ACCOUNTS - Final Accounts

Creditors: Amounts falling due within one year

Registered number: 11823612

BRYANTS PROPERTY HOLDINGS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2025

BRYANTS PROPERTY HOLDINGS LIMITED

REGISTERED NUMBER: 11823612

STATEMENT OF FINANCIAL POSITION

AS AT 28 FEBRUARY 2025


		2025		2024
Note	£	£	£	£

Fixed assets
Investment property	4		510,000		403,809
			510,000		403,809

Creditors: amounts falling due within one year	5	(391,206)		(412,453)
Net current liabilities			(391,206)		(412,453)
Total assets less current liabilities			118,794		(8,644)
Provisions for liabilities
Deferred tax	6	(26,548)		-
			(26,548)		-
Net assets/(liabilities)			92,246		(8,644)

Capital and reserves
Called up share capital	7	100	100
Investment property reserve		79,643	-
Profit and loss account		12,503	(8,744)
		92,246	(8,644)

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BRYANTS PROPERTY HOLDINGS LIMITED

REGISTERED NUMBER: 11823612

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 28 FEBRUARY 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

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

The Company has opted not to file the Statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 4 November 2025.

R J Bryant

Directors

The notes on pages 3 to 7 form part of these financial statements.

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BRYANTS PROPERTY HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

1.	General information

Bryants Property Holdings Limited is a company limited by shares, incorporated in England and Wales. The address of the registered office is Bryants Nurseries, Water Lane, Bovingdon, Hemel Hempstead, United Kingdom, HP3 0NA.
The company is a property investment company.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

2.2

Going concern

The financial statements have been prepared on a going concern basis, notwithstanding the net current liabilities of £391,206 (2024 - £412,453) at the reporting date. The directors of the company are of the opinion that the company will continue to generate sufficient rental income and that they will support the company for at least another 12 months from the date of approval of the financial statements. Therefore, the directors deem it appropriate to prepare the financial statements on a going concern basis.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

Revenue represents rents receivable from investment property. Revenue is recognised as it falls due, in accordance with the lease to which it relates.

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BRYANTS PROPERTY HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

2.Accounting policies (continued)

2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.5

Investment property

Investment properties are properties held to earn rent and capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of the investment properties are included in the Statement of comprehensive income in the year in which they arise.

2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.7

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

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BRYANTS PROPERTY HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

Employees

The average monthly number of employees, including directors, during the year was 3 (2024 - 3).

4.	Investment property

		Freehold investment property
		£
	Valuation
	At 1 March 2024	403,809
	Change in fair value	106,191
	At 28 February 2025	510,000

The valuations were made by the directors, on an open market value for existing use basis.

Corporation tax	2,956	-
Other creditors	386,310	410,513
Accruals and deferred income	1,940	1,940
	391,206	412,453

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BRYANTS PROPERTY HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

6.	Deferred taxation

		2025
		£

	Charged to profit or loss	26,548
	At end of year	26,548

	Potential capital gains tax on investment property	26,548	-
		26,548	-

Allotted, called up and fully paid

10 Ordinary A shares of £1 each	10	10
45 Ordinary B shares of £1 each	45	45
45 Ordinary C shares of £1 each	45	45

	100	100

The Ordinary A £1 shares, Ordinary B £1 shares and Ordinary C £1 shares rank pari passu in all respects, except the declaration of dividends.

8.	Related party transactions
	Included within other creditors is a balance of £215 (2024 - £4,514) owed to a company under common control. Included within other creditors is a balance of £386,095 (2024 - £405,999) due to one of the directors.

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BRYANTS PROPERTY HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

9.	Controlling party

The ultimate controlling party is R J Bryant.

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