BAZELEY DEVELOPMENTS LTD


Directors	BAZELEY, Alexander James
	Mr S Bazeley
	BAZELEY, Thomas David


Registered Address	79 Higher Bore Street
	Bodmin
	PL31 1JT


Registered Number	07959134 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		11,118		15,814
			11,118		15,814
Current assets
Stocks	4	215,794		210,515
Debtors	5	360,087		371,867
Cash at bank and on hand		692,729		819,334
		1,268,610		1,401,716
Creditors amounts falling due within one year	6	(46,454)		(194,715)
Net current assets (liabilities)			1,222,156		1,207,001
Total assets less current liabilities			1,233,274		1,222,815
Provisions for liabilities	7		(2,254)		(3,005)
Net assets			1,231,020		1,219,810
Capital and reserves
Called up share capital			300,002		300,002
Profit and loss account			931,018		919,808
Shareholders' funds			1,231,020		1,219,810

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 13 November 2025, and are signed on its behalf by:

BAZELEY, Alexander James
Director
Registered Company No. 07959134

BAZELEY DEVELOPMENTS LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Plant and machinery	25	-
Vehicles	25	-
Office Equipment	-	33

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 April 24	34,711	13,250	907	48,868
Disposals	-	(13,250)	-	(13,250)
At 31 March 25	34,711	-	907	35,618
Depreciation and impairment
At 01 April 24	20,131	12,255	668	33,054
Charge for year	3,644	-	114	3,758
On disposals	-	(12,255)	(57)	(12,312)
At 31 March 25	23,775	-	725	24,500
Net book value
At 31 March 25	10,936	-	182	11,118
At 31 March 24	14,580	995	239	15,814

4.	Stocks

	2025	2024
	£	£
Work in progress	215,794	210,515
Total	215,794	210,515

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	360,087	346,167
Total	360,087	346,167

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	3,732	16,902
Other creditors	39,072	175,988
Accrued liabilities and deferred income	3,650	1,825
Total	46,454	194,715


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	2,254	3,005
Total	2,254	3,005

8.	Related party transactions
	Mr S M Bazeley A charge was filed with Companies House on 17 February 2014 in respect of the directors, Mr S M Bazeley and Mrs L Bazeley in relation to a debenture. The particulars of this debenture include securities held over all company assets via a fixed charge. Mr T D Bazeley At the balance sheet date the company was owed Nil (2024 - £25,700) by the directors' son Mr T D Bazeley who is a shareholder in the company. This balance has been included within other debtors, the loan is non interest bearing and is repayable on demand. Bazeley Construction Ltd At the balance sheet date, the company was owed ££158,587 (2024 - £146,167) by Bazeley Construction Ltd, a company in which shareholder Mr A J Bazeley, the son of the directors is also a shareholder in the form of a loan. This balance has been included within other debtors, the loan is non interest bearing and is repayable on demand.

Related party transactions

Mr S M Bazeley

A charge was filed with Companies House on 17 February 2014 in respect of the directors, Mr S M Bazeley and Mrs L Bazeley in relation to a debenture. The particulars of this debenture include securities held over all company assets via a fixed charge.

Mr T D Bazeley

At the balance sheet date the company was owed Nil (2024 - £25,700) by the directors' son Mr T D Bazeley who is a shareholder in the company. This balance has been included within other debtors, the loan is non interest bearing and is repayable on demand.

Bazeley Construction Ltd

At the balance sheet date, the company was owed ££158,587 (2024 - £146,167) by Bazeley Construction Ltd, a company in which shareholder Mr A J Bazeley, the son of the directors is also a shareholder in the form of a loan. This balance has been included within other debtors, the loan is non interest bearing and is repayable on demand.