Brackenhurst Property Ltd

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3
Notes to the Unaudited Financial Statements	4 to 7

Brackenhurst Property Ltd

Company Information

Director

Lucy Ella Negus

Registered office

Brackenhurst Farnham Road Eweshot Farnham GU10 5AY

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Brackenhurst Property Ltdfor the Period Ended 31 December 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Brackenhurst Property Ltd for the period to 31 December 2025 as set out on pages 3 to 7 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Brackenhurst Property Ltd, as a body, in accordance with the terms of our engagement letter dated 4 September 2026. Our work has been undertaken solely to prepare for your approval the accounts of Brackenhurst Property Ltd and state those matters that we have agreed to state to the Board of Directors of Brackenhurst Property Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Brackenhurst Property Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Brackenhurst Property Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Brackenhurst Property Ltd. You consider that Brackenhurst Property Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of Brackenhurst Property Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

Edwards and Keeping Limited
Chartered Accountants
Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA

14 October 2026

Brackenhurst Property Ltd

(Registration number: 16138138)
Balance Sheet as at 31 December 2025

	Note	2025 £
Fixed assets
Tangible assets	5	1,200
Investment property	6	227,000
		228,200
Current assets
Cash at bank and in hand		65,746
Creditors: Amounts falling due within one year	7	(257,635)
Net current liabilities		(191,889)
Total assets less current liabilities		36,311
Provisions for liabilities		(16,265)
Net assets		20,046
Capital and reserves
Called up share capital		1
Revaluation reserve		48,794
Retained earnings		(28,749)
Shareholders' funds		20,046

For the financial period ending 31 December 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 period in question in accordance with section 476; and
•	The director acknowledges her 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 director on 14 October 2026
 

Lucy Ella Negus
Director

Brackenhurst Property Ltd

Notes to the Unaudited Financial Statements
for the Period from 16 December 2024 to 31 December 2025

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:
Brackenhurst
Farnham Road
Eweshot
Farnham
GU10 5AY

These financial statements were authorised for issue by the director on 14 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 (as applicable to companies subject to the small companies' regime).

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.

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 turnover 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 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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 reporting date and that are expected to apply to the reversal of the timing difference.

Brackenhurst Property Ltd

Notes to the Unaudited Financial Statements
for the Period from 16 December 2024 to 31 December 2025

Tangible assets

Tangible assets are stated in the balance sheet 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:

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers 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 creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors 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 initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

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.

3	Staff numbers

The average number of persons employed by the company (including the director) during the period, was 0.

Brackenhurst Property Ltd

Notes to the Unaudited Financial Statements
for the Period from 16 December 2024 to 31 December 2025

4

Taxation

Tax charged/(credited) in the profit and loss account

	2025 £
Deferred taxation
Arising from write-down or reversal of write-down of deferred tax asset	16,264

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
Additions	1,200	1,200
At 31 December 2025	1,200	1,200
Depreciation
Carrying amount
At 31 December 2025	1,200	1,200

6	Investment properties

	2025 £
Additions	161,941
Fair value adjustments	65,059
At 31 December	227,000

The investment properties class of fixed assets was revalued on 31 December 2025 by Lucy Negus who is internal to the company. The basis of this valuation was an estate agents' price guide. This class of assets has a current value of £227,000 and a carrying amount at historical cost of £161,941.The depreciation on this historical cost is £nil.

There has been no valuation of investment property by an independent valuer.

Brackenhurst Property Ltd

Notes to the Unaudited Financial Statements
for the Period from 16 December 2024 to 31 December 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £
Due within one year
Loans and borrowings	9	173,601
Accruals and deferred income		1,440
Other creditors		82,594
		257,635

8	Share capital

Allotted, called up and fully paid shares

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

9	Loans and borrowings

Current loans and borrowings

	2025 £
Other borrowings	173,601

Other borrowings

The carrying amount of Property mortgage at period end is £173,601 ( - £Nil). The mortgage over Flat 2 Sutton Lodge, Clandon Road Guildford is secured by a fixed charge over the asset to which it relates