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REGISTERED NUMBER: 04307199 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Brooklands Restaurants Holdings Limited

Brooklands Restaurants Holdings Limited (Registered number: 04307199)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Brooklands Restaurants Holdings Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: K S Obhrai





REGISTERED OFFICE: 173 Cleveland Street
London
W1T 6QR





REGISTERED NUMBER: 04307199 (England and Wales)





ACCOUNTANTS: Shah Dodhia & Co
173 Cleveland Street
London
W1T 6QR

Brooklands Restaurants Holdings Limited (Registered number: 04307199)

Balance Sheet
31 August 2024

2024 2023
Notes £ £ £
FIXED ASSETS
Investments 4 4,608,571 4,425,562

CURRENT ASSETS
Debtors 5 26,125 26,125
NET CURRENT ASSETS 26,125 26,125
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,634,696

4,451,687

PROVISIONS FOR LIABILITIES 26,125 26,125
NET ASSETS 4,608,571 4,425,562

CAPITAL AND RESERVES
Called up share capital 100 100
Share premium 612,703 612,703
Revaluation reserve 3,995,768 3,812,759
Equity reserves 17,814 17,814
Retained earnings (17,814 ) (17,814 )
SHAREHOLDERS' FUNDS 4,608,571 4,425,562

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

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

The director acknowledges his 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 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.

Brooklands Restaurants Holdings Limited (Registered number: 04307199)

Balance Sheet - continued
31 August 2024



The financial statements were approved by the director and authorised for issue on 28 May 2025 and were signed by:





K S Obhrai - Director


Brooklands Restaurants Holdings Limited (Registered number: 04307199)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Brooklands Restaurants Holdings 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. Company's principal activity is that of an investment holding company. It has one subsidiary which operates a hotel in Barnsley.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements were prepared in accordance with Financial Reporting Standard 102, including Section 1A of FRS102 The Financial Reporting Standard applicable in the UK and Ireland ("FRS 102"). The presentation currency of these financial statements is sterling.

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities.

Going concern
The director has no reason to believe that a material uncertainty exists that may cast significant doubt about the ability of the company to continue as a going concern. On the basis of his assessment of the company's subsidiary's financial position, the director has a reasonable expectation that the subsidiary company will be able to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the annual financial statements.

Financial instruments
Investment in subsidiary
Investments in subsidiary company is stated at the net asset values of the subsidiary company which is considered to be their fair values, unless the net asset value is negative, in which case the investment's carrying value is considered to be nil. Differences between the net asset value and historical cost are recognised in other comprehensive income (OCI) in accordance with FRS 102.17.15.E-F, with net revaluation gains recognised in OCI and net revaluation losses in profit and loss to the extent that these are not reversals of previous revaluation gain..

Interest-bearing borrowings classified as basic financial instruments
Borrowings are recognised initially at the present value of future payments discounted at a market rate of interest. Subsequent to initial recognition, borrowings are stated at amortised cost using the effective interest method, less any impairment losses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST OR VALUATION
At 1 September 2023 4,425,562
Revaluations 183,009
At 31 August 2024 4,608,571
NET BOOK VALUE
At 31 August 2024 4,608,571
At 31 August 2023 4,425,562

Brooklands Restaurants Holdings Limited (Registered number: 04307199)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. FIXED ASSET INVESTMENTS - continued

The company owns 100% holding in Brooklands Restaurants Limited, a company incorporated in England and Wales.

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Amounts owed by group undertakings 26,125 26,125

6. CONTINGENT LIABILITIES

The company has given an unlimited guarantee in support of bank facilities provided to certain group undertakings. This is in addition to a first legal charge over the group undertakings land and buildings and debenture in favour of the bank. The bank loan liability of these group undertakings at the balance sheet date was £2.05m (2023: £2.06m).

7. RELATED PARTY DISCLOSURES

As the company is a wholly owned subsidiary of New Barnsley Hotels Ltd, the company has taken advantage of the exemption contained in FRS 102.33 and has therefore not disclosed transactions on balances with entities which form part of the group headed by Chestnut Holdings Ltd.

The directors confirm that there are no other related party transactions other than those disclosed in these financial statements.

8. CONTROLLING PARTY

The immediate parent undertaking is New Barnsley Hotels Ltd, a company incorporated in England and Wales.

The ultimate parent undertaking is Sycamore Ltd, a company registered in Isle of Man.

The ultimate controlling party is The Blue Waters Trust, a trust registered in Isle of Man.