Registration number: 03618047

Brightwater Landscapes Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

Brightwater Landscapes Limited

Company Information

Director

J C Neave

Registered office

The Garden House Cliff Road Saxby Market Rasen LN8 2DQ

Brightwater Landscapes Limited

(Registration number: 03618047)
Balance Sheet as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	99,698	105,004
Investment property	5	349,140	345,000
		448,838	450,004
Current assets
Stocks	6	415	515
Debtors	7	20,749	3,013
Cash at bank and in hand		656	21,596
		21,820	25,124
Creditors: Amounts falling due within one year	8	(78,481)	(86,516)
Net current liabilities		(56,661)	(61,392)
Total assets less current liabilities		392,177	388,612
Provisions for liabilities		(33,970)	(33,670)
Net assets		358,207	354,942
Capital and reserves
Called up share capital	10	2	2
Other reserves		139,557	136,452
Retained earnings		218,648	218,488
Shareholders' funds		358,207	354,942

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

Director's responsibilities:

•	The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The Director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 25 August 2026
 

......................................... J C Neave Director

Brightwater Landscapes Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1	General information

The company is a private company limited by share capital incorporated in England and Wales and the company registration number is 03618047.

The address of its registered office is:
The Garden House
Cliff Road
Saxby
Market Rasen
LN8 2DQ

These financial statements cover the individual entity, Brightwater Landscapes Limited.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 including Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006, subject to the departure detailed below.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Departures from Companies Act requirements

No depreciation has been charged on property improvements as the properties are maintained to such a standard that the residual value is not less than the cost. Management have concluded that this does not affect the accounts from showing a true and fair view. Apart from this departure, the company has complied with the relevant accounting standards and legislation.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services and rent receivable in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Brightwater Landscapes Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. Unrelieved tax losses and other deferred tax assets are recognised only 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 balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	15% reducing balance
Fixtures and fittings	25% reducing balance
Investment properties	no depreciation is charged
Property improvements	no depreciation is charged

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the company's directors. The directors use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables.

Stock

Stock is stated at the lower cost and estimated selling price less costs to complete and sell.

The cost of finished goods comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Brightwater Landscapes Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

Borrowings

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the Company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the Company (including directors) during the year, was 3 (2024 - 3).

Brightwater Landscapes Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

4	Tangible assets

	Land and buildings £	Fixtures and fittings £	Plant and machinery £	Total £
Cost or valuation
At 1 September 2024	79,311	19,084	88,287	186,682
Additions	-	387	-	387
Disposals	-	(234)	(1,149)	(1,383)
At 31 August 2025	79,311	19,237	87,138	185,686
Depreciation
At 1 September 2024	11,789	16,175	53,714	81,678
Charge for the year	-	668	5,001	5,669
Eliminated on disposal	-	(230)	(1,129)	(1,359)
At 31 August 2025	11,789	16,613	57,586	85,988
Carrying amount
At 31 August 2025	67,522	2,624	29,552	99,698
At 31 August 2024	67,522	2,909	34,573	105,004

5	Investment properties

	2025 £
At 1 September 2024	345,000
Fair value adjustments	4,140
At 31 August 2025	349,140

6

Stock

	2025 £	2024 £
Stock	415	515

Brightwater Landscapes Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

7

Debtors

Current	2025 £	2024 £
Trade debtors	2,385	490
Prepayments and accrued income	1,469	1,650
Other debtors	16,895	873
	20,749	3,013

8

Creditors

	2025 £	2024 £
Due within one year
Trade creditors	968	2,054
Taxation and social security	5,802	531
Other creditors	63,566	77,713
Accruals and deferred income	8,145	6,218
	78,481	86,516

9	Loans and borrowings

	2025 £	2024 £
Current loans and borrowings
Other borrowings	62,966	77,113

10	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	2	2	2	2

Brightwater Landscapes Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

11	Related party transactions

Transactions with the Director

2025	At 1 September 2024 £	Advances to Director £	Repayments by Director £	At 31 August 2025 £
Directors' interest free loan accounts - no formal repayment	(13,555)	26,355	(382)	12,418

Expenditure with and payables to related parties

2025	Key management £
Amounts payable to related party	62,966

2024	Key management £
Amounts payable to related party	77,113