinaryShareClass1 2023-06-30 08576857 c:OrdinaryShareClass2 2023-07-01 2024-06-30 08576857 c:OrdinaryShareClass2 2024-06-30 08576857 c:OrdinaryShareClass2 2023-06-30 08576857 c:FRS102 2023-07-01 2024-06-30 08576857 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 08576857 c:FullAccounts 2023-07-01 2024-06-30 08576857 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 08576857 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 08576857










BRUNO LABRADOR UK LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




















 
BRUNO LABRADOR UK LIMITED
 
 
Company Information


Directors
M R Sainz 
I M Valdes 




Registered number
08576857



Registered office
3rd Floor
12 Gough Square

London

EC4A 3DW





 
BRUNO LABRADOR UK LIMITED
Registered number: 08576857

Balance sheet
As at 30 June 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
2,160,636
2,160,636

  
2,160,636
2,160,636

Current assets
  

Debtors: amounts falling due after more than one year
 5 
1,241,148
1,059,415

Debtors: amounts falling due within one year
 5 
31,299
51,130

Cash at bank and in hand
  
713,634
707,472

  
1,986,081
1,818,017

Creditors: amounts falling due within one year
 6 
(96,751)
(54,440)

Net current assets
  
 
 
1,889,330
 
 
1,763,577

Total assets less current liabilities
  
4,049,966
3,924,213

  

Net assets
  
4,049,966
3,924,213


Capital and reserves
  

Called up share capital 
 7 
2,185,660
2,185,660

Profit and loss account
  
1,864,306
1,738,553

  
4,049,966
3,924,213


Page 1

 
BRUNO LABRADOR UK LIMITED
Registered number: 08576857
    
Balance sheet (continued)
As at 30 June 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 on 18 November 2024.




I M Valdes
Director

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
BRUNO LABRADOR UK LIMITED
 
 
 
Notes to the financial statements
For the Year Ended 30 June 2024

1.


General information

Bruno Labrador UK Limited is a private company limited by share capital, incorporated in England and Wales, registration number  08576857. The principal activity of the company is that of an investment company. The registered office address is 3rd Floor, 12 Gough Square, London, EC4A 3DW.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the Profit and loss account, except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and loss account within 'finance income or costs'. All other foreign exchange gains and losses are presented in Profit and loss account within 'other operating income'.

 
2.3

Turnover

Turnover is measured as the fair value of rent, service charges and rechargeable expenditure received or receivable during the year, excluding value added tax.

Page 3

 
BRUNO LABRADOR UK LIMITED
 
 
 
Notes to the financial statements
For the Year Ended 30 June 2024

2.Accounting policies (continued)

 
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 balance sheet 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 the directors 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 the profit and loss account. 

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.7

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. 

 
2.8

Creditors

Short-term creditors are measured at the transaction price.


3.


Employees




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

Page 4

 
BRUNO LABRADOR UK LIMITED
 
 
 
Notes to the financial statements
For the Year Ended 30 June 2024

4.


Investment property


Freehold investment property

£



Valuation


At 1 July 2023
2,160,636



At 30 June 2024
2,160,636

The  valuations were made by I Valdes, on an open market value for existing use basis.




5.


Debtors

2024
2023
£
£

Due after more than one year

Amounts owed by group undertakings
1,241,148
1,059,415

1,241,148
1,059,415


2024
2023
£
£

Due within one year

Trade debtors
29,490
49,432

Other debtors
1,809
1,698

31,299
51,130


Page 5

 
BRUNO LABRADOR UK LIMITED
 
 
 
Notes to the financial statements
For the Year Ended 30 June 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
40,792
-

Other taxation and social security
2,135
2,135

Other creditors
53,824
52,305

96,751
54,440


The company has an agreement in place with its bankers to provide a £1m credit facility which carries a fixed and floating charge over the assets of the company.


7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary GBP shares of £1 each
100
100
934 (2023 - 934) Ordinary shares of £2,340 each
2,185,560
2,185,560

2,185,660

2,185,660

Both classes of shares rank parri passu.



8.


Related party transactions

The company has adopted the exemption permitted by paragraph 33.1A of FRS102 and has not disclosed transactions with members of the same group that are wholly owned.
As at the year-end a director had made a loan to the company amounting to £5,031 (2023: £5,031). The loan is interest free and payable on demand.


9.


Controlling party

The immediate parent company is Bruno Labrador SL, a company incorporated in Spain.

 
Page 6