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Company No: 13642072 (England and Wales)

BRACKEN GROUP HOLDINGS LIMITED

Unaudited Financial Statements
For the financial year ended 30 September 2024
Pages for filing with the registrar

BRACKEN GROUP HOLDINGS LIMITED

Unaudited Financial Statements

For the financial year ended 30 September 2024

Contents

BRACKEN GROUP HOLDINGS LIMITED

BALANCE SHEET

As at 30 September 2024
BRACKEN GROUP HOLDINGS LIMITED

BALANCE SHEET (continued)

As at 30 September 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 551,542 100
551,542 100
Current assets
Debtors 4 5,469,650 781,100
Cash at bank and in hand 10,705,831 15,502,345
16,175,481 16,283,445
Creditors: amounts falling due within one year 5 ( 121,098) ( 61,854)
Net current assets 16,054,383 16,221,591
Total assets less current liabilities 16,605,925 16,221,691
Net assets 16,605,925 16,221,691
Capital and reserves
Called-up share capital 200 200
Profit and loss account 16,605,725 16,221,491
Total shareholders' funds 16,605,925 16,221,691

For the financial year ending 30 September 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Bracken Group Holdings Limited (registered number: 13642072) were approved and authorised for issue by the Board of Directors on 28 March 2025. They were signed on its behalf by:

G R Taylor
Director
BRACKEN GROUP HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2024
BRACKEN GROUP HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Bracken Group Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption in section 399 of the Companies Act 2006 not to prepare consolidated accounts, because the group it heads qualifies as small. The financial statements present information about the Company as an individual entity only.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through the Statement of Income and Retained Earnings. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 3 3

3. Fixed asset investments

Investments in subsidiaries

2024
£
Cost
At 01 October 2023 100
At 30 September 2024 100
Carrying value at 30 September 2024 100
Carrying value at 30 September 2023 100

Listed investments Total
£ £
Cost or valuation before impairment
At 01 October 2023 0 0
Additions 833,490 833,490
Disposals ( 299,394) ( 299,394)
Movement in fair value 17,346 17,346
At 30 September 2024 551,442 551,442
Carrying value at 30 September 2024 551,442 551,442
Carrying value at 30 September 2023 0 0

The fair value of listed investments was determined with reference to the quoted market price at the reporting date. The cost of the shares on acquisition was £534,095.

Investments in shares

Name of entity Registered office Principal activity Class of
shares
Ownership
30.09.2024
Ownership
30.09.2023
Held
Bracken Developments Limited Towngate House, 2-8 Parkstone Road, Poole, Dorset, BH15 2PW Property development Ordinary A and Ordinary B 100.00% 100.00% Direct

4. Debtors

2024 2023
£ £
Amounts owed by Group undertakings 5,469,550 781,000
Other debtors 100 100
5,469,650 781,100

5. Creditors: amounts falling due within one year

2024 2023
£ £
Corporation tax 120,148 60,904
Other creditors 950 950
121,098 61,854