ACCOUNTS - Final Accounts preparation

During the year, the land was revalued using MRICS qualified surveyors at the request of the directors.

If the land and buildings had not been included at valuation they would have been included under the historical cost convention as follows:

Registered number: 00034195

BROOKWOOD PARK LIMITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED

31 MARCH 2025

01483 755 399

hamlyns.com

BROOKWOOD PARK LIMITED

REGISTERED NUMBER: 00034195

BALANCE SHEET

AS AT 31 MARCH 2025

		2025		2024
		£		£

Fixed assets
Tangible assets	4		6,163,710		6,823,556
Investments	5		1		1
			6,163,711		6,823,557
Current assets
Stocks		134,381		268,762
Debtors: amounts falling due after more than one year	6	2,768,844		-
Debtors: amounts falling due within one year	6	79,713		42,125
Cash at bank and in hand	7	474,135		404,096
		3,457,073		714,983
Creditors: amounts falling due within one year	8	(199,053)		(196,392)
Net current assets			3,258,020		518,591
Total assets less current liabilities			9,421,731		7,342,148
Creditors: amounts falling due after more than one year	9		(5,861,293)		(3,368,911)
Provisions for liabilities
Deferred tax	10	(620,809)		(658,610)
			(620,809)		(658,610)
Net assets			2,939,629		3,314,627

Capital and reserves
Called up share capital	60,120	60,120
Revaluation reserve	2,663,722	3,091,820
Profit and loss account	215,787	162,687
	2,939,629	3,314,627

Page 1

BROOKWOOD PARK LIMITED

REGISTERED NUMBER: 00034195

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2025

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 10 December 2025.

___________________________

Christopher William Reid

Director

The notes on pages 4 to 12 form part of these financial statements.

Page 2

BROOKWOOD PARK LIMITED

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 MARCH 2025

	Called up share capital	Revaluation reserve	Profit and loss account	Total equity
	£	£	£	£
At 1 January 2023	60,120	3,091,820	(878,651)	2,273,289
Comprehensive income for the period
Profit for the period	-	-	1,041,338	1,041,338
Other comprehensive income for the period	-	-	-	-
Total comprehensive income for the period	-	-	1,041,338	1,041,338

At 1 April 2024	60,120	3,091,820	162,687	3,314,627
Comprehensive income for the year
Profit for the year	-	-	53,100	53,100
Deficit on revaluation of freehold land	-	(428,098)	-	(428,098)
Other comprehensive income for the year	-	(428,098)	-	(428,098)
Total comprehensive income for the year	-	(428,098)	53,100	(374,998)
At 31 March 2025	60,120	2,663,722	215,787	2,939,629

The notes on pages 4 to 12 form part of these financial statements.

Page 3

BROOKWOOD PARK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Brookwood Park Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 00034195 and registered office address is located at The St Botolph Building, 138 Houndsditch London, EC3A 7AR.

During the prior year the company extended its accounting period to match that of its parent company, as such the figures are not comparable.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Exemption from preparing consolidated financial statements

The Company is a parent company that is also a subsidiary included in the consolidated financial statements of a larger group by a parent undertaking established under the law of any part of the United Kingdom and is therefore exempt from the requirement to prepare consolidated financial statements under section 400 of the Companies Act 2006.

2.3

Going concern

The Directors of Brookwood Park Limited believe that the company can continue as a going concern.
We have taken steps to ensure that the company can continue to operate within its means, including producing a five-year business plan and a cash projection forecast for the 2025/26 financial year. The company will continue to explore the potential to reduce its operating costs, manage capital investment and identify additional revenue sources.
Despite the position of our ultimate parent company, Woking Borough Council, we are confident that these measures will enable us to ensure that any expenditure incurred can be met from revenue generated.

2.4

Revenue

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and discounts.
Funerals, memorials commission and other income is usually recognised at the point at which the service or burial takes place.
Maintenance income, relating to the upkeep of individual burial plots, is recognised at the point at which the maintenance work is completed.
Reserved allotments income, relating to the reservation of specific burial plots and mausoleum chambers, is recognised at the point at which the reservation is made.

Page 4

BROOKWOOD PARK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.5

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the statement of comprehensive income in the same period as the related expenditure.

2.6

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

2.8

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Page 5

BROOKWOOD PARK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line, and reducing balance method.

Depreciation is provided on the following basis:

Freehold land	-		Not depreciated
Plant and machinery	-	15%	Reducing balance
Motor vehicles	-	20%	Reducing balance
Fixtures and fittings	-	15%	Reducing balance
Office equipment	-	25%	Reducing balance
Infrastructure	-		Straight line over 50 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.10

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

2.11

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.12

Stocks

Included within stock are mausoleum chambers and burial plots. Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 6

BROOKWOOD PARK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.13

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.14

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.15

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.16

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

Employees

The average monthly number of employees, including directors, during the year was 8 (2024 - 10).

Page 7

BROOKWOOD PARK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

4.	Tangible fixed assets

	Freehold land	Plant and machinery	Motor vehicles	Fixtures and fittings	Office equipment
	£	£	£	£	£
Cost or valuation
At 1 April 2024	3,175,000	118,314	7,995	433,375	12,931
Disposals	-	-	-	-	-
Revaluations	(428,098)	-	-	-	-
At 31 March 2025	2,746,902	118,314	7,995	433,375	12,931
Depreciation
At 1 April 2024	-	79,364	5,245	317,123	10,690
Charge for the year on owned assets	-	5,842	550	17,438	560
Disposals	-	-	-	-	-
At 31 March 2025	-	85,206	5,795	334,561	11,250
Net book value
At 31 March 2025	2,746,902	33,108	2,200	98,814	1,681
At 31 March 2024	3,175,000	38,950	2,750	116,252	2,241

Page 8

BROOKWOOD PARK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

4.Tangible fixed assets (continued)

	Other fixed assets	Total
	£	£
Cost or valuation
At 1 April 2024	3,879,821	7,627,436
Disposals	(151,699)	(151,699)
Revaluations	-	(428,098)
At 31 March 2025	3,728,122	7,047,639
Depreciation
At 1 April 2024	391,458	803,880
Charge for the year on owned assets	71,379	95,769
Disposals	(15,720)	(15,720)
At 31 March 2025	447,117	883,929
Net book value
At 31 March 2025	3,281,005	6,163,710
At 31 March 2024	3,488,363	6,823,556

Cost or valuation at 31 March 2025 is as follows:

			Land and buildings
			£

		At cost	83,180
		At valuation:
		2025 Savills UK PLC	2,663,722

			2,746,902


Cost	83,180	83,180
Net book value	83,180	83,180

Page 9

BROOKWOOD PARK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

5.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 April 2024	1
	At 31 March 2025	1

6.	Debtors
		2025	2024
		£	£

Due after more than one year
Amounts owed by group undertakings	2,768,844	-
	2,768,844	-

					2025	2024
					£	£

Due within one year
Trade debtors	13,490	33,027
Amounts owed by group undertakings	31,156	-
Other debtors	27,558	920
Prepayments and accrued income	7,509	8,178
	79,713	42,125

7.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	474,135	404,096
	474,135	404,096

Page 10

BROOKWOOD PARK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Trade creditors	6,363	2,564
Amounts owed to group undertakings	26,837	41,624
Other taxation and social security	-	40,583
Other creditors	5,352	7,749
Accruals and deferred income	160,501	103,872
	199,053	196,392

Accruals and deferred income	5,861,293	3,368,911
	5,861,293	3,368,911

Barclays Bank PLC has a floating charge covering all the property or undertakings of the company dated 19th May 2014.
Limited guarantee given by Mr Ramadan Hussein Guney for GBP 5,000.00 dated 27th October 1999.

10.	Deferred taxation

		2025
		£

	At beginning of year	(658,610)
	Utilised in year	37,801
	At end of year	(620,809)

The provision for deferred taxation is made up as follows:
	2025	2024
	£	£

	Accelerated capital allowances	(620,809)	(658,610)
		(620,809)	(658,610)

Page 11

BROOKWOOD PARK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

11.	Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £18,113 (2024 - £23,830).
No Contributions were payable to the fund at the balance sheet date.

12.	Related party transactions
	At the balance sheet date £26,837 (2024: £41,463) was due to the ultimate parent company from trade relationships, with £2,800,000 (2024: £NIL) due from the ultimate parent entity. Total purchases in the year with the ultimate parent company totalled £162,925 (2024: £189,456) with purchases of £10,023 (2024: £15,144) to a related company.

13.	Controlling party

The smallest group in which they are consolidated is that headed by Woking Necropolis and Mausoleum Limited incorporated in England and Wales, these are not publically available.
The largest group in which the results of the company are consolidated is that headed by Woking Borough Council, the ultimate parent entity established in England and Wales and the consolidated fianncial statements can be located at Civic Offices, Gloucester Square, Woking, Surrey, GU21 6YL.

14.	Auditors' information

The auditors' report on the financial statements for the year ended 31 March 2025 was unqualified.

The audit report was signed on 12 December 2025 by Oliver Spevack (senior statutory auditor) on behalf of Hamlyns Limited.

Page 12