1 April 2023 false No description of principal activity Taxfiler 2024.6 12000023business:PrivateLimitedCompanyLtd2023-04-012024-03-31 120000232023-03-31 120000232023-04-012024-03-31 12000023business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 12000023business:FilletedAccounts2023-04-012024-03-31 120000232024-03-31 12000023business:Director12023-04-012024-03-31 12000023business:Director22023-04-012024-03-31 12000023business:RegisteredOffice2023-04-012024-03-31 120000232023-03-31 12000023core:WithinOneYear2024-03-31 12000023core:WithinOneYear2023-03-31 12000023core:AfterOneYear2024-03-31 12000023core:AfterOneYear2023-03-31 12000023core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 12000023core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 12000023core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 12000023core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 12000023core:PreviouslyStatedAmount2024-03-31 12000023core:PreviouslyStatedAmount2023-03-31 12000023business:SmallEntities2023-04-012024-03-31 12000023countries:EnglandWales2023-04-012024-03-31 12000023core:FurnitureFittings2023-04-012024-03-31 12000023core:WithinOneYear2023-04-012024-03-31 12000023core:AfterOneYear2023-04-012024-03-31 12000023business:OrdinaryShareClass12023-04-012024-03-31 12000023business:OrdinaryShareClass12022-04-012023-03-31 12000023business:OrdinaryShareClass22023-04-012024-03-31 12000023business:OrdinaryShareClass22022-04-012023-03-31 12000023business:OrdinaryShareClass32023-04-012024-03-31 12000023business:OrdinaryShareClass32022-04-012023-03-31 12000023business:AllOrdinaryShares2023-04-012024-03-31 12000023business:AllOrdinaryShares2022-04-012023-03-31 120000232022-04-012023-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 12000023 (England and Wales)
Briant Property Holdings Ltd Unaudited accounts for the year ended 31 March 2024
Briant Property Holdings Ltd Unaudited accounts Contents
Page
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Briant Property Holdings Ltd Company Information for the year ended 31 March 2024
Directors
Benjamin James Briant Helen Elizabeth Briant
Company Number
12000023 (England and Wales)
Registered Office
Northwood Grange, Lumb Lane Darley Dale Matlock Derbyshire DE4 2HP
Accountants
Andrew B Sharkey Ltd Jasmine Cottage Rowland Bakewell Derbyshire DE45 1NR
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Briant Property Holdings Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
291,949 
291,949 
Current assets
Debtors
2,148 
8,525 
Cash at bank and in hand
6,248 
5,344 
8,396 
13,869 
Creditors: amounts falling due within one year
(226,971)
(267,037)
Net current liabilities
(218,575)
(253,168)
Total assets less current liabilities
73,374 
38,781 
Creditors: amounts falling due after more than one year
(140,243)
(90,000)
Net liabilities
(66,869)
(51,219)
Capital and reserves
Called up share capital
65 
65 
Profit and loss account
(66,934)
(51,284)
Shareholders' funds
(66,869)
(51,219)
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 November 2024 and were signed on its behalf by
Benjamin James Briant Director Company Registration No. 12000023
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Briant Property Holdings Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Briant Property Holdings Ltd is a private company, limited by shares, registered in England and Wales, registration number 12000023. The registered office and principal place of business is Northwood Grange, Lumb Lane, Darley Dale, Matlock, Derbyshire, DE4 2HP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in pounds sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% reducing balance
Investment properties
Investment properties are included at cost. Realised gains and losses are recognised in the income statement when the properties are sold.
4
Investment property
2024 
£ 
Fair value at 1 April 2023
291,949 
At 31 March 2024
291,949 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,148 
8,525 
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Briant Property Holdings Ltd Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
5,161 
- 
Trade creditors
- 
1,074 
Loans from directors
221,810 
265,963 
226,971 
267,037 
Directors loans are interest free and repayable on demand.
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
140,243 
90,000 
The mortgage loan is secured by a first legal mortgage over the investment property and joint and several gaurantees of the borrower.
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
50 Ordinary shares of £1 each
50 
50 
10 B ordinary shares of £1 each
10 
10 
5 C ordinary shares of £1 each
5 
5 
65 
65 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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