REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 |
FOR |
BROCKWELL GROUP (HOLDINGS) LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 |
FOR |
BROCKWELL GROUP (HOLDINGS) LIMITED |
BROCKWELL GROUP (HOLDINGS) LIMITED (REGISTERED NUMBER: 06013927) |
CONTENTS OF THE FINANCIAL STATEMENTS |
For The Year Ended 31 March 2024 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
BROCKWELL GROUP (HOLDINGS) LIMITED |
COMPANY INFORMATION |
For The Year Ended 31 March 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
BROCKWELL GROUP (HOLDINGS) LIMITED (REGISTERED NUMBER: 06013927) |
ABRIDGED BALANCE SHEET |
31 March 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investments | 5 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
The financial statements were approved by the Board of Directors and authorised for issue on |
BROCKWELL GROUP (HOLDINGS) LIMITED (REGISTERED NUMBER: 06013927) |
NOTES TO THE FINANCIAL STATEMENTS |
For The Year Ended 31 March 2024 |
1. | STATUTORY INFORMATION |
Brockwell Group (Holdings) Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements have been prepared in accordance with the provisions of Section 1A ''Smaller Entities'' of Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
Turnover |
Turnover represents sales of consulting services, excluding value added tax, performed during the year. |
Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income. |
Tangible fixed assets |
Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended by management. |
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
Computer equipment | - | 33.33% straight line |
Motor vehicles | - | 20.00% reducing balance |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost less impairment. |
Financial instruments |
The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost, except for investments which are measured at cost less impairment.. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss. |
Taxation |
Taxation for the year comprises current 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 tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. |
Consideration is given to whether deferred tax should be provided in respect of material timing differences which have not reversed at the balance sheet date. Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or future taxable profits. |
Current tax liabilities are not discounted and are 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
BROCKWELL GROUP (HOLDINGS) LIMITED (REGISTERED NUMBER: 06013927) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 31 March 2024 |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 April 2023 |
Additions |
At 31 March 2024 |
DEPRECIATION |
At 1 April 2023 |
Charge for year |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 March 2023 |
5. | FIXED ASSET INVESTMENTS |
Information on investments other than loans is as follows: |
Totals |
£ |
COST |
At 1 April 2023 |
and 31 March 2024 | 150 |
NET BOOK VALUE |
At 31 March 2024 | 150 |
At 31 March 2023 | 150 |
Investments (neither listed nor unlisted) were as follows: |
2024 | 2023 |
£ | £ |
Investments | 33,218 | 33,218 |
6. | SECURED DEBTS |
A charge over all the undertaking, property and assets of the company was created on 5 November 2021 by GRE A.S.K. Agent Limited to secure all moneys and liabilities due. |
Fixed charges have been raised over all the property or undertaking of the company by a director to secure all debenture loan balances and interest due from the company. The charge also contained a negative pledge over the property. |
BROCKWELL GROUP (HOLDINGS) LIMITED (REGISTERED NUMBER: 06013927) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 31 March 2024 |
7. | RELATED PARTY DISCLOSURES |
During the year, the company entered into the following transactions with related parties: |
Brockwell Group Limited |
Balance owed from related party at the beginning of the year - £12,140 |
Transactions entered into during the year: |
Loans paid - £1,753 |
Professional fees - 1,990 |
Balance owed to related party at end of the year - £15,883 |
Brockwell Group Bexhill LLP |
Balance owed from related party at the beginning of the year - £561,735 |
Transactions entered into during the year: |
Profit Distributions - (£560,577) |
Bank Charges - (£21) |
Loan Paid - £2,000 |
Balance owed from related party at end of the year - £3,137 |
Brockwell Marlow Limited |
Balance owed from related party at the beginning of the year - £2,069 |
Transactions entered into during the year: |
Loans paid - £152,500 |
Professional fees - (£877) |
Balance owed from related party at end of the year - £153,692 |