REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 23 JUNE 2024 |
FOR |
BROOKLEY COURT FREEHOLD LIMITED |
REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 23 JUNE 2024 |
FOR |
BROOKLEY COURT FREEHOLD LIMITED |
BROOKLEY COURT FREEHOLD LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 23 JUNE 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
3 Durrant Road |
Bournemouth |
Dorset |
BH2 6NE |
BROOKLEY COURT FREEHOLD LIMITED (REGISTERED NUMBER: 04 |
BALANCE SHEET |
23 JUNE 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
6 |
NET ASSETS |
RESERVES |
Income and expenditure account | 7 |
BROOKLEY COURT FREEHOLD LIMITED (REGISTERED NUMBER: 04 |
BALANCE SHEET - continued |
23 JUNE 2024 |
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 surplus or deficit 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 |
BROOKLEY COURT FREEHOLD LIMITED (REGISTERED NUMBER: 04 |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 23 JUNE 2024 |
1. | STATUTORY INFORMATION |
Brookley Court Freehold Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents ground rent demanded for the year. |
Tangible fixed assets |
Fixed assets are initially recorded at cost. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2023 - NIL). |
4. | TANGIBLE FIXED ASSETS |
Freehold |
reversion |
£ |
COST |
At 24 June 2023 |
and 23 June 2024 |
NET BOOK VALUE |
At 23 June 2024 |
At 23 June 2023 |
The freehold has been written down to £nil in respect of the 11 lessees (out of 12) who have either participated in the freehold purchase or have been granted lease extensions. The value is in the long leases they hold rather than the cost of acquiring the freehold interest. |
The freehold value carried forward is equivalent to the share of the remaining non-participator. |
BROOKLEY COURT FREEHOLD LIMITED (REGISTERED NUMBER: 04 |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 23 JUNE 2024 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Ground rent in advance |
Accruals and deferred income |
6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2024 | 2023 |
£ | £ |
Loans toward freehold purchase |
Nine members provided funds to the company in order to acquire the freehold reversion. These loans are interest free and are repayable on demand. |
7. | RESERVES |
Income |
and |
expenditure |
account |
£ |
At 24 June 2023 |
Surplus for the year |
At 23 June 2024 |
8. | LIMITED BY GUARANTEE |
The company is limited by guarantee with no share capital. |
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
ON THE UNAUDITED FINANCIAL STATEMENTS OF |
BROOKLEY COURT FREEHOLD 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. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Brookley Court Freehold Limited for the year ended 23 June 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
This report is made solely to the Board of Directors of Brookley Court Freehold Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Brookley Court Freehold Limited and state those matters that we have agreed to state to the Board of Directors of Brookley Court Freehold Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Brookley Court Freehold Limited and its Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that Brookley Court Freehold Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Brookley Court Freehold Limited. You consider that Brookley Court Freehold Limited is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of Brookley Court Freehold Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Chartered Accountants |
3 Durrant Road |
Bournemouth |
Dorset |
BH2 6NE |