1 April 2024 v2025.83.1 limited_company_frs_102_section_1a_v1_1_3 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP085607962024-04-012025-03-31085607962025-03-31085607962024-03-3108560796core:WithinOneYear2025-03-3108560796core:WithinOneYear2024-03-3108560796core:AfterOneYear2025-03-3108560796core:AfterOneYear2024-03-3108560796core:ShareCapital2025-03-3108560796core:ShareCapital2024-03-3108560796core:RetainedEarningsAccumulatedLosses2025-03-3108560796core:RetainedEarningsAccumulatedLosses2024-03-3108560796bus:Director12024-04-012025-03-3108560796bus:RegisteredOffice2024-04-012025-03-3108560796core:OfficeEquipment2024-04-012025-03-3108560796core:FurnitureFittings2024-04-012025-03-31085607962023-04-012024-03-3108560796core:PlantMachinery2024-04-0108560796core:PlantMachinery2024-04-012025-03-3108560796core:PlantMachinery2025-03-3108560796core:PlantMachinery2024-03-310856079612024-04-012025-03-3108560796countries:EnglandWales2024-04-012025-03-3108560796bus:AuditExemptWithAccountantsReport2024-04-012025-03-3108560796bus:PrivateLimitedCompanyLtd2024-04-012025-03-3108560796bus:SmallEntities2024-04-012025-03-3108560796bus:FullAccounts2024-04-012025-03-31
Company registration number:
08560796
Brook Street Property Services Limited
Unaudited Filleted Financial Statements for the year ended
31 March 2025
Brook Street Property Services Limited
Statement of Financial Position
31 March 2025
20252024
Note££
Fixed assets    
Tangible assets 4
367
 
651
 
Current assets    
Debtors 5
8,753
 
7,384
 
Cash at bank and in hand
3,537
 
473
 
12,290
 
7,857
 
Creditors: amounts falling due within one year 6
(12,592
 )
(8,338
 )
Net current liabilities
(302
 )
(481
 )
Total assets less current liabilities 65   170  
Creditors: amounts falling due after more than one year 7
(32,700
 )
(33,037
 )
Net liabilities
(32,635
 )
(32,867
 )
Capital and reserves    
Called up share capital
10
 
10
 
Profit and loss account
(32,645
 )
(32,877
 )
Shareholders deficit
(32,635
 )
(32,867
 )
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.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
21 November 2025
, and are signed on behalf of the board by:
Mr D Peterson
Director
Company registration number:
08560796
Brook Street Property Services Limited
Notes to the Financial Statements
Year ended
31 March 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Spring Court
,
3 Brook Street
,
Walcote
,
Leicestershire
,
LE17 4JR
, United Kingdom.

2 Accounting policies

Basis of preparation

These financial statements have been prepared in accordance with the provisions of FRS 102 including those in Section 1A small entities and under the historical cost basis except for the revaluation of certain fixed assets and the inclusion of certain investment properties and financial instruments at fair value.
The company has early adopted the provisions of the triennial review amendments made in December 2017.
The presentation currency is the Pound Sterling (£).

Going concern

The financial statements have been prepared on a going concern basis due to the continued support of the director, who has formally deferred his loan account to ensure that the company's debts can be paid as they fall due.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods and services supplied, net of discounts and Value Added Tax.
Income is recognised when goods and services have been delivered to customers such that risks and rewards of ownership have transferred to them.

Tangible assets

Tangible assets are included at cost less depreciation and impairment. Cost includes expenditure incurred in bringing the assets into working conditions for their intended use. The estimated costs of dismantling and removing leasehold improvements and restoring the property to its original condition are included, to the extent that they are required to be recognised as a provision. The cost of replacing major components and the cost of major inspections are included in cost, but borrowing costs are not capitalised.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment
25% straight line
Fixtures and fittings
25% straight line

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

Basic financial instruments are recognised at amortised cost using the effective interest method, except for
a) Investments in non-derivative equity instruments which are measured at fair value, with changes recognised in profit and loss; and
b) Loans from members of a director's close family group where that group contains a shareholder which are recognised at transaction cost following the adoption of the amendments to FRS 102 in the triennial review. In previous years these loans were recorded at the present value of the future cash flows. Opening equity and the comparative figures have been amended in line with the revised policy and the effects and included in the Statement of changes in equity and note 4.
Derivative financial instruments are initially recorded at cost and thereafter at fair value, with changes recognised in profit and loss.

3 Average number of employees

The average number of persons employed by the company during the year was
1
(2024:
1.00
).

4 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 April 2024
3,434
 
Additions
30
 
At
31 March 2025
3,464
 
Depreciation  
At
1 April 2024
2,783
 
Charge
314
 
At
31 March 2025
3,097
 
Carrying amount  
At
31 March 2025
367
 
At 31 March 2024
651
 

5 Debtors

20252024
££
Trade debtors
7,512
 
5,848
 
Other debtors
1,241
 
1,536
 
8,753
 
7,384
 

6 Creditors: amounts falling due within one year

20252024
££
Trade creditors
1,933
 
1,635
 
Taxation and social security
4,517
 
3,300
 
Other creditors
6,142
 
3,403
 
12,592
 
8,338
 

7 Creditors: amounts falling due after more than one year

20252024
££
Other creditors
32,700
 
33,037