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Barron & Higgins Properties Ltd
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Notes to the financial statements
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for the year ended 30 November 2025
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1
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Company information
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Barron & Higgins Properties Ltd is a private company registered in England and Wales. Its registered
number is 08276435. The company is limited by shares. Its registered office is Studio 4, 113 Liverpool
Road, Liverpool, Merseyside, L23 5TD.
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2
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Accounting policies
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Basis of preparing the financial statements
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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 historic cost convention.
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Going concern
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In preparing these financial statements, the directors have assessed whether there are any material
uncertainties related to events or conditions that cast significant doubt upon the company's ability to
continue as a going concern. In making this assessment, the directors take into account all available
information about the future which is at least 12 months from the date that the financial statements are
authorised for issue.
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The directors consider that the company has adequate resources to continue in business for the
foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial
statements.
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Turnover
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Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, Value Added Tax and other sales taxes.
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Tangible fixed assets
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Depreciation is provided at the following annual rates in order to write off each asset over its estimated
useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
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Plant and machinery etc.:
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Improvements to property
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-
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15% reducing balance
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Investment property
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Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from
changes in fair value is recognised in profit or loss.
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3
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