BRIDLINGTON PROPERTY SERVICES LIMITED


Directors	Jonathan Justin O'Dwyer
	Alexander Charles Taylor
	David Tinsley


Registered Address	498 Ecclesall Road
	Sheffield
	S11 8PY


Registered Number	04658386 (England and Wales)

Statement of Financial Position
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		245,161		545,161
			245,161		545,161
Current assets
Debtors	5	452		4,280
Cash at bank and on hand		4,168		187
		4,620		4,467
Creditors amounts falling due within one year	6	(190,506)		(407,800)
Net current assets (liabilities)			(185,886)		(403,333)
Total assets less current liabilities			59,275		141,828
Provisions for liabilities	7		-		(6,295)
Net assets			59,275		135,533
Capital and reserves
Called up share capital			300		300
Profit and loss account			58,975		135,233
Shareholders' funds			59,275		135,533

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 15 July 2026, and are signed on its behalf by:

Alexander Charles Taylor
Director

David Tinsley
Director

Jonathan Justin O'Dwyer
Director

Registered Company No. 04658386

BRIDLINGTON PROPERTY SERVICES LIMITED

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

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

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

	Basis of preparation
	The financial statements have been prepared on the historical cost basis.

	Functional and presentation currency
	The financial statements are presented in sterling, which is the functional currency of the entity.

	Going concern
	The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis.

Going concern

The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis.

	Deferred tax
	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.

Deferred tax

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.

	Tangible fixed assets and depreciation
	Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. 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:

2.	Average number of employees


		2025		2024
	Average number of employees during the year	3		3

3.	Tangible fixed assets

	Land & buildings	Total
	£	£
Cost or valuation
At 01 January 25	545,161	545,161
Disposals	(300,000)	(300,000)
At 31 December 25	245,161	245,161
Net book value
At 31 December 25	245,161	245,161
At 31 December 24	545,161	545,161

4.	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. If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an on-going basis

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. If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an on-going basis

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	452	4,280
Total	452	4,280

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Amounts owed to related parties	106,000	170,000
Other creditors	82,395	235,920
Accrued liabilities and deferred income	2,111	1,880
Total	190,506	407,800

7.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	-	6,295
Total	-	6,295

8.	Related party transactions
	During the year the Directors made loans to the company such that the balance at the year end due to them was £82,395 (2024: £235,920).