41 - 43 BROOK STREET LLP

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  Material uncertainty over going concern

  The financial statements have been prepared on a basis other than going concern, as the directors have determined that the partnership does not intend to continue trading in the foreseeable future. Although the directors have contemplated striking off the Partnership, no formal steps to initiate this process had been taken as at the reporting date. No other adjustments arose as a result of ceasing to apply a going concern basis apart from reclassification of assets and liabilities from non-current to current on the balance sheet.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101 Reduced Disclosure Framework

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The financial statements have been prepared on a basis other than going concern, as the directors have determined that the partnership does not intend to continue trading in the foreseeable future. Although the directors have contemplated striking off the Partnership, no formal steps to initiate this process had been taken as at the reporting date. No other adjustments arose as a result of ceasing to apply a going concern basis apart from reclassification of assets and liabilities from non-current to current on the balance sheet.”

Significant events

• “On 16 November 2023, the beneficial title to 41-43 Brook Street property was sold to Claridge's Hotel Limited for a market value consideration of £42m and made a loss on disposal of £18,011k.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  +0.7%

  -£9,109,000 → -£9,041,000

• Employees

  —

  Not reported

• Operating profit

  +112.5%

  -£544,000 → £68,000

• Profit before tax

  +100.3%

  -£20,652,000 → £68,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers