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REGISTERED NUMBER: 03430837 (England and Wales)





















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

BEARWOOD WARLEY LIMITED

BEARWOOD WARLEY LIMITED (REGISTERED NUMBER: 03430837)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BEARWOOD WARLEY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: Mr G Martin
Mr M I O'Loan





SECRETARY: M O'Loan





REGISTERED OFFICE: 32 Farmcombe Road
Tunbridge Wells
Kent
TN2 5DF





REGISTERED NUMBER: 03430837 (England and Wales)





ACCOUNTANTS: E R Grove & Co Limited
Chartered Accountants
Grove House
Coombs Wood Court
Steel Park Road
Halesowen
West Midlands
B62 8BF

BEARWOOD WARLEY LIMITED (REGISTERED NUMBER: 03430837)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 586 690
Investment property 5 562,462 367,000
563,048 367,690

CURRENT ASSETS
Debtors 6 520 525
Cash at bank 1,673 98,636
2,193 99,161
CREDITORS
Amounts falling due within one year 7 91,413 5,185
NET CURRENT (LIABILITIES)/ASSETS (89,220 ) 93,976
TOTAL ASSETS LESS CURRENT
LIABILITIES

473,828

461,666

PROVISIONS FOR LIABILITIES 30,865 30,892
NET ASSETS 442,963 430,774

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 442,960 430,771
SHAREHOLDERS' FUNDS 442,963 430,774

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 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.

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 10 June 2025 and were signed on its behalf by:





Mr G Martin - Director


BEARWOOD WARLEY LIMITED (REGISTERED NUMBER: 03430837)

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

1. STATUTORY INFORMATION

Bearwood Warley 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance

Depreciation is not provided on the investment property which is included at cost. Statement of Standard Accounting Practice No 19 requires that such properties are revalued to open market value for inclusion in the balance sheet. However it is the opinion of the directors that this property would currently be valued in excess of its original cost,but they are not prepared to assess a value and do not consider the cost of a professional valuation would be justified.

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 NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 October 2023
and 30 September 2024 6,086
DEPRECIATION
At 1 October 2023 5,396
Charge for year 104
At 30 September 2024 5,500
NET BOOK VALUE
At 30 September 2024 586
At 30 September 2023 690

BEARWOOD WARLEY LIMITED (REGISTERED NUMBER: 03430837)

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 367,000
Additions 195,462
At 30 September 2024 562,462
NET BOOK VALUE
At 30 September 2024 562,462
At 30 September 2023 367,000

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2016 78,500
Valuation in 2018 41,307
Valuation in 2021 10,000
Valuation in 2023 37,000
Cost 395,655
562,462

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

2024 2023
£    £   
Cost 395,655 200,193

Investment property was valued on an open market basis basis on 30 September 2021 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 5
Other debtors 520 520
520 525

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,554 1
Taxation and social security 2,877 3,044
Other creditors 86,982 2,140
91,413 5,185