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REGISTERED NUMBER: 02720055 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

BRETSURE LIMITED

BRETSURE LIMITED (REGISTERED NUMBER: 02720055)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

Page |

Statement of Financial Position | 1 |

Notes to the Financial Statements | 3 |

BRETSURE LIMITED (REGISTERED NUMBER: 02720055)

STATEMENT OF FINANCIAL POSITION

28 FEBRUARY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 1,025 |  | 1,274 |  |

Investments | 5 | 435,044 |  | 475,527 |  |

Investment property | 6 | 3,460,000 |  | 3,460,000 |  |

3,896,069 |  | 3,936,801 |  |

CURRENT ASSETS

Debtors | 7 | 313,082 |  | 295,081 |  |

Cash at bank | 29,351 |  | 62,650 |  |

342,433 |  | 357,731 |  |

CREDITORS

Amounts falling due within one year | 8 | 109,857 |  | 120,678 |  |

NET CURRENT ASSETS | 232,576 |  | 237,053 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 4,128,645 |  | 4,173,854 |  |

PROVISIONS FOR LIABILITIES | 561,739 |  | 571,923 |  |

NET ASSETS | 3,566,906 |  | 3,601,931 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 30,000 |  | 30,000 |  |

Non-distributable reserves | 2,192,346 |  | 2,192,346 |  |

Fair value reserve | 10 | (33,002 | ) | (2,640 | ) |

Retained earnings | 1,377,562 |  | 1,382,225 |  |

SHAREHOLDERS' FUNDS | 3,566,906 |  | 3,601,931 |  |

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the Company to obtain an audit of its financial statements for the year ended 28 February 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.

BRETSURE LIMITED (REGISTERED NUMBER: 02720055)

STATEMENT OF FINANCIAL POSITION - continued

28 FEBRUARY 2025

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 16 October 2025 and were signed on its behalf by:

T Robinson - Director

BRETSURE LIMITED (REGISTERED NUMBER: 02720055)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

1. | STATUTORY INFORMATION

| Bretsure Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

| Registered number: | 02720055

| Registered office: | 1 Malvern Road

| Aylesbury

| Buckinghamshire

| HP20 1QF

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

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Fixtures and fittings | - | 25% on reducing balance

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

BRETSURE LIMITED (REGISTERED NUMBER: 02720055)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2025

2. | ACCOUNTING POLICIES - continued

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal 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. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2024 - NIL).

4. | TANGIBLE FIXED ASSETS

| Fixtures

| and

| fittings

£ |

| COST

| At 1 March 2024 | 1,699 |  |

| Additions | 93 |  |

| At 28 February 2025 | 1,792 |  |

| DEPRECIATION

| At 1 March 2024 | 425 |  |

| Charge for year | 342 |  |

| At 28 February 2025 | 767 |  |

| NET BOOK VALUE

| At 28 February 2025 | 1,025 |  |

| At 29 February 2024 | 1,274 |  |

BRETSURE LIMITED (REGISTERED NUMBER: 02720055)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2025

5. | FIXED ASSET INVESTMENTS

| Shares in |

| group |  | Listed |

| undertakings |  | investments |  | Totals

£ | £ | £ |

| COST OR VALUATION

| At 1 March 2024 | 2 |  | 475,525 |  | 475,527 |  |

| Impairments | - |  | (40,483 | ) | (40,483 | ) |

| At 28 February 2025 | 2 |  | 435,042 |  | 435,044 |  |

| NET BOOK VALUE

| At 28 February 2025 | 2 |  | 435,042 |  | 435,044 |  |

| At 29 February 2024 | 2 |  | 475,525 |  | 475,527 |  |

| Cost or valuation at 28 February 2025 is represented by:

| Shares in |

| group |  | Listed |

| undertakings |  | investments |  | Totals

£ | £ | £ |

| Valuation in 2025 | - |  | 435,042 |  | 435,042 |  |

| Cost | 2 |  | - |  | 2 |  |

2 |  | 435,042 |  | 435,044 |  |

| The Company's investments at the Statement of Financial Position date in the share capital of companies include the following:

| Candent Ltd

| Registered office: UK

| Nature of business: properties management

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 March 2024

| and 28 February 2025 | 3,460,000 |  |

| NET BOOK VALUE

| At 28 February 2025 | 3,460,000 |  |

| At 29 February 2024 | 3,460,000 |  |

BRETSURE LIMITED (REGISTERED NUMBER: 02720055)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2025

6. | INVESTMENT PROPERTY - continued

| The fair value of the investment property has been arrived at on the basis of a valuation carried out at 28 February 2025 by the Director. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

| Fair value at 28 February 2025 is represented by:

£ |

| Valuation in 2025 | 3,460,000 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Amounts owed by group undertakings | 300,756 |  | 211,622 |  |

| Other debtors | 12,326 |  | 83,459 |  |

313,082 |  | 295,081 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Taxation and social security | 17,665 |  | 27,202 |  |

| Other creditors | 92,192 |  | 93,476 |  |

109,857 |  | 120,678 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 30,000 | Ordinary | £1 | 30,000 |  | 30,000 |  |

BRETSURE LIMITED (REGISTERED NUMBER: 02720055)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2025

10. | RESERVES

| Fair

| value

| reserve

£ |

| At 1 March 2024 | (2,640 | ) |

| Transfer | (30,362 | ) |

| At 28 February 2025 | (33,002 | ) |

| Specific non-distributable reserves have been set up to record the reserves on the revaluation of the property.

| The fair value reserves represent the reserves on the fixed assets investments.

11. | RELATED PARTY DISCLOSURES

| The Company's related parties, the nature of the relationship and the extent of the transactions with them are summarised below:

|  | 2025 |  | 2024 |  |

|  | £ |  | £ |  |

| Amounts owed by/(to) T Robinson (Director) |  | (60,765 | ) | (60,765 | ) |

| Included in other debtors is the amount of £Nil (2024: £70,981) owed by the connected undertakings to the company.

| Connected undertakings:

| Fagin's Toys Limited

| Group undertakings:

| Candent Limited

| The controlling party is J E Laming.