BR (Freehold) Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 09596000 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 May 2017

for

BR (FREEHOLD) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

Directors:

J A Ashwell

Mrs L M Balan

Ms J P Braithwaite

W V Clark

Mrs K L Edgley

M E Randall

Mrs C Rees

P A Sheils

N R Thwaites

Registered office:

45 Cadogan Gardens

London

SW3 2AQ

Registered number:

09596000 (England and Wales)

Accountants:

Haines Watts

Chartered Accountants

Aissela

46 High Street

Esher

Surrey

KT10 9QY

Fixed assets

Tangible assets

3

140,984

-

Current assets

Debtors

4

-

23,094

Cash at bank and in hand

4,552

10

4,552

23,104

Creditors

Amounts falling due within one year

5

148,588

24,416

Net current liabilities

(144,036

)

(1,312

)

Total assets less current liabilities

(3,052

)

(1,312

)

Capital and reserves

Called up share capital

6

10

10

Retained earnings

(3,062

)

(1,322

)

Shareholders' funds

(3,052

)

(1,312

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2017 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 21 December 2017 and were signed on its behalf by:

N R Thwaites - Director

1.	Statutory information

BR (Freehold) Limited 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account,

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.

3.	Tangible fixed assets

Land and

buildings

£

Cost

Additions

140,984

At 31 May 2017

140,984

Net book value

At 31 May 2017

140,984

4.

Debtors: amounts falling due within one year

2017

2016

£

£

Prepayments and accrued income

-

23,094

5.

Creditors: amounts falling due within one year

2017

2016

£

£

Other creditors

147,610

23,702

Accrued expenses

978

714

148,588

24,416

6.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

10

Ordinary

1

10

10

7.	First year adoption

This is the first year that the company has presented its results under FRS 102. The last financial statements

under UK GAAP were for the year ended 31 May 2016. The date of transition to FRS 102 was 1 June 2016.

There have been no resulting changes of accounting policy as a result of the transition to FRS 102 and no

subsequent remeasurements or reclassifications of items in the profit and loss or the balance sheet therefore no

further reconciliation is required.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to

file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements

and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of BR (Freehold) Limited for the year ended 31 May 2017 which comprise the Profit and Loss

Account, Balance Sheet and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of BR (Freehold) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of BR (Freehold) Limited and state those matters that we have agreed to state to the Board of Directors of BR (Freehold) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than BR (Freehold) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that BR (Freehold) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of BR (Freehold) Limited. You consider that BR (Freehold) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of BR (Freehold) Limited. 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 financial statements.

Haines Watts

Chartered Accountants

Aissela

46 High Street

Esher

Surrey

KT10 9QY

21 December 2017