IRIS Accounts Production v25.2.0.378 00477108 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh004771082024-03-31004771082025-03-31004771082024-04-012025-03-31004771082023-03-31004771082023-04-012024-03-31004771082024-03-3100477108ns15:EnglandWales2024-04-012025-03-3100477108ns14:PoundSterling2024-04-012025-03-3100477108ns10:Director12024-04-012025-03-3100477108ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3100477108ns10:SmallEntities2024-04-012025-03-3100477108ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3100477108ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3100477108ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3100477108ns10:FullAccounts2024-04-012025-03-3100477108ns10:OrdinaryShareClass12024-04-012025-03-3100477108ns10:Director22024-04-012025-03-3100477108ns10:RegisteredOffice2024-04-012025-03-3100477108ns5:CurrentFinancialInstruments2025-03-3100477108ns5:CurrentFinancialInstruments2024-03-3100477108ns5:ShareCapital2025-03-3100477108ns5:ShareCapital2024-03-3100477108ns5:RevaluationReserve2025-03-3100477108ns5:RevaluationReserve2024-03-3100477108ns5:RetainedEarningsAccumulatedLosses2025-03-3100477108ns5:RetainedEarningsAccumulatedLosses2024-03-3100477108ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3100477108ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3100477108ns10:OrdinaryShareClass12025-03-3100477108ns5:RevaluationReserve2024-03-31
REGISTERED NUMBER: 00477108 (England and Wales)















BRIERY PROPERTY COMPANY LIMITED

Unaudited Financial Statements

for the Year Ended 31 March 2025






BRIERY PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 00477108)

Contents of the Financial Statements
for the year ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BRIERY PROPERTY COMPANY LIMITED

Company Information
for the year ended 31 March 2025







Directors: E A Hedley
J R C Arkwright





Registered office: The Tarn House
Middlerigg
Windermere
Cumbria
LA23 1LG





Registered number: 00477108 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

BRIERY PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 00477108)

Balance Sheet
31 March 2025

2025 2024
Notes £ £
Fixed assets
Tangible assets 4 750,000 750,000

Current assets
Debtors 5 12,326 12,891
Cash at bank 236,202 200,331
248,528 213,222
Creditors
Amounts falling due within one year 6 (25,731 ) (19,909 )
Net current assets 222,797 193,313
Total assets less current liabilities 972,797 943,313

Capital and reserves
Called up share capital 7 10,000 10,000
Revaluation reserve 8 (156,816 ) (156,816 )
Retained earnings 1,119,613 1,090,129
Shareholders' funds 972,797 943,313

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.

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 20 August 2025 and were signed on its behalf by:





J R C Arkwright - Director


BRIERY PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 00477108)

Notes to the Financial Statements
for the year ended 31 March 2025


1. Statutory information

Briery Property Company Limited is a private company limited by shares and incorporated in England and Wales. The address of the company's registered office is the Tarn House, Middlerigg, Windermere, Cumbria, LA231LG. The registered number is 00477108.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Other income
Dilapidations income is measured at the fair value of consideration received or receivable net of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Financial instruments
The company has applied the provisions of Section 11 "Basic Financial Instruments" and Section 12 "Other Financial Instrument Issues" of FRS 102 to its financial statements.

Financial instalments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Leasing incentives
The company from time to time provides incentives to enter into new lease agreements. These incentives may take the form of an initial period of the lease being rent free or at a reduced rent. In accordance with the standard accounting treatment for lease incentives, the rent free period or reduction in rent is allocated on a straight line basis over the full lease term or, where a lease commenced prior to the date of transition to Section 1A of FRS102, up to the rent review date.

Investment property
Investment properties are properties which are held either to earn rental income or for capital appreciation or for both.

Investment properties are measured at cost upon initial recognition. The initial cost of the property comprises of its purchase price and any directly attributable expenditure.

Subsequently, investment property is measured at fair value at each reporting date with changes in fair value recognised in the income statement in the period that they arise. No depreciation is provided in respect of investment properties applying the fair value model.

3. Employees and directors

The average number of employees during the year was 2 (2024 - 2 ) .

BRIERY PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 00477108)

Notes to the Financial Statements - continued
for the year ended 31 March 2025


4. Tangible fixed assets

Independent professional revaluations of all investment properties, taking into account the open market conditions, were carried out as at 31 March 2023. The Director confirms the value of the property is unlikely to have materially changed since this valuation.

In respect of the fixed assets stated at valuations, the comparable historical cost values are as follows:

20252024
££
Historical cost906,816906,816

Cost or valuation at 31 March 2025 is represented by:

Freehold
property
£
Valuation in 2025 750,000

5. Debtors: amounts falling due within one year
2025 2024
£ £
Trade debtors 11,400 10,300
Other debtors 926 2,591
12,326 12,891

6. Creditors: amounts falling due within one year
2025 2024
£ £
Trade creditors 3,003 (1,584 )
Taxation and social security 7,306 3,895
Other creditors 15,422 17,598
25,731 19,909

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £ £
10,000 Ordinary £1 10,000 10,000

8. Reserves
Revaluation
reserve
£
At 1 April 2024
and 31 March 2025 (156,816 )