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REGISTERED NUMBER: 08096173 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BROOMGROVE PROPERTIES LIMITED

BROOMGROVE PROPERTIES LIMITED (REGISTERED NUMBER: 08096173)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BROOMGROVE PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Mr S S Choker
Mr C S Choker
Mr A Choker





REGISTERED OFFICE: 20 Hallamgate Road
Sheffield
South Yorkshire
S10 2NH





REGISTERED NUMBER: 08096173 (England and Wales)





ACCOUNTANTS: Sutton McGrath Hartley Limited
5 Westbrook Court
Sharrowvale Road
Sheffield
S11 8YZ

BROOMGROVE PROPERTIES LIMITED (REGISTERED NUMBER: 08096173)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 27,269 34,086
Investments 5 2 2
Investment property 6 18,870,134 18,843,299
18,897,405 18,877,387

CURRENT ASSETS
Debtors 7 114,336 287,894
Cash at bank 177,081 156,666
291,417 444,560
CREDITORS
Amounts falling due within one year 8 (762,393 ) (643,798 )
NET CURRENT LIABILITIES (470,976 ) (199,238 )
TOTAL ASSETS LESS CURRENT LIABILITIES 18,426,429 18,678,149

CREDITORS
Amounts falling due after more than one
year

9

(4,201,600

)

(5,458,263

)

PROVISIONS FOR LIABILITIES (448,932 ) (448,932 )
NET ASSETS 13,775,897 12,770,954

CAPITAL AND RESERVES
Called up share capital 1 1
Revaluation reserve 10 1,756,651 1,756,651
Retained earnings 12,019,245 11,014,302
13,775,897 12,770,954

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

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.

BROOMGROVE PROPERTIES LIMITED (REGISTERED NUMBER: 08096173)

BALANCE SHEET - continued
31 DECEMBER 2024


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 Board of Directors and authorised for issue on 8 March 2025 and were signed on its behalf by:





Mr S S Choker - Director


BROOMGROVE PROPERTIES LIMITED (REGISTERED NUMBER: 08096173)

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

1. STATUTORY INFORMATION

Broomgrove Properties 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.

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 as modified by the revaluation of certain assets.

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 - 20% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

BROOMGROVE PROPERTIES LIMITED (REGISTERED NUMBER: 08096173)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024
and 31 December 2024 42,638
DEPRECIATION
At 1 January 2024 8,552
Charge for year 6,817
At 31 December 2024 15,369
NET BOOK VALUE
At 31 December 2024 27,269
At 31 December 2023 34,086

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2024
and 31 December 2024 2
NET BOOK VALUE
At 31 December 2024 2
At 31 December 2023 2

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 18,843,299
Additions 26,835
At 31 December 2024 18,870,134
NET BOOK VALUE
At 31 December 2024 18,870,134
At 31 December 2023 18,843,299

BROOMGROVE PROPERTIES LIMITED (REGISTERED NUMBER: 08096173)

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

6. INVESTMENT PROPERTY - continued

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2018 2,636,843
Cost 16,233,291
18,870,134

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 12,229,525 12,229,525
Aggregate depreciation (733,770 ) (611,475 )

Investment property was valued on an open market basis on 31 December 2024 by the directors .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 38,400 54,301
Other debtors 75,936 233,593
114,336 287,894

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 223,615 84,754
Trade creditors 9,721 12,624
Taxation and social security 337,917 200,471
Other creditors 191,140 345,949
762,393 643,798

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1,217,263
Other creditors 4,201,600 4,241,000
4,201,600 5,458,263

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 878,248

BROOMGROVE PROPERTIES LIMITED (REGISTERED NUMBER: 08096173)

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

10. RESERVES
Revaluation
reserve
£   
At 1 January 2024
and 31 December 2024 1,756,651