Barrelmaker Properties Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03601892 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 DECEMBER 2025

FOR

BARRELMAKER PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs G A Richards

Mrs C J Cooper

Mr A P Cooper

Ms V J Uttley

Ms L S Vane Percy

SECRETARY:

Mrs C J Cooper

REGISTERED OFFICE:

Larch House

Parklands Business Park

Denmead

Hampshire

PO7 6XP

REGISTERED NUMBER:

03601892 (England and Wales)

ACCOUNTANTS:

Gibson Whitter

Chartered Accountants

and Chartered Tax Advisers

Larch House

Parklands Business Park

Denmead

Hampshire

PO7 6XP

FIXED ASSETS

Tangible assets

4

-

Investment property

5

3,000,000

CURRENT ASSETS

Debtors

6

1,847

1,736

Cash at bank

215,436

213,706

217,283

215,442

CREDITORS

Amounts falling due within one year

7

1,765,278

1,723,785

NET CURRENT LIABILITIES

(1,547,995

)

(1,508,343

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,452,005

1,491,657

PROVISIONS FOR LIABILITIES

8

86,750

NET ASSETS

1,365,255

1,404,907

CAPITAL AND RESERVES

Called up share capital

100

Revaluation reserve

1,235,013

Retained earnings

130,142

169,794

SHAREHOLDERS' FUNDS

1,365,255

1,404,907

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 1 May 2026 and were signed on its behalf by:

Mr A P Cooper - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents rent receivable from the company's investment property excluding value added

tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost, 25% on cost and 25% on reducing balance

Investment property

Investment property is included at 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 31 December 2024

and 30 December 2025

42,461

DEPRECIATION

At 31 December 2024

and 30 December 2025

42,461

NET BOOK VALUE

At 30 December 2025

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 31 December 2024

and 30 December 2025

3,000,000

NET BOOK VALUE

At 30 December 2025

3,000,000

At 30 December 2024

3,000,000

Fair value at 30 December 2025 is represented by:

£

Valuation in 2011

291,763

Valuation in 2020

1,030,000

Cost

1,678,237

3,000,000

If the investment property had not been revalued it would have been included at the following historical cost:

30.12.25

30.12.24

£

Cost

1,678,237

The investment property was valued on an open market basis on 30 December 2025 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.12.25

30.12.24

£

Other debtors

1,847

1,736

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.12.25

30.12.24

£

Bank loans and overdrafts

-

8,681

Trade creditors

2,182

2,274

Taxation and social security

79,468

56,972

Other creditors

1,683,628

1,655,858

1,765,278

1,723,785

8.	PROVISIONS FOR LIABILITIES

30.12.25

30.12.24

£

Deferred tax

86,750

Deferred

tax

£

Balance at 31 December 2024

86,750

Balance at 30 December 2025

86,750

9.	RELATED PARTY DISCLOSURES

During the year the company paid management and other recharges to a company under common control totalling £6,600 (30.12.24: £6,600).

The aggregate amount owed to the director at the balance sheet date is £1,463,776 (30.12.24: £1,460,183).

The aggregate amount owed by a company under common control at the balance sheet date is £1,469,467 (30.12.24: £1,307,244). The company has provided against this in full. The charge in the year is £162,223 (2024: £168,215).

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr A P Cooper.