REGISTERED NUMBER: 11536105 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Brolow Property Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Investment property

4

1,739,769

1,374,293

CURRENT ASSETS

Debtors

5

(24,590

)

16,627

Cash at bank

6

128,379

36,897

103,789

53,524

CREDITORS

Amounts falling due within one year

7

176,248

141,395

NET CURRENT LIABILITIES

(72,459

)

(87,871

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,667,310

1,286,422

CREDITORS

Amounts falling due after more than one year

8

(1,286,621

)

(980,185

)

PROVISIONS FOR LIABILITIES

9

(21,831

)

(4,984

)

NET ASSETS

358,858

301,253

CAPITAL AND RESERVES

Called up share capital

10

10

10

Non distributable reserves

11

71,787

21,247

Retained earnings

11

287,061

279,996

SHAREHOLDERS' FUNDS

358,858

301,253

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 24 December 2025 and were signed by:

Y Lobenstein - Director

1.	STATUTORY INFORMATION

Brolow Property Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11536105

Registered office:

Jaylow House, Leyton Link Estate

Argall Avenue

London

E10 7FD

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 as modified by the revaluation of certain assets.

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.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial Instruments are recognised in the company's balance sheet when the company becomes party to contractual provisions of the instrument.

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 1 (2023 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

1,374,293

Additions

298,089

Revaluations

67,387

At 31 December 2024

1,739,769

NET BOOK VALUE

At 31 December 2024

1,739,769

At 31 December 2023

1,374,293

Fair value at 31 December 2024 is represented by:

£

Valuation in 2020

26,231

Valuation in 2024

67,387

Cost

1,646,151

1,739,769

5.

DEBTORS

31.12.24

31.12.23

£

£

Amounts falling due within one year:

Other debtors

(6,151

)

9,464

Amounts falling due after more than one year:

Other debtors

(18,439

)

7,163

Aggregate amounts

(24,590

)

16,627

6.	CASH AT BANK

31.12.24

31.12.23

£

£

Bank account no. 1

128,379

36,897

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

2,709

2,709

Taxation and social security

1,657

4,436

Other creditors

171,882

134,250

176,248

141,395

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

1,286,621

980,185

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

1,286,621

980,185

9.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

21,831

4,984

Deferred tax

£

Balance at 1 January 2024

4,984

Provided during year

16,847

Balance at 31 December 2024

21,831

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

10

Ordinary

10

10

10

11.

RESERVES

Non

Retained

distributable

earnings

reserves

Totals

£

£

£

At 1 January 2024

279,996

21,247

301,243

Profit for the year

57,605

57,605

Gains or losses from fair value adjustments

(67,387

)

67,387

-

Deferred tax

16,847

(16,847

)

-

At 31 December 2024

287,061

71,787

358,848