Silverfin false false 31/12/2025 01/01/2025 31/12/2025 R Fine 19/10/2015 P Kennedy 19/10/2015 D Uzan 19/10/2015 15 April 2026 The principal activity of the Company is that of real estate asset management consultancy. 09831441 2025-12-31 09831441 bus:Director1 2025-12-31 09831441 bus:Director2 2025-12-31 09831441 bus:Director3 2025-12-31 09831441 2024-12-31 09831441 core:CurrentFinancialInstruments 2025-12-31 09831441 core:CurrentFinancialInstruments 2024-12-31 09831441 core:ShareCapital 2025-12-31 09831441 core:ShareCapital 2024-12-31 09831441 core:RetainedEarningsAccumulatedLosses 2025-12-31 09831441 core:RetainedEarningsAccumulatedLosses 2024-12-31 09831441 core:CostValuation 2024-12-31 09831441 core:CostValuation 2025-12-31 09831441 bus:OrdinaryShareClass1 2025-12-31 09831441 2025-01-01 2025-12-31 09831441 bus:FilletedAccounts 2025-01-01 2025-12-31 09831441 bus:SmallEntities 2025-01-01 2025-12-31 09831441 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 09831441 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 09831441 bus:Director1 2025-01-01 2025-12-31 09831441 bus:Director2 2025-01-01 2025-12-31 09831441 bus:Director3 2025-01-01 2025-12-31 09831441 2024-01-01 2024-12-31 09831441 core:Subsidiary1 2025-01-01 2025-12-31 09831441 core:Subsidiary1 1 2025-01-01 2025-12-31 09831441 core:Subsidiary1 1 2024-01-01 2024-12-31 09831441 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 09831441 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 09831441 1 2025-01-01 2025-12-31 iso4217:GBP xbrli:pure decimalUnit xbrli:shares

Company No: 09831441 (England and Wales)

# BROTHERTON REAL ESTATE INVESTMENT MANAGEMENT LIMITED

### Unaudited Financial Statements
For the financial year ended 31 December 2025
Pages for filing with the registrar

BROTHERTON REAL ESTATE INVESTMENT MANAGEMENT LIMITED

## Unaudited Financial Statements

For the financial year ended 31 December 2025

Contents

BROTHERTON REAL ESTATE INVESTMENT MANAGEMENT LIMITED

## STATEMENT OF FINANCIAL POSITION

As at 31 December 2025
BROTHERTON REAL ESTATE INVESTMENT MANAGEMENT LIMITED

## STATEMENT OF FINANCIAL POSITION (continued)

As at 31 December 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Investments | 3 | 100 |  | 100
|  | 100 |  | 100
Current assets |  |  |  |
Debtors | 4 | 95,238 |  | 97,546
Cash at bank and in hand |  | 33,903 |  | 58,226
|  | 129,141 |  | 155,772
Creditors: amounts falling due within one year | 5 | ( 141,703) |  | ( 166,958)
Net current liabilities |  | (12,562) |  | (11,186)
Total assets less current liabilities |  | (12,462) |  | (11,086)
Net liabilities |  | ( 12,462) |  | ( 11,086)
Capital and reserves |  |  |  |
Called-up share capital | 6 | 3 |  | 3
Profit and loss account |  | ( 12,465 ) |  | ( 11,089 )
Total shareholders' deficit |  | ( 12,462) |  | ( 11,086)

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Brotherton Real Estate Investment Management Limited (registered number: 09831441) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

R Fine Director |  | P Kennedy Director

15 April 2026

BROTHERTON REAL ESTATE INVESTMENT MANAGEMENT LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025
BROTHERTON REAL ESTATE INVESTMENT MANAGEMENT LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Brotherton Real Estate Investment Management Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 35 Ballards Lane, London, N3 1XW, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The financial statements have been prepared on a going concern basis which assumes that the Company will continue in operational existence for the foreseeable future and will be able to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements.
The Company had net current liabilities of £12,562 and net liabilities of £12,462 at the year end date.
The directors have assessed the Statement of Financial Position and likely future cash flows and confirm that the Company has sufficient access to working capital to support the business for the foreseeable future. In addition, they confirm that the Company will continue to be supported by group companies and that a loan owed to a group company of £72,412 will not be recalled until such time that the Company can afford to do so. Accordingly, they consider it appropriate to continue adopting the going concern basis of accounting.

##### Turnover

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
- the amount of revenue can be measured reliably;
- it is probable that the Company will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.

##### Finance costs

Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### Fixed asset investments

Investments in subsidiaries are measured at cost less accumulated impairment.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Financial instruments

The Company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans to and from related parties and investments in non-puttable ordinary shares.

Financial assets
Basic financial assets, including trade and other debtors, and amounts due from related companies, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Such assets are subsequently carried at amortised cost using the effective interest method.
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in the Statement of Income and Retained Earnings.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities
Basic financial liabilities, including trade and other creditors and accruals, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

##### Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the company during the year, including directors | 3 |  | 3

#### 3. Fixed asset investments

Investments in subsidiaries

| 2025
| £
Cost |
At 01 January 2025 | 100
At 31 December 2025 | 100
Carrying value at 31 December 2025 | 100
Carrying value at 31 December 2024 | 100

Investments in shares

Name of entity | Registered office | Principal activity | Class of shares | Ownership 31.12.2025 | Ownership 31.12.2024
BREIM Properties Ltd | 35 Ballards Lane, London, N3 1XW | Property investment | Ordinary | 100.00% | 100.00%

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Amounts owed by group undertakings | 95,238 |  | 95,514
Accrued income | 0 |  | 2,032
| 95,238 |  | 97,546

#### 5. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Amounts owed to group undertakings | 72,412 |  | 57,012
Amounts owed to associates | 33,332 |  | 33,332
Accruals | 1,614 |  | 1,539
Corporation tax | 25,244 |  | 67,568
Other taxation and social security | 9,101 |  | 7,507
| 141,703 |  | 166,958

#### 6. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
3 Ordinary shares of £ 1.00 each | 3 |  | 3

#### 7. Related party transactions

The company has taken advantage of Section 1AC.35 of FRS 102 (1A) by not disclosing transactions with wholly owned group companies.
Included within amounts owed to group undertakings is a balance of £72,412 (2024: £57,012) owed to a group company. This balance is unsecured and interest free, with no fixed repayment terms.
Also included amounts owed to associates is a balance of £33,332 (2024: £33,332) owed to an associate of the Company. This balance is unsecured and interest free, with no fixed repayment terms.

#### 8. Ultimate controlling party

The company is a subsidiary of Brotherton Holdings Limited, a company registered in England and Wales.