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Registered number: 02685786
Briarpath Properties Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
THB LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 02685786
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,623,515 5,552,600
5,623,515 5,552,600
CURRENT ASSETS
Debtors 5 519,786 510,000
Cash at bank and in hand 13,289 87,911
533,075 597,911
Creditors: Amounts Falling Due Within One Year 6 (6,815 ) (13,040 )
NET CURRENT ASSETS (LIABILITIES) 526,260 584,871
TOTAL ASSETS LESS CURRENT LIABILITIES 6,149,775 6,137,471
Creditors: Amounts Falling Due After More Than One Year 7 (5,258,039 ) (5,259,706 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (315,122 ) (315,122 )
NET ASSETS 576,614 562,643
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Fair value reserve 10 1,410,270 1,410,270
Profit and Loss Account (834,656 ) (848,627 )
SHAREHOLDERS' FUNDS 576,614 562,643
Page 1
Page 2
For the 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.
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
Mr Matthew Betts
Director
06/10/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Briarpath Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02685786 . The registered office is Mews House Office The Street, Crowmarsh Gifford, Wallingford, OX10 8EJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Nil
Plant & Machinery 25% reducing balance
Computer Equipment 33% straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2025: 1)
1 1
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Computer Equipment Total
£ £ £ £
Cost or Valuation
As at 1 April 2025 5,551,482 104,399 2,073 5,657,954
Additions - 30,360 - 30,360
Revaluation 48,518 - - 48,518
As at 31 March 2026 5,600,000 134,759 2,073 5,736,832
Depreciation
As at 1 April 2025 - 103,281 2,073 105,354
Provided during the period - 7,963 - 7,963
As at 31 March 2026 - 111,244 2,073 113,317
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 March 2026 5,600,000 23,515 - 5,623,515
As at 1 April 2025 5,551,482 1,118 - 5,552,600
5. Debtors
2026 2025
£ £
Due after more than one year
Other debtors 519,786 510,000
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors - 1,650
Bank loans and overdrafts 1,667 10,000
Other creditors 5,148 1,390
6,815 13,040
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 1,085,289 1,086,956
Other creditors 4,172,750 4,172,750
5,258,039 5,259,706
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1,000 1,000
9. Dividends
10. Reserves
Fair Value Reserve
£
As at 1 April 2025 1,410,270
As at 31 March 2026 1,410,270
Page 4