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Company Registration No. 11477327 (England and Wales)
Barker & Jones Property Limited Unaudited accounts for the year ended 31 March 2025
Barker & Jones Property Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Barker & Jones Property Limited Company Information for the year ended 31 March 2025
Directors
Jason Barker Christopher Jones
Company Number
11477327 (England and Wales)
Registered Office
The Cross Keys 12-13 Market Place Wymondham Norfolk NR18 0AX England
Accountants
JHW Azoth Ltd 13 The Close Norwich Norfolk NR1 4DS
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Barker & Jones Property Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
340
400
Investment property
5
450,000
450,000
450,340
450,400
Current assets
Debtors
6
913
4,980
Cash at bank and in hand
11,926
7,406
12,839
12,386
Creditors: amounts falling due within one year
7
(3,633)
(10,567)
Net current assets
9,206
1,819
Total assets less current liabilities
459,546
452,219
Creditors: amounts falling due after more than one year
8
(346,415)
(345,988)
Provisions for liabilities
Deferred tax
(22,028)
(22,028)
Net assets
91,103
84,203
Capital and reserves
Called up share capital
100
100
Profit and loss account
91,003
84,103
Shareholders' funds
91,103
84,203
For the year ending 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 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 22 December 2025 and were signed on its behalf by
Jason Barker Director Company Registration No. 11477327
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Barker & Jones Property Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Barker & Jones Property Limited is a private company, limited by shares, registered in England and Wales, registration number 11477327. The registered office is The Cross Keys, 12-13 Market Place, Wymondham, Norfolk, NR18 0AX, England.
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% reducing balance
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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Barker & Jones Property Limited Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 April 2024
798
At 31 March 2025
798
Depreciation
At 1 April 2024
398
Charge for the year
60
At 31 March 2025
458
Net book value
At 31 March 2025
340
At 31 March 2024
400
5
Investment property
2025
£
Fair value at 1 April 2024
450,000
At 31 March 2025
450,000
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
-
4,067
Accrued income and prepayments
913
913
913
4,980
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
1,550
3,243
Taxes and social security
1,632
2,255
Other creditors
-
4,067
Loans from directors
451
451
Accruals
-
551
3,633
10,567
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
346,415
345,988
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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