REGISTERED NUMBER: 07937488 (England and Wales)

Unaudited Financial Statements

For The Year Ended 28th February 2026

for

Brandon Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

7

DIRECTOR:

G Mason

REGISTERED OFFICE:

The Threshing Barn

Fownhope

Herefordshire

HR1 4PU

REGISTERED NUMBER:

07937488 (England and Wales)

ACCOUNTANTS:

Wildin (Accountants & Auditors) Ltd

Kings Buildings

Lydney

Gloucestershire

GL15 5HE

FIXED ASSETS

Investment property

4

4,539,736

4,502,183

CURRENT ASSETS

Debtors

5

-

82

Cash at bank

236,121

194,148

236,121

194,230

CREDITORS

Amounts falling due within one year

6

968,473

1,047,496

NET CURRENT LIABILITIES

(732,352

)

(853,266

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,807,384

3,648,917

CREDITORS

Amounts falling due after more than one year

7

(1,607,200

)

(1,616,000

)

PROVISIONS FOR LIABILITIES

10

(43,129

)

(43,129

)

NET ASSETS

2,157,055

1,989,788

CAPITAL AND RESERVES

Called up share capital

11

1

1

Revaluation reserve

12

128,572

128,572

Retained earnings

12

2,028,482

1,861,215

SHAREHOLDERS' FUNDS

2,157,055

1,989,788

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2026 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 and authorised for issue by the director and authorised for issue on 15th May 2026 and were signed by:

G Mason - Director

1.	STATUTORY INFORMATION

Brandon 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.

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.

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 NIL (2025 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st March 2025

4,502,183

Additions

37,553

At 28th February 2026

4,539,736

NET BOOK VALUE

At 28th February 2026

4,539,736

At 28th February 2025

4,502,183

Fair value at 28th February 2026 is represented by:

£

Valuation in 2016

171,701

Cost

4,368,035

4,539,736

If investment properties had not been revalued they would have been included at the following historical cost:

28.2.26

28.2.25

£

£

Cost

4,368,035

4,330,482

Investment was valued on an open market basis on 28th February 2026 by the director. .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

VAT

-

82

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Tax

54,032

66,757

VAT

1,328

-

Directors' current accounts

879,241

931,045

Accrued expenses

33,872

49,694

968,473

1,047,496

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans (see note 8)

1,607,200

1,616,000

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,605,000

1,605,000

8.

LOANS

An analysis of the maturity of loans is given below:

28.2.26

28.2.25

£

£

Amounts falling due between two and five years:

Bank loans - 2-5 years

2,200

11,000

28.2.26

28.2.25

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,605,000

1,605,000

9.	SECURED DEBTS

The following secured debts are included within creditors:

28.2.26

28.2.25

£

£

Bank loans

1,607,200

1,616,000

Fixed Charges are giving against the Freehold Properties owned by the company to it's lenders.

10.	PROVISIONS FOR LIABILITIES

28.2.26

28.2.25

£

£

Deferred tax

43,129

43,129

Deferred

tax

£

Balance at 1st March 2025

43,129

Balance at 28th February 2026

43,129

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.26

28.2.25

value:

£

£

1

Ordinary

£1

1

1

12.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1st March 2025

1,861,215

128,572

1,989,787

Profit for the year

167,267

167,267

At 28th February 2026

2,028,482

128,572

2,157,054

13.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is G Mason.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Brandon Properties Limited for the year ended 28th February 2026 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the director of Brandon Properties Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Brandon Properties Limited and state those matters that we have agreed to state to the director of Brandon Properties Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Brandon Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Brandon Properties Limited. You consider that Brandon Properties Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Brandon Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Wildin (Accountants & Auditors) Ltd

Kings Buildings

Lydney

Gloucestershire

GL15 5HE

Date: 15th May 2026