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REGISTERED NUMBER: 09883270 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

BRIGHTON PROPERTY PARTNERS LIMITED

BRIGHTON PROPERTY PARTNERS LIMITED (REGISTERED NUMBER: 09883270)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


BRIGHTON PROPERTY PARTNERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: Mrs C Houston





REGISTERED OFFICE: Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES





REGISTERED NUMBER: 09883270 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

BRIGHTON PROPERTY PARTNERS LIMITED (REGISTERED NUMBER: 09883270)

STATEMENT OF FINANCIAL POSITION
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 750,000 750,000

CURRENT ASSETS
Debtors 5 7,300 43,404
Cash at bank 502 1,031
7,802 44,435
CREDITORS
Amounts falling due within one year 6 2,293 50,090
NET CURRENT ASSETS/(LIABILITIES) 5,509 (5,655 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

755,509

744,345

CREDITORS
Amounts falling due after more than one
year

7

(705,193

)

(718,340

)

PROVISIONS FOR LIABILITIES (8,681 ) (8,681 )
NET ASSETS 41,635 17,324

CAPITAL AND RESERVES
Called up share capital 9 2 2
Fair value reserve 37,011 37,011
Retained earnings 4,622 (19,689 )
SHAREHOLDERS' FUNDS 41,635 17,324

BRIGHTON PROPERTY PARTNERS LIMITED (REGISTERED NUMBER: 09883270)

STATEMENT OF FINANCIAL POSITION - continued
30 NOVEMBER 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 28 November 2024 and were signed by:





Mrs C Houston - Director


BRIGHTON PROPERTY PARTNERS LIMITED (REGISTERED NUMBER: 09883270)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

Brighton Property Partners 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 as modified by the revaluation of certain assets.

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.
Freehold property - NIL

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 statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
Cost or valuation
At 1 December 2022
and 30 November 2023 750,000
Net book value
At 30 November 2023 750,000
At 30 November 2022 750,000

BRIGHTON PROPERTY PARTNERS LIMITED (REGISTERED NUMBER: 09883270)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 30 November 2023 is represented by:

Freehold
property
£   
Valuation in 2018 45,692
Cost 704,308
750,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Amounts owed by group undertakings 7,300 43,065
Other debtors - 339
7,300 43,404

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 53 45
Taxation and social security 1,161 -
Other creditors 1,079 50,045
2,293 50,090

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans (see note 8) 553,293 553,240
Other creditors 151,900 165,100
705,193 718,340

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 553,293 553,240

BRIGHTON PROPERTY PARTNERS LIMITED (REGISTERED NUMBER: 09883270)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


8. LOANS

An analysis of the maturity of loans is given below:

30.11.23 30.11.22
£    £   
Amounts falling due between one and two years:
Other loans - 1-2 years 151,900 165,100

Amounts falling due in more than five years:
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 553,293 553,240

At 30th November 2023, there exists a fixed charge in favour of Caf Bank Limited and Onesavings Bank secured against property held under the company at 15 Gladys road, Hove BN3 7GL dated 2nd October 2017 and 10th August 2018 respectively.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
2 Ordinary £1 2 2