REGISTERED NUMBER: 11198551 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

BRADGATE PROPERTIES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs C S Kind

D W Pierce

REGISTERED OFFICE:

Cedar House 3 Broad Street

Enderby

Leicester

LE19 4AA

REGISTERED NUMBER:

11198551 (England and Wales)

ACCOUNTANTS:

J Raftery Accountancy

16 Brookes Avenue

Croft

Leicester

Leicestershire

LE9 3GJ

FIXED ASSETS

Tangible assets

4

164

218

Investment property

5

417,553

634,632

417,717

634,850

CURRENT ASSETS

Debtors

6

281

87

Cash at bank

3,617

398

3,898

485

CREDITORS

Amounts falling due within one year

7

35,157

93,381

NET CURRENT LIABILITIES

(31,259

)

(92,896

)

TOTAL ASSETS LESS CURRENT LIABILITIES

386,458

541,954

CREDITORS

Amounts falling due after more than one year

8

(267,964

)

(464,528

)

PROVISIONS FOR LIABILITIES

9

(31

)

(48

)

NET ASSETS

118,463

77,378

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

118,363

77,278

SHAREHOLDERS' FUNDS

118,463

77,378

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 5 December 2025 and were signed on its behalf by:

D W Pierce - Director

Mrs C S Kind - Director

1.	STATUTORY INFORMATION

Bradgate Properties Ltd 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 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.

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.

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 NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 May 2024

and 30 April 2025

1,999

690

2,689

DEPRECIATION

At 1 May 2024

1,999

472

2,471

Charge for year

-

54

54

At 30 April 2025

1,999

526

2,525

NET BOOK VALUE

At 30 April 2025

-

164

164

At 30 April 2024

-

218

218

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2024

634,632

Additions

177,553

Disposals

(394,632

)

At 30 April 2025

417,553

NET BOOK VALUE

At 30 April 2025

417,553

At 30 April 2024

634,632

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Prepayments

281

87

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

9,724

2,458

Other creditors

18,327

11,489

Directors' current accounts

6,506

78,849

Accrued expenses

600

585

35,157

93,381

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans more 5 yrs non-inst

267,964

464,528

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

267,964

464,528

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

31

48

Deferred

tax

£

Balance at 1 May 2024

48

Provided during year

(17

)

Balance at 30 April 2025

31

10.	RELATED PARTY DISCLOSURES

As at the year ended 30 April 2025, there was a balance owed to the directors by the company of £6,506 (2024 £78,849). This amount is included within creditors on the balance sheet.

At the year end the company owes £15,438 to Bradgate Financial Solutions Ltd which is an associated company. This amount is included within the other creditors on the balance sheet.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr D Pierce & Mrs C Kind.

The ultimate controlling party is Mr D Pierce & Mrs C Kind.