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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

Bradleys Estate and Block Management Limited is a private company limited by shares incorporated in England and Wales. The registered office is 7 Stevenstone Road, Exmouth, Devon, EX8 2EP.

The company changed its name from Eaton-Terry Clark Limited to Bradleys Estate and Block Management Limited on 1 May 2025.

The financial year end of the company was changed from 31 March to 31 December so as to be coterminous with the year end of its parent company. Accordingly, the current period figures in the financial statements (including the related notes) present results for the 9 month period from 1 April 2024 to 31 December 2024 and are therefore not entirely comparable with the prior year.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

Commissions earned from property lettings are recognised when the underlying service has been performed. Invoices are payable immediately when the rent or fee is collected from the tenant.

Commissions earned from block management are recognised over the period of time the underlying management service has been performed.

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

The tax expense represents the sum of the tax currently payable

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

On 31 May 2024 the company sold its holiday letting business for £60,000. This has been accounted for as a profit on disposal of an intangible asset within administrative expenses.

The average monthly number of persons (including directors) employed by the company during the period was:

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

In our opinion the financial statements:

• give a true and fair view of the state of the company's affairs as at 31 December 2024 and of its profit for the period then ended;

• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

• have been prepared in accordance with the requirements of the Companies Act 2006.

The company's immediate parent company is Bradleys Group Limited, a company incorporated in England &

Wales.

The ultimate parent company is Bradleys Group (Holdings) Limited, a company incorporated in England &

Wales, whose registered office is 7 Stevenstone Road, Exmouth, England, EX8 2EP. The smallest group in

which the results of the company are consolidated is headed by that company

As at 31 December 2024, monies held by the company in separate bank accounts on behalf of clients amounted to £967,136. Neither this amount, nor the matching liabilities to the related clients are included on the balance sheet.