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REGISTERED NUMBER: 09992598 (England and Wales)








Unaudited Financial Statements

for the Year Ended 31 July 2023

for

Bramshill Estates Limited

Bramshill Estates Limited (Registered number: 09992598)

Contents of the Financial Statements
for the Year Ended 31 July 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bramshill Estates Limited

Company Information
for the Year Ended 31 July 2023







DIRECTOR: J W Saunders





REGISTERED OFFICE: Millbank Studio
Millbank House
High Street
Hartley Wintney
Hampshire
RG27 8PE





REGISTERED NUMBER: 09992598 (England and Wales)





ACCOUNTANTS: Lane Monnington Welton
Chartered Accountants
Riverside View
Basing Road
Old Basing
Basingstoke
Hampshire
RG24 7AL

Bramshill Estates Limited (Registered number: 09992598)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,966 19,909
Investment property 5 1,130,241 1,091,710
1,144,207 1,111,619

CURRENT ASSETS
Debtors 6 9,549 31,884
Cash at bank 46,288 23,529
55,837 55,413
CREDITORS
Amounts falling due within one year 7 705,237 761,539
NET CURRENT LIABILITIES (649,400 ) (706,126 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

494,807

405,493

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 494,806 405,492
SHAREHOLDERS' FUNDS 494,807 405,493

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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.

Bramshill Estates Limited (Registered number: 09992598)

Balance Sheet - continued
31 July 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 April 2024 and were signed by:





J W Saunders - Director


Bramshill Estates Limited (Registered number: 09992598)

Notes to the Financial Statements
for the Year Ended 31 July 2023


1. STATUTORY INFORMATION

Bramshill Estates 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
Debtors and creditors payable/receivable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


Bramshill Estates Limited (Registered number: 09992598)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date, adjusted for indexation where applicable.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Impairment
Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 August 2022 41,622
Additions 2,011
At 31 July 2023 43,633
DEPRECIATION
At 1 August 2022 21,714
Charge for year 7,953
At 31 July 2023 29,667
NET BOOK VALUE
At 31 July 2023 13,966
At 31 July 2022 19,908

Bramshill Estates Limited (Registered number: 09992598)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022 1,091,710
Additions 52,031
Disposals (13,500 )
At 31 July 2023 1,130,241
NET BOOK VALUE
At 31 July 2023 1,130,241
At 31 July 2022 1,091,710

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors - 15,386
Other debtors 9,549 16,498
9,549 31,884

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade creditors 1,560 2,520
Taxation and social security 23,194 17,019
Other creditors 680,483 742,000
705,237 761,539