REGISTERED NUMBER: 12904357 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

B. W. PROJECTS 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:

12904357 (England and Wales)

ACCOUNTANTS:

Prentis & Co LLP

Chartered Accountants

115c Milton Road

Cambridge

CB4 1XE

FIXED ASSETS

Tangible assets

4

51,113

69,349

CURRENT ASSETS

Stocks

5

348,343

94,948

Debtors

6

77,657

379,845

Cash at bank

1,652

261

427,652

475,054

CREDITORS

Amounts falling due within one year

7

139,071

114,103

NET CURRENT ASSETS

288,581

360,951

TOTAL ASSETS LESS CURRENT LIABILITIES

339,694

430,300

CREDITORS

Amounts falling due after more than one year

8

(3,333

)

(10,490

)

PROVISIONS FOR LIABILITIES

(12,778

)

(17,337

)

NET ASSETS

323,583

402,473

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

323,581

402,471

SHAREHOLDERS' FUNDS

323,583

402,473

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. Projects 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.

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.

Plant and machinery

-

20% on cost

Computer equipment

-

20% on cost

Stocks

Stock for the period comprises of work in progress costs in relation to new developments.

Taxation

Taxation for the year comprises current and deferred 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 and deferred taxation assets and liabilities are not discounted.

Current and deferred 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

88,482

2,653

91,135

DEPRECIATION

At 1 April 2024

20,706

1,080

21,786

Charge for year

17,696

540

18,236

At 31 March 2025

38,402

1,620

40,022

NET BOOK VALUE

At 31 March 2025

50,080

1,033

51,113

At 31 March 2024

67,776

1,573

69,349

5.

STOCKS

2025

2024

£

£

Work-in-progress

348,343

94,948

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

BWD Loan

75,652

365,972

Tax

-

4,034

VAT

1,547

9,839

Prepayments

458

-

77,657

379,845

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

7,157

10,867

Trade creditors

156

94,144

Social security and other taxes

3,130

6,921

Directors' current accounts

127,366

1,071

Accruals and deferred income

1,262

1,100

139,071

114,103

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

3,333

10,490

9.	SECURED DEBTS

There was a fixed and floating charge over the company's assets for a loan which has been repaid in full.

10.	ULTIMATE CONTROLLING PARTY