Braybrooke Investments (Weymouth) Limited 12327585 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is trading in land. Digita Accounts Production Advanced 6.30.9574.0 true true 12327585 2024-04-01 2025-03-31 12327585 2025-03-31 12327585 core:CurrentFinancialInstruments 2025-03-31 12327585 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 12327585 bus:SmallEntities 2024-04-01 2025-03-31 12327585 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 12327585 bus:FilletedAccounts 2024-04-01 2025-03-31 12327585 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 12327585 bus:RegisteredOffice 2024-04-01 2025-03-31 12327585 bus:Director1 2024-04-01 2025-03-31 12327585 bus:Director2 2024-04-01 2025-03-31 12327585 bus:Director3 2024-04-01 2025-03-31 12327585 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12327585 bus:Agent1 2024-04-01 2025-03-31 12327585 countries:AllCountries 2024-04-01 2025-03-31 12327585 2023-04-01 2024-03-31 12327585 2024-03-31 12327585 core:CurrentFinancialInstruments 2024-03-31 12327585 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 iso4217:GBP xbrli:pure

Registration number: 12327585

Braybrooke Investments (Weymouth) Limited

Annual Report and Unaudited Financial Statements (Filleted)

for the Year Ended 31 March 2025

image-name
 

Braybrooke Investments (Weymouth) Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3

Notes to the Unaudited Financial Statements

4 to 6

 

Braybrooke Investments (Weymouth) Limited

Company Information

Directors

Ms LJ Wilson

Mr LA Wilson

Mr SJ Connell

Registered office

Ground Floor South Suite
Afon House
Worthing Road
Horsham
West Sussex
RH12 1TL

Accountants

Ritchie Phillips LLP
Chartered AccountantsGround Floor South Suite
Afon House
Worthing Road
Horsham
West Sussex
RH12 1TL

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Braybrooke Investments (Weymouth) Limited
for the Year Ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Braybrooke Investments (Weymouth) Limited for the year ended 31 March 2025 as set out on pages 3 to 6 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Braybrooke Investments (Weymouth) Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Braybrooke Investments (Weymouth) Limited and state those matters that we have agreed to state to the Board of Directors of Braybrooke Investments (Weymouth) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Braybrooke Investments (Weymouth) Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Braybrooke Investments (Weymouth) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Braybrooke Investments (Weymouth) Limited. You consider that Braybrooke Investments (Weymouth) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Braybrooke Investments (Weymouth) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Ritchie Phillips LLP
Chartered Accountants
Ground Floor South Suite
Afon House
Worthing Road
Horsham
West Sussex
RH12 1TL

11 July 2025

 

Braybrooke Investments (Weymouth) Limited

(Registration number: 12327585)
Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Current assets

 

Stocks

4

605,076

605,076

Debtors

18,183

-

Cash at bank and in hand

 

417,827

445,488

 

1,041,086

1,050,564

Creditors: Amounts falling due within one year

5

(990,532)

(976,401)

Net assets

 

50,554

74,163

Capital and reserves

 

Called up share capital

10,000

10,000

Retained earnings

40,554

64,163

Shareholders' funds

 

50,554

74,163

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 9 July 2025 and signed on its behalf by:
 

.........................................
Mr SJ Connell
Director

 

Braybrooke Investments (Weymouth) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in Engalnd and Wales.

The address of its registered office is:
Ground Floor South Suite
Afon House
Worthing Road
Horsham
West Sussex
RH12 1TL
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the transactions relating to the sale of land, rental income received and also the receipts in relation to agreements made to sell land in future periods. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Braybrooke Investments (Weymouth) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks represent the value of land held and are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

4

Stocks

2025
£

2024
£

Other inventories

605,076

605,076

 

Braybrooke Investments (Weymouth) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5

Creditors

Creditors: amounts falling due within one year

Note

2025
£

2024
£

Due within one year

 

Loans and borrowings

6

968,193

948,599

Accruals and deferred income

 

3,350

4,165

Other creditors

 

18,989

23,637

 

990,532

976,401

6

Loans and borrowings

Current loans and borrowings

2025
£

2024
£

Other borrowings

968,193

948,599