Britt Broadbent Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01253489

BRITT BROADBENT LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 January 2026

BRITT BROADBENT LIMITED

STATEMENT OF FINANCIAL POSITION

31 January 2026

	2026		2025
Note	£	£	£	£

FIXED ASSETS

Tangible assets	5	7,335,629	7,767,682
Investments	6	462,422	520,216
		-------------	-------------
		7,798,051	8,287,898

CURRENT ASSETS

Debtors	7	2,703	3,225
Cash at bank and in hand		302,835	71,054
		----------	---------
		305,538	74,279

CREDITORS: amounts falling due within one year	8	85,875		94,471
		----------		---------
NET CURRENT ASSETS/(LIABILITIES)			219,663		( 20,192)
			-------------		-------------
TOTAL ASSETS LESS CURRENT LIABILITIES			8,017,714		8,267,706

PROVISIONS	780,803	888,842
	-------------	-------------
NET ASSETS	7,236,911	7,378,864
	-------------	-------------

BRITT BROADBENT LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 January 2026

	2026		2025
Note	£	£	£	£

CAPITAL AND RESERVES

Called up share capital	9	27,332	27,332
Revaluation reserve		2,341,688	2,668,506
Capital redemption reserve		22,668	22,668
Profit and loss account		4,845,223	4,660,358
		-------------	-------------
SHAREHOLDERS FUNDS		7,236,911	7,378,864
		-------------	-------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 January 2026 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 year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 29 June 2026 , and are signed on behalf of the board by:

C S Broadbent

Director

Company registration number: 01253489

BRITT BROADBENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 JANUARY 2026

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Westfield Farm, Kirk Smeaton, Nr Pontefract, West Yorkshire, WF8 3LT.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. There are not considered to be any judgements, accounting estimates or assumptions that have a significant impact on the financial statements.

Current and deferred taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease income is recognised in profit or loss on a straight line basis over the lease term. The aggregate cost of lease incentives are recognised as a reduction to income over the lease term on a straight-line basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred in negotiating and arranging the operating lease are added to the carrying amount of the lease and recognised as an expense over the lease term on the same basis as the lease income.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Plant and machinery	-	25% reducing balance

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 3 (2025: 3 ).

5. TANGIBLE ASSETS

	Freehold property	Plant and machinery	Total
	£	£	£
Cost or valuation
At 1 February 2025	7,767,682	–	7,767,682
Additions	–	4,680	4,680
Revaluations	( 435,758)	–	( 435,758)
	-------------	-------	-------------
At 31 January 2026	7,331,924	4,680	7,336,604
	-------------	-------	-------------
Depreciation
At 1 February 2025	–	–	–
Charge for the year	–	975	975
	-------------	-------	-------------
At 31 January 2026	–	975	975
	-------------	-------	-------------
Carrying amount
At 31 January 2026	7,331,924	3,705	7,335,629
	-------------	-------	-------------
At 31 January 2025	7,767,682	–	7,767,682
	-------------	-------	-------------

The freehold property includes investment property and land. The investment property value was estimated by the directors during the year ended 31 January 2026. The fair value of the land is calculated at the year end using agricultural average market land value figures supplied by Knight Frank.

Tangible assets held at valuation

In respect of tangible assets held at valuation, the aggregate cost, depreciation and comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:

	Freehold property
	£
At 31 January 2026
Aggregate cost	4,212,314
Aggregate depreciation	(37,812)
	-------------
Carrying value	4,174,502
	-------------

At 31 January 2025
Aggregate cost	4,212,314
Aggregate depreciation	(34,350)
	-------------
Carrying value	4,177,964
	-------------

6. INVESTMENTS

	Other investments other than loans
	£
Cost
At 1 February 2025	520,216
Additions	180,667
Disposals	( 256,553)
Revaluations	18,092
	----------
At 31 January 2026	462,422
	----------
Impairment
At 1 February 2025 and 31 January 2026	–
	----------

Carrying amount
At 31 January 2026	462,422
	----------
At 31 January 2025	520,216
	----------

7. DEBTORS

	2026	2025
	£	£
Other debtors	2,703	3,225
	-------	-------

8. CREDITORS: amounts falling due within one year

	2026	2025
	£	£
Corporation tax	41,479	42,107
Other creditors	44,396	52,364
	---------	---------
	85,875	94,471
	---------	---------

9. CALLED UP SHARE CAPITAL

Issued, called up and fully paid

	2026		2025
	No.	£	No.	£
Ordinary shares of £ 1 each	27,332	27,332	27,332	27,332
	---------	---------	---------	---------

10. CAPITAL COMMITMENTS

Capital expenditure contracted for but not provided for in the financial statements is as follows:

	2026	2025
	£	£
Tangible assets	–	4,680
	----	-------