Company Registration No. 12111475 (England and Wales)
BROOD HOSPITALITY LTD
Unaudited accounts
for the year ended 31 July 2024
BROOD HOSPITALITY LTD
Unaudited accounts
Contents
BROOD HOSPITALITY LTD
Company Information
for the year ended 31 July 2024
Director
Merlin Timothy Osip LABRON-JOHNSON
Company Number
12111475 (England and Wales)
Registered Office
35 HIGH ST
HIGH STREET
BRUTON
SOMERSET
BA10 0AH
ENGLAND
Accountants
Addition Financial Limited
The Office Group
1 Lyric Square
Hammersmith
London
W6 0NB
BROOD HOSPITALITY LTD
Statement of financial position
as at 31 July 2024
Tangible assets
2,912,201
1,822,532
Cash at bank and in hand
9,692
24,232
Creditors: amounts falling due within one year
(604,290)
(660,244)
Net current liabilities
(430,586)
(559,334)
Total assets less current liabilities
2,481,615
1,263,198
Creditors: amounts falling due after more than one year
(960,798)
(764,017)
Net assets
1,520,817
499,181
Called up share capital
(9,939)
1
Share premium
1,159,940
125,000
Profit and loss account
370,816
374,180
Shareholders' funds
1,520,817
499,181
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 April 2025 and were signed on its behalf by
Merlin Timothy Osip LABRON-JOHNSON
Director
Company Registration No. 12111475
BROOD HOSPITALITY LTD
Notes to the Accounts
for the year ended 31 July 2024
BROOD HOSPITALITY LTD is a private company, limited by shares, registered in England and Wales, registration number 12111475. The registered office is 35 HIGH ST, HIGH STREET, BRUTON, SOMERSET, BA10 0AH, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2023
1,814,354
-
12,990
3,974
1,831,318
Additions
-
1,002,631
92,468
-
1,095,099
At 31 July 2024
1,814,354
1,002,631
105,458
3,974
2,926,417
At 1 August 2023
-
-
5,186
3,600
8,786
Charge for the year
-
795
4,261
374
5,430
At 31 July 2024
-
795
9,447
3,974
14,216
At 31 July 2024
1,814,354
1,001,836
96,011
-
2,912,201
At 31 July 2023
1,814,354
-
7,804
374
1,822,532
BROOD HOSPITALITY LTD
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Trade debtors
32,164
9,145
Accrued income and prepayments
233
35,709
Other debtors
14,261
19,228
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
169,530
377,516
Trade creditors
398,635
120,042
Taxes and social security
-
77,858
Other creditors
5,627
6,035
Deferred income
30,498
47,276
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
875,859
676,077
Loans from directors
84,939
87,940
8
Average number of employees
During the year the average number of employees was 24 (2023: 26).