Bardier Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 07877681

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		4,403		6,244
Investment Properties	5		372,287		370,119

			376,690		376,363
CURRENT ASSETS
Debtors	6	(741 )		3,392
Cash at bank and in hand		7,271		13,836

		6,530		17,228
Creditors: Amounts Falling Due Within One Year	7	(20,571 )		(38,723 )

NET CURRENT ASSETS (LIABILITIES)			(14,041 )		(21,495 )

TOTAL ASSETS LESS CURRENT LIABILITIES			362,649		354,868

Creditors: Amounts Falling Due After More Than One Year	8		(2,425 )		(8,143 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(14,976 )		(14,976 )

NET ASSETS			345,248		331,749

CAPITAL AND RESERVES
Called up share capital			100		100
Fair value reserve			44,657		44,657
Profit and Loss Account			300,491		286,992

SHAREHOLDERS' FUNDS			345,248		331,749

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Bardier Ltd

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr T J Kinch

Director

28/09/2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Bardier Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07877681 . The registered office is 5 Cornfield Terrace, Eastbourne, East Sussex, BN21 4NN.

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

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax. When the consideration receivable in cash or cash equivalents is deferred, and the arrangement constitutes in effect a financing transaction, the fair value of the consideration is measured as the present value of all future receipts determined using an imputed rate of interest, normally the rate that discounts the nominal amount of consideration to the cash sales price.

The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met for each of the company's activities of the actual completion of a proportion of the total services to be rendered.

When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.

2.3. Tangible Fixed Assets and Depreciation

At each balance sheet date the company reviews the carrying amounts of its property, plant and equipment to determine whether there is any indication that any items of property, plant and equipment have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss if any. If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately.

Depreciation is recognised so as to write off the valuation of assets less their residual values over their useful lives on the following bases:

Freehold	10 year straight line basis upon completion
Plant & Machinery	15% on reducing balance
Fixtures & Fittings	25% on reducing balance
Computer Equipment	33.33% on cost

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Bardier Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

2.4. Investment Properties

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.

Investment properties are properties held to earn rentals and/or for capital appreciation.

Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties whose fair value can be measured reliably without undue cost or effort on an on-going basis are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

2.5. Taxation

Taxation represents the sum of the tax currently payable and deferred tax.

The company's liability to tax is calculated using the tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on all timing differences between the carrying amounts of the assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period to which the liability is settled or the asset realised, based on tax rates and laws that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was as follows: 1 (2023: 1)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 January 2024	6,938	2,684	12,914	22,536

As at 31 December 2024	6,938	2,684	12,914	22,536

Depreciation
As at 1 January 2024	2,678	1,886	11,728	16,292
Provided during the period	639	200	1,002	1,841

As at 31 December 2024	3,317	2,086	12,730	18,133

Net Book Value
As at 31 December 2024	3,621	598	184	4,403

As at 1 January 2024	4,260	798	1,186	6,244

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Bardier Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Investment Property

	2024
	£
Fair Value
As at 1 January 2024	370,119
Additions	2,168

As at 31 December 2024	372,287

The director valued the properties at the year end on a fair value basis.

If the assets had been included at historical cost, the value would have been £314,215 (2023: £312,047)

6. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	(3 )	-
VAT	-	3,392
Amounts owed by other participating interests	(738)	-

	(741 )	3,392

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Bank loans and overdrafts	5,718	5,578
Other loans	10,000	-
Corporation tax	3,830	31,646
VAT	120	-
Accruals and deferred income	598	1,155
Director's loan account	305	344

	20,571	38,723

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	2,425	8,143

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Bardier Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

9. Related Party Transactions

During the year the company raised invoices to a connected company totalling £13,000. At the year end there was a total of £1000 due from the connected company. All invoices raised were at market value.

During the year the company also raised an invoice to a connected company totalling £12,000. At the year end there was no amounts receivable from the connected company. All invoices raised were at market value.

At the start of the year there was an amount owing from the company, to the director totalling £343.50. At the year end, the company owed amounts totalling £305 to the director.

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