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Company Registration No. 14984669 (England and Wales)
Brightside G71 Limited Unaudited accounts for the year ended 31 July 2025
Brightside G71 Limited Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
- 2 -
Brightside G71 Limited Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Called up share capital not paid
-
100
Fixed assets
Tangible assets
4
828,236
-
Current assets
Debtors
5
10,021
-
Cash at bank and in hand
1,304
3,372
11,325
3,372
Creditors: amounts falling due within one year
6
(478,192)
(25,000)
Net current liabilities
(466,867)
(21,628)
Net assets/(liabilities)
361,369
(21,528)
Capital and reserves
Called up share capital
100
100
Revaluation reserve
380,000
-
Profit and loss account
(18,731)
(21,628)
Shareholders' funds
361,369
(21,528)
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 March 2026 and were signed on its behalf by
David Andrew John Warnes Director Company Registration No. 14984669
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Brightside G71 Limited Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Brightside G71 Limited is a private company, limited by shares, registered in England and Wales, registration number 14984669.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 July 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 6 July 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 August 2024
-
-
-
Additions
827,453
783
828,236
At 31 July 2025
827,453
783
828,236
Depreciation
At 31 July 2025
-
-
-
Net book value
At 31 July 2025
827,453
783
828,236
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
10,021
-
- 4 -
Brightside G71 Limited Notes to the Accounts for the year ended 31 July 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
9,421
-
Trade creditors
465,736
-
Other creditors
-
25,000
Loans from directors
3,035
-
478,192
25,000
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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