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Company registration number: 15132505
Brightway Property Ltd
Unaudited filleted financial statements
30 September 2024
Brightway Property Ltd
Contents
Directors and other information
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Brightway Property Ltd
Directors and other information
Director S Akech
Company number 15132505
Registered office 71-75 Shelton Street
Covent Garden
London
WC2H 9JQ
Accountant Passer & Co
Charter House
20 Sunningdale Close
Stanmore
HA7 3QL
Brightway Property Ltd
Statement of financial position
30 September 2024
2024
Note £ £
Current assets
Debtors 4 1,571
_______
1,571
Creditors: amounts falling due
within one year 5 ( 1,570)
_______
Net current assets 1
_______
Total assets less current liabilities 1
_______
Net assets 1
_______
Capital and reserves
Called up share capital 1
_______
Shareholders funds 1
_______
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 03 June 2025 , and are signed on behalf of the board by:
S Akech
Director
Company registration number: 15132505
Brightway Property Ltd
Statement of changes in equity
Year ended 30 September 2024
Called up share capital Total
£ £
At 1 October 2023 - -
Profit for the year -
_______ _______
Total comprehensive income for the year - -
Issue of shares 1 1
_______ _______
Total investments by and distributions to owners 1 1
_______ _______
At 30 September 2024 1 1
_______ _______
Brightway Property Ltd
Notes to the financial statements
Year ended 30 September 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
4. Debtors
2024
£
Other debtors 1,571
_______
5. Creditors: amounts falling due within one year
2024
£
Other creditors 1,570
_______
6. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward Advances /(credits) to the director Balance o/standing
£ £ £
S Akech - ( 1,570) ( 1,570)
_______ _______ _______
7. Controlling party
The Company is controlled by its Director by virtue of her shareholding.