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REGISTERED NUMBER: 08229643 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

BROER ESTATES LIMITED

BROER ESTATES LIMITED (REGISTERED NUMBER: 08229643)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

BROER ESTATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: Z Maasbach
J Maasbach





REGISTERED OFFICE: 78 Sandgate High Street
Sandgate
Folkestone
Kent
CT20 3BX





REGISTERED NUMBER: 08229643 (England and Wales)





ACCOUNTANTS: Higson & Co (Deal) Ltd
45 Queen Street
Deal
Kent
CT14 6EY

BROER ESTATES LIMITED (REGISTERED NUMBER: 08229643)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,569 -

CURRENT ASSETS
Debtors 5 699,135 444,461
Cash at bank 5,921 1,224
705,056 445,685
CREDITORS
Amounts falling due within one year 6 558,648 291,373
NET CURRENT ASSETS 146,408 154,312
TOTAL ASSETS LESS CURRENT
LIABILITIES

147,977

154,312

CREDITORS
Amounts falling due after more than one
year

7

145,028

152,335
NET ASSETS 2,949 1,977

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 2,749 1,777
SHAREHOLDERS' FUNDS 2,949 1,977

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 directors acknowledge their 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.

BROER ESTATES LIMITED (REGISTERED NUMBER: 08229643)

BALANCE SHEET - 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 November 2024 and were signed on its behalf by:





Z Maasbach - Director


BROER ESTATES LIMITED (REGISTERED NUMBER: 08229643)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Broer Estates 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 financial statements are presented in round pounds £ 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.

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.
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 5 ) .

BROER ESTATES LIMITED (REGISTERED NUMBER: 08229643)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 1,858
At 30 November 2023 1,858
DEPRECIATION
Charge for year 289
At 30 November 2023 289
NET BOOK VALUE
At 30 November 2023 1,569

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 11,554 -
Directors' current accounts 687,581 444,461
699,135 444,461

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 8) 7,100 7,093
Trade creditors 1,500 -
Amounts owed to group undertakings 401 -
Tax 4,410 50,904
Social security and other taxes - 3
Other creditors - 73
Roma Capital loan 542,084 228,848
Deferred income 1,828 1,828
Accrued expenses 1,325 2,624
558,648 291,373

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans (see note 8) 11,150 18,457
Other loans (see note 8) 133,878 133,878
145,028 152,335

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 133,878 133,878

BROER ESTATES LIMITED (REGISTERED NUMBER: 08229643)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

8. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bounce Back Loan 7,100 7,093

Amounts falling due between one and two years:
Bank loans - 1-2 years 7,100 7,093

Amounts falling due between two and five years:
Bank loans - 2-5 years 4,050 11,364

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 133,878 133,878

9. LOANS TO DIRECTORS

The directors repaid their loan account balances in full within 9 months from the year end.

BROER ESTATES LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
BROER ESTATES LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 November 2023 set out on pages one to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Higson & Co (Deal) Ltd
45 Queen Street
Deal
Kent
CT14 6EY


Date: .............................................