IRIS Accounts Production v24.2.0.383 10576048 director 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh105760482023-03-31105760482024-03-31105760482023-04-012024-03-31105760482022-03-31105760482022-04-012023-03-31105760482023-03-3110576048ns15:EnglandWales2023-04-012024-03-3110576048ns14:PoundSterling2023-04-012024-03-3110576048ns10:Director12023-04-012024-03-3110576048ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3110576048ns10:SmallEntities2023-04-012024-03-3110576048ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3110576048ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3110576048ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3110576048ns10:FullAccounts2023-04-012024-03-3110576048ns10:OrdinaryShareClass12023-04-012024-03-3110576048ns10:RegisteredOffice2023-04-012024-03-3110576048ns5:CurrentFinancialInstruments2024-03-3110576048ns5:CurrentFinancialInstruments2023-03-3110576048ns5:Non-currentFinancialInstruments2024-03-3110576048ns5:Non-currentFinancialInstruments2023-03-3110576048ns5:ShareCapital2024-03-3110576048ns5:ShareCapital2023-03-3110576048ns5:SharePremium2024-03-3110576048ns5:SharePremium2023-03-3110576048ns5:RetainedEarningsAccumulatedLosses2024-03-3110576048ns5:RetainedEarningsAccumulatedLosses2023-03-3110576048ns5:PlantMachinery2023-04-012024-03-3110576048ns5:PlantMachinery2023-03-3110576048ns5:PlantMachinery2024-03-3110576048ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3110576048ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3110576048ns10:OrdinaryShareClass12024-03-31105760481ns10:Director12023-03-31105760481ns10:Director12022-03-31105760481ns10:Director12023-04-012024-03-31105760481ns10:Director12022-04-012023-03-31105760481ns10:Director12024-03-31105760481ns10:Director12023-03-31
REGISTERED NUMBER: 10576048 (England and Wales)















Financial Statements for the Year Ended 31 March 2024

for

Briarswood Property Ltd

Briarswood Property Ltd (Registered number: 10576048)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Briarswood Property Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: M R Jackson





REGISTERED OFFICE: 72 The Broadway
Didcot
Oxfordshire
OX11 8AE





REGISTERED NUMBER: 10576048 (England and Wales)





ACCOUNTANTS: K P Cox Accounting Ltd
35 Penpont Water
Didcot
Oxfordshire
OX11 7LR

Briarswood Property Ltd (Registered number: 10576048)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
CURRENT ASSETS
Stocks 6,800 -
Debtors 5 13,000 16,200
Cash at bank 52 3,386
19,852 19,586
CREDITORS
Amounts falling due within one year 6 8,426 6,640
NET CURRENT ASSETS 11,426 12,946
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,426

12,946

CREDITORS
Amounts falling due after more than one
year

7

10,750

12,289
NET ASSETS 676 657

CAPITAL AND RESERVES
Called up share capital 8 100 100
Share premium 500 500
Retained earnings 76 57
SHAREHOLDERS' FUNDS 676 657

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

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 director and authorised for issue on 3 October 2024 and were signed by:



M R Jackson - Director


Briarswood Property Ltd (Registered number: 10576048)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Briarswood 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.

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 etc - 25% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 1,449
DEPRECIATION
At 1 April 2023
and 31 March 2024 1,449
NET BOOK VALUE
At 31 March 2024 -

Briarswood Property Ltd (Registered number: 10576048)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 13,000 16,200

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 7,831 5,911
Other creditors 595 729
8,426 6,640

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 10,750 12,289

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
M R Jackson
Balance outstanding at start of year 13,700 -
Amounts advanced 10,500 13,700
Amounts repaid (13,700 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 10,500 13,700

10. ULTIMATE CONTROLLING PARTY

The controlling party is M R Jackson.