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REGISTERED NUMBER: 04253652 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 July 2024

for

BERKSHIRE ESTATES LIMITED

BERKSHIRE ESTATES LIMITED (REGISTERED NUMBER: 04253652)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


BERKSHIRE ESTATES LIMITED

Company Information
for the Year Ended 31 July 2024







DIRECTORS: Gobinder Singh
Kirpal Singh Nandera
Daljit Singh





SECRETARY: Pavinder Kaur Nandhra





REGISTERED OFFICE: 32-34 Sampson Road
North
Birmingham
West Midlands
B11 1BL





REGISTERED NUMBER: 04253652 (England and Wales)





ACCOUNTANTS: Brindleys Limited
2 Wheeleys Road
Edgbaston
Birmingham
West Midlands
B15 2LD

BERKSHIRE ESTATES LIMITED (REGISTERED NUMBER: 04253652)

Statement of Financial Position
31 July 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,090,727 1,090,969

CURRENT ASSETS
Debtors 5 7,610 72,449
Cash at bank and in hand 291,018 220,819
298,628 293,268
CREDITORS
Amounts falling due within one year 6 144,491 210,938
NET CURRENT ASSETS 154,137 82,330
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,244,864

1,173,299

PROVISIONS FOR LIABILITIES 7 174,794 133,027
NET ASSETS 1,070,070 1,040,272

CAPITAL AND RESERVES
Called up share capital 8 168 168
Retained earnings 9 1,069,902 1,040,104
SHAREHOLDERS' FUNDS 1,070,070 1,040,272

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

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

BERKSHIRE ESTATES LIMITED (REGISTERED NUMBER: 04253652)

Statement of Financial Position - continued
31 July 2024


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 10 April 2025 and were signed on its behalf by:





Daljit Singh - Director


BERKSHIRE ESTATES LIMITED (REGISTERED NUMBER: 04253652)

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

1. STATUTORY INFORMATION

Berkshire 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 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 - Not depreciated
Fixtures and fittings - 25% on reducing balance

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Holiday pay
Holiday pay is recognised as an expense in the period in which the service is received.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 6 ) .

BERKSHIRE ESTATES LIMITED (REGISTERED NUMBER: 04253652)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST OR VALUATION
At 1 August 2023
and 31 July 2024 1,090,000 4,650 1,094,650
DEPRECIATION
At 1 August 2023 - 3,681 3,681
Charge for year - 242 242
At 31 July 2024 - 3,923 3,923
NET BOOK VALUE
At 31 July 2024 1,090,000 727 1,090,727
At 31 July 2023 1,090,000 969 1,090,969

Cost or valuation at 31 July 2024 is represented by:

Fixtures
Freehold and
property fittings Totals
£    £    £   
Valuation in 2018 794,176 - 794,176
Valuation in 2020 95,000 - 95,000
Valuation in 2022 (190,000 ) - (190,000 )
Cost 390,824 4,650 395,474
1,090,000 4,650 1,094,650

If Freehold properties had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 390,824 390,824

Value of land in freehold land and buildings 390,824 390,824

Freehold properties were valued on a fair value basis on 31 July 2022 by the directors .

BERKSHIRE ESTATES LIMITED (REGISTERED NUMBER: 04253652)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 70,000
Other debtors 5,000 -
Prepayments 2,610 2,449
7,610 72,449

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 7,304 7,025
Corporation tax 45,511 31,769
Social security and other taxes 356 889
VAT 25,030 17,496
Other creditors 90 90
Directors' current accounts 65,000 102,469
Accrued expenses 1,200 51,200
144,491 210,938

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 174,794 133,027

Deferred
tax
£   
Balance at 1 August 2023 133,027
Provided during year 41,767
Balance at 31 July 2024 174,794

BERKSHIRE ESTATES LIMITED (REGISTERED NUMBER: 04253652)

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

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
14 Ordinary A £1 14 14
14 Ordinary B £1 14 14
14 Ordinary C £1 14 14
84 Ordinary D £1 84 84
14 Ordinary E £1 14 14
14 Ordinary F £1 14 14
14 Ordinary G £1 14 14
168 168

Each share has one voting right and equal rights to dividends and distributions.

9. RESERVES
Retained
earnings
£   

At 1 August 2023 1,040,104
Profit for the year 94,798
Dividends (65,000 )
At 31 July 2024 1,069,902

10. RELATED PARTY DISCLOSURES

During the year, the company received management income of £350,000 and rent of £22,600 from its associated company Coleridge (UK) Limited which is registered in England and Wales under company number 02978255.


During the year, the company paid the directors, remuneration of £25,200 and dividends of £40,000.