| Brookfield Property (Holdings) Ltd |
| Registered number: |
06531134 |
| Abbreviated Balance Sheet |
| as at 31 March 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
9,875,590 |
|
|
45,223 |
| Investments |
3 |
|
|
100 |
|
|
- |
|
|
|
|
9,875,690 |
|
|
45,223 |
|
| Current assets |
| Debtors |
|
|
507,613 |
|
|
649,842 |
| Cash at bank and in hand |
|
|
400,000 |
|
|
55,076 |
|
|
|
907,613 |
|
|
704,918 |
|
| Creditors: amounts falling due within one year |
|
|
(543,210) |
|
|
(35,061) |
|
| Net current assets |
|
|
|
364,403 |
|
|
669,857 |
|
| Total assets less current liabilities |
|
|
|
10,240,093 |
|
|
715,080 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(5,151,779) |
|
|
- |
|
|
|
| Net assets |
|
|
|
5,088,314 |
|
|
715,080 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
5 |
|
|
4,000 |
|
|
2,000 |
| Share premium |
|
|
|
4,443,002 |
|
|
- |
| Profit and loss account |
|
|
|
641,312 |
|
|
713,080 |
|
| Shareholders' funds |
|
|
|
5,088,314 |
|
|
715,080 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Aziz Patel |
| Director |
| Approved by the board on 1 August 2016 |
|
| Brookfield Property (Holdings) Ltd |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant machinery and fixtures |
15% reducing balance basis |
|
Property additions |
2% straight line basis |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
222,111 |
|
Additions |
10,213,289 |
|
Disposals |
(3,987) |
|
At 31 March 2016 |
10,431,413 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2015 |
176,888 |
|
Charge for the year |
378,935 |
|
At 31 March 2016 |
555,823 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
9,875,590 |
|
At 31 March 2015 |
45,223 |
|
|
|
|
|
|
|
|
| 3 |
Investments |
£ |
|
|
Cost |
|
Additions |
100 |
|
|
At 31 March 2016 |
100 |
|
|
|
|
|
|
|
|
The company holds 20% or more of the share capital of the following companies: |
|
| Capital and |
Profit (loss) |
|
Company |
Shares held |
reserves |
for the year |
|
|
Class |
% |
£ |
£ |
|
Brookfield Retail Ltd |
Ordinary |
100 |
|
360,939 |
|
455,522 |
|
| 4 |
Loans |
2016 |
|
2015 |
| £ |
£ |
|
Creditors include: |
|
Secured bank loans |
5,479,270 |
|
- |
|
|
|
|
|
|
|
|
|
|
| 5 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
2,000 |
|
4,000 |
|
2,000 |
|
|
|
|
|
|
|
|
|
| Nominal |
Number |
Amount |
| value |
£ |
|
Shares issued during the period: |
|
Ordinary shares |
£1 each |
|
2,000 |
|
2,000 |
|
|
|
|
|
|
|
