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REGISTERED NUMBER: 04917288 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Brooks Brothers Developments (West
Sussex) Limited

Brooks Brothers Developments (West
Sussex) Limited (Registered number: 04917288)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Brooks Brothers Developments (West
Sussex) Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: R A Brooks
J P Brooks
A P Brooks





SECRETARY: A P Brooks





REGISTERED OFFICE: 5 The Upper Courtyard
Marl Pits Lane
Trudoxhill
Frome
Somerset
BA11 5DL





REGISTERED NUMBER: 04917288 (England and Wales)





ACCOUNTANTS: SO Accounting Limited
Chartered Accountants
5 The Upper Courtyard
Marl Pits Lane
Trudoxhill
Frome
Somerset
BA11 5DL

Brooks Brothers Developments (West
Sussex) Limited (Registered number: 04917288)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 1
Tangible assets 5 23,422 15,223
Investments 6 990 990
Investment property 7 2,887,673 2,887,673
2,912,085 2,903,887

CURRENT ASSETS
Stocks - 15,250
Debtors 8 1,179,796 1,167,384
Cash at bank and in hand 27,769 12,704
1,207,565 1,195,338
CREDITORS
Amounts falling due within one year 9 541,492 348,366
NET CURRENT ASSETS 666,073 846,972
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,578,158

3,750,859

CREDITORS
Amounts falling due after more than
one year

10

(952,003

)

(1,053,378

)

PROVISIONS FOR LIABILITIES (5,856 ) (2,726 )
NET ASSETS 2,620,299 2,694,755

Brooks Brothers Developments (West
Sussex) Limited (Registered number: 04917288)

Balance Sheet - continued
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 198 198
Fair value reserve 11 8,450 8,450
Retained earnings 2,611,651 2,686,107
2,620,299 2,694,755

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 21 August 2025 and were signed on its behalf by:





R A Brooks - Director


Brooks Brothers Developments (West
Sussex) Limited (Registered number: 04917288)

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

1. STATUTORY INFORMATION

Brooks Brothers Developments (West Sussex) 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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.

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 - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


Brooks Brothers Developments (West
Sussex) Limited (Registered number: 04917288)

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

2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 50,000
AMORTISATION
At 1 January 2024 49,999
Charge for year 1
At 31 December 2024 50,000
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 1

Brooks Brothers Developments (West
Sussex) Limited (Registered number: 04917288)

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

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 January 2024 18,057 5,959 7,500 31,516
Additions 15,250 216 - 15,466
At 31 December 2024 33,307 6,175 7,500 46,982
DEPRECIATION
At 1 January 2024 12,291 2,127 1,875 16,293
Charge for year 5,254 607 1,406 7,267
At 31 December 2024 17,545 2,734 3,281 23,560
NET BOOK VALUE
At 31 December 2024 15,762 3,441 4,219 23,422
At 31 December 2023 5,766 3,832 5,625 15,223

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakin
£   
COST
At 1 January 2024
and 31 December 2024 990
NET BOOK VALUE
At 31 December 2024 990
At 31 December 2023 990

7. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024
and 31 December 2024 2,887,673
NET BOOK VALUE
At 31 December 2024 2,887,673
At 31 December 2023 2,887,673

Brooks Brothers Developments (West
Sussex) Limited (Registered number: 04917288)

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

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 89,391 82,710
Other debtors 1,090,405 1,084,674
1,179,796 1,167,384

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 98,707 -
Trade creditors 27,542 19,484
Amounts owed to group undertakings 245,033 205,157
Taxation and social security 46,349 13,252
Other creditors 123,861 110,473
541,492 348,366

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans 952,003 1,053,378

11. RESERVES
Fair
value
reserve
£   
At 1 January 2024
and 31 December 2024 8,450

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24 31.12.23
£    £   
R A Brooks
Balance outstanding at start of year (2,891 ) (3,245 )
Amounts advanced - 354
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (2,891 ) (2,891 )

Brooks Brothers Developments (West
Sussex) Limited (Registered number: 04917288)

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

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

J P Brooks
Balance outstanding at start of year (442 ) (945 )
Amounts advanced - 503
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (442 ) (442 )

A P Brooks
Balance outstanding at start of year (1,250 ) (3,061 )
Amounts advanced - 1,825
Amounts repaid - (14 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,250 ) (1,250 )