| Registered Number:05402152 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
B.A.R. Estates Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
B.A.R. Estates Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
5,567
185,847
2
5,567
185,847
| Trade and other receivables |
933,976
2,360,442
3
15,143
| Cash and cash equivalents |
41,831
2,402,273
949,119
| Trade and other payables: amounts falling due within one |
| year |
(1,061,229)
(1,412,159)
4
(112,110)
990,114
Net current assets
| Total assets less current liabilities |
995,681
73,737
| Trade and other payables: amounts falling due after more |
| than one year |
(13,425)
(12,210)
5
983,471
Net assets
60,312
300
300
983,171
60,012
983,471
60,312
Shareholders' funds
| For the year ended 31 March 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 22 December 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
B.A.R. Estates Limited
Notes to the Financial Statements
Statutory Information
| B.A.R. Estates Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 05402152. |
8 Peterborough Road
Harrow
Middlesex
HA1 2BQ
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
Turnover represents rents receivable and sales of residential property.
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Fixtures and fittings
| The company''s freehold properties are revalued in full every five years. Interim valuations are carried out when it is |
| likely that there has been a material change in value. |
| No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected |
| useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation |
| would be immaterial. The directors undertake an annual impairment review of these properties. |
Investment property
| Investment properties are included in the balance sheet at their open market value at the balance sheet date. The resulting aggregate surplus or deficit is transferred to a revaluation reserve. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years. Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified. |
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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For the year ended 31 March 2025
B.A.R. Estates Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
192,384
11,212
181,172
2,748
2,748
-
-
(181,172)
(181,172)
-
13,960
13,960
| Provision for depreciation and impairment |
6,537
6,537
-
Charge for year
1,856
1,856
-
8,393
8,393
-
-
5,567
5,567
181,172
4,675
185,847
| 3. Trade and other receivables |
2024
2025
2,360,442
933,976
| 4. Trade and other payables: amounts falling due within one year |
2024
2025
-
9,010
963
481
| Amounts owed to group undertaking and undertaking in which the |
| company has a participating interest |
189,246
834,543
| Taxation and social security |
56,757
4,053
1,165,193
213,142
1,412,159
1,061,229
| 5. Trade and other payables: amounts falling due after more than one year |
2024
2025
12,210
13,425
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For the year ended 31 March 2025
B.A.R. Estates Limited
Notes to the Financial Statements Continued
| 6. Average number of persons employed |
During the year the average number of employees was 0 (2024 : 1)
4 of 4