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REGISTERED NUMBER: 08405576 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

BWD PROPERTY LIMITED

BWD PROPERTY LIMITED (REGISTERED NUMBER: 08405576)

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


BWD PROPERTY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: T A Matthews
Mrs S A Matthews





REGISTERED OFFICE: Sterling House
27 Hatchlands Road
Redhill
Surrey
RH1 6RW





REGISTERED NUMBER: 08405576 (England and Wales)





ACCOUNTANTS: GBJ Financial Limited
Sterling House
27 Hatchlands Road
Redhill
Surrey
RH1 6RW

BWD PROPERTY LIMITED (REGISTERED NUMBER: 08405576)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 267 400
Investments 5 335,000 335,000
Investment property 6 3,345,620 3,325,177
3,680,887 3,660,577

CURRENT ASSETS
Debtors 7 558 2,411
Cash at bank and in hand 22,978 111,519
23,536 113,930
CREDITORS
Amounts falling due within one year 8 104,246 46,362
NET CURRENT (LIABILITIES)/ASSETS (80,710 ) 67,568
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,600,177

3,728,145

CREDITORS
Amounts falling due after more than one
year

9

2,525,598

2,599,237
NET ASSETS 1,074,579 1,128,908

CAPITAL AND RESERVES
Called up share capital 5 5
Fair value reserve 716,514 755,811
Retained earnings 358,060 373,092
SHAREHOLDERS' FUNDS 1,074,579 1,128,908

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.

BWD PROPERTY LIMITED (REGISTERED NUMBER: 08405576)

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 27 March 2025 and were signed on its behalf by:





T A Matthews - Director


BWD PROPERTY LIMITED (REGISTERED NUMBER: 08405576)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

BWD Property 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Investments in associates
Investments in associate undertakings are recognised at 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 5 (2023 - 5 ) .

BWD PROPERTY LIMITED (REGISTERED NUMBER: 08405576)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 1,499
DEPRECIATION
At 1 July 2023 1,099
Charge for year 133
At 30 June 2024 1,232
NET BOOK VALUE
At 30 June 2024 267
At 30 June 2023 400

5. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST OR VALUATION
At 1 July 2023
and 30 June 2024 335,000
NET BOOK VALUE
At 30 June 2024 335,000
At 30 June 2023 335,000

Cost or valuation at 30 June 2024 is represented by:

Interest
in
associate
£   
Valuation in 2020 334,666
Cost 334
335,000

BWD PROPERTY LIMITED (REGISTERED NUMBER: 08405576)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023 3,325,177
Additions 59,740
Revaluations (39,297 )
At 30 June 2024 3,345,620
NET BOOK VALUE
At 30 June 2024 3,345,620
At 30 June 2023 3,325,177

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2024 3,345,620

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

2024 2023
£    £   
Cost 2,208,855 2,208,855

Investment property was valued on fair valuation basis on 30 June 2021 by Mr T.A Matthews .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 2,000
Prepayments 558 411
558 2,411

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Other creditors 87,000 29,100
Deferred income - 890
Accrued expenses 7,246 6,372
104,246 46,362

BWD PROPERTY LIMITED (REGISTERED NUMBER: 08405576)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 2-5 years 2,033,294 2,043,294
Directors' loan accounts 492,304 555,943
2,525,598 2,599,237

The mortgages are secured by fixed and floating charges over the assets of the company.

10. RELATED PARTY DISCLOSURES

During the period under review the company was loaned money by Mr T.A Matthews, a shareholder and director of the company, the loan was unsecured and repayable on demand.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr T.A Matthews.