Brickline Properties Limited - Accounts to registrar (filleted)

Unaudited Financial Statements

for the Year Ended 30 September 2025

for

Brickline Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C Pulze

Mrs L Pulze

SECRETARY:

Mrs L Pulze

REGISTERED OFFICE:

8/10 South Street

Epsom

Surrey

KT18 7PF

REGISTERED NUMBER:

06692906 (England and Wales)

ACCOUNTANTS:

Williams & Co Epsom LLP

Chartered Accountants

8-10 South Street

Epsom

Surrey

KT18 7PF

FIXED ASSETS

Investments

4

3,107,209

Investment property

5

2,289,524

5,396,733

CURRENT ASSETS

Debtors

6

42,389

45,954

Cash at bank

-

10,598

42,389

56,552

CREDITORS

Amounts falling due within one year

7

951,969

952,561

NET CURRENT LIABILITIES

(909,580

)

(896,009

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

4,487,153

4,500,724

CREDITORS

Amounts falling due after more than one year

8

(127,059

)

(165,001

)

PROVISIONS FOR LIABILITIES

(132,976

)

(132,976

)

NET ASSETS

4,227,118

4,202,747

CAPITAL AND RESERVES

Called up share capital

10

1,000

Share premium

699,768

Fair value reserve

11

912,382

Retained earnings

2,613,968

2,589,597

SHAREHOLDERS' FUNDS

4,227,118

4,202,747

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 May 2026 and were signed on its behalf by:

Mrs L Pulze - Director

1.	STATUTORY INFORMATION

Brickline Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Investments in associates

Investments in associate undertakings are recognised at cost.

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.

The directors are also of the view that the property does not need to be depreciated as it is likely that it can only increase based on current economic forecasts.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Rental income

Income is accounted for on a receivable basis and is recognised in line with the terms of the lease.

Joint venture income

The company recognises any profits due from its joint venture activities when it has the right to receive any profits due in accordance with any joint venture agreements in place.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 1 October 2024

and 30 September 2025

3,107,209

NET BOOK VALUE

At 30 September 2025

3,107,209

At 30 September 2024

3,107,209

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Associated company

Oakspear Limited

Registered office: 8-10 South Street, Epsom, Surrey, KT18 7PF

Nature of business: Investment property company

%

Class of shares:

holding

Ordinary

50.00

31.12.24

31.12.23

£

Aggregate capital and reserves

7,551,885

7,437,056

Profit for the year

114,829

60,833

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

and 30 September 2025

2,289,524

NET BOOK VALUE

At 30 September 2025

2,289,524

At 30 September 2024

2,289,524

Fair value at 30 September 2025 is represented by:

£

Valuation in 2017

839,613

Valuation in 2021

89,524

Cost

1,360,387

2,289,524

The investment property was valued on an open market basis on 13th March 2017 by Fleurets Chartered Surveyors and has since been updated by the directors at September 2021.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

42,389

37,011

Other debtors

-

8,943

42,389

45,954

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

44,995

36,667

Trade creditors

1,754

-

Amounts owed to associates

736,095

850,000

Taxation and social security

6,773

5,721

Other creditors

162,352

60,173

951,969

952,561

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Bank loans

127,059

165,001

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank loans

163,726

201,668

The company currently has a mortgage in place which is secured by a charge on the freehold property owned by the company. Under the terms of the mortgage, monthly repayments of capital are made and interest is calculated and paid over the same month as it arises.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

1,000

Ordinary

1

1,000

11.

RESERVES

Fair

value

reserve

£

At 1 October 2024

and 30 September 2025

912,382

12.	ULTIMATE CONTROLLING PARTY

The controlling party is C Pulze.