Broughton Land & Property Ltd

	Page
Abridged Statement of Financial Position	1—2
Notes to the Abridged Financial Statements	3—6

Registered number: 06425487

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		5,860		7,625
Investment Properties	5		1,250,000		1,250,000
Investments	6		50		51

			1,255,910		1,257,676
CURRENT ASSETS
Debtors	7	236,777		282,117
Cash at bank and in hand		3,898		4,870

		240,675		286,987
Creditors: Amounts Falling Due Within One Year		(38,283 )		(109,798 )

NET CURRENT ASSETS (LIABILITIES)			202,392		177,189

TOTAL ASSETS LESS CURRENT LIABILITIES			1,458,302		1,434,865

Creditors: Amounts Falling Due After More Than One Year	8		(395,470 )		(408,813 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(47,031 )		(47,472 )

NET ASSETS			1,015,801		978,580

CAPITAL AND RESERVES
Called up share capital	10		600,000		600,000
Fair value reserve	12		171,642		171,642
Income Statement			244,159		206,938

SHAREHOLDERS' FUNDS			1,015,801		978,580

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Broughton Land & Property Ltd

Abridged Statement of Financial Position (continued)

As At 31 March 2025

For the year ending 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 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

All of the company's members have consented to the preparation of an Abridged Income Statement and an Abridged Statement of Financial Position for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Jonathan Brouwer

Director

1st December 2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Broughton Land & Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06425487 . The registered office is The Farm House Westwood Grange, Ollerton Road, Tuxford, Nottinghamshire, NG22 0PF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the entity.

2.2. Turnover

Turnover represents the amounts of rents receivable during the year net of Value Added Tax, and the provision of management and other property related services.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% reducing balance
Motor Vehicles	25% reducing balance
Computer Equipment	3 years straight line

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income statement.

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income statement as incurred.

2.6. Financial Instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are inititially recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Current assets and current liablitites are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.

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Broughton Land & Property Ltd

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 2)

4. Tangible Assets

	Total
	£
Cost or Valuation
As at 1 April 2024	23,854
Additions	100

As at 31 March 2025	23,954

Depreciation
As at 1 April 2024	16,229
Provided during the period	1,865

As at 31 March 2025	18,094

Net Book Value
As at 31 March 2025	5,860

As at 1 April 2024	7,625

Cost or valuation as at 31 March 2025 represented by:

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
At cost	2,109	21,745	100	23,954

	2,109	21,745	100	23,954

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Broughton Land & Property Ltd

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

5. Investment Property

	2025
	£
Fair Value
As at 1 April 2024 and 31 March 2025	1,250,000

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	2025	2024
	£	£
Cost	1,032,645	1,032,645

The valuation of all the investment properties was reviewed by JM Brouwer, MRICS, director of Broughton Land & Property Ltd, at 31 March 2025 and no change in valuation was considered necessary from the values at 31 March 2024.

6. Investments

	Total
	£
Cost or Valuation
As at 1 April 2024	51
Disposals	(1 )

As at 31 March 2025	50

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	50

As at 1 April 2024	51

7. Debtors

	2025	2024
	£	£
Due after more than one year
Other debtors	1,500	-

8. Creditors: amounts falling due after five years

Of the creditors falling due after more than one year the following amounts are due after more than five years.

	2025		2024
	£		£
Bank loans	23,182		27,274

9. Secured Creditors

Of the creditors the following amounts are secured on the assets concerned:

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	11,792
Bank loans and overdrafts	407,554	417,049

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Broughton Land & Property Ltd

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	600,000	600,000

11. Directors Advances, Credits and Guarantees

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Mr Jonathan Brouwer	51,003	(53,644 )	500	-	(2,141 )

The above loan is unsecured, interest free and repayable on demand.

12. Reserves

	Fair Value Reserve
	£
As at 1 April 2024	171,642

As at 31 March 2025	171,642

13. Related Party Transactions

The company owned 25% of the issued share capital of South Yorkshire Estates Limited, a company which was dissolved 3 June 2025. At 31 March 2024 South Yorkshire Estates Limited owed Broughton Land & Property Ltd £50,000 which has been repaid plus interest of £20,000.

The company owns 50% of the issued share capital of Preston Commercial Investments Limited. At 31 March 2025 Preston Commercial Investments Limited owed Broughton Land & Property Ltd £222,500 (2024: £222,443). This relates to a loan which is interest free and payable on demand.

At 31 March 2025 JEB Estates Ltd owed Broughton Land & Property Ltd £900 (2024: £1,200). JEB Estates Ltd is a company in which Mr JM Brouwer is a director.

At 31 March 2025 Land Consulting Ltd owed Broughton Land & Property Ltd £1,195. At 31 March 2024 Broughton Land & Property Ltd owed Land Consulting Ltd £25,188, a company in which Mr JM Brouwer is a director and Mr JM Brouwer and Mrs RE Brouwer are shareholders.

At 31 March 2025 Broughton Land & Property Ltd owed £3,204 (2024: £618) to JM Brouwer(Property Services) Ltd, a company in which Mr JM Brouwer and Mrs RE Brouwer and directors and shareholders.

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