BROOKLAWN ESTATES LIMITED


Director	HODARI, Philip Isaac


Company Secretary	SMART SOL SERVICES LTD


Registered Address	15 Carnarvon Street
	Manchester
	M3 1HJ


Registered Number	03314022 (England and Wales)

Balance Sheet as at
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		3,370,000		3,350,000
Investments	4		1,352,103		1,027,103
			4,722,103		4,377,103
Current assets
Debtors		766,877		747,756
Cash at bank and on hand		43,039		77,634
		809,916		825,390
Creditors amounts falling due within one year		(149,413)		(133,349)
Net current assets (liabilities)			660,503		692,041
Total assets less current liabilities			5,382,606		5,069,144
Creditors amounts falling due after one year	5		(3,940,735)		(3,843,336)
Net assets			1,441,871		1,225,808
Capital and reserves
Called up share capital			3		3
Revaluation reserve			216,000		216,000
Profit and loss account			1,225,868		1,009,805
Shareholders' funds			1,441,871		1,225,808

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Director on 21 October 2026, and are signed on its behalf by:

HODARI, Philip Isaac
Director
Registered Company No. 03314022

BROOKLAWN ESTATES LIMITED

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities. The disclosure requirements of section 1A of FRS102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements have been prepared under the historic cost convention, modified to include the revaluation of freehold properties and certain financial instruments at fair value.

Statement of compliance

The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities. The disclosure requirements of section 1A of FRS102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historic cost convention, modified to include the revaluation of freehold properties and certain financial instruments at fair value.

	Judgements and key sources of estimation uncertainty
	In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods

Judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods

	Turnover policy
	Turnover is recognised as the company's share of rental income receivable as well as management fees receivable and property sales. It is shown net of VAT and discounts. Rental income is recognised upon the commencement of a lease. Property sales are recognised upon the signing of a Completion Statement.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Current taxation
	Current tax is recognised in profit or loss. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

	Investments
	Investment property, which is property held to earn rental income and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting date. Changes in fair value are reported in the profit & loss.

	Financial instruments
	Basic financial instruments, including creditors, bank loans, other loans are initially recognised at transaction price. Directors loans and connected party loans (which are repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of cash or consideration expected to be paid or received.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	0		0

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 April 25	3,350,000
	Additions	20,000
	At 31 March 26	3,370,000
	Net book value
	At 31 March 26	3,370,000
	At 31 March 25	3,350,000


	The investment properties are held at the directors valuation as at 31st March 2026.

4.	Fixed asset investments

		Total
		£
	Cost or valuation
	At 01 April 25	1,027,103
	Additions	325,000
	At 31 March 26	1,352,103
	Net book value
	At 31 March 26	1,352,103
	At 31 March 25	1,027,103

5.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	785,822	511,077
Other creditors	3,154,913	3,332,259
Total	3,940,735	3,843,336


	The bank loans are secured by fixed and floating charges over the investment properties.

6.	Other commitments
	On 10 March 2022, the company agreed to a fixed charge with Unity Trust Bank PLC. On 27th March 2025, the company agreed to a fixed charge with Mr Philip Hodari, Mrs Anne Hodari and Arc Trustees who are all trustees of The Anne and Phil Hodari Pension Scheme.

7.	Related party transactions
	The amount due to Mr Philip Hodari, a director of the company, at the year end was £2,829,525 (2025: £2,897,787). This is included within creditors due after more than one year.