Brittanic Properties (London) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05077017 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

BRITTANIC PROPERTIES (LONDON) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTORS:

C S CHANDHOK

Ms S K Chandhok

Mrs M K Anand

SECRETARY:

Ms S K Chandhok

REGISTERED OFFICE:

12 Woodside Avenue

London

N12 8BG

REGISTERED NUMBER:

05077017 (England and Wales)

ACCOUNTANTS:

Malshahz Accountants

27 Russell Road

Whetstone

London

N20 0TN

FIXED ASSETS

Tangible assets

4

2,878,823

2,892,179

CURRENT ASSETS

Debtors

5

141,350

140,100

Cash at bank

37,954

41,537

179,304

181,637

CREDITORS

Amounts falling due within one year

6

(629,588

)

(608,138

)

NET CURRENT LIABILITIES

(450,284

)

(426,501

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,428,539

2,465,678

CREDITORS

Amounts falling due after more than one
year

7

(1,043,953

)

(1,066,023

)

NET ASSETS

1,384,586

1,399,655

CAPITAL AND RESERVES

Called up share capital

1,000

Retained earnings

1,383,586

1,398,655

SHAREHOLDERS' FUNDS

1,384,586

1,399,655

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 9 September 2025 and were signed on its behalf by:

C S CHANDHOK - Director

1.	STATUTORY INFORMATION

Brittanic Properties (London) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents rents receivable excluding 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.

Freehold property

-

in accordance with the property

Computer equipment

-

25% on reducing balance

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Motor

Computer

property

vehicles

equipment

Totals

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

2,962,762

45,319

1,929

3,010,010

DEPRECIATION

At 1 April 2024

111,414

4,532

1,885

117,831

Charge for year

8,814

4,532

10

13,356

At 31 March 2025

120,228

9,064

1,895

131,187

NET BOOK VALUE

At 31 March 2025

2,842,534

36,255

34

2,878,823

At 31 March 2024

2,851,348

40,787

44

2,892,179

Cost or valuation at 31 March 2025 is represented by:

Freehold

Motor

Computer

property

vehicles

equipment

Totals

£

Valuation in 1

400,000

-

400,000

Valuation in 2

800,000

-

800,000

Cost

1,762,762

45,319

1,929

1,810,010

2,962,762

45,319

1,929

3,010,010

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

31.3.25

31.3.24

£

Cost

1,762,762

Aggregate depreciation

120,228

93,786

Value of land in freehold land and buildings

1,300,000

Freehold land and building were valued on an open market basis on 31 March 2021 by Directors of the company. .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Other debtors

141,350

140,100

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts

34,008

22,070

Trade creditors

-

7,200

Taxation and social security

4,135

5,397

Other creditors

591,445

573,471

629,588

608,138

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Bank loans

1,043,953

1,066,023

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on pages two to five and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Malshahz Accountants

27 Russell Road

Whetstone

London

N20 0TN

Date: .............................................