Brindley Drive Prop Co Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 13992131

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	42,177,181		23,256,153
Debtors	5	1,644,279		44,779
Cash at bank and in hand		351,639		292,047

		44,173,099		23,592,979
Creditors: Amounts Falling Due Within One Year	6	(44,176,086 )		(23,596,942 )

NET CURRENT ASSETS (LIABILITIES)			(2,987 )		(3,963 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(2,987 )		(3,963 )

NET LIABILITIES			(2,987 )		(3,963 )

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			(3,087 )		(4,063 )

SHAREHOLDERS' FUNDS			(2,987)		(3,963)

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Alexander Neale

Director

27 July 2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Brindley Drive Prop Co Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13992131 . The registered office is 23rd Floor Alpha Tower, Suffolk Street Queensway, Birmingham, B1 1TT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared in Sterling (£), which is the functional currency of the company. The financial statements are for the year ended 31 October 2025 (2024: year ended 31 October 2024).

The financial statements are prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

2.2. Going Concern Disclosure

The Company is dependant upon a loan from a third party. The third party has indicated that they will continue to provide the financial support necessary to enable the Company to continue in operational existence for the foreseeable future. Accordingly, these financial statements have been prepared on the going concern basis.

2.3. Stocks and Work in Progress

The development in progress is valued at cost. Cost includes finance and direct costs.

2.4. Financial Instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Stocks

	2025	2024
	£	£
Work in progress	42,177,181	23,256,153

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	7,140	7,728
Other debtors	1,637,139	37,051

	1,644,279	44,779

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	467,115	7,728
Other creditors	43,704,721	23,585,464
Accruals and deferred income	4,250	3,750

	44,176,086	23,596,942

Other creditors are secured against the assets of the Company.

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Page 3

Brindley Drive Prop Co Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

8. Post Balance Sheet Events

During the year, the company secured debt funding for the project. This will be drawn upon post year end.

9. Ultimate Controlling Party

The Company is a wholly owned subsidiary of Brindley Drive Mid Co Limited. Its ultimate parent undertaking is Court Collaboration Holdings Limited.

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