Company registration number 08777205 (England and Wales)
BRADSHAW EQUITY LTD
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
BRADSHAW EQUITY LTD
COMPANY INFORMATION
Directors
Mr R Yallop
Mr M Yallop
Secretary
Company number
08777205
Registered office
Create Business Hub
Ground Floor , 5 Rayleigh Road
Hutton
Brentwood
Essex
CM13 1AB
Accountants
Xeinadin South East Ltd
Create Business Hub
Ground Floor , 5 Rayleigh Road
Hutton
Brentwood
Essex
CM13 1AB
BRADSHAW EQUITY LTD
CONTENTS
Page
Directors' report
1
Accountants' report
2
Profit and loss account
3
Balance sheet
4
Notes to the financial statements
5 - 7
BRADSHAW EQUITY LTD
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 MARCH 2025
- 1 -
The directors present their annual report and financial statements for the year ended 31 March 2025.
Directors
The directors who held office during the year and up to the date of signature of the financial statements were as follows:
Mr R Yallop
Mr M Yallop
Small companies exemption
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
On behalf of the board
Mr M Yallop
Director
30 September 2025
BRADSHAW EQUITY LTD
REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF BRADSHAW EQUITY LTD
- 2 -
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 March 2025.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet, you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give a true and fair view.
You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the directors for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Xeinadin South East Ltd
Create Business Hub
Ground Floor , 5 Rayleigh Road
Hutton
Brentwood
Essex
CM13 1AB
30 September 2025
BRADSHAW EQUITY LTD
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
2025
2024
£
£
Turnover
-
-
Administrative expenses
(453,526)
(193,845)
Other operating income
41,188
33,828
Operating loss
(412,338)
(160,017)
Interest receivable and similar income
529,215
389,538
Interest payable and similar expenses
(24,395)
(23,470)
Profit before taxation
92,482
206,051
Tax on profit
(27,160)
(44,802)
Profit for the financial year
65,322
161,249
The profit and loss account has been prepared on the basis that all operations are continuing operations.
BRADSHAW EQUITY LTD
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 4 -
31 March 2025
29 February 2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
3,543,485
3,543,485
Current assets
Debtors
4
2,967,789
982,122
Cash at bank and in hand
5,723,174
7,872,040
8,690,963
8,854,162
Creditors: amounts falling due within one year
5
(11,564,669)
(11,798,250)
Net current liabilities
(2,873,706)
(2,944,088)
Total assets less current liabilities
669,779
599,397
Creditors: amounts falling due after more than one year
6
(300,000)
(300,000)
Provisions for liabilities
(50,000)
(44,940)
Net assets
319,779
254,457
Capital and reserves
Called up share capital
99
99
Revaluation reserve
7
150,000
150,000
Profit and loss reserves
169,680
104,358
Total equity
319,779
254,457
For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 30 September 2025 and are signed on its behalf by:
Mr M Yallop
Director
Company registration number 08777205 (England and Wales)
BRADSHAW EQUITY LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
1
Accounting policies
Company information
Bradshaw Equity Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Create Business Hub, Ground Floor , 5 Rayleigh Road, Hutton, Brentwood, Essex, CM13 1AB.
1.1
Accounting convention
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, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
1.2
Tangible fixed assets
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:
Freehold land and buildings
No depreciation charge in the year
Freehold land and assets in the course of construction are not depreciated.
1.3
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
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.
Deferred tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.
The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.
BRADSHAW EQUITY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 6 -
1.4
Retirement benefits
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2025
2024
Number
Number
Total
0
0
3
Tangible fixed assets
Land and buildings
£
Cost
At 1 March 2024 and 31 March 2025
3,543,485
Depreciation and impairment
At 1 March 2024 and 31 March 2025
Carrying amount
At 31 March 2025
3,543,485
At 29 February 2024
3,543,485
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
2,967,789
982,122
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
92,971
92,971
Trade creditors
3,000
37,885
Amounts owed to group undertakings
8,031,539
8,043,539
Taxation and social security
71,726
49,936
Other creditors
3,365,433
3,573,919
11,564,669
11,798,250
BRADSHAW EQUITY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 7 -
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
300,000
300,000
7
Revaluation reserve
2025
2024
£
£
At the beginning and end of the year
150,000
150,000