BROOK VENT HOLDINGS LIMITED

Company Registration Number:
NI057022 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

BROOK VENT HOLDINGS LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2024

Balance sheet
Notes

BROOK VENT HOLDINGS LIMITED

Balance sheet

As at 31 October 2024


Notes

2024

2023


£

£
Fixed assets
Investments: 3 6,000,000 6,000,000
Total fixed assets: 6,000,000 6,000,000
Current assets
Cash at bank and in hand: 10,095 32,903
Total current assets: 10,095 32,903
Creditors: amounts falling due within one year: 4 (251,008) (423,021)
Net current assets (liabilities): (240,913) (390,118)
Total assets less current liabilities: 5,759,087 5,609,882
Creditors: amounts falling due after more than one year:   (4,107,957) (4,097,388)
Total net assets (liabilities): 1,651,130 1,512,494
Capital and reserves
Called up share capital: 85 85
Share premium account: 529,430 529,430
Other reserves: 17 17
Profit and loss account: 1,121,598 982,962
Shareholders funds: 1,651,130 1,512,494

The notes form part of these financial statements

BROOK VENT HOLDINGS LIMITED

Balance sheet statements

For the year ending 31 October 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 July 2025
and signed on behalf of the board by:

Name: Mr D Gormley
Status: Director

The notes form part of these financial statements

BROOK VENT HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

BROOK VENT HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

2. Employees

2024 2023
Average number of employees during the period 5 5

BROOK VENT HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Fixed investments

The investments in subsidiaries were revalued downwards by £7,587,206 during the year ended 31 October 2010 and by £4,283,504 in the year ended 31 October 2015.

BROOK VENT HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Creditors: amounts falling due within one year note

Barclays Bank Plc , by a charge dated 7 July 2016, holds: - a legal charge over Brook House, Dunmurry Industrial Estate, Belfast; - a debenture over the four group companies: Brook Vent Holdings Limited, Brook Vent Manufacturing Limited, Brook Design Hardware Limited and Brook Plastics & Engineering Limited, with a full cross guarantee structure. NI Growth Fund II LP hold a fixed and floating charge over the property or undertaking of the company. Upstream Trade Finance Limited and Upstream Working Capital Ltd created fixed and floating charges over the property or undertaking of the company on 25 June 2024.

BROOK VENT HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Related party transactions

Name of the related party: Brook Design Hardware Limited
Relationship:
Subsidiary
Description of the Transaction: Brook Design Hardware Limited provided an interest free loan to the company. At the year end Brook Vent Holdings Limited owed Brook Design Hardware a total of £2,361,107 (2023: £2,364,470). During the year, Brook Vent Holdings Limited charged Brook Design Hardware Limited management charges of £844,063 (2023: £762,993).
£
Balance at 01 November 2023 2,364,470
Balance at 31 October 2024 2,361,107