REGISTERED NUMBER: 07092805 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BROOMHALL INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J M Brownhill

P L Robinson

REGISTERED OFFICE:

Jenkin Hill House

Horsleygate Lane

Holmesfield

Derbyshire

S18 7WD

REGISTERED NUMBER:

07092805 (England and Wales)

ACCOUNTANTS:

Marriott Gibbs Rees Wallis Limited

Chartered Certified Accountants

First Floor

Unit 4, Broadfield Court

Sheffield

South Yorkshire

S8 0XF

FIXED ASSETS

Investment property

4

2,250,000

2,250,000

CURRENT ASSETS

Debtors

5

538,820

538,722

Cash at bank

12,920

56,476

551,740

595,198

CREDITORS

Amounts falling due within one year

6

752,958

703,878

NET CURRENT LIABILITIES

(201,218

)

(108,680

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,048,782

2,141,320

CREDITORS

Amounts falling due after more than one year

7

(869,743

)

(948,410

)

PROVISIONS FOR LIABILITIES

(57,322

)

(57,322

)

NET ASSETS

1,121,717

1,135,588

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,121,617

1,135,488

1,121,717

1,135,588

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2025 and were signed on its behalf by:

J M Brownhill - Director

1.	STATUTORY INFORMATION

Broomhall Investments 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.	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.

Judgements

The directors have made key assumptions in the determination of the fair value of investment property in respect of the state of the property market in the location where the property is situated and in respect of the range of reasonable fair value estimates of the asset. The valuation of the property at the reporting date is stated in the notes to the accounts.

Turnover

Turnover consists of rental income receivable on property investments in the United Kingdom, exclusive of VAT.

Investment property

Investment property is shown at fair value at each reporting date with changes in fair value recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

2,250,000

NET BOOK VALUE

At 31 December 2024

2,250,000

At 31 December 2023

2,250,000

The historic cost of the investment property included above at a valuation of £2,250,000 was £1,638,173 (2023 - £1,638,173).

The investment property was valued at the balance sheet date by J M Brownhill, a director of the company, who is not a professionally qualified valuer. The fair value has been determined by reference to market factors including evidence of transaction prices for similar property in the location where the property is situated.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

538,820

538,722

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

78,667

78,667

Trade creditors

300,826

300,826

Corporation tax

-

16,558

Other creditors

373,465

307,827

752,958

703,878

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 2-5 years

845,667

924,334

Directors' loan accounts

24,076

24,076

869,743

948,410

8.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

924,334

1,003,001

Bank loans are secured by way of fixed and floating charges over the company's assets, including the investment property.

9.	RELATED PARTY DISCLOSURES

The Trustees of the Flexible Life Interest Trust for J M Brownhill have provided a loan to the company. No interest has been charged on this loan. At the balance sheet date the amount owed to The Flexible Life Interest Trust was £282,998 (2023 - £282,998).