IRIS Accounts Production v25.1.0.734 15015693 Board of Directors 20.7.23 31.7.24 31.7.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh150156932023-07-19150156932024-07-31150156932023-07-202024-07-31150156932023-07-1915015693ns15:EnglandWales2023-07-202024-07-3115015693ns14:PoundSterling2023-07-202024-07-3115015693ns10:Director12023-07-202024-07-3115015693ns10:PrivateLimitedCompanyLtd2023-07-202024-07-3115015693ns10:SmallEntities2023-07-202024-07-3115015693ns10:AuditExempt-NoAccountantsReport2023-07-202024-07-3115015693ns10:SmallCompaniesRegimeForDirectorsReport2023-07-202024-07-3115015693ns10:SmallCompaniesRegimeForAccounts2023-07-202024-07-3115015693ns10:FullAccounts2023-07-202024-07-3115015693ns10:Director22023-07-202024-07-3115015693ns10:RegisteredOffice2023-07-202024-07-3115015693ns5:CurrentFinancialInstruments2024-07-3115015693ns5:Non-currentFinancialInstruments2024-07-3115015693ns5:ShareCapital2024-07-3115015693ns5:SharePremium2024-07-3115015693ns5:RetainedEarningsAccumulatedLosses2024-07-3115015693ns5:FurnitureFittings2023-07-202024-07-3115015693ns5:MotorVehicles2023-07-202024-07-3115015693ns5:ComputerEquipment2023-07-202024-07-3115015693ns5:FurnitureFittings2024-07-3115015693ns5:MotorVehicles2024-07-3115015693ns5:ComputerEquipment2024-07-3115015693ns5:AdditionsToInvestments2024-07-3115015693ns5:CostValuation2024-07-3115015693ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3115015693ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-07-31
REGISTERED NUMBER: 15015693 (England and Wales)












Unaudited Financial Statements

for the Period 20 July 2023 to 31 July 2024

for

Baryah Properties Limited

Baryah Properties Limited (Registered number: 15015693)






Contents of the Financial Statements
for the Period 20 July 2023 to 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Baryah Properties Limited

Company Information
for the Period 20 July 2023 to 31 July 2024







DIRECTORS: J S Baryah
G S Baryah





REGISTERED OFFICE: Brunel House
11 The Promenade
Clifton
Bristol
BS8 3NG





REGISTERED NUMBER: 15015693 (England and Wales)





ACCOUNTANTS: Wormald & Partners
Chartered Accountants (ICAEW)
Brunel House
11 The Promenade
Clifton Down
Bristol
BS8 3NG

Baryah Properties Limited (Registered number: 15015693)

Balance Sheet
31 July 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 50,166
Investments 5 300
Investment property 6 1,815,011
1,865,477

CURRENT ASSETS
Debtors 7 8,679,070
Cash at bank 8,740
8,687,810
CREDITORS
Amounts falling due within one year 8 4,676,455
NET CURRENT ASSETS 4,011,355
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,876,832

CREDITORS
Amounts falling due after more than one year 9 39,314
NET ASSETS 5,837,518

CAPITAL AND RESERVES
Called up share capital 4
Share premium 6,037,781
Retained earnings (200,267 )
SHAREHOLDERS' FUNDS 5,837,518

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 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.

Baryah Properties Limited (Registered number: 15015693)

Balance Sheet - continued
31 July 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 14 April 2025 and were signed on its behalf by:





J S Baryah - Director


Baryah Properties Limited (Registered number: 15015693)

Notes to the Financial Statements
for the Period 20 July 2023 to 31 July 2024

1. STATUTORY INFORMATION

Baryah Properties 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.

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 subsidiaries
Investments in subsidiary 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.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

Baryah Properties Limited (Registered number: 15015693)

Notes to the Financial Statements - continued
for the Period 20 July 2023 to 31 July 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
Additions 40,706 56,266 2,039 99,011
At 31 July 2024 40,706 56,266 2,039 99,011
DEPRECIATION
Charge for period 40,706 7,764 375 48,845
At 31 July 2024 40,706 7,764 375 48,845
NET BOOK VALUE
At 31 July 2024 - 48,502 1,664 50,166

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 300
At 31 July 2024 300
NET BOOK VALUE
At 31 July 2024 300

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 1,815,011
At 31 July 2024 1,815,011
NET BOOK VALUE
At 31 July 2024 1,815,011

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 210,276
Interco - BP 1 Ltd 5,400,846
Interco - BP 2 Ltd 145,417
Interco - BP 3 Ltd 200
Interco - BRE Ltd 2,275,921
Interco - BRE 1 Ltd 8,078
Interco - JGST Ltd 297,330
Interco - Mortimer Inv Ltd 299,996
Interco - BP Holdings Ltd 29,925
Interco - BRE Swindon Ltd 5,800
Prepayments 5,281
8,679,070

Baryah Properties Limited (Registered number: 15015693)

Notes to the Financial Statements - continued
for the Period 20 July 2023 to 31 July 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts (see note 10) 280,252
Hire purchase contracts 15,766
Trade creditors 174,474
Other loans 59,591
Interco - MCH Ltd 3,773,658
Social security and other taxes 659
Other creditors 29,254
Payroll control 2,008
Pension liability 117
Loan - A S Battoo 274,802
Loan - Mrs B K Baryah 46,835
Accrued expenses 19,039
4,676,455

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Bank loans (see note 10) 20,027
Hire purchase contracts 19,287
39,314

10. LOANS

An analysis of the maturity of loans is given below:

£   
Amounts falling due within one year or on demand:
Bank overdrafts 264,003
Bank loans 16,249
280,252

Amounts falling due between two and five years:
Bank loans - 2-5 years 20,027

Baryah Properties Limited (Registered number: 15015693)

Notes to the Financial Statements - continued
for the Period 20 July 2023 to 31 July 2024

11. RELATED PARTY DISCLOSURES

During the period, Baryah Properties Holdings Ltd, a holding company of which Messrs GS and JS Baryah are Directors, and of which this Company is a subsidiary, had a balance due to the Company £29,924. The loan was made on an interest free basis. The balance is shown in debtors falling due within one year

During the period, Baryah Properties 1 Ltd, a wholly owned subsidiary of Baryah Properties Ltd had a balance due to the Company £5,400,846. The loan was made on an interest free basis. The balance is shown in debtors falling due within one year

During the period, Baryah Properties 2 Ltd, a wholly owned subsidiary of Baryah Properties Ltd had a balance due to the Company £145,417. The loan was made on an interest free basis. The balance is shown in debtors falling due within one year.

During the period, Baryah Properties 3 Ltd, a wholly owned subsidiary of Baryah Properties Ltd had a balance due to the Company £200. The loan was made on an interest free basis. The balance is shown in debtors falling due within one year.

During the period, Baryah Real Estate Ltd, a property investment company in which Messrs GS and JS Baryah are directors, had a balance due to the Company £2,275,921. The loan was made on an interest free basis. The balance is shown in debtors falling due within one year.

During the period, Baryah Real Estate 1 Ltd, a property investment company in which Messrs GS and JS Baryah are directors, had a balance due to the Company £8,078. The loan was made on an interest free basis. The balance is shown in debtors falling due within one year

During the period, JGST Properties Ltd, a property investment company in which Messrs GS and JS Baryah are directors, had a balance due to the Company £297,330. The loan was made on an interest free basis. The balance is shown in debtors falling due within one year.

During the period, Mortimer Investments Ltd, a property investment company in which Messrs GS and JS Baryah are directors, had a balance due to the Company £299,996. The loan was made on an interest free basis. The balance is shown in debtors falling due within one year.

During the period, BRE Swindon Ltd, a company in which Messrs GS and JS Baryah are directors, had a balance due to the Company £5,800. The loan was made on an interest free basis. The balance is shown in debtors falling due within one year.

During the period, Meadow Care Homes Ltd, a company in which Messrs GS and JS Baryah are directors, loaned the company £3,773,658. The loan was made on an interest free basis. The balance is shown in creditors falling due within one year.

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are the Directors by virtue of their shareholdings in the parent company, Baryah Properties Holdings Ltd.