Brockett Investment Company Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 00353791

Brockett Investment Company Limited

Filleted Unaudited Financial Statements

31 March 2025

Brockett Investment Company Limited

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	6	1,750,000	1,750,000
Investments	7	16,694	17,311
		------------	------------
		1,766,694	1,767,311

Current assets

Debtors	8	18,159	18,750
Related Party Loan	9	145,000	145,000
Cash at bank and in hand		105,094	70,036
		---------	---------
		268,253	233,786

Creditors: amounts falling due within one year	10	274,287	248,517
		---------	---------
Net current liabilities		6,034	14,731
		------------	------------
Total assets less current liabilities		1,760,660	1,752,580

Provisions	237,602	237,602
	------------	------------
Net assets	1,523,058	1,514,978
	------------	------------

Capital and reserves

Called up share capital	1,000	1,000
Profit and loss account	1,522,058	1,513,978
	------------	------------
Shareholders funds	1,523,058	1,514,978
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Brockett Investment Company Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 11 November 2025 , and are signed on behalf of the board by:

J W Ransom

Director

Company registration number: 00353791

Brockett Investment Company Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 436 Hook Road, Chessington, Surrey.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Investment properties

Investment Properties at an original cost of £586,509 have been included at fair value of £1,750,000 the difference between Cost and Fair Value being transferred to a Revaluation Reserve, which under FRS 102 is then transferred to Profit and Loss account, but not available for distribution. Valuation was made by Chartered Surveyors, Boyce Thornton as at 31st March 2023 and future valuations will be not less than every 5 years. Provision has been made for Deferred Taxation that might arise on the disposal of Properties at Fair Value.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 8 (2024: 8 ).

5. Tax on profit

Major components of tax expense

	2025	2024
	£	£

Current tax:

UK current tax expense	11,619	–

Deferred tax:

Origination and reversal of timing differences	–	57,024
	--------	--------
Tax on profit	11,619	57,024
	--------	--------

6. Tangible assets

	Freehold property
	£
Valuation
At 1 April 2024 and 31 March 2025	1,750,000
	------------
Depreciation
At 1 April 2024 and 31 March 2025	–
	------------
Carrying amount
At 31 March 2025	1,750,000
	------------
At 31 March 2024	1,750,000
	------------

7. Investments

	Shares in group undertakings
	£
Cost
At 1 April 2024	17,311
Disposals	( 617)
	--------
At 31 March 2025	16,694
	--------
Impairment
At 1 April 2024 and 31 March 2025	–
	--------

Carrying amount
At 31 March 2025	16,694
	--------
At 31 March 2024	17,311
	--------

15,026 Ordinary 5p Shares are held in Norsette Investment Company Limited - 50.07% holding - with a cost of £16,694 (2024 - £17,311). The aggregate Capital and Reserves of Norsette Investment Company Limited at 31st March 2025 was £7,866,006 (2024 - £7,730,073) and the Profit for the year before Taxation was £323,506 (2024 - £181,791).

8. Debtors

	2025	2024
	£	£
Related Parties	13,372	13,963
Other debtors	4,787	4,787
	--------	--------
	18,159	18,750
	--------	--------

9. Related party loan

	2025	2024
	£	£
Loan to L H Development Co. Ltd	145,000	145,000
	---------	---------

10. Creditors: amounts falling due within one year

	2025	2024
	£	£
Related Party	237,521	234,760
Corporation tax	11,619	–
Pre-paid Rents	12,887	8,837
Other creditors	12,260	4,920
	---------	---------
	274,287	248,517
	---------	---------

11. Related party transactions

Related Parties are: L.H. Ransom Limited and Norsette Investment Company Limited. They provide Management Services and two of L H Ransom Limited's Directors are Directors of both Companies, Shareholders and are related to other Shareholders of Brockett Investment Co. Limited. management Services totalled £8,949 (2024: £5,597) within the year. The Related Party Loan is to L H Development Co. Ltd. The company is related as it is under common control. The Loan is interest free and repayable on demand as is the Loan from the Group Company.