IRIS Accounts Production v25.1.3.33 10972253 director 1.10.23 30.9.24 30.9.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh109722532023-09-30109722532024-09-30109722532023-10-012024-09-30109722532022-09-30109722532022-10-012023-09-30109722532023-09-3010972253ns15:EnglandWales2023-10-012024-09-3010972253ns14:PoundSterling2023-10-012024-09-3010972253ns10:Director12023-10-012024-09-3010972253ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3010972253ns10:SmallEntities2023-10-012024-09-3010972253ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3010972253ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3010972253ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3010972253ns10:FullAccounts2023-10-012024-09-3010972253ns10:RegisteredOffice2023-10-012024-09-3010972253ns5:CurrentFinancialInstruments2024-09-3010972253ns5:CurrentFinancialInstruments2023-09-3010972253ns5:Non-currentFinancialInstruments2024-09-3010972253ns5:Non-currentFinancialInstruments2023-09-3010972253ns5:ShareCapital2024-09-3010972253ns5:ShareCapital2023-09-3010972253ns5:FurtherSpecificReserve3ComponentTotalEquity2024-09-3010972253ns5:FurtherSpecificReserve3ComponentTotalEquity2023-09-3010972253ns5:RetainedEarningsAccumulatedLosses2024-09-3010972253ns5:RetainedEarningsAccumulatedLosses2023-09-3010972253ns5:CostValuation2023-09-3010972253ns5:DeferredTaxation2023-09-3010972253ns5:DeferredTaxation2023-10-012024-09-3010972253ns5:DeferredTaxation2024-09-3010972253ns5:RetainedEarningsAccumulatedLosses2023-09-3010972253ns5:FurtherSpecificReserve3ComponentTotalEquity2023-09-3010972253ns5:RetainedEarningsAccumulatedLosses2023-10-012024-09-30
REGISTERED NUMBER: 10972253 (England and Wales)












FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

BARFIELD PROPERTY INVESTMENTS LIMITED

BARFIELD PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 10972253)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BARFIELD PROPERTY INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: S J Crone





REGISTERED OFFICE: Turnpike House
1208/1210 London Road
Leigh on Sea
Essex
SS9 2UA





REGISTERED NUMBER: 10972253 (England and Wales)





ACCOUNTANTS: Segrave & Partners LLP
Chartered Accountants
Turnpike House
1208/1210 London Road
Leigh on Sea
Essex
SS9 2UA

BARFIELD PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 10972253)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Investments 4 90 90
Investment property 5 310,852 543,811
310,942 543,901

CURRENT ASSETS
Debtors 6 378,344 303,887
Cash at bank 60,218 2,193
438,562 306,080
CREDITORS
Amounts falling due within one year 7 4,766 14,484
NET CURRENT ASSETS 433,796 291,596
TOTAL ASSETS LESS CURRENT
LIABILITIES

744,738

835,497

CREDITORS
Amounts falling due after more than one
year

8

(525,111

)

(584,217

)

PROVISIONS FOR LIABILITIES 9 (11,500 ) (23,297 )
NET ASSETS 208,127 227,983

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 10 34,499 67,702
Retained earnings 10 173,528 160,181
SHAREHOLDERS' FUNDS 208,127 227,983

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

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

BARFIELD PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 10972253)

BALANCE SHEET - continued
30 SEPTEMBER 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 director and authorised for issue on 17 June 2025 and were signed by:





S J Crone - Director


BARFIELD PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 10972253)

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

1. STATUTORY INFORMATION

Barfield Property Investments 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.

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 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 1 (2023 - 1 ) .

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 October 2023
and 30 September 2024 90
NET BOOK VALUE
At 30 September 2024 90
At 30 September 2023 90

BARFIELD PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 10972253)

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

4. FIXED ASSET INVESTMENTS - continued

The investment represents 90 £1 ordinary shares held in Remarkable Ventures 1 Ltd (Company Number 11417144).

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 543,811
Disposals (187,959 )
Revaluations (45,000 )
At 30 September 2024 310,852
NET BOOK VALUE
At 30 September 2024 310,852
At 30 September 2023 543,811

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2020 46,000
Cost 264,852
310,852

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

2024 2023
£    £   
Cost 264,852 452,812

Investment properties were valued on an open market basis on 30 September 2024 by the Director .

6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Prepayments 3,344 3,887

Amounts falling due after more than one year:
Unsecured loan 375,000 300,000

Aggregate amounts 378,344 303,887

BARFIELD PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 10972253)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 3,326 13,044
Accrued expenses 1,440 1,440
4,766 14,484

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Directors' loan accounts 525,111 584,217

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 11,500 23,297

Deferred
tax
£   
Balance at 1 October 2023 23,297
Provided during year (11,797 )
Balance at 30 September 2024 11,500

10. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 October 2023 160,181 67,702 227,883
Profit for the year 14,180 14,180
Dividends (833 ) (833 )
Revaluation - (45,000 ) (45,000 )
Deferred tax - 11,797 11,797
At 30 September 2024 173,528 34,499 208,027