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REGISTERED NUMBER: 03730354 (England and Wales)













BRAKESPEED INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025






BRAKESPEED INVESTMENTS LIMITED (REGISTERED NUMBER: 03730354)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BRAKESPEED INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mrs K Lewis
Mr T M Young





REGISTERED OFFICE: 6 Cae Newydd
St Nicholas
Cardiff
CF5 6FF





REGISTERED NUMBER: 03730354 (England and Wales)





ACCOUNTANTS: Carston ETL
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

BRAKESPEED INVESTMENTS LIMITED (REGISTERED NUMBER: 03730354)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £ £ £
FIXED ASSETS
Tangible assets 4 205 -
Investment property 5 950,000 853,167
950,205 853,167

CURRENT ASSETS
Debtors 6 2,375 -
Cash at bank 65,945 1,062
68,320 1,062
CREDITORS
Amounts falling due within one year 7 326,334 350,218
NET CURRENT LIABILITIES (258,014 ) (349,156 )
TOTAL ASSETS LESS CURRENT LIABILITIES 692,191 504,011

CREDITORS
Amounts falling due after more than one year 8 (298,247 ) (225,587 )

PROVISIONS FOR LIABILITIES (24,260 ) -
NET ASSETS 369,684 278,424

CAPITAL AND RESERVES
Called up share capital 9 100 100
Fair value reserve 10 72,625 -
Retained earnings 296,959 278,324
SHAREHOLDERS' FUNDS 369,684 278,424

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

BRAKESPEED INVESTMENTS LIMITED (REGISTERED NUMBER: 03730354)

BALANCE SHEET - continued
31 MARCH 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 May 2025 and were signed on its behalf by:





Mrs K Lewis - Director


BRAKESPEED INVESTMENTS LIMITED (REGISTERED NUMBER: 03730354)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Brakespeed Investments 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 (2024 - 1 ) .

BRAKESPEED INVESTMENTS LIMITED (REGISTERED NUMBER: 03730354)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£
COST
At 1 April 2024 2,493
Additions 274
At 31 March 2025 2,767
DEPRECIATION
At 1 April 2024 2,493
Charge for year 69
At 31 March 2025 2,562
NET BOOK VALUE
At 31 March 2025 205
At 31 March 2024 -

5. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 April 2024 853,167
Revaluations 96,833
At 31 March 2025 950,000
NET BOOK VALUE
At 31 March 2025 950,000
At 31 March 2024 853,167

Fair value at 31 March 2025 is represented by:
£
Valuation in 2025 96,833
Cost 853,167
950,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Other debtors 2,375 -

BRAKESPEED INVESTMENTS LIMITED (REGISTERED NUMBER: 03730354)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Bank loans and overdrafts - 1
Trade creditors - 3,840
Taxation and social security 6,169 26,245
Other creditors 320,165 320,132
326,334 350,218

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£ £
Bank loans 298,247 225,587

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £ £
100 Ordinary £1 100 100

10. RESERVES
Fair value
reserve
£
Revaluation in the year 72,625

At 31 March 2025 72,625