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REGISTERED NUMBER: 11166852 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

BARLOW PROPERTIES (PRESTON) LTD

BARLOW PROPERTIES (PRESTON) LTD (REGISTERED NUMBER: 11166852)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BARLOW PROPERTIES (PRESTON) LTD

COMPANY INFORMATION
for the Year Ended 31 March 2025







DIRECTORS: C Barlow
Mrs S Barlow





REGISTERED OFFICE: St Helens Works Cottage
Birchin Lane
Whittle Le Woods
Chorley
Lancashire
PR6 7NJ





REGISTERED NUMBER: 11166852 (England and Wales)





ACCOUNTANTS: James Todd & Co
Greenbank House
141 Adelphi Street
Preston
Lancashire
PR1 7BH

BARLOW PROPERTIES (PRESTON) LTD (REGISTERED NUMBER: 11166852)

BALANCE SHEET
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 115,790 115,790

CURRENT ASSETS
Cash at bank 29,508 28,281

CREDITORS
Amounts falling due within one year 5 116,895 109,355
NET CURRENT LIABILITIES (87,387 ) (81,074 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

28,403

34,716

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 28,401 34,714
28,403 34,716

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 June 2025 and were signed on its behalf by:





C Barlow - Director


BARLOW PROPERTIES (PRESTON) LTD (REGISTERED NUMBER: 11166852)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2025


1. STATUTORY INFORMATION

Barlow Properties (Preston) Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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
The property held is classed as an investment property. No depreciation has been charged, and freehold property is stated at open market value at the balance sheet date. Gains or losses arising from the changes in the fair value of the investment property are included in the Income Statement for the period in which they arise.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Financial instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Basic financial assets, which include investments and bank balances, are initially measured at transaction price, and are subsequently carried at cost. Basic financial liabilities, which include creditors, loans and borrowings, are initially recognised at transaction price, and are subsequently carried at cost.

BARLOW PROPERTIES (PRESTON) LTD (REGISTERED NUMBER: 11166852)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024
and 31 March 2025 115,790
NET BOOK VALUE
At 31 March 2025 115,790
At 31 March 2024 115,790

The freehold property is classed as an investment property. No depreciation has been charged, and the freehold property is stated at open market value at the balance sheet date. The investment property is valued at cost as at 31 March 2025, as the directors consider the market value to be not materially different to its original cost to the company as at the balance sheet date.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Corporation tax - 1,531
Directors' current accounts 107,694 106,705
Accruals and deferred income 9,201 1,119
116,895 109,355

6. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr C Barlow and Mrs S Barlow, who own 100% of the issued share capital.