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REGISTERED NUMBER: 05988552 (England and Wales)











Unaudited Financial Statements

for the Year Ended 30 November 2023

for

Brookwood Investments Limited

Brookwood Investments Limited (Registered number: 05988552)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Brookwood Investments Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: J W Bloomfield





REGISTERED OFFICE: Crane Court
302 London Road
Ipswich
Suffolk
IP2 0AJ





REGISTERED NUMBER: 05988552 (England and Wales)





ACCOUNTANTS: Knights Lowe Ltd
Chartered Accountants
Crane Court
302 London Road
Ipswich
Suffolk
IP2 0AJ

Brookwood Investments Limited (Registered number: 05988552)

Statement of Financial Position
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,094 16,125
Investment property 5 440,000 350,000
452,094 366,125

CURRENT ASSETS
Debtors 6 891,060 829,582
Cash at bank 797 3,360
891,857 832,942
CREDITORS
Amounts falling due within one year 7 933,221 880,980
NET CURRENT LIABILITIES (41,364 ) (48,038 )
TOTAL ASSETS LESS CURRENT LIABILITIES 410,730 318,087

CREDITORS
Amounts falling due after more than one
year

8

(225,738

)

(222,209

)

PROVISIONS FOR LIABILITIES 10 (26,913 ) (3,383 )
NET ASSETS 158,079 92,495

CAPITAL AND RESERVES
Called up share capital 11 50 50
Capital redemption reserve 12 50 50
Fair value reserve 12 157,553 91,083
Retained earnings 12 426 1,312
SHAREHOLDERS' FUNDS 158,079 92,495

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Brookwood Investments Limited (Registered number: 05988552)

Statement of Financial Position - continued
30 November 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 28 November 2024 and were signed by:





J W Bloomfield - Director


Brookwood Investments Limited (Registered number: 05988552)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Brookwood Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

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.
Plant and machinery - 25% on reducing balance

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.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and loans with related parties.

Debt instruments that are payable or receivable within one year, such as trade payables or receivables, are measured at the undiscounted amount of the cash or other consideration expected to be paid or received. Debt instruments that are repayable or receivable after one year are initially measured at the present value of the future cash flows and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each financial year for evidence of impairment. If objective evidence of impairment is found an impairment loss is recognised in the Income Statement.

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 statement of financial position date.


Brookwood Investments Limited (Registered number: 05988552)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 December 2022
and 30 November 2023 24,000
DEPRECIATION
At 1 December 2022 7,875
Charge for year 4,031
At 30 November 2023 11,906
NET BOOK VALUE
At 30 November 2023 12,094
At 30 November 2022 16,125

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022 350,000
Revaluations 90,000
At 30 November 2023 440,000
NET BOOK VALUE
At 30 November 2023 440,000
At 30 November 2022 350,000

Brookwood Investments Limited (Registered number: 05988552)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

5. INVESTMENT PROPERTY - continued

Fair value at 30 November 2023 is represented by:
£   
Valuation in 2020 94,465
Valuation in 2023 90,000
Cost 255,535
440,000

If investment property had not been revalued it would have been included at the following historical cost:

2023 2022
£    £   
Cost 255,535 255,535

Investment property was valued on an open market basis on 30 November 2023 by the director .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 484 (1,231 )
Other debtors 890,576 830,813
891,060 829,582

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,963 7,677
Trade creditors 3,775 2,340
Amounts owed to group undertakings 690,596 654,296
Taxation and social security 232,362 213,817
Other creditors 1,525 2,850
933,221 880,980

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 225,738 222,209

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years
by instalments 199,574 186,784
199,574 186,784

Brookwood Investments Limited (Registered number: 05988552)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 230,701 229,886

The bank loan is secured by a charge over the freehold property.

10. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax
Investment property gains 26,913 3,383

Deferred
tax
£   
Balance at 1 December 2022 3,383
Charge to Income Statement during year 23,530
Balance at 30 November 2023 26,913

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
50 Ordinary £1 50 50

12. RESERVES
Capital Fair
Retained redemption value
earnings reserve reserve Totals
£    £    £    £   

At 1 December 2022 1,312 50 91,083 92,445
Profit for the year 100,584 - - 100,584
Dividends (35,000 ) - - (35,000 )
Investment property gains (66,470 ) - 66,470 -
At 30 November 2023 426 50 157,553 158,029

Brookwood Investments Limited (Registered number: 05988552)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

13. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2023 and 30 November 2022:

2023 2022
£    £   
J W Bloomfield
Balance outstanding at start of year 645,667 509,699
Amounts advanced 164,104 267,028
Amounts repaid (120,422 ) (131,060 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 689,349 645,667