ACCOUNTS - Final Accounts preparation

Caseware UK (AP4) 2020.0.247 2020.0.247 2022-01-312022-01-312022-05-311No description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2021-02-01false1truetrue 12386258 2021-02-01 2022-01-31 12386258 2020-01-06 2021-01-31 12386258 2022-01-31 12386258 2021-01-31 12386258 c:Director1 2021-02-01 2022-01-31 12386258 d:CurrentFinancialInstruments 2022-01-31 12386258 d:CurrentFinancialInstruments 2021-01-31 12386258 d:CurrentFinancialInstruments d:WithinOneYear 2022-01-31 12386258 d:CurrentFinancialInstruments d:WithinOneYear 2021-01-31 12386258 d:ShareCapital 2022-01-31 12386258 d:ShareCapital 2021-01-31 12386258 d:RetainedEarningsAccumulatedLosses 2022-01-31 12386258 d:RetainedEarningsAccumulatedLosses 2021-01-31 12386258 c:FRS102 2021-02-01 2022-01-31 12386258 c:AuditExempt-NoAccountantsReport 2021-02-01 2022-01-31 12386258 c:FullAccounts 2021-02-01 2022-01-31 12386258 c:PrivateLimitedCompanyLtd 2021-02-01 2022-01-31 12386258 6 2021-02-01 2022-01-31 iso4217:GBP xbrli:pure

Registered number: 12386258

BROCAGH HOMES LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2022

BROCAGH HOMES LIMITED

REGISTERED NUMBER: 12386258

BALANCE SHEET

AS AT 31 JANUARY 2022

		2022		2021
Note		£		£


Current assets
Debtors: amounts falling due within one year	5	32,731		16,293
Cash at bank and in hand	6	1,384		9,437
		34,115		25,730
Creditors: amounts falling due within one year	7	(43,639)		(30,301)
Net current liabilities			(9,524)		(4,571)
Total assets less current liabilities			(9,524)		(4,571)

Net liabilities			(9,524)		(4,571)

Capital and reserves
Called up share capital	1	1
Profit and loss account	(9,525)	(4,572)
	(9,524)	(4,571)

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 31 May 2022.

M P McMahon

Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

BROCAGH HOMES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2022

1.Accounting policies

1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

1.2

Going concern

The company had a deficit on shareholder's funds at 31st January 2022 of £9,524 (2021: £4,571). However, the director is of the opinion that the company has and will continue to have the support of its creditors for the foreseeable future. In the light of these factors, the director considers it appropriate to adopt the going concern basis in the preparation of these financial statements.

1.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

1.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

1.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 2

BROCAGH HOMES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2022

1.Accounting policies (continued)

1.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

1.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.	General information

Brocagh Homes Limited is a private limited company incorporated on 6th January 2020 in England and Wales. The Registered Office is Kingsridge House, 601 London Road, Westcliff on Sea, Essex, SS0 9PE.

Employees

The average monthly number of employees, including directors, during the year was 1 (2021 - 1).

4.	Fixed asset investments

		Investments in subsidiary companies
		£

	Additions	1
	Disposals	(1)
	At 31 January 2022	-

Debtors

					2022	2021
					£	£


Other debtors	16,920	-
Prepayments and accrued income	15,811	16,293
	32,731	16,293

Page 3

BROCAGH HOMES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2022

6.	Cash and cash equivalents
		2022	2021
		£	£

Cash at bank and in hand	1,384	9,437
	1,384	9,437

7.	Creditors: Amounts falling due within one year
		2022	2021
		£	£

Other creditors	42,739	29,401
Accruals and deferred income	900	900
	43,639	30,301

Page 4