BFW PROPERTIES LIMITED


Directors	Mr D Barnes
	Mr E Favell
	Mr P Wheeler


Registered Address	57-61 High Street
	Ewell
	Epsom
	KT17 1RX


Registered Number	14236952 (England and Wales)

Statement of Financial Position
31 July 2025

	Notes	2025		2024
		£	£	£	£
ASSETS
Fixed assets
Investment property	3		540,000		540,000
			540,000		540,000
Current assets
Debtors	4	18,681		-
Cash at bank and in hand		3,028		3,100
		21,709		3,100
			21,709		3,100
			561,709		543,100
CAPITAL, RESERVES AND LIABILITIES
Capital and reserves
Called up share capital			100		100
Profit and loss account			463		5,287
			563		5,387
Liabilities
Creditors amounts falling due within one year	5		40,095		11,318
Creditors amounts falling due after one year	6		521,051		526,395
			561,709		543,100

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 18 June 2026, and are signed on its behalf by:

Mr E Favell
Director
Registered Company No. 14236952

BFW PROPERTIES LIMITED

Notes to the Financial Statements
for the year ended 31 July 2025

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Revenue from rendering of services
	Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Finance costs
	Finance costs charged to the profit or loss include interest expense calculated using the effective interest method from FRS 102:11, finance charges on finance leases, and exchange differences on foreign currency borrowings where these are treated as an adjustment to interest costs.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

	Related parties
	For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Investment property


		£
	Fair value at 01 August 24	540,000
	At 31 July 25	540,000

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	11,293	-
Prepayments and accrued income	7,388	-
Total	18,681	-

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	-	1,440
Bank borrowings and overdrafts	34,154	-
Taxation and social security	-	1,240
Other creditors	4,742	7,127
Accrued liabilities and deferred income	1,199	1,511
Total	40,095	11,318

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	521,051	526,395
Total	521,051	526,395

7.	Secured creditors
	The bank loans are secured under a standard mortgage charge.

8.	Related party transactions
	As of the balance sheet date, included in creditors due within one year is £4,742 ( 2024: £2,490 ), due and payable to directors. The amount is interest-free and repayable upon demand. The company is under common control by the directors. As at the balance sheet date, included in debtors due within one year is £4,403 ( 2024: in credit £4,565 ) due from BFW Gym & Developments Limited. The amount is interest-free and repayable on demand. As at the balance sheet date, included in debtors due within one year is £6,890 ( 2024: nil ) due from VFIT Ewell Limited. The amount is interest-free and repayable on demand.

Related party transactions

As of the balance sheet date, included in creditors due within one year is £4,742 ( 2024: £2,490 ), due and payable to directors. The amount is interest-free and repayable upon demand. The company is under common control by the directors.
As at the balance sheet date, included in debtors due within one year is £4,403 ( 2024: in credit £4,565 ) due from BFW Gym & Developments Limited. The amount is interest-free and repayable on demand.
As at the balance sheet date, included in debtors due within one year is £6,890 ( 2024: nil ) due from VFIT Ewell Limited. The amount is interest-free and repayable on demand.