Brondswill Estates Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 00433329

Brondswill Estates Limited

Unaudited financial statements

31 March 2026

Brondswill Estates Limited

Statement of financial position

31 March 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Tangible assets	5		14,904,783		9,562,090

Current assets

Debtors	6	79,279	75,429
Cash at bank and in hand		836,817	618,519
		---------	---------
		916,096	693,948

Creditors: Amounts falling due within one year	7	( 416,855)		( 540,980)
		---------		---------
Net current assets			499,241		152,968
			------------		-----------
Total assets less current liabilities			15,404,024		9,715,058

Provisions

Taxation including deferred tax	( 1,773,307)	( 394,490)
	------------	-----------
Net assets	13,630,717	9,320,568
	------------	-----------

Capital and reserves

Called up share capital	10,000	10,000
Profit and loss account	13,620,717	9,310,568
	------------	-----------
Shareholders funds	13,630,717	9,320,568
	------------	-----------

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 income and retained earnings has not been delivered.

For the year ending 31 March 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 .

Brondswill Estates Limited

Statement of financial position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 25 July 2026 , and are signed on behalf of the board by:

D M Stonehill

Director

Company registration number: 00433329

Brondswill Estates Limited

Notes to the financial statements

Year ended 31 March 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 Sixty Six, North Quay, Great Yarmouth, Norfolk, England, NR30 1HE.

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.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for rental income, net of discounts and of Value Added Tax.

Income tax

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.

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:

	Fixtures and fittings	-	15% 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.

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 employees during the year was 4 (2025: 4 ).

5. Tangible assets

	Land and buildings	Fixtures and fittings	Total
	£	£	£
Cost or valuation
At 1 April 2025	9,544,916	221,973	9,766,889
Additions	–	217	217
Cost adjustment	( 161,425)	–	( 161,425)
Revaluations	5,506,509	–	5,506,509
	------------	---------	------------
At 31 March 2026	14,890,000	222,190	15,112,190
	------------	---------	------------
Depreciation
At 1 April 2025	–	204,799	204,799
Charge for the year	–	2,608	2,608
	------------	---------	------------
At 31 March 2026	–	207,407	207,407
	------------	---------	------------
Carrying amount
At 31 March 2026	14,890,000	14,783	14,904,783
	------------	---------	------------
At 31 March 2025	9,544,916	17,174	9,562,090
	------------	---------	------------

At the year end the investment properties were determined to have a market value of £14,890,000. All properties where valued by professional agents in February and March 2026. The total historical cost of these investment properties being £7,668,896.

6. Debtors

	2026	2025
	£	£
Trade debtors	2,183	962
Other debtors	77,096	74,467
	-------	-------
	79,279	75,429
	-------	-------

7. Creditors: Amounts falling due within one year

	2026	2025
	£	£
Social security and other taxes	182,662	232,626
Other creditors	234,193	308,354
	---------	---------
	416,855	540,980
	---------	---------