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REGISTERED NUMBER: 01352798 (England and Wales)









FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

R.S. BROOKHOUSE ENGINEERING (EVESHAM)
LIMITED

R.S. BROOKHOUSE ENGINEERING (EVESHAM)
LIMITED (REGISTERED NUMBER: 01352798)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


R.S. BROOKHOUSE ENGINEERING (EVESHAM)
LIMITED

COMPANY INFORMATION
for the Year Ended 29 February 2024







DIRECTOR: R S Brookhouse





SECRETARY: Mrs S G Keen





REGISTERED OFFICE: Waterloo Industrial Estate
Waterloo Road
Bidford on Avon
Warwickshire
B50 4JH





REGISTERED NUMBER: 01352798 (England and Wales)





AUDITORS: Kingscott Dix (Cheltenham) Limited
Statutory Auditor
Chartered Accountants
7 Rockfield Business Park
Old Station Drive
Leckhampton
Cheltenham
GL53 0AN

R.S. BROOKHOUSE ENGINEERING (EVESHAM)
LIMITED (REGISTERED NUMBER: 01352798)

BALANCE SHEET
29 February 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 25,853,939 26,501,766

CURRENT ASSETS
Stocks 95,436 98,144
Debtors 5 4,370,290 2,745,743
Cash at bank 704,199 3,113,284
5,169,925 5,957,171
CREDITORS
Amounts falling due within one year 6 (730,102 ) (984,533 )
NET CURRENT ASSETS 4,439,823 4,972,638
TOTAL ASSETS LESS CURRENT
LIABILITIES

30,293,762

31,474,404

PROVISIONS FOR LIABILITIES 8 (2,969,000 ) (3,201,000 )
NET ASSETS 27,324,762 28,273,404

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Retained earnings 27,323,762 28,272,404
SHAREHOLDERS' FUNDS 27,324,762 28,273,404

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 November 2024 and were signed by:





R S Brookhouse - Director


R.S. BROOKHOUSE ENGINEERING (EVESHAM)
LIMITED (REGISTERED NUMBER: 01352798)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

R.S. Brookhouse Engineering (Evesham) 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.

The financial statements have been prepared on the basis that the company remains a going concern. The director has reviewed the position of the business and is confident it can continue to meet its debts as they fall due.

Significant judgements and estimates
The director is of the opinion that the significant judgements and estimations used in the preparation of the financial statements are the recoverability of debtor balances and the estimated useful life of tangible fixed 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.

Hire charges are recognised in the profit and loss account on a straight line basis over the period of the hire.

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 etc - 33% on cost, 25% on reducing balance, 10% on reducing balance and 5% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, 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.


R.S. BROOKHOUSE ENGINEERING (EVESHAM)
LIMITED (REGISTERED NUMBER: 01352798)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29 February 2024

2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 22 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 61,550,328
Additions 41,861
At 29 February 2024 61,592,189
DEPRECIATION
At 1 March 2023 35,048,562
Charge for year 689,688
At 29 February 2024 35,738,250
NET BOOK VALUE
At 29 February 2024 25,853,939
At 28 February 2023 26,501,766

R.S. BROOKHOUSE ENGINEERING (EVESHAM)
LIMITED (REGISTERED NUMBER: 01352798)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29 February 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,953,210 1,806,104
Other debtors 2,417,080 939,639
4,370,290 2,745,743

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 667,332 917,903
Taxation and social security 17,270 25,841
Other creditors 45,500 40,789
730,102 984,533

7. SECURED DEBTS

Security has been given by way of a fixed and floating charge over the assets of the company.

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 2,969,000 3,201,000

Deferred
tax
£   
Balance at 1 March 2023 3,201,000
Credit to Income Statement during year (232,000 )
Balance at 29 February 2024 2,969,000

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £1 1,000 1,000

Ordinary shares have full voting, distribution and dividend rights.

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Gwyneth Milner (Senior Statutory Auditor)
for and on behalf of Kingscott Dix (Cheltenham) Limited

R.S. BROOKHOUSE ENGINEERING (EVESHAM)
LIMITED (REGISTERED NUMBER: 01352798)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29 February 2024

11. RELATED PARTY DISCLOSURES

During the year the company paid rent of £120,000 (2023 - £120,000) for the use of industrial units owned by Mr & Mrs R S Brookhouse.

At the balance sheet date, the company was owed £1,357,285 by Mr & Mrs R S Brookhouse (2023 - £289 owed to). This was repaid after the balance sheet date. A commercial rate of interest is charged on the balance.

12. ULTIMATE CONTROLLING PARTY

The company was controlled by Mr R S Brookhouse throughout the year.