Briman Properties Limited - Accounts to registrar (filleted) - small 18.2
Briman Properties Limited - Accounts to registrar (filleted) - small 18.2
| BRIMAN PROPERTIES LIMITED |
| Unaudited Financial Statements |
| for the Year Ended 31 December 2019 |
| BRIMAN PROPERTIES LIMITED (REGISTERED NUMBER: 02844906) |
| Contents of the Financial Statements |
| for the year ended 31 December 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| BRIMAN PROPERTIES LIMITED |
| Company Information |
| for the year ended 31 December 2019 |
| Directors: |
| Secretary: |
| Registered office: |
| Registered number: |
| Accountants: |
| New Derwent House |
| 69-73 Theobalds Road |
| London |
| WC1X 8TA |
| BRIMAN PROPERTIES LIMITED (REGISTERED NUMBER: 02844906) |
| Balance Sheet |
| 31 December 2019 |
| 2019 | 2018 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Tangible assets | 4 |
| Current assets |
| Stocks |
| Debtors | 5 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 6 |
| Net current assets |
| Total assets less current liabilities |
| Provisions for liabilities |
| Net assets |
| Capital and reserves |
| Called up share capital | 7 |
| Share premium |
| Revaluation reserve |
| Retained earnings |
| Shareholders' funds |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on were signed on its behalf by: |
| BRIMAN PROPERTIES LIMITED (REGISTERED NUMBER: 02844906) |
| Notes to the Financial Statements |
| for the year ended 31 December 2019 |
| 1. | Statutory information |
| Briman Properties Limited is a |
| 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 |
| The financial statements are prepared in sterling, which is the functional currency of the company. Monetary |
| amounts in these financial statements are rounded to the nearest £. |
| Turnover |
| Turnover is recognised at the fair value of the consideration for rents receivable in the normal course of |
| business and is shown net of VAT and other sales related taxes. Rents not received are accrued for and |
| recognised in the period to which the rent relates. |
| Tangible fixed assets |
| Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of |
| depreciation and any impairment losses. Tangible fixed assets other than freehold land are stated at cost less |
| depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of |
| each asset over its expected useful life as shown below. |
| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful |
| life. |
| Land and buildings | No depreciation provided |
| Fixtures, fittings & equipment | 25% Reducing balance |
| Motor vehicles | 25% Reducing balance |
| Freehold property is subject to ongoing repairs and maintenance, accordingly no depreciation is provided in the |
| accounts. |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and |
| slow moving items. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and |
| Retained Earnings, 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 balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| balance sheet 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. |
| BRIMAN PROPERTIES LIMITED (REGISTERED NUMBER: 02844906) |
| Notes to the Financial Statements - continued |
| for the year ended 31 December 2019 |
| 3. | Employees and directors |
| The average number of employees during the year was |
| 4. | Tangible fixed assets |
| Fixtures |
| Freehold | Long | and | Motor |
| property | leasehold | fittings | vehicles | Totals |
| £ | £ | £ | £ | £ |
| Cost |
| At 1 January 2019 |
| and 31 December 2019 |
| Depreciation |
| At 1 January 2019 |
| Charge for year |
| At 31 December 2019 |
| Net book value |
| At 31 December 2019 |
| At 31 December 2018 |
| 5. | Debtors: amounts falling due within one year |
| 2019 | 2018 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | Creditors: amounts falling due within one year |
| 2019 | 2018 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2019 | 2018 |
| value: | £ | £ |
| Ordinary | £1 | 4,472 | 4,472 |