BRYN PROPERTIES LIMITED

	Page
Abridged Balance Sheet	1
Notes to the Abridged Financial Statements	2—3

Registered number: 12522838

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		5,765		6,410
Investment Properties	5		263,000		262,000

			268,765		268,410
CURRENT ASSETS
Cash at bank and in hand		2,250		2,277

		2,250		2,277
Creditors: Amounts Falling Due Within One Year		(274,210 )		(277,616 )

NET CURRENT ASSETS (LIABILITIES)			(271,960 )		(275,339 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(3,195 )		(6,929 )

NET LIABILITIES			(3,195 )		(6,929 )

CAPITAL AND RESERVES
Called up share capital	6		2		2
Profit and Loss Account			(3,197 )		(6,931 )

SHAREHOLDERS' FUNDS			(3,195)		(6,929)

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 28 February 2025 in accordance with section 444(2A) of the Companies Act 2006.

The financial statements were approved by the board of directors on 1 July 2025 and were signed on its behalf by:

Mr Paul Atkinson

Director

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

BRYN PROPERTIES LIMITED is a private company, limited by shares, incorporated in England & Wales.

The registered number is 12522838 .

The registered office is 74 Dickenson Road, Rusholme, Manchester, M14 5HF.

No dividends have been paid and none are proposed.

Related party transactions are reported in the notes to the accounts.

There are no other related party transactions to report.

There are no contingent liabilities or post balance sheet events to report.

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.

2.2. Turnover

Turnover represents total lettings and rents receivable. The business is not Value Added Tax (VAT) registered.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less accumulated depreciation.

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

Plant & Machinery	10% Reducing Balance
Fixtures & Fittings	15% Reducing Balance

No depreciation is provided in the year of acquisition.

2.4. Investment Properties

Investment Property is revalued annually and any surplus or deficit is dealt with through profit and loss.

No depreciation is provided in respect of the property.

Property is composed of the freehold property and added alterations.

2.5. Accounting Reference Date

The accounting reference date is 28 February.

These accounts are for the year ended 28 February 2025.

2.6. Comparative Figures

The comparative figures used throughout these accounts are as at 28 February 2024 or are for the year ended on that date.

2.7. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, who are employed under a contract of service during the year was: NIL (2024: NIL)

4. Tangible Assets

	Total
	£
Cost or Valuation
As at 29 February 2024	8,669

As at 28 February 2025	8,669

Depreciation
As at 29 February 2024	2,259
Provided during the period	645

As at 28 February 2025	2,904

...CONTINUED

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BRYN PROPERTIES LIMITED

Notes to the Abridged Financial Statements (continued)

For The Year Ended 28 February 2025

Net Book Value
As at 28 February 2025	5,765

As at 29 February 2024	6,410

5. Investment Property

	2025
	£
Fair Value
As at 29 February 2024	262,000
Revaluations	1,000

As at 28 February 2025	263,000

6. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
1 Ordinary A shares of £ 1.00 each	1	1
1 Ordinary B shares of £ 1.00 each	1	1

	2	2

The Company's share capital is composed of 2 £1 Ordinary Shares with Mrs Lucy Atkinson holding 1 A £1 Ordinary Share and Mr Paul Atkinson holding 1 B £1 Ordinary Share, both throughout the year.

7. Related Party Transactions

Transactions with Related Parties

Swallows Flight Associates Limited is an associated company under the control of the two shareholders. Mr Paul Atkinson holds 50 £1 Ordinary Shares in Swallows Flight Associates Limited, representing 20% of the issued share capital, and Mrs Lucy Atkinson owns 200 £1 Ordinary Share representing 80% of the issued capital, there being a total of 250 £1 Ordinary Shares in issue.

Mrs Lucy Atkinson is a director of Swallows Flight Associates Limited.

Transactions in the year with Swallows Flight Associates Limited were as follows:

Balance due to Swallows Flight Associates Limited b/f - £206,655 (2024 £206,655)

Monies advanced by Swallows Flight Associates Limited - £Nil (2024 £Nil)

Repayments - £Nil (2024 £Nil)

Balance due to Swallows Flight Associates Limited carried forward - £206,655 (2024 £206,655)

8. Ultimate Controlling Party

The Company was controlled throughout the year by Mr Paul Atkinson and Mrs Lucy Atkinson with each holding 1 £1 Ordinary Share, there being 2 £1 Ordinary Shares in issue.

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