Caseware UK (AP4) 2024.0.164 2024.0.164 2024-05-312024-05-312023-06-013falseDevelopment of building projects.5truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 00752606 2023-06-01 2024-05-31 00752606 2022-06-01 2023-05-31 00752606 2024-05-31 00752606 2023-05-31 00752606 c:Director3 2023-06-01 2024-05-31 00752606 d:PlantMachinery 2023-06-01 2024-05-31 00752606 d:OtherPropertyPlantEquipment 2024-05-31 00752606 d:OtherPropertyPlantEquipment 2023-05-31 00752606 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 00752606 d:CurrentFinancialInstruments 2024-05-31 00752606 d:CurrentFinancialInstruments 2023-05-31 00752606 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 00752606 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 00752606 d:ShareCapital 2024-05-31 00752606 d:ShareCapital 2023-05-31 00752606 d:RetainedEarningsAccumulatedLosses 2024-05-31 00752606 d:RetainedEarningsAccumulatedLosses 2023-05-31 00752606 c:OrdinaryShareClass1 2023-06-01 2024-05-31 00752606 c:OrdinaryShareClass1 2024-05-31 00752606 c:FRS102 2023-06-01 2024-05-31 00752606 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 00752606 c:FullAccounts 2023-06-01 2024-05-31 00752606 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 00752606 2 2023-06-01 2024-05-31 00752606 6 2023-06-01 2024-05-31 00752606 e:PoundSterling 2023-06-01 2024-05-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 00752606









BREWSTER ESTATES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
BREWSTER ESTATES LIMITED
REGISTERED NUMBER: 00752606

BALANCE SHEET
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
684
1,512

Investments
 5 
500,000
500,000

  
500,684
501,512

Current assets
  

Debtors: amounts falling due within one year
 6 
1,159
1,534

Cash at bank and in hand
 7 
644
653

  
1,803
2,187

Creditors: amounts falling due within one year
 8 
(3,969)
(285,845)

Net current liabilities
  
 
 
(2,166)
 
 
(283,658)

Total assets less current liabilities
  
498,518
217,854

  

Net assets
  
498,518
217,854


Capital and reserves
  

Called up share capital 
 9 
120,000
120,000

Profit and loss account
  
378,518
97,854

  
498,518
217,854


The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
Page 1

 
BREWSTER ESTATES LIMITED
REGISTERED NUMBER: 00752606
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024


The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




J E Brewster Esq
Director

Date: 27 February 2025

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
BREWSTER ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Brewster Estates Limited is a private company limited by shares and incorporated in England and Wales. The address of the registered office is Charles Lake House Claire Causeway, Crossways Business Park, Dartford, Kent, United Kingdom, DA2 6QA.
The principal activity of the company during the year continues to be that of estate development. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company relies on the continued support of the Directors and other group and related companies for meeting its day to day working capital requirements. Included within creditors due within one year is an amount of £275,201 owed to a group company. The Directors confirm that these loans will continue to made available to the company for the foreseeable future.
The financial statements have been prepared on a going concern basis, the validity of which depends on sufficient cashflows being achieved and continuing funding being available. The financial statements do not include any adjustments that  would be necessary resulting from a loss of funding.

  
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 
Turnover consists of rental income receivable by the company in respect of freehold property interests and sale on freehold property. 

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
BREWSTER ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
20%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Investment property

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Statement of comprehensive income.

 
2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 4

 
BREWSTER ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 5).

Page 5

 
BREWSTER ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

4.


Tangible fixed assets





Fixed assets

£



Cost or valuation


At 1 June 2023
43,954



At 31 May 2024

43,954



Depreciation


At 1 June 2023
42,442


Charge for the year 
828



At 31 May 2024

43,270



Net book value



At 31 May 2024
684



At 31 May 2023
1,512


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 June 2023
500,000



At 31 May 2024
500,000




Page 6

 
BREWSTER ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

6.


Debtors

2024
2023
£
£


Trade debtors
-
375

Other debtors
1,159
1,159

1,159
1,534



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
644
653



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
4,436

Amounts owed to group undertakings
-
275,201

Other creditors
10
10

Accruals and deferred income
3,959
6,198

3,969
285,845



9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



120,000 Ordinary shares of £1.00 each
120,000
120,000



10.


Related party transactions

Included within other creditors due within one year is an amount due to JHB Investments, the parent company, amounting to £nil (2023 - £275,201)

Page 7

 
BREWSTER ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

11.


Controlling party

JHB Investments Limited is ultimate parent company.  

 
Page 8