REGISTERED NUMBER: 03906823 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

B.W. DEVELOPMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

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

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.

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

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 ) .

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

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