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REGISTERED NUMBER: 03906823 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

B.W. DEVELOPMENTS LIMITED

B.W. DEVELOPMENTS LIMITED (REGISTERED NUMBER: 03906823)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

B.W. DEVELOPMENTS LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTORS: | E N S Walker

| A P Walker

| SECRETARY: | E N S Walker

| REGISTERED OFFICE: | Fords Farm

| Winston

| Stowmarket

| Suffolk

| IP14 6BD

| REGISTERED NUMBER: | 03906823 (England and Wales)

| ACCOUNTANTS: | Prentis & Co LLP

| Chartered Accountants

| 115c Milton Road

| Cambridge

| CB4 1XE

B.W. DEVELOPMENTS LIMITED (REGISTERED NUMBER: 03906823)

BALANCE SHEET

31 MARCH 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 836,608 |  | 837,063 |  |

CURRENT ASSETS

Debtors | 5 | 41,421 |  | 56,207 |  |

CREDITORS

Amounts falling due within one year | 6 | 135,500 |  | 408,458 |  |

NET CURRENT LIABILITIES | (94,079 | ) | (352,251 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 742,529 |  | 484,812 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 415,000 |  | 167,230 |  |

NET ASSETS | 327,529 |  | 317,582 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Revaluation reserve | 9 | 225,000 |  | 225,000 |  |

Retained earnings | 102,429 |  | 92,482 |  |

SHAREHOLDERS' FUNDS | 327,529 |  | 317,582 |  |

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.

B.W. DEVELOPMENTS LIMITED (REGISTERED NUMBER: 03906823)

BALANCE SHEET - continued

31 MARCH 2025

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 November 2025 and were signed on its behalf by:

E N S Walker - Director

B.W. DEVELOPMENTS LIMITED (REGISTERED NUMBER: 03906823)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| B.W. Developments 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.

| 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.

| The financial statements include the results of the company's operations all of which are continuing. The financial statements have been prepared on a going concern basis. This may not be appropriate because at 31st March 2025 the company's current liabilities exceeded its current assets by £94,079 and total liabilities of the company were £550,500. The company is reliant upon the continued support of its directors, bank and creditors, but there is no evidence to suggest that this will not continue and that further funds will not be provided as necessary to enable the company to continue as a going concern.

| 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.

| Improvements to property | - | 25% on reducing balance

| Computer equipment | - | 20% on reducing balance

| Taxation

| Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current 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.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 2 ) .

B.W. DEVELOPMENTS LIMITED (REGISTERED NUMBER: 03906823)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

4. | TANGIBLE FIXED ASSETS

| Improvements |

| Land and |  | to |  | Computer |

| Property |  | property |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 April 2024

| and 31 March 2025 | 835,363 |  | 10,814 |  | 8,180 |  | 854,357 |  |

| DEPRECIATION

| At 1 April 2024 | - |  | 10,766 |  | 6,528 |  | 17,294 |  |

| Charge for year | - |  | 12 |  | 443 |  | 455 |  |

| At 31 March 2025 | - |  | 10,778 |  | 6,971 |  | 17,749 |  |

| NET BOOK VALUE

| At 31 March 2025 | 835,363 |  | 36 |  | 1,209 |  | 836,608 |  |

| At 31 March 2024 | 835,363 |  | 48 |  | 1,652 |  | 837,063 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 24,149 |  | 24,155 |  |

| Social security and other taxes | - |  | 308 |  |

| Directors' current accounts | 17,272 |  | 29,616 |  |

| Prepayments | - |  | 2,128 |  |

41,421 |  | 56,207 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 34,399 |  | 40,131 |  |

| Trade creditors | 325 |  | 325 |  |

| Tax | 2,909 |  | 19 |  |

| BWP loan | 75,653 |  | 365,973 |  |

| Directors' current accounts | 20,090 |  | - |  |

| Accruals | 2,124 |  | 2,010 |  |

135,500 |  | 408,458 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans due in more than

| five years | 415,000 |  | 167,230 |  |

415,000 |  | 167,230 |  |

B.W. DEVELOPMENTS LIMITED (REGISTERED NUMBER: 03906823)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued

2025 | 2024 |

£ | £ |

| Amounts falling due in more than five years:

| Repayable otherwise than by instalments

| Bank loans due in more than

| five years | 415,000 |  | 167,230 |  |

415,000 |  | 167,230 |  |

8. | SECURED DEBTS

| The bank loan is secured by a fixed charge over the company's assets dated 31st October 2016.

| There is also a fixed charge over the company's share capital dated 12th May 2021.

9. | RESERVES

| Revaluation

| reserve

£ |

| At 1 April 2024

| and 31 March 2025 | 225,000 |  |

10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| At 31st March 2025, the directors' loan account was overdrawn by £17,272. This will be repaid to the company by the director within 9 months of the year end.

11. | ULTIMATE CONTROLLING PARTY

| The controlling parties are Mrs A P Walker and Mr E N S Walker by virtue of their 100% ownership of the issued ordinary share capital.