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REGISTERED NUMBER: 09299041 (England and Wales)















Report of the Director and

Unaudited Financial Statements for the Year Ended 31 August 2024

for

Barclay Commercial Estates Limited

Barclay Commercial Estates Limited (Registered number: 09299041)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


Barclay Commercial Estates Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: P Fernback





REGISTERED OFFICE: The Beechwood Centre
40 Lower Gravel Road
Bromley
Kent
BR2 8GP





REGISTERED NUMBER: 09299041 (England and Wales)






Barclay Commercial Estates Limited (Registered number: 09299041)

Report of the Director
for the Year Ended 31 August 2024

The director presents his report with the financial statements of the company for the year ended 31 August 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of buying and renting of own property.

DIRECTOR
P Fernback held office during the whole of the period from 1 September 2023 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





P Fernback - Director


29 April 2025

Barclay Commercial Estates Limited (Registered number: 09299041)

Income Statement
for the Year Ended 31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   

TURNOVER 89,125 66,434

Cost of sales 66,034 44,635
GROSS PROFIT 23,091 21,799

Distribution costs 9,942 12,427
Administrative expenses 3,069 3,070
13,011 15,497
OPERATING PROFIT and
PROFIT BEFORE TAXATION 10,080 6,302

Tax on profit - -
PROFIT FOR THE FINANCIAL YEAR 10,080 6,302

Barclay Commercial Estates Limited (Registered number: 09299041)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 4,039,765 1,368,478

CURRENT ASSETS
Debtors 6 33,050 64,263
Cash at bank (641 ) 1,996
32,409 66,259
CREDITORS
Amounts falling due within one year 7 1,056,190 1,110,062
NET CURRENT LIABILITIES (1,023,781 ) (1,043,803 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,015,984

324,675

RESERVES
Revaluation reserve 8 3,416,528 735,299
Retained earnings (400,544 ) (410,624 )
3,015,984 324,675

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 29 April 2025 and were signed by:





P Fernback - Director


Barclay Commercial Estates Limited (Registered number: 09299041)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Barclay Commercial Estates 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.

Taxation
Taxation for the year 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 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. EMPLOYEES AND DIRECTORS

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

4. OPERATING PROFIT

The operating profit is stated after charging:

31.8.24 31.8.23
£    £   
Depreciation - owned assets 9,942 12,427

Barclay Commercial Estates Limited (Registered number: 09299041)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 September 2023 1,318,771 237,026 1,555,797
Revaluations 2,681,229 - 2,681,229
At 31 August 2024 4,000,000 237,026 4,237,026
DEPRECIATION
At 1 September 2023 - 187,319 187,319
Charge for year - 9,942 9,942
At 31 August 2024 - 197,261 197,261
NET BOOK VALUE
At 31 August 2024 4,000,000 39,765 4,039,765
At 31 August 2023 1,318,771 49,707 1,368,478

Cost or valuation at 31 August 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2024 3,564,829 - 3,564,829
Valuation in 2023 18,771 - 18,771
Cost 416,400 237,026 653,426
4,000,000 237,026 4,237,026

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 960 172
Other debtors 32,090 64,091
33,050 64,263

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors 4,305 9,461
Taxation and social security 145,711 163,760
Other creditors 906,174 936,841
1,056,190 1,110,062

Barclay Commercial Estates Limited (Registered number: 09299041)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

8. RESERVES
Revaluation
reserve
£   
At 1 September 2023 735,299
Bonus share issue 2,681,229

At 31 August 2024 3,416,528

9. RELATED PARTY DISCLOSURES

At the year end Barclay Commercial Estate Ltd was owed/(owing) the following amounts from related parties;

Company 2023 2024

Centaur Property Group Ltd (22,575.02 ) (22,575.02 )
Centaur Property Investments Ltd 3,192.41 3,192.41
Barclay Property Trading LLP (50,934.17 ) (50,934.17 )
Champion Properties LLP (109,357.89 ) (109,357.89 )
Wentworth Trading LLP 3,140.00 3,140.00
Barclay Estates Ltd (54,348.72 ) 18.22
Barclay Home Investments Ltd (548,190.00 ) (542,090.00 )
Barclay Commercial Investments Ltd (69,978.45 ) (40,044.17 )
Blue Marlin Ltd (60,392.88 ) (14,739.36 )
Big Padlock Ltd - (12,757.99 )
Big Padlock (UK) Ltd - (70,383.60 )
Centaur Financing Ltd 2,486.00 2,486.00