Brampton Leisure (Birmingham) Ltd - Accounts to registrar (filleted) - small 18.2

Brampton Leisure (Birmingham) Ltd - Accounts to registrar (filleted) - small 18.2

BRAMPTON LEISURE (BIRMINGHAM) LTD - Company Information

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IRIS Accounts Production v20.1.0.635 08406266 director 1.8.18 31.7.19 31.7.19 0 0 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure084062662018-07-31084062662019-07-31084062662018-08-012019-07-31084062662017-07-31084062662017-08-012018-07-31084062662018-07-3108406266ns15:EnglandWales2018-08-012019-07-3108406266ns14:PoundSterling2018-08-012019-07-3108406266ns10:Director12018-08-012019-07-3108406266ns10:PrivateLimitedCompanyLtd2018-08-012019-07-3108406266ns10:SmallEntities2018-08-012019-07-3108406266ns10:AuditExempt-NoAccountantsReport2018-08-012019-07-3108406266ns10:SmallCompaniesRegimeForDirectorsReport2018-08-012019-07-3108406266ns10:SmallCompaniesRegimeForAccounts2018-08-012019-07-3108406266ns10:FullAccounts2018-08-012019-07-3108406266ns10:OrdinaryShareClass12018-08-012019-07-3108406266ns10:CompanySecretary12018-08-012019-07-3108406266ns10:RegisteredOffice2018-08-012019-07-3108406266ns5:CurrentFinancialInstruments2019-07-3108406266ns5:CurrentFinancialInstruments2018-07-3108406266ns5:Non-currentFinancialInstruments2019-07-3108406266ns5:Non-currentFinancialInstruments2018-07-3108406266ns5:ShareCapital2019-07-3108406266ns5:ShareCapital2018-07-3108406266ns5:RevaluationReserve2019-07-3108406266ns5:RevaluationReserve2018-07-3108406266ns5:RetainedEarningsAccumulatedLosses2019-07-3108406266ns5:RetainedEarningsAccumulatedLosses2018-07-3108406266ns5:CurrentFinancialInstrumentsns5:WithinOneYear2019-07-3108406266ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-07-3108406266ns10:OrdinaryShareClass12019-07-3108406266ns5:RetainedEarningsAccumulatedLosses2018-07-3108406266ns5:RevaluationReserve2018-07-3108406266ns5:RetainedEarningsAccumulatedLosses2018-08-012019-07-31
REGISTERED NUMBER: 08406266 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2019

FOR

BRAMPTON LEISURE (BIRMINGHAM) LTD
BRAMPTON LEISURE (BIRMINGHAM) LTD (REGISTERED NUMBER: 08406266)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2019




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


BRAMPTON LEISURE (BIRMINGHAM) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2019







DIRECTOR: Mrs M Schreiber





SECRETARY: Mrs R Niederman





REGISTERED OFFICE: 115 Craven Park Road
London
N15 6BL





REGISTERED NUMBER: 08406266 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL
Page 1
BRAMPTON LEISURE (BIRMINGHAM) LTD (REGISTERED NUMBER: 08406266)

STATEMENT OF FINANCIAL POSITION
31 JULY 2019

31.7.19 31.7.18
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 6,250,000 833,467

CURRENT ASSETS
Debtors 5 3,509,302 336,481
Cash at bank 48,748 109
3,558,050 336,590
CREDITORS
Amounts falling due within one year 6 675,451 1,013,639
NET CURRENT ASSETS/(LIABILITIES) 2,882,599 (677,049 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
9,132,599
156,418

CREDITORS
Amounts falling due after more than one
year
7
3,703,125
-
NET ASSETS 5,429,474 156,418

CAPITAL AND RESERVES
Called up share capital 8 10,000 10,000
Revaluation reserve 9 5,198,275 -
Retained earnings 9 221,199 146,418
SHAREHOLDERS' FUNDS 5,429,474 156,418

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 notes form part of these financial statements

Page 2 continued...
BRAMPTON LEISURE (BIRMINGHAM) LTD (REGISTERED NUMBER: 08406266)

STATEMENT OF FINANCIAL POSITION - continued
31 JULY 2019


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 April 2020 and were signed by:





Mrs M Schreiber - Director


The notes form part of these financial statements

Page 3
BRAMPTON LEISURE (BIRMINGHAM) LTD (REGISTERED NUMBER: 08406266)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2019

1. STATUTORY INFORMATION

Brampton Leisure (Birmingham) Ltd 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 as modified by the revaluation of certain assets.

Transition to financial reporting standards 102
The company has adopted FRS 102 Section 1A for the first time in the preparation of these accounts.
Accordingly the date of transition to FRS 102 was 1 August 2015 (beginning of the accounting period of
comparative financial year).

There are no material differences in determining the company's profit and loss under FRS 102 Section 1A and
the previous framework the company adopted (the Financial Reporting Standard for Smaller Entities (effective
January 2015)).

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - NIL).

Page 4 continued...
BRAMPTON LEISURE (BIRMINGHAM) LTD (REGISTERED NUMBER: 08406266)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2019

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2018 833,467
Additions 218,258
Revaluations 5,198,275
At 31 July 2019 6,250,000
NET BOOK VALUE
At 31 July 2019 6,250,000
At 31 July 2018 833,467

Fair value at 31 July 2019 is represented by:

£   
Valuation in 2019 5,198,275
Cost 1,051,725
6,250,000

Investment property was valued on an open market basis on 15 August 2018 by Jones Lang LaSalle IP, Inc. .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.19 31.7.18
£    £   
Trade debtors 268,609 210,134
Other debtors 3,240,693 126,347
3,509,302 336,481

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.19 31.7.18
£    £   
Trade creditors 102,538 130,156
Taxation and social security 21,265 19,328
Other creditors 551,648 864,155
675,451 1,013,639

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.19 31.7.18
£    £   
Bank loans 3,703,125 -

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 3,703,125 -

Page 5 continued...
BRAMPTON LEISURE (BIRMINGHAM) LTD (REGISTERED NUMBER: 08406266)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2019

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.7.19 31.7.18
value: £    £   
10,000 Ordinary £1 10,000 10,000

9. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 August 2018 146,418 - 146,418
Profit for the year 5,273,056 5,273,056
Revaluation (5,198,275 ) 5,198,275 -
At 31 July 2019 221,199 5,198,275 5,419,474

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs M Schreiber.

Page 6