| Bridle Lane (Estates) Limited |
| Registered number: |
00592176 |
| Balance Sheet |
| as at 31 October 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
|
| Fixed assets |
|
|
|
- |
|
|
- |
|
| Current assets |
| Debtors |
3 |
|
240 |
|
|
240 |
| Cash at bank and on deposit |
|
|
64,721 |
|
|
56,556 |
|
|
|
64,961 |
|
|
56,796 |
|
| Creditors: amounts falling due within one year |
4 |
|
(1,715) |
|
|
(2,210) |
|
| Net current assets |
|
|
|
63,246 |
|
|
54,586 |
|
| Net assets |
|
|
|
63,246 |
|
|
54,586 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
295 |
|
|
295 |
| Profit and loss account |
|
|
|
62,951 |
|
|
54,291 |
|
| Shareholders' funds |
|
|
|
63,246 |
|
|
54,586 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| B Cope |
| Director |
| Approved by the board on 13 April 2026 |
|
| Bridle Lane (Estates) Limited |
| Notes to the Accounts |
| for the year ended 31 October 2025 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover comprises the amounts due from the residents under the terms of their covenants attached to their properties and under resolutions passed by the Company in General Meeting. |
|
|
Income and expenditure |
|
The members pay an annual levy to:
a. contribute to the maintenance of the Company's property
b. provide funds for the defence of covenants, and
c. acquire ownership of the freehold of roads known as Bridle Lane and Wagon Way ("the Estate").
The above levies are credited to the profit and loss account and any expenditure is debited to this account.
The income and expenditure all relates to continuing activities. |
|
Interest receivable |
| |
Interest receivable in the year on the Company's investments is credited to the profit and loss account. |
|
|
Tangible fixed assets |
|
Freehold land, i.e. the roads and verges of the Estate, was written off in the year of purchase as the directors are of the opinion that it does not have any underlying value. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
| 3 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Other debtors |
240 |
|
240 |
|
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Taxation |
204 |
|
318 |
|
Other creditors |
1,511 |
|
1,892 |
|
|
|
|
|
|
1,715 |
|
2,210 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Share capital |
2025 |
|
2024 |
| £ |
£ |
|
Authorised |
|
500 Ordinary shares of £1 each |
500 |
|
500 |
|
|
|
|
|
|
|
|
|
|
Allotted, called up and fully paid |
|
295 Ordinary shares of £1 each |
295 |
|
295 |
|
|
|
|
|
|
|
|
|
|
Each dwelling holder holds 5 shares in the company. |
|
|
|
| 6 |
Profit and loss account |
2025 |
|
2024 |
| £ |
£ |
|
|
At 1 November 2024 |
54,292 |
|
51,255 |
|
Profit for the financial year |
8,659 |
|
3,036 |
|
At 31 October 2025 |
62,951 |
|
54,291 |
|
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
Bridle Lane (Estates) Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Equity House |
|
23 The Paddock |
|
Chalfont St Peter |
|
Buckinghamshire |
|
SL9 0JJ |