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REGISTERED NUMBER: 10057131 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

BRAMC PROPERTY LTD

BRAMC PROPERTY LTD (Registered number: 10057131)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BRAMC PROPERTY LTD

Company Information
for the Year Ended 31 March 2023







DIRECTORS: A G Cushing
Mrs C Cushing





REGISTERED OFFICE: Coomer Buildings
Mill Lane
Alton
Hampshire
GU34 2QG





REGISTERED NUMBER: 10057131 (England and Wales)





ACCOUNTANTS: John Parratt Associates
94 Shortheath Road
Farnham
Surrey
GU9 8SQ

BRAMC PROPERTY LTD (Registered number: 10057131)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 455,915 455,915

CURRENT ASSETS
Debtors 5 7,953 27,282
Cash at bank 32,447 26,023
40,400 53,305
CREDITORS
Amounts falling due within one year 6 35,373 25,259
NET CURRENT ASSETS 5,027 28,046
TOTAL ASSETS LESS CURRENT
LIABILITIES

460,942

483,961

CREDITORS
Amounts falling due after more than one year 7 309,206 326,778
NET ASSETS 151,736 157,183

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 151,734 157,181
SHAREHOLDERS' FUNDS 151,736 157,183

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

BRAMC PROPERTY LTD (Registered number: 10057131)

Balance Sheet - continued
31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 March 2024 and were signed on its behalf by:





A G Cushing - Director


BRAMC PROPERTY LTD (Registered number: 10057131)

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

1. STATUTORY INFORMATION

BRAMC PROPERTY LTD 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The directors of the Company are currently assessing the impact of COVID-19. The situation is evolving rapidly and it is not possible at this stage to determine with any certainty the impact on the Company. The directors are continually reviewing their plans and forecasts and believe that the going concern basis is appropriate for a period of at least 12 months from the date of approving these financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

BRAMC PROPERTY LTD (Registered number: 10057131)

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

4. PROPERTY, PLANT AND EQUIPMENT
Land and
buildings
£   
COST
At 1 April 2022
and 31 March 2023 455,915
NET BOOK VALUE
At 31 March 2023 455,915
At 31 March 2022 455,915

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors - 2,641
Other debtors 7,953 24,641
7,953 27,282

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 1 2
Taxation and social security 28,295 19,706
Other creditors 7,077 5,551
35,373 25,259

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans 309,206 326,778

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 231,711 244,669