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Company Registration No. 03731360 (England and Wales)
Buckland Properties (Devon) Limited Unaudited accounts for the year ended 31 July 2025
Buckland Properties (Devon) Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Buckland Properties (Devon) Limited Company Information for the year ended 31 July 2025
Directors
T G Abrahall J Abrahall
Company Number
03731360 (England and Wales)
Registered Office
2 Locksley Close Torquay Devon TQ1 3HQ
Accountants
MA and AM Locke Accountants 2 Locksley Close Torquay Devon TQ1 3HQ
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Buckland Properties (Devon) Limited Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
-
148,542
Investments
5
300,000
300,000
300,000
448,542
Current assets
Debtors
6
197,838
224,815
Cash at bank and in hand
327,401
181,515
525,239
406,330
Creditors: amounts falling due within one year
7
(7,600)
(6,915)
Net current assets
517,639
399,415
Net assets
817,639
847,957
Capital and reserves
Called up share capital
6
6
Profit and loss account
817,633
847,951
Shareholders' funds
817,639
847,957
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2025 and were signed on its behalf by
T G Abrahall Director Company Registration No. 03731360
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Buckland Properties (Devon) Limited Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Buckland Properties (Devon) Limited is a private company, limited by shares, registered in England and Wales, registration number 03731360. The registered office is 2 Locksley Close, Torquay, Devon, TQ1 3HQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Investments
The investment in preference shares in a related party is measured at cost.
Stocks
Stock of land and property is measured at cost and no provision has been made in these accounts to revalue stock at market value.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 August 2024
148,542
Disposals
(148,542)
At 31 July 2025
-
Depreciation
At 31 July 2025
-
Net book value
At 31 July 2025
-
At 31 July 2024
148,542
5
Investments
Other investments
£
Valuation at 1 August 2024
300,000
Valuation at 31 July 2025
300,000
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Buckland Properties (Devon) Limited Notes to the Accounts for the year ended 31 July 2025
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Amounts due from group undertakings etc.
197,838
224,815
Amounts due after more than one year
197,838
224,815
7
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
-
782
Trade creditors
904
830
Taxes and social security
4,696
3,303
Loans from directors
2,000
2,000
7,600
6,915
8
Transactions with related parties
T G Abrahall - Director During the year Mr Abrahall provided services to the company through his trading partnership at the market rate to the value of £2,610. CGP (South West) Ltd - a company in which Mr T G Abrahall is a director and majority shareholder. Interest was charged on a loan to CGP (South West) Ltd at 3%. The amount due from CGP (South West) Ltd as at 31 July 2025 was £197,838 (2024 £224,815).
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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