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REGISTERED NUMBER: 09325067 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

BROOKEPORT INVESTMENTS LIMITED

BROOKEPORT INVESTMENTS LIMITED (REGISTERED NUMBER: 09325067)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BROOKEPORT INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: N Young





SECRETARY:





REGISTERED OFFICE: 35 Wilkinson Street
Sheffield
South Yorkshire
S10 2GB





REGISTERED NUMBER: 09325067 (England and Wales)





ACCOUNTANTS: Hollis and Co Limited
Chartered Accountants
35 Wilkinson Street
Sheffield
South Yorkshire
S10 2GB

BROOKEPORT INVESTMENTS LIMITED (REGISTERED NUMBER: 09325067)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 1,689 2,762

CURRENT ASSETS
Debtors 6 2,291,921 2,083,931
Cash at bank 11,703 160,412
2,303,624 2,244,343
CREDITORS
Amounts falling due within one year 7 1,935,325 1,875,431
NET CURRENT ASSETS 368,299 368,912
TOTAL ASSETS LESS CURRENT
LIABILITIES

369,988

371,674

PROVISIONS FOR LIABILITIES 422 690
NET ASSETS 369,566 370,984

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 369,466 370,884
SHAREHOLDERS' FUNDS 369,566 370,984

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

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 30 December 2024 and were signed by:



N Young - Director


BROOKEPORT INVESTMENTS LIMITED (REGISTERED NUMBER: 09325067)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Brookeport 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 (£).


These financial statements cover the entity as an individual company.

The figures in the financial statements are rounded to the nearest £.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Turnover is recognised when the company has an unconditional right to receive the income.

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

Financial instruments
Financial Assets

The company's loans receivable meet the definition of a basic financial instrument, so they are originally recognised at the transaction price.

Financial Liabilities

The company's loans payable meet the definition of a basic financial instrument, so they are originally recognised at the transaction price.

Debt instruments which are financing transactions at a rate of interest that is not a market rate.

Where debt instruments are classified as assets due after more than one year or long term liabilities, then the company measures these at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Where debt instruments are classified as current assets or current liabilities, then there is no present value adjustment to the initial measurement based on amortised cost.


BROOKEPORT INVESTMENTS LIMITED (REGISTERED NUMBER: 09325067)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

3. ACCOUNTING POLICIES - continued
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 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.

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.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 9 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 36,620
DEPRECIATION
At 1 April 2023 33,858
Charge for year 1,073
At 31 March 2024 34,931
NET BOOK VALUE
At 31 March 2024 1,689
At 31 March 2023 2,762

BROOKEPORT INVESTMENTS LIMITED (REGISTERED NUMBER: 09325067)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 350,385 151,736
Other debtors 1,941,536 1,932,195
2,291,921 2,083,931

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 43,878 19,360
Taxation and social security 378,200 580,702
Other creditors 1,513,247 1,275,369
1,935,325 1,875,431

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
N Young
Balance outstanding at start of year 921,353 736,286
Amounts advanced 98,075 185,067
Amounts repaid (487,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 532,428 921,353

The above loan account is interest free and has no set repayment terms.

10. RELATED PARTY DISCLOSURES

During the year, the company has continued to be party to various interest free working capital loans with undertakings in which Mr Young is also a director or member.

At the year end, the company is owed £850,251 from and owes £309,275 to such undertakings. The balances at 31 March 2023 were £545,318 and £188,623 respectively.