Berkeley Square Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 03332524

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		5,320,000		5,320,000

			5,320,000		5,320,000
CURRENT ASSETS
Debtors	5	56,748		54,725
Cash at bank and in hand		26,380		44,982

		83,128		99,707
Creditors: Amounts Falling Due Within One Year	6	(96,199 )		(1,459,926 )

NET CURRENT ASSETS (LIABILITIES)			(13,071 )		(1,360,219 )

TOTAL ASSETS LESS CURRENT LIABILITIES			5,306,929		3,959,781

Creditors: Amounts Falling Due After More Than One Year	7		(2,356,099 )		(1,009,843 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(352,372 )		(352,372 )

NET ASSETS			2,598,458		2,597,566

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			2,598,358		2,597,466

SHAREHOLDERS' FUNDS			2,598,458		2,597,566

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Berkeley Square Limited

Balance Sheet (continued)

As At 31 March 2025

For the 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.

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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr M R Griffiths

Director

01/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Berkeley Square Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03332524 . The registered office is 11 Berkeley Square, Clifton, Bristol, BS8 1HG.

The presentation currency of the financial statements is the Pound Sterling (£).

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

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

2.2. Turnover

Turnover comprises rental ikncome sand is measured at the fair value of the consideration receivable.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.4. Financial Instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.

Short term debtors are measured at transaction price less any impairment.

Short term creditors are measured at transaction price.

Cash is represented by deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Other financial liabilities, including borrowings are initially measured at fair value and subsequently measured at amortised cost using the effective interest rate method, with interest expense recognised on an effective yield basis.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

Current and deferred taxation assets and libilities are not discounted.

Current tax

Current tax is recognised at the aamount of tax payable using the tax rate as and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised on timing differences that have originaed but not reveded at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessmemts in periods different from those in which they are recognidsed in the financial statememnts. Deferred tax is measured using tax rates and laws that have been enacted or substantially enacted by the year end and that are expected to apply to the trevewrsal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

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Berkeley Square Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Investment Property

	2025
	£
Fair Value
As at 1 April 2024 and 31 March 2025	5,320,000

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	2025	2024
	£	£
Cost	3,405,908	3,405,908

5. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	8,626	6,603
Other debtors	48,122	48,122

	56,748	54,725

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	4,620	9,713
Bank loans and overdrafts	-	1,354,958
Corporation tax	2,889	5,146
Accruals and deferred income	19,030	22,897
Directors' loan accounts	69,660	67,212

	96,199	1,459,926

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	2,356,099	1,009,843

Of the creditors falling due after more than one year the following amounts are due after more than five years.

	2025		2024
	£		£
Bank loans	-		682,030

8. Secured Creditors

Of the creditors the following amounts are secured.

	2025		2024
	£		£
Bank loans and overdrafts	2,356,099		2,364,801

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Berkeley Square Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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