Brenrose Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 06410806 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

BRENROSE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr K Ganin

REGISTERED OFFICE:

c/o AKS Advisers

4th & 5th Floor

14-15 Lower Grosvenor Place

London

SW1W 0EX

REGISTERED NUMBER:

06410806 (England and Wales)

ACCOUNTANTS:

AKS Advisers

Fourth & Fifth Floors

14-15 Lower Grosvenor Place

London

SW1W 0EX

FIXED ASSETS

Investments

4

1

1

CURRENT ASSETS

Debtors

5

25,313

24,368

Cash at bank

-

1

25,313

24,369

CREDITORS

Amounts falling due within one year

6

240,961

234,400

NET CURRENT LIABILITIES

(215,648

)

(210,031

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(215,647

)

(210,030

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(215,649

)

(210,032

)

(215,647

)

(210,030

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

The financial statements were approved by the director and authorised for issue on 31 December 2023 and were signed by:

Mr K Ganin - Director

1.	STATUTORY INFORMATION

Brenrose 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

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

Related party exemption

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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern

Due to the consequences of the restructuring, the management made the strategic decision to transfer all the operations of this company to a new entity. The company thus ceased to trade on 01 January 2021.

As a result of the restructuring the company no longer meets the definition of a going concern,however, the financial statements have continued to be prepared on a going concern basis as the director believe that there would be no material difference between this basis and the break-up basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakin

£

COST

At 1 January 2022

and 31 December 2022

15,617

PROVISIONS

At 1 January 2022

and 31 December 2022

15,616

NET BOOK VALUE

At 31 December 2022

1

At 31 December 2021

1

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.22

31.12.21

£

£

Amounts owed by group undertakings

17,513

17,689

Other debtors

7,800

6,679

25,313

24,368

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.22

31.12.21

£

£

Trade creditors

228,821

234,400

Amounts owed to group undertakings

12,140

-

240,961

234,400

7.	ULTIMATE CONTROLLING PARTY

The Ultimate controlling party is Mediamart-M LLC , a company registered in Federation of Russia.