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Company Registration No. 09722577 (England and Wales)
Brentwood Properties Ltd Unaudited accounts for the year ended 31 December 2024
Brentwood Properties Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Brentwood Properties Ltd Company Information for the year ended 31 December 2024
Director
P. X. McGuigan
Company Number
09722577 (England and Wales)
Registered Office
The Old Pump House, Railway Road Withnell Chorley Lancashire PR6 8UA United Kingdom
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Brentwood Properties Ltd Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
2,257,713
2,277,863
Current assets
Debtors
5
1,800
500
Cash at bank and in hand
288
7,993
2,088
8,493
Creditors: amounts falling due within one year
6
(168,804)
(205,207)
Net current liabilities
(166,716)
(196,714)
Total assets less current liabilities
2,090,997
2,081,149
Creditors: amounts falling due after more than one year
7
(1,481,657)
(1,565,206)
Net assets
609,340
515,943
Capital and reserves
Called up share capital
1
1
Profit and loss account
609,339
515,942
Shareholders' funds
609,340
515,943
For the year ending 31 December 2024 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 September 2025 and were signed on its behalf by
P. X. McGuigan Director Company Registration No. 09722577
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Brentwood Properties Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Brentwood Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 09722577. The registered office is The Old Pump House, Railway Road, Withnell, Chorley, Lancashire, PR6 8UA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Freehold land is not depreciated. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
over 50 years (buildings only)
Plant & machinery
Over 5 years
Fixtures & fittings
Over 5 years
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 January 2024
2,404,478
At 31 December 2024
2,404,478
Depreciation
At 1 January 2024
126,615
Charge for the year
20,150
At 31 December 2024
146,765
Net book value
At 31 December 2024
2,257,713
At 31 December 2023
2,277,863
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Brentwood Properties Ltd Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024
2023
£
£
Amounts falling due within one year
Trade debtors
1,800
500
6
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
31,000
62,751
Trade creditors
-
1,482
Taxes and social security
37,849
38,198
Other creditors
50,950
50,950
Loans from directors
49,005
51,826
168,804
205,207
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
428,841
462,390
Other creditors
1,052,816
1,102,816
1,481,657
1,565,206
Aggregate of amounts that fall due for payment after five years
993,815
1,043,815
Bank loans are secured by way of a first legal charge on the freehold properties to which the loans relate, together with a debenture on the company and a limited guarantee from an associated entity.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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