Registered number: 03398689 | ||||||||
FOR THE YEAR ENDED 31/12/2022 | ||||||||
Carbrooke Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/12/2022 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
Vacant | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 03398689 | ||||||||
Carbrooke Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/12/2022 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Carbrooke Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2022 | 2021 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | ||||||||||
Investment Assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Cash at bank and in hand | ||||||||||
23,890 | 24,659 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT LIABILITIES | ( | (4,129,596) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 6 | |||||||||
Profit and loss account | (1,300,777) | (1,299,676) | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Carbrooke Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/12/2022 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Investment Properties | ||||||||
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view. |
1c. Investments | ||||||||
Fixed asset investments are shown at cost less amounts written off. | ||||||||
Provisions are made for permanent fluctuations in value. |
2. INVESTMENT PROPERTIES | ||||||||
Investment | ||||||||
Properties | Total | |||||||
£ | £ | |||||||
Fair value | ||||||||
At 01/01/2022 | 929,924 | 929,924 | ||||||
At 31/12/2022 | 929,924 | 929,924 | ||||||
The Investment Property has been shown at cost in the periods 2021 and prior periods. Measures to determine the fair value of the property in compliance with FRS 102 have been delayed due to the outbreak of Covid-19 and resulting Worldwide pandemic. | ||||||||
Carbrooke Limited | ||||||||
3. FINANCIAL ASSETS | |||||||||
Shares in group companies | |||||||||
and participating interests | Total | ||||||||
£ | £ | ||||||||
Cost | |||||||||
At 01/01/2022 | 1,899,998 | 1,899,998 | |||||||
At 31/12/2022 | 1,899,998 | 1,899,998 | |||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 31/12/2022 | 1,899,998 | 1,899,998 | |||||||
At 31/12/2021 | 1,899,998 | 1,899,998 | |||||||
At 31 December 2022 and 2021. Abergrave Ltd, registered in England and Wales, is a 80% owned subsidiary of the Company. It's net book value of £1.9m (measured at cost) is reflected as an investment at 31 December 2022 and 2021. Abergrave Ltd sold its sole asset in 2022 and has since become dormant. | |||||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2022 | 2021 | |||||||
£ | £ | |||||||
Amounts due to group companies | 4,154,587 | 4,154,255 | ||||||
4,154,587 | 4,154,255 | |||||||
5. EMPLOYEES | ||||||||
2022 | 2021 | |||||||
No. | No. | |||||||
Average number of employees | - | |||||||
The Company did not employ any personnel during the period 2022 (2021). | ||||||||
6. SHARE CAPITAL | 2022 | 2021 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
2 | 2 | |||||||
2 | 2 | |||||||
Carbrooke Limited | ||||||||
7. CONTROLLING PARTY | ||||||||
As at 31 December 2022 the Company is a subsidiary of Stockton Ltd, registered in Guernsey. | ||||||||
8. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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9. GOING CONCERN | ||||||||
The financial statements have been prepared on a Going Concern basis. The shareholder confirmed the financial support of up to 12 months from the date of sign off of the financial statements. | ||||||||
10. POST BALANCE SHEET EVENTS | ||||||||
100% subsidiaries RowCap Nominees Ltd and Plaistow Management Ltd applied for strike off from the Registrar of Companies in 2023 and subsequently dissolved. | ||||||||
Abergrave distributed all cash to its shareholders in 2023 and subsequently applied for strike off from the Registrar. | ||||||||
11. PRINCIPLE SUBSIDIARIES | ||||||||
At 31 December 2022 and 2021, Colegate Management Ltd, Plaistow Management Limited, RowCap Nominees Ltd, The London and Suburban Land Building Company Ltd and Linley Ltd were all 100% subsidiaries of the Company. All companies are incorporated in England & Wales. | ||||||||
Colegate Management Ltd had aggregate reserves of (£7.52m), Plaistow Manangement Limited (£41.2k), RowCap Nominees Ltd £2, The London and Suburban Land and Building Company Ltd (£138.6k) and Linley Ltd (£29.4m), Considering its subsidiary undertakings the aggregate net book value to the Company has been valued at £nil. | ||||||||
Sokar Ltd, Rowland Capital Ltd, Inoco Ltd and European Union Properties Ltd, all 100% subsidiaries at 31 December 2021, and registered in England and Wales, were all dissolved in the period 2022. |