10427308falseProperty2024-11-012025-10-31http://www.companieshouse.gov.uk/2024-10-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-10-31http://www.companieshouse.gov.uk/cd:Director12024-11-012025-10-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-10-31http://www.companieshouse.gov.uk/cd:Director22024-11-012025-10-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-11-012025-10-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-11-012025-10-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-11-012025-10-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-10-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-10-31http://www.companieshouse.gov.uk/2024-11-012025-10-31http://www.companieshouse.gov.uk/2024-10-31http://www.companieshouse.gov.uk/cd:FRS1022024-11-012025-10-31http://www.companieshouse.gov.uk/2025-10-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-11-012025-10-31http://www.companieshouse.gov.uk/cd:FilletedAccounts2024-11-012025-10-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 10427308
Bafor Property Limited
ACCOUNTS
FOR THE YEAR ENDED 31/10/2025
Prepared By:
Goody Chartered Accountants & Tax Advisors
8 Old Forge Court
Colchester Road
Elmstead Market
Essex
CO7 7EA
Bafor Property Limited
ACCOUNTS
FOR THE YEAR ENDED 31/10/2025
DIRECTORS
Steven Barber
Keith Barber
REGISTERED OFFICE
8 Old Forge Court
Colchester Road
Elmstead Market
Essex
CO7 7EA
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10427308
ACCOUNTANTS
Goody Chartered Accountants & Tax Advisors
8 Old Forge Court
Colchester Road
Elmstead Market
Essex
CO7 7EA
Bafor Property Limited
ACCOUNTS
FOR THEYEARENDED31/10/2025
CONTENTS
Page
Balance Sheet3
Notes To The Accounts5
Bafor Property Limited
BALANCE SHEET AT 31/10/2025
20252024
Notes££
FIXED ASSETS
Tangible assets3380,000380,000
Investment Assets46060
380,060380,060
CURRENT ASSETS
Debtors61,3771,377
Cash at bank and in hand3,3341,458
4,7112,835
CREDITORS: Amounts falling due within one year73,8813,257
NET CURRENT ASSETS / (LIABILITIES)830(422)
TOTAL ASSETS LESS CURRENT LIABILITIES380,890379,638
CREDITORS: Amounts falling due after more than one year8255,709253,716
PROVISIONS FOR LIABILITIES AND CHARGES916,05016,050
NET ASSETS109,131109,872
CAPITAL AND RESERVES
Called up share capital1022
Revaluation reserve1d,1187,21387,213
Profit and loss account21,91622,657
SHAREHOLDERS' FUNDS109,131109,872
Bafor Property Limited
BALANCE SHEET AT 31/10/2025
For the year ending 31/10/2025 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 21/07/2026 and signed on their behalf by
.............................
Keith Barber
Director
.............................
Steven Barber
Director
Bafor Property Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/10/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
1c. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.
1d. Revaluation Reserve
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 11).
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account.
2. EMPLOYEES
20252024
No.No.
Average number of employees22
Bafor Property Limited
3. TANGIBLE FIXED ASSETS
Cost
At 31/10/2025
Depreciation
At 31/10/2025
Net Book Amounts
At 31/10/2025
4. FINANCIAL ASSETS
Shares in group companies
and participating interestsTotal
££
Cost
At 01/11/20246060
At 31/10/20256060
Amortisation
Net Book Amounts
At 31/10/20256060
At 31/10/20246060
5. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 01/11/2024380,000380,000
At 31/10/2025380,000380,000
Bafor Property Limited
6. DEBTORS 20252024
££
Amounts falling due within one year
Other debtors1,3751,375
1,3751,375
Amounts falling due over more than one year
Called Up Share Capital Not Paid 22
22
1,3771,377
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
Directors current account624-
Other creditors2,4072,407
Accruals850850
3,8813,257
8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Bank loans (secured) >1yr255,709253,716
255,709253,716
Bafor Property Limited
9. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation16,05016,050
16,05016,050
10. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22
11. REVALUATION RESERVE 20252024
££
Revaluation reserve87,21387,213
87,21387,213