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Company Registration No. 10002371 (England and Wales)
Barwell Development Limited Unaudited accounts for the year ended 29 February 2024
Barwell Development Limited Unaudited accounts Contents
Page
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Barwell Development Limited Company Information for the year ended 29 February 2024
Directors
Anthony Barwell James Barwell
Secretary
Jeanette Barwell
Company Number
10002371 (England and Wales)
Registered Office
29 HUNT CLOSE BICESTER OX26 6HX UNITED KINGDOM
Accountants
KLS Accountancy Services Building 330 Office G8 Westcott Venture Park Aylesbury Buckinghamshire HP18 0XB
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Barwell Development Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
405 
1,389 
Investment property
955,000 
955,000 
955,405 
956,389 
Current assets
Debtors
39,644 
22,685 
Cash at bank and in hand
20,048 
8,208 
59,692 
30,893 
Creditors: amounts falling due within one year
(90,812)
(28,558)
Net current (liabilities)/assets
(31,120)
2,335 
Total assets less current liabilities
924,285 
958,724 
Creditors: amounts falling due after more than one year
(827,408)
(888,358)
Net assets
96,877 
70,366 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
96,777 
70,266 
Shareholders' funds
96,877 
70,366 
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 February 2025 and were signed on its behalf by
Anthony Barwell Director Company Registration No. 10002371
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Barwell Development Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Barwell Development Limited is a private company, limited by shares, registered in England and Wales, registration number 10002371. The registered office is 29 HUNT CLOSE, BICESTER, OX26 6HX, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Motor vehicles
25% Reducing Balance
Computer equipment
25% Reducing
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
9,769 
4,549 
14,318 
At 29 February 2024
9,769 
4,549 
14,318 
Depreciation
At 1 March 2023
9,718 
3,211 
12,929 
Charge for the year
51 
933 
984 
At 29 February 2024
9,769 
4,144 
13,913 
Net book value
At 29 February 2024
- 
405 
405 
At 28 February 2023
51 
1,338 
1,389 
5
Investment property
2024 
£ 
Fair value at 1 March 2023
955,000 
At 29 February 2024
955,000 
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Barwell Development Limited Notes to the Accounts for the year ended 29 February 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
38,986 
19,280 
Other debtors
658 
3,405 
39,644 
22,685 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
82,118 
21,113 
Taxes and social security
3,294 
(847)
Other creditors
3,900 
6,792 
Accruals
1,500 
1,500 
90,812 
28,558 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
327,828 
342,691 
Loans from directors
499,580 
545,667 
827,408 
888,358 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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