Company Registration No. 12242297 (England and Wales)
Barrett's Property Ltd
Unaudited accounts
for the year ended 31 October 2025
Barrett's Property Ltd
Unaudited accounts
Contents
Barrett's Property Ltd
Company Information
for the year ended 31 October 2025
Directors
Jamie Matthew Barrett
Rachael Anne Barrett
Company Number
12242297 (England and Wales)
Registered Office
36 Bay Road
Gosport
PO12 2QA
England
Accountants
Taxez
5 South Charlotte Street
Edinburgh
EH2 4AN
Barrett's Property Ltd
Statement of financial position
as at 31 October 2025
Investment property
95,000
107,000
Cash at bank and in hand
9,601
807
Creditors: amounts falling due within one year
(27,450)
(34,530)
Net current liabilities
(17,849)
(33,723)
Total assets less current liabilities
77,151
73,277
Creditors: amounts falling due after more than one year
(77,254)
(62,195)
Provisions for liabilities
Net (liabilities)/assets
(918)
9,177
Called up share capital
100
100
Fair value reserve
4,289
16,289
Profit and loss account
(5,307)
(7,212)
Shareholders' funds
(918)
9,177
For the year ending 31 October 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 15 April 2026 and were signed on its behalf by
Jamie Matthew Barrett
Director
Company Registration No. 12242297
Barrett's Property Ltd
Notes to the Accounts
for the year ended 31 October 2025
Barrett's Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 12242297. The registered office is 36 Bay Road, Gosport, PO12 2QA, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Fair value at 1 November 2024
107,000
Net loss from fair value adjustments
(12,000)
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
181
181
Loans from directors
26,910
32,200
Barrett's Property Ltd
Notes to the Accounts
for the year ended 31 October 2025
6
Creditors: amounts falling due after more than one year
2025
2024
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).