Brook Group (Holdings) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04024011 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BROOK GROUP (HOLDINGS) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T N Gledhill

S L Gledhill

R M Gledhill

REGISTERED OFFICE:

Two Acres

New Road

Holmfirth

West Yorkshire.

HD9 3XX

REGISTERED NUMBER:

04024011 (England and Wales)

ACCOUNTANTS:

Walter Dawson & Son

Chartered Accountants

First Floor Offices, Unit A4

Old Power Way

Lowfields Business Park

Elland

HX5 9DE

FIXED ASSETS

Property, plant and equipment

4

3,157,740

4,185,756

Investments

5

55,308

55,253

3,213,048

4,241,009

CURRENT ASSETS

Inventories

-

83,100

Debtors

6

8,302,680

3,841,230

Cash at bank and in hand

6,681

114,141

8,309,361

4,038,471

CREDITORS

Amounts falling due within one year

7

3,064,363

249,813

NET CURRENT ASSETS

5,244,998

3,788,658

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,458,046

8,029,667

PROVISIONS FOR LIABILITIES

16,266

12,145

NET ASSETS

8,441,780

8,017,522

CAPITAL AND RESERVES

Called up share capital

109,743

Revaluation reserve

1,126,476

Profit and loss account

7,205,561

6,781,303

8,441,780

8,017,522

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 30 September 2025 and were signed on its behalf by:

T N Gledhill - Director

1.	STATUTORY INFORMATION

Brook Group (Holdings) 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 as modified by the revaluation of certain assets.

Turnover

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

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

-

25% on reducing balance

Stocks

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

Financial instruments

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

Basic financial instruments are initially recognised at the transaction price.

Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

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.

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.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Investment properties

Investment property, being property held to earn rentals or for capital appreciation or both, is measured initially at cost, which includes purchase price and any directly attributable expenditure.

Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Freehold

Long

Plant and

and

property

leasehold

machinery

fittings

Totals

£

COST

At 1 January 2024

3,036,153

1,103,415

890,659

2,023

5,032,250

Additions

66,275

-

36,371

-

102,646

Disposals

(1,113,168

)

-

(21,500

)

-

(1,134,668

)

At 31 December 2024

1,989,260

1,103,415

905,530

2,023

4,000,228

DEPRECIATION

At 1 January 2024

-

845,161

1,333

846,494

Charge for year

-

16,641

172

16,813

Eliminated on disposal

-

(20,819

)

-

(20,819

)

At 31 December 2024

-

840,983

1,505

842,488

NET BOOK VALUE

At 31 December 2024

1,989,260

1,103,415

64,547

518

3,157,740

At 31 December 2023

3,036,153

1,103,415

45,498

690

4,185,756

Properties are classified as investment properties and carry no depreciation. Investment properties are stated at open market value as determined by the directors. The value of Investment properties on a historical cost basis would be £2,604,892.

5.	FIXED ASSET INVESTMENTS

Interest

in other

participating

Listed

interests

investments

Totals

£

COST OR VALUATION

At 1 January 2024

50,100

5,153

55,253

Additions

-

55

At 31 December 2024

50,100

5,208

55,308

NET BOOK VALUE

At 31 December 2024

50,100

5,208

55,308

At 31 December 2023

50,100

5,153

55,253

Cost or valuation at 31 December 2024 is represented by:

Interest

in other

participating

Listed

interests

investments

Totals

£

Valuation in 2021

-

5,153

Cost

50,100

55

50,155

50,100

5,208

55,308

Listed investments are stated at valuation, the historic cost equivalent of which is £4,149.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade debtors

49,619

94,454

Other debtors

8,253,061

3,746,776

8,302,680

3,841,230

Other debtors includes the following £8,211,110 (2023: £3,456,214) owed by an entity in which a participating interest is held by a member of key management personnel in the company.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade creditors

20,030

12,035

Amounts owed to associates

81,324

3,692

Taxation and social security

94,916

173,886

Other creditors

2,868,093

60,200

3,064,363

249,813

8.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the pension scheme are held separately from those of the company in an independently administered fund. The pension cost represents contributions payable by the company to the fund and amounted to £nil (2024: £80,000).

9.	RELATED PARTY DISCLOSURES

At the year end the company held an other debtor balance of £8,131,836 (2024 : £3,711,204). These balances are in relation to companies in which a director is also a director and majority shareholder. During the year monies were transferred between the companies.