Brighton Road De24 Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 13229162

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		440,000		440,000

			440,000		440,000
CURRENT ASSETS
Debtors	5	220,162		219,874
Cash at bank and in hand		334		82

		220,496		219,956
Creditors: Amounts Falling Due Within One Year	6	(236,268 )		(236,268 )

NET CURRENT ASSETS (LIABILITIES)			(15,772 )		(16,312 )

TOTAL ASSETS LESS CURRENT LIABILITIES			424,228		423,688

Creditors: Amounts Falling Due After More Than One Year	7		(314,238 )		(314,160 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(48,426 )		(48,426 )

NET ASSETS			61,564		61,102

CAPITAL AND RESERVES
Called up share capital	8		100		100
Fair value reserve			148,466		148,466
Profit and Loss Account			(87,002 )		(87,464 )

SHAREHOLDERS' FUNDS			61,564		61,102

Page 1

Page 2

Brighton Road De24 Ltd

Balance Sheet (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 her 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.

On behalf of the board

Miss Heather Critchlow

Director

02/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Brighton Road De24 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13229162 . The registered office is C/O Property Accounts Limited, 59 Castle Street, Reading, RG1 7SN.

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 is recognised as rental income received.

2.3. Investment Properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The fair value of the investment property has been arrived at by the directors best estimate. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

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

4. Tangible Assets

	Investment Properties
	£
Cost
As at 1 April 2024	440,000

As at 31 March 2025	440,000

Net Book Value
As at 31 March 2025	440,000

As at 1 April 2024	440,000

5. Debtors

	2025	2024
	£	£
Due within one year
Amounts owed by group undertakings	220,162	219,874

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Amounts owed to group undertakings	231,575	231,575
Amounts owed to related parties	4,693	4,693

	236,268	236,268

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Mortgages	314,238	314,160

Page 3

Page 4

Brighton Road De24 Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

9. Related Party Transactions

Vida Property Holdings Limited

Parent company.

£131,598 (2024: £131,910) outstanding debtor balance.

Upper Boundary Ltd

Group company.

£73,563 (2024: £72,963) outstanding debtor balance.

Vida Property Solutions Limited

Group company.

£231,575 (2024: £231,575) outstanding creditor balance.

C&C Stays Ltd

Group company.

£15,000 (2024: £15,000) outstanding debtor balance.

Vida Sourcing Ltd

Indirect mutual shareholder of Brighton Road De24 Ltd.

£4,693 (2024: £4,693) outstanding creditor balance.

10. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is Vida Property Holdings Ltd . Vida Property Holdings Ltd was incorporated in England.