Company registration number 07852333 (England and Wales)
BRINKLEY PROPERTIES LIMITED
TRADING AS 'THE OLD SMITHY'
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
PAGES FOR FILING WITH REGISTRAR
BRINKLEY PROPERTIES LIMITED
TRADING AS 'THE OLD SMITHY'
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
BRINKLEY PROPERTIES LIMITED
TRADING AS 'THE OLD SMITHY'
BALANCE SHEET
AS AT
30 NOVEMBER 2025
30 November 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
395,346
407,423
Current assets
Stocks
12,800
11,500
Debtors
4
1,042
2,473
Cash at bank and in hand
63,436
53,671
77,278
67,644
Creditors: amounts falling due within one year
5
(150,902)
(174,384)
Net current liabilities
(73,624)
(106,740)
Total assets less current liabilities
321,722
300,683
Creditors: amounts falling due after more than one year
6
(204,787)
(221,680)
Provisions for liabilities
(1,721)
(1,925)
Net assets
115,214
77,078
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
115,213
77,077
Total equity
115,214
77,078
BRINKLEY PROPERTIES LIMITED
TRADING AS 'THE OLD SMITHY'
BALANCE SHEET (CONTINUED)
AS AT
30 NOVEMBER 2025
30 November 2025
- 2 -

For the financial year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has 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 Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 12 August 2026 and are signed on its behalf by:
Mr M King
Director
Company registration number 07852333 (England and Wales)
BRINKLEY PROPERTIES LIMITED
TRADING AS 'THE OLD SMITHY'
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 3 -
1
Accounting policies
Company information

Brinkley Properties Limited is a private company limited by shares incorporated in England and Wales. The registered office is 8 - 10 Castle Street, Eccleshall, Stafford, Staffordshire, ST21 6DF.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Revenue

Turnover is recognised at the fair value of the consideration received or receivable for goods provided in the normal course of business, and is shown net of VAT and other sales related taxes.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Land and buildings Freehold
2% p.a. straight line
Fixtures, fittings & equipment
20% p.a. reducing balance
Motor vehicles
25% p.a. reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and those overheads that have been incurred in bringing the stocks to their present location and condition.

1.5
Cash and cash equivalents

Cash at bank and in hand are basic financial assets and include cash in hand and deposits held at call with banks,

BRINKLEY PROPERTIES LIMITED
TRADING AS 'THE OLD SMITHY'
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
1
Accounting policies
(Continued)
- 4 -
1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, and bank loans, are initially recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account.

BRINKLEY PROPERTIES LIMITED
TRADING AS 'THE OLD SMITHY'
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
1
Accounting policies
(Continued)
- 5 -
1.8
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

1.9
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
28
19
3
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 December 2024
441,438
78,154
519,592
Disposals
-
0
(27,120)
(27,120)
At 30 November 2025
441,438
51,034
492,472
Depreciation and impairment
At 1 December 2024
44,145
68,024
112,169
Depreciation charged in the year
8,829
1,721
10,550
Eliminated in respect of disposals
-
0
(25,593)
(25,593)
At 30 November 2025
52,974
44,152
97,126
Carrying amount
At 30 November 2025
388,464
6,882
395,346
At 30 November 2024
397,293
10,130
407,423
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
1,042
2,473
BRINKLEY PROPERTIES LIMITED
TRADING AS 'THE OLD SMITHY'
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 6 -
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
15,622
13,694
Trade creditors
13,892
13,313
Taxation and social security
36,790
22,475
Other creditors
84,598
124,902
150,902
174,384

The bank loan of £1 5,622 is secured by a fixed and floating charge over the property.

6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
204,787
221,680
Creditors which fall due after five years are payable as follows:
Payable by instalments
143,663
162,131

The bank loan of £204,787 is secured by a fixed and floating charge over the property.

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