Brooke Homes Developments Limited - Accounts to registrar (filleted) - small 18.2
Brooke Homes Developments Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 29 JUNE 2019 |
| FOR |
| BROOKE HOMES DEVELOPMENTS LIMITED |
| BROOKE HOMES DEVELOPMENTS LIMITED (REGISTERED NUMBER: 05399298) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 29 JUNE 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| BROOKE HOMES DEVELOPMENTS LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 29 JUNE 2019 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 260 - 270 Butterfield |
| Great Marlings |
| Luton |
| Bedfordshire |
| LU2 8DL |
| BROOKE HOMES DEVELOPMENTS LIMITED (REGISTERED NUMBER: 05399298) |
| BALANCE SHEET |
| 29 JUNE 2019 |
| 2019 | 2018 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks | 5 |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | 9 |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | (3,039,640 | ) | (3,216,516 | ) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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. |
| BROOKE HOMES DEVELOPMENTS LIMITED (REGISTERED NUMBER: 05399298) |
| BALANCE SHEET - continued |
| 29 JUNE 2019 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on |
| BROOKE HOMES DEVELOPMENTS LIMITED (REGISTERED NUMBER: 05399298) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 29 JUNE 2019 |
| 1. | STATUTORY INFORMATION |
| Brooke Homes Developments Limited is a |
| 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 |
| Turnover |
| Turnover 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 |
| Improvements to property | - |
| Fixtures and fittings | - |
| Office equipment | - |
| Investments in associates |
| Investments in associate undertakings are recognised at cost. |
| Stock |
| Work in progress is valued at the lower of cost and estimated selling price less costs to complete and sell. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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. |
| BROOKE HOMES DEVELOPMENTS LIMITED (REGISTERED NUMBER: 05399298) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 29 JUNE 2019 |
| 2. | ACCOUNTING POLICIES - continued |
| Going concern |
| The financial statements have been prepared on a going concern basis which is considered to be appropriate, |
| although the company's ability to continue trading is reliant on the continued support of the directors.The |
| company entered into a creditors voluntary arrangement in October 2019. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Improvements | Fixtures |
| to | and | Office |
| property | fittings | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 30 June 2018 |
| and 29 June 2019 |
| DEPRECIATION |
| At 30 June 2018 |
| Charge for year |
| At 29 June 2019 |
| NET BOOK VALUE |
| At 29 June 2019 |
| At 29 June 2018 |
| 5. | STOCKS |
| 2019 | 2018 |
| £ | £ |
| Work-in-progress |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Trade debtors |
| Other debtors |
| VAT |
| BROOKE HOMES DEVELOPMENTS LIMITED (REGISTERED NUMBER: 05399298) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 29 JUNE 2019 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Taxation and social security |
| VAT | - | 22,182 |
| Other creditors |
| Director's loan account | 2,062,710 | 643,060 |
| Accruals and deferred income |
| 8. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2019 | 2018 |
| £ | £ |
| Bank overdraft |
| The bank overdraft and loan are secured by way of fixed and floating charges over all the property or |
| undertaking of the company. |
| 9. | PROVISIONS FOR LIABILITIES |
| 2019 | 2018 |
| £ | £ |
| Other provisions | 34,846 | 217,088 |
| Other |
| provisions |
| £ |
| Balance at 30 June 2018 |
| Movement during the year | (182,242 | ) |
| Balance at 29 June 2019 |
| 10. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is |