Brockley Wood Ventures Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 12231501 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2024

for

BROCKLEY WOOD VENTURES LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Directors:

Mr D G Carter

Mr S R Carter

Mr A R Ingram

Mr G T Ingram

Mr M T Ingram

Registered office:

Copdock Enterprise Park

Old London Road

Copdock

Suffolk

IP8 3JW

Registered number:

12231501 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

New Derwent House

69-73 Theobalds Road

London

WC1X 8TA

Fixed assets

Tangible assets

4

1,289

4,665

Current assets

Debtors

5

1,188,788

1,350,000

Cash at bank

79,916

19,587

1,268,704

1,369,587

Creditors

Amounts falling due within one year

6

1,322,063

895,695

Net current (liabilities)/assets

(53,359

)

473,892

Total assets less current liabilities

(52,070

)

478,557

Provisions for liabilities

7

322

886

Net (liabilities)/assets

(52,392

)

477,671

Capital and reserves

Called up share capital

8

100

Retained earnings

(52,492

)

477,571

Shareholders' funds

(52,392

)

477,671

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 June 2025 and were signed on its behalf by:

Mr D G Carter - Director

1.	Statutory information

Brockley Wood Ventures Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company.

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

-

Straight line over 3 years

Office equipment & furniture

-

20% on cost

Freehold land and property are held at fair value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	Employees and directors

The average number of employees during the year was 5 (2023 - 5 ) .

4.	Tangible fixed assets

Office

Plant and

equipment &

machinery

furniture

Totals

£

Cost

At 1 October 2023

25,000

8,548

33,548

Disposals

(20,000

)

-

(20,000

)

At 30 September 2024

5,000

8,548

13,548

Depreciation

At 1 October 2023

23,333

5,550

28,883

Charge for year

1,667

1,709

3,376

Eliminated on disposal

(20,000

)

-

(20,000

)

At 30 September 2024

5,000

7,259

12,259

Net book value

At 30 September 2024

-

1,289

At 30 September 2023

1,667

2,998

4,665

5.

Debtors: amounts falling due within one year

2024

2023

£

Trade debtors

13,788

-

Other debtors

1,175,000

1,350,000

1,188,788

1,350,000

6.

Creditors: amounts falling due within one year

2024

2023

£

Trade creditors

26,023

3,495

Taxation and social security

19,171

50,656

Other creditors

1,276,869

841,544

1,322,063

895,695

7.	Provisions for liabilities

2024

2023

£

Deferred tax

322

886

Deferred tax

£

Balance at 1 October 2023

886

Provided during year

(564

)

Balance at 30 September 2024

322

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

50

CSH

£1

50

EWD

£1

50

100

9.	Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

2024

2023

£

Mr D G Carter

Balance outstanding at start of year

(20,625

)

(50,000

)

Amounts repaid

-

29,375

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(20,625

)

(20,625

)

Mr S R Carter

Balance outstanding at start of year

(20,625

)

(50,000

)

Amounts repaid

-

29,375

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(20,625

)

(20,625

)