REGISTERED NUMBER: 08764630 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

BRICKFIELDS IW LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr K Read

Mrs R Read

REGISTERED OFFICE:

1 Langley Court

Pyle Street

Newport

Isle of Wight

PO30 1LA

REGISTERED NUMBER:

08764630 (England and Wales)

ACCOUNTANTS:

Xeinadin Isle of Wight

1 Langley Court

Pyle Street

Newport

Isle of Wight

PO30 1LA

FIXED ASSETS

Tangible assets

4

1,969,953

1,192,953

CURRENT ASSETS

Debtors

5

6,668

9,804

Cash at bank

61,998

50,861

68,666

60,665

CREDITORS

Amounts falling due within one year

6

297,978

188,903

NET CURRENT LIABILITIES

(229,312

)

(128,238

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,740,641

1,064,715

CREDITORS

Amounts falling due after more than one year

7

535,000

-

NET ASSETS

1,205,641

1,064,715

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

1,205,541

1,064,615

SHAREHOLDERS' FUNDS

1,205,641

1,064,715

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2026 and were signed on its behalf by:

Mr K Read - Director

Mrs R Read - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Freehold property

The directors consider the open market value of each freehold property at the end of every accounting year, depreciation is provided to the extent that open market value of a property is less than its cost or written down value, whichever is the lowest. At the balance date all properties were considered by the directors to have an open market value in excess of their original cost and therefore no depreciation has been provided.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 December 2024

1,192,953

Additions

777,000

At 30 November 2025

1,969,953

NET BOOK VALUE

At 30 November 2025

1,969,953

At 30 November 2024

1,192,953

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

4,408

7,544

Other debtors

2,260

2,260

6,668

9,804

Other debtors is made up of £2,260 (2024: £2,260) held by a third-party deposit protection service.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other loans

240,212

130,211

Trade creditors

4,377

4,377

Tax

46,967

48,563

Directors' current accounts

4,694

4,174

Accrued expenses

1,728

1,578

297,978

188,903

The amount shown within Other loans comprises a loan from R & R Holding Ltd. The comparative balance represented outstanding amounts payable under a loan agreement with Reynolds & Read Limited, which was settled in full during the year. Mr K Read is a director of both lending companies.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other loans - 1-2 years

240,000

-

Other loans - 2-5 years

295,000

-

535,000

-

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

51

Ordinary A

£1

51

51

49

Ordinary B

£1

49

49

100

100

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr K Read.