REGISTERED NUMBER: 00712795 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

BRONTE PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J D Bell

T F Needham

C J Stockbridge

Z Bell

SECRETARY:

T F Needham

REGISTERED OFFICE:

Tower House

Fishergate

York

North Yorkshire

YO10 4UA

REGISTERED NUMBER:

00712795 (England and Wales)

ACCOUNTANTS:

Rawse, Varley & Co

Chartered Accountants

Lloyds Bank Chambers

Hustlergate

Bradford

BD1 1UQ

FIXED ASSETS

Investment property

4

1,219,000

1,219,000

CURRENT ASSETS

Debtors

5

8,000

9,950

Cash at bank

80,145

73,800

88,145

83,750

CREDITORS

Amounts falling due within one year

6

32,325

26,406

NET CURRENT ASSETS

55,820

57,344

TOTAL ASSETS LESS CURRENT LIABILITIES

1,274,820

1,276,344

PROVISIONS FOR LIABILITIES

7

90,065

90,065

NET ASSETS

1,184,755

1,186,279

CAPITAL AND RESERVES

Called up share capital

8

40,000

40,000

Retained earnings

9

1,144,755

1,146,279

SHAREHOLDERS' FUNDS

1,184,755

1,186,279

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 11 December 2025 and were signed on its behalf by:

J D Bell - Director

T F Needham - Director

1.	STATUTORY INFORMATION

Bronte Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention except for the modification to a fair value basis for investment property as explained below.

Turnover

Turnover represents rental income receivable, excluding value added tax.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 2 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

1,219,000

NET BOOK VALUE

At 31 March 2025

1,219,000

At 31 March 2024

1,219,000

Investment property was valued by the directors on an open market basis as at 31 March 2025.

If investment property had not been revalued, it would have been included at historical cost of £173,693 (2024 - £173,693).

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

8,000

9,950

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Corporation tax

12,721

7,853

Social security and other taxes

1,242

1,243

Other creditors

1,088

1,078

Accruals and deferred income

17,274

16,232

32,325

26,406

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

90,065

90,065

Deferred

tax

£

Balance at 1 April 2024

90,065

Balance at 31 March 2025

90,065

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

40,000

Ordinary

£1

40,000

40,000

9.

RESERVES

Retained

earnings

£

At 1 April 2024

1,146,279

Profit for the year

48,476

Dividends

(50,000

)

At 31 March 2025

1,144,755

Retained earnings include £955,242 (2024 - £955,242) which are non-distributable unrealised surpluses arising from the re-statement of investment property to fair value, stated net of attributable deferred tax.

10.	DIRECTOR'S LOAN

During the year a loan of £8,000 was made to J D Bell, which was outstanding at 31 March 2025. The loan was interest free and has been repaid since the year end.