Company Registration No. 10436163 (England and Wales)
S P Bardwell Property Limited
Unaudited accounts
for the year ended 31 October 2025
S P Bardwell Property Limited
Statement of financial position
as at 31 October 2025
Tangible assets
1,297,053
1,285,320
Cash at bank and in hand
28,364
49,064
Creditors: amounts falling due within one year
(103,129)
(105,398)
Net current liabilities
(57,465)
(41,997)
Total assets less current liabilities
1,239,588
1,243,323
Creditors: amounts falling due after more than one year
(155,807)
(155,219)
Net assets
1,083,781
1,088,104
Called up share capital
200
200
Profit and loss account
1,083,581
1,087,904
Shareholders' funds
1,083,781
1,088,104
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 28 July 2026 and were signed on its behalf by
S Bardwell
Director
Company Registration No. 10436163
S P Bardwell Property Limited
Notes to the Accounts
for the year ended 31 October 2025
S P Bardwell Property Limited is a private company, limited by shares, registered in England and Wales, registration number 10436163. The registered office is Brooklea, Cold Norton Road, Latchingdon, Chelmsford, Essex, CM3 6HP, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
over the lease term
Plant & machinery
over 5 years
Fixtures & fittings
over 5 years
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover 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.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
S P Bardwell Property Limited
Notes to the Accounts
for the year ended 31 October 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 November 2024
1,283,912
4,505
1,288,417
At 31 October 2025
1,296,771
4,505
1,301,276
At 1 November 2024
-
3,097
3,097
Charge for the year
-
1,126
1,126
At 31 October 2025
-
4,223
4,223
At 31 October 2025
1,296,771
282
1,297,053
At 31 October 2024
1,283,912
1,408
1,285,320
Amounts falling due within one year
Trade debtors
15,892
12,929
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
13,989
13,989
Trade creditors
1,477
7,192
Taxes and social security
1,393
3,600
Other creditors
72,382
70,294
Loans from directors
8,120
8,536
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
134,550
137,782
Other creditors
21,257
17,437
8
Transactions with related parties
During the year, dividends were paid to the directors of £21,000 (2024 - £15,726)
At the year end, S P Bardwell Property Limited was owed £1,408 by the associate company S P Bardwell Limited. (2024 - £1,408)
S P Bardwell Property Limited
Notes to the Accounts
for the year ended 31 October 2025
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).