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REGISTERED NUMBER: 02481562 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Brockhill Contracts Limited

Brockhill Contracts Limited (Registered number: 02481562)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Brockhill Contracts Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: Mr K W Murfitt
Mrs R J Coles





REGISTERED OFFICE: Lewis House
Great Chesterford Court
Great Chesterford
Essex
CB10 1PF





REGISTERED NUMBER: 02481562 (England and Wales)

Brockhill Contracts Limited (Registered number: 02481562)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 - 6,888
Tangible assets 6 1,934,647 1,919,225
Investment property 7 275,000 275,000
2,209,647 2,201,113

CURRENT ASSETS
Debtors 8 85,628 103,427
Cash at bank 407,034 584,297
492,662 687,724
CREDITORS
Amounts falling due within one year 9 37,298 103,143
NET CURRENT ASSETS 455,364 584,581
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,665,011

2,785,694

PROVISIONS FOR LIABILITIES 78,752 83,255
NET ASSETS 2,586,259 2,702,439

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 10 48,191 48,191
Retained earnings 2,538,066 2,654,246
2,586,259 2,702,439

Brockhill Contracts Limited (Registered number: 02481562)

Balance Sheet - continued
31 October 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2025 and were signed on its behalf by:





Mr K W Murfitt - Director


Brockhill Contracts Limited (Registered number: 02481562)

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


1. STATUTORY INFORMATION

Brockhill Contracts 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.

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


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Farming entitlements have been amortised fully in the year as they hold no value.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value
of each asset over its estimated useful life.

Land - not depreciated as it is considered to have an indefinite useful life.
Plant and machinery etc - 25% on reducing balance and 15% 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.

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instruments.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes, in effect, a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.


Brockhill Contracts Limited (Registered number: 02481562)

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


3. ACCOUNTING POLICIES - continued
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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

5. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 November 2023
and 31 October 2024 8,266
AMORTISATION
At 1 November 2023 1,378
Charge for year 6,888
At 31 October 2024 8,266
NET BOOK VALUE
At 31 October 2024 -
At 31 October 2023 6,888

Brockhill Contracts Limited (Registered number: 02481562)

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


6. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2023 1,481,043 616,329 2,097,372
Additions - 140,423 140,423
Disposals - (59,500 ) (59,500 )
At 31 October 2024 1,481,043 697,252 2,178,295
DEPRECIATION
At 1 November 2023 - 178,147 178,147
Charge for year - 82,013 82,013
Eliminated on disposal - (16,512 ) (16,512 )
At 31 October 2024 - 243,648 243,648
NET BOOK VALUE
At 31 October 2024 1,481,043 453,604 1,934,647
At 31 October 2023 1,481,043 438,182 1,919,225

7. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023
and 31 October 2024 275,000
NET BOOK VALUE
At 31 October 2024 275,000
At 31 October 2023 275,000

Fair value at 31 October 2024 is represented by:
£   
Valuation in 2023 64,255
Cost 210,745
275,000

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

2024 2023
£    £   
Cost 210,745 210,745

The investment property was valued on an open market basis on 31 October 2024 by the directors of the company .

Brockhill Contracts Limited (Registered number: 02481562)

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


8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 8,542 10,029
Other debtors 77,086 93,398
85,628 103,427

Included within other debtors disclosed above is a balance of £nil (2023 - £121) in relation to prepayments, a balance of £10,965 (2023 - £15,619) in relation to VAT, a balance of £31,445 (2023 - £45,369) in relation to farm valuation, a balance of £2,660 (2023 - £nil) in relation to tax and a balance of £32,016 (2023 - £32,289) in relation to other debtors.

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 20,824 44,519
Taxation and social security - 3,548
Other creditors 16,474 55,076
37,298 103,143

Included within other creditors disclosed above is a balance of £1,103 (2023 - £46,127) in relation to accruals and a balance of £15,371 (2023 - £8,949) in relation to the directors loan account.

10. RESERVES
Revaluation
reserve
£   
At 1 November 2023
and 31 October 2024 48,191