REGISTERED NUMBER: 15222498 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Bridgeford Homes (Faringdon) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S L Mundy

J Slattery

REGISTERED OFFICE:

Larne House

Sevenhampton

Swindon

Wiltshire

SN6 7QA

REGISTERED NUMBER:

15222498 (England and Wales)

ACCOUNTANTS:

Morley & Co (UK) Ltd

Chartered Certified Accountants,

2 Cricklade Court

Old Town

Swindon

Wiltshire

SN1 3EY

FIXED ASSETS

Tangible assets

4

14,321

14,852

CURRENT ASSETS

Stocks

889,912

3,088,986

Debtors

5

183,094

766,853

Cash at bank

77,283

25,082

1,150,289

3,880,921

CREDITORS

Amounts falling due within one year

6

780,733

104,205

NET CURRENT ASSETS

369,556

3,776,716

TOTAL ASSETS LESS CURRENT LIABILITIES

383,877

3,791,568

CREDITORS

Amounts falling due after more than one year

7

(111,423

)

(3,715,775

)

PROVISIONS FOR LIABILITIES

(3,580

)

-

NET ASSETS

268,874

75,793

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

268,774

75,693

268,874

75,793

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 June 2026 and were signed on its behalf by:

J Slattery - Director

S L Mundy - Director

1.	STATUTORY INFORMATION

Bridgeford Homes (Faringdon) Ltd 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Financial instruments

Basic financial instruments, including trade and other receivables and payables, cash and bank balances, bank loans and loans to or from other group companies are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 November 2024

17,232

445

17,677

Additions

3,534

-

3,534

At 31 October 2025

20,766

445

21,211

DEPRECIATION

At 1 November 2024

2,758

67

2,825

Charge for year

3,976

89

4,065

At 31 October 2025

6,734

156

6,890

NET BOOK VALUE

At 31 October 2025

14,032

289

14,321

At 31 October 2024

14,474

378

14,852

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

535,000

Other debtors

183,094

231,853

183,094

766,853

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

642,068

82,719

Taxation and social security

67,665

15,486

Other creditors

71,000

6,000

780,733

104,205

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

111,423

89,923

Other creditors

-

3,625,852

111,423

3,715,775

8.	RELATED PARTY DISCLOSURES

At the balance sheet date, Mundy Groundwork Ltd, a company controlled by S Mundy, was owed £65,000 by the company. This is repayable on demand.

At the balance sheet date, Hampton Developments Ltd, a company controlled by J Slattery, owed the company £73,411. This is repayable on demand.