Registration number: 12784813

11 Briggate Ltd

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 6

11 Briggate Ltd

(Registration number: 12784813)
Balance Sheet as at 31 March 2026

	Note	2026 £		2025 £
Fixed assets
Intangible assets	5		26,836		32,204
Tangible assets	6		19,183		29,456
			46,019		61,660
Current assets
Stocks	7	18,022		13,322
Debtors	8	135,593		156,699
Cash at bank and in hand		136,704		45,450
		290,319		215,471
Creditors: Amounts falling due within one year	9	(326,325)		(252,936)
Net current liabilities			(36,006)		(37,465)
Total assets less current liabilities			10,013		24,195
Provisions for liabilities			(4,795)		(7,364)
Net assets			5,218		16,831
Capital and reserves
Called up share capital		100		100
Profit and loss account		5,118		16,731
Total equity			5,218		16,831

For the financial 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their 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 and 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 Board on 5 October 2026 and signed on its behalf by:
 

......................................... Mr M. Rothwell Director

......................................... Mr T.G. Kernachan Director

11 Briggate Ltd

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
34 Wellington Street
Leeds
LS1 2DE

These financial statements were authorised for issue by the Board on 5 October 2026.

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 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006.
.

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The financial statements are presented in Sterling (£).

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services 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 and it is probable that future economic benefits will flow to the company.

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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

11 Briggate Ltd

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2026

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets, over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and equipment	25% Straight line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	10% Straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

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.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

11 Briggate Ltd

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2026

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 30 (2025 - 29).

4	Loss before tax

Arrived at after charging/(crediting)

	2026 £	2025 £
Depreciation expense	17,155	43,391
Amortisation expense	5,368	5,368

5	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 April 2025	53,676	53,676
At 31 March 2026	53,676	53,676
Amortisation
At 1 April 2025	21,472	21,472
Amortisation charge	5,368	5,368
At 31 March 2026	26,840	26,840
Carrying amount
At 31 March 2026	26,836	26,836
At 31 March 2025	32,204	32,204

11 Briggate Ltd

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2026

6	Tangible assets

	Plant and equipment £	Total £
Cost or valuation
At 1 April 2025	152,786	152,786
Additions	6,882	6,882
Disposals	(91,045)	(91,045)
At 31 March 2026	68,623	68,623
Depreciation
At 1 April 2025	123,330	123,330
Charge for the year	17,155	17,155
Eliminated on disposal	(91,045)	(91,045)
At 31 March 2026	49,440	49,440
Carrying amount
At 31 March 2026	19,183	19,183
At 31 March 2025	29,456	29,456

7

Stocks

	2026 £	2025 £
Other inventories	18,022	13,322

8

Debtors

Debtors: amounts falling due within one year		2026 £	2025 £
Trade debtors		-	9,646
Amounts owed from group undertakings		83,701	120,000
Prepayments		51,857	17,000
Other debtors		35	10,053
		135,593	156,699

The company is related to Leeds Pride Community Group Ltd by virtue of the common shareholding of Mr M. Rothwell and Mr T.G. Kernachan.

Other debtors include a loan to Leeds Pride Community Group Ltd in the amount of £35 (2025 £nil). The loan is interest free, unsecured and repayable on demand by the company.

11 Briggate Ltd

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2026

9

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Trade creditors	113,686	71,484
Amounts owed to group undertakings	116,364	99,956
Taxation and social security	84,167	65,372
Other creditors	12,108	16,124
	326,325	252,936

The company is related to All Property Management Ltd by virtue of the common shareholding of Mr M. Rothwell and Mr T.G. Kernachan.

Other creditors include a loan from All Property Management Ltd in the amount of £3,304 (2025 £nil). The loan is interest free, unsecured and repayable on demand by the company.

10	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £2,641 (2025 - £10,563). Financial commitments comprise £2,641 relating to operating lease commitments expiring in less than five years.

11	Parent and ultimate parent undertaking

The company's immediate parent is APN Holdings Ltd, incorporated in England and Wales.