Brockwell Group (Holdings) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06013927 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

FOR

BROCKWELL GROUP (HOLDINGS) LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A H J Binnie

J Binnie

REGISTERED OFFICE:

7a Abbey Business Park

Monks Walk

Farnham

Surrey

GU9 8HT

REGISTERED NUMBER:

06013927 (England and Wales)

FIXED ASSETS

Tangible assets

4

1,674

430

Investments

5

33,318

33,318

34,992

33,748

CURRENT ASSETS

Debtors

33,310

1,700

Cash at bank

6,261

3,452

39,571

5,152

CREDITORS

Amounts falling due within one year

52,309

59,458

NET CURRENT LIABILITIES

(12,738

)

(54,306

)

TOTAL ASSETS LESS CURRENT LIABILITIES

22,254

(20,558

)

CREDITORS

Amounts falling due after more than one year

22,083

-

NET ASSETS/(LIABILITIES)

171

(20,558

)

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

71

(20,658

)

SHAREHOLDERS' FUNDS

171

(20,558

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2020 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 September 2021 and were signed on its behalf by:

A H J Binnie - Director

1.	STATUTORY INFORMATION

Brockwell 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared in accordance with the provisions of Section 1A ''Smaller Entities'' of Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents sales of consulting services, excluding value added tax, performed during the year.

Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33.33% straight line

Government grants

Government grants are recognised in the profit or loss over the period in which the entity recognises related costs for which the grants are intended to compensate.

Financial instruments

The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost, except for investments which are measured at cost less impairment.. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

Taxation

Taxation for the year comprises current 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 tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Consideration is given to whether deferred tax should be provided in respect of material timing differences which have not reversed at the balance sheet date. Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or future taxable profits.

Current tax assets and liabilities are not discounted and are 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2020

2,233

Additions

1,973

At 31 December 2020

4,206

DEPRECIATION

At 1 January 2020

1,803

Charge for year

729

At 31 December 2020

2,532

NET BOOK VALUE

At 31 December 2020

1,674

At 31 December 2019

430

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 January 2020

and 31 December 2020

100

NET BOOK VALUE

At 31 December 2020

100

At 31 December 2019

100

Investments (neither listed nor unlisted) were as follows:

2020

2019

£

£

Investments

33,218

33,218

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2020

2019

value:

£

£

100

Ordinary Shares

1

-

100

60

Ordinary A Shares

1

60

-

40

Ordinary B Shares

1

40

-

100

100

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 31 December 2020, the company had loaned the directors £15,310 (2019 - £44,833 owed to the directors). This was the maximum amount owed during the year and is repayable on demand.

8.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

9.	POST BALANCE SHEET EVENTS

During the year the World Health Organisation declared Covid-19 a pandemic and subsequently the UK was placed into lockdown.

Since the year end, there have been further periods of lockdown, however the company has been able to trade throughout these periods, providing support to its clients, many of whom were impacted by the pandemic.

The company took advantage of available government support due to the uncertainty over the long-term impact of the pandemic on the business. Whilst the full impact of the ongoing pandemic cannot be quantified yet, the directors are confident that the company will not be negatively impacted.