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REGISTERED NUMBER: 03065286 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Barmark Developments Limited

Barmark Developments Limited (Registered number: 03065286)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Barmark Developments Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: B E Thorne
J M Thorne
J E Thorne





SECRETARIES: B E Thorne
P Gibbs





REGISTERED OFFICE: 2 Church Street
Burnham
Buckinghamshire
SL1 7HZ





REGISTERED NUMBER: 03065286 (England and Wales)





ACCOUNTANTS: Sweeting & Smedley Limited
2 Church Street
Burnham
Buckinghamshire
SL1 7HZ

Barmark Developments Limited (Registered number: 03065286)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 334 -
Investment property 5 550,000 505,000
550,334 505,000

CURRENT ASSETS
Debtors 6 750 500
Cash at bank 2,932 5,821
3,682 6,321
CREDITORS
Amounts falling due within one year 7 140,330 146,991
NET CURRENT LIABILITIES (136,648 ) (140,670 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

413,686

364,330

PROVISIONS FOR LIABILITIES 19,496 8,163
NET ASSETS 394,190 356,167

CAPITAL AND RESERVES
Called up share capital 120,044 120,044
Share premium 20,756 20,756
Retained earnings 253,390 215,367
SHAREHOLDERS' FUNDS 394,190 356,167

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

Barmark Developments Limited (Registered number: 03065286)

Balance Sheet - continued
30 June 2024


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 Board of Directors and authorised for issue on 3 November 2024 and were signed on its behalf by:





B E Thorne - Director


Barmark Developments Limited (Registered number: 03065286)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Barmark Developments 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 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 20% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 July 2023 13,443
Additions 499
At 30 June 2024 13,942
DEPRECIATION
At 1 July 2023 13,443
Charge for year 165
At 30 June 2024 13,608
NET BOOK VALUE
At 30 June 2024 334

Barmark Developments Limited (Registered number: 03065286)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023 505,000
Revaluations 45,000
At 30 June 2024 550,000
NET BOOK VALUE
At 30 June 2024 550,000
At 30 June 2023 505,000

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2010 (22,345 )
Valuation in 2012 22,500
Valuation in 2013 12,500
Valuation in 2014 30,000
Valuation in 2015 25,000
Valuation in 2016 80,000
Valuation in 2017 10,000
Valuation in 2018 10,000
Valuation in 2022 (135,000 )
Valuation in 2024 45,000
Cost 472,345
550,000

If the investment property had not been revalued it would have been included at the following historical cost:

30.6.24 30.6.23
£    £   
Cost 472,345 472,345

Investment properties were valued on a fair value basis on 30 June 2024 by the director, B E Thorne .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other debtors 750 500

Barmark Developments Limited (Registered number: 03065286)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Taxation and social security 2,623 3,405
Other creditors 137,707 143,586
140,330 146,991

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J M Thorne.