Company registration number: 01016505
Unaudited financial statements
for the year ended 31 March 2025
for
Brighton Estates Limited (The)
Pages for filing with the Registrar
Company registration number: 01016505
Brighton Estates Limited (The)
Balance sheet
as at 31 March 2025
31 Mar 25 31 Mar 24
Note £ £ £ £
Fixed assets
Tangible assets 4 112,394 112,394
112,394 112,394
Current assets
Debtors 226,349 251,534
Cash at bank and in hand 30,809 22,927
257,158 274,461
Creditors: amounts falling due within one
year
(58,683) (76,483)
Net current assets 198,475 197,978
Total assets less current liabilities 310,869 310,372
NET ASSETS 310,869 310,372
Capital and reserves
Called up share capital 100 100
Revaluation reserve 46,265 46,265
Profit and loss account 264,504 264,007
TOTAL EQUITY 310,869 310,372
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 01016505
Brighton Estates Limited (The)
Balance sheet - continued
as at 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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 13 May 2025 and signed on its behalf by:
Mr. T Pollard, Director
13 May 2025
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Brighton Estates Limited (The)
Notes to the financial statements
for the year ended 31 March 2025
1 Company information
Brighton Estates Limited (The) is a private company registered in England and Wales. Its registered number is 01016505. The company is limited by shares. Its registered office is The Old Farm, Trolliloes, Hailsham,, East Sussex, BN27 4QR.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - In the directors' opinion the market value of the
company's interest in Land & Buildings substantially
exceeds that shown in the balance sheet.
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
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Brighton Estates Limited (The)
Notes to the financial statements - continued
for the year ended 31 March 2025
3 Average number of employees
During the year the average number of employees was 4 (2024 - 4).
4 Tangible fixed assets
Land and
buildings
£
Cost
At 1 April 2024 112,394
At 31 March 2025 112,394
Depreciation
At 31 March 2025 -
Net book value
At 31 March 2025 112,394
At 31 March 2024 112,394
Cost or valuation at 31 March 2025 is represented by:
Land and
buildings
£
Valuation in 1982 46,265
Cost 66,129
112,394
If Freehold property had not been revalued, 1982 revaluation would have been included at the following historical cost:
31 Mar 25 31 Mar 24
£ £
Cost 112,394 112,394
Accumulated depreciation - -
5 Advances, credit and guarantees granted to directors
The following advances and credits to directors subsisted during the periods ended 31 March 2025 and 31 March 2024.
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Brighton Estates Limited (The)
Notes to the financial statements - continued
for the year ended 31 March 2025
5 Advances, credit and guarantees granted to directors - continued
31 Mar 25 31 Mar 24
£ £
T J C Pollard
Balance outstanding at start of year 14,660 5,380
Amounts advanced 2,669 14,660
Amounts repaid (14,660) (5,380)
Balance outstanding at end of year 2,669 14,660
31 Mar 25 31 Mar 24
£ £
Mrs S C Smith
Balance outstanding at start of year 15,189 -
Amounts advanced 1,980 15,189
Amounts repaid (15,189) -
Balance outstanding at end of year 1,980 15,189
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