REGISTERED NUMBER: 04141119 (England and Wales)

BARIC PROPERTIES LIMITED

Unaudited Financial Statements

for the Year Ended 31 January 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A G Richardson

SECRETARY:

Mrs B D Richardson

REGISTERED OFFICE:

Broad Street

Dewsbury

West Yorkshire

WF13 3SA

REGISTERED NUMBER:

04141119 (England and Wales)

ACCOUNTANTS:

Maclean & Company

1 Park View Court

St Paul's Road

Shipley

West Yorkshire

BD18 3DZ

FIXED ASSETS

Tangible assets

4

53,199

47,595

Investment property

5

343,371

343,371

396,570

390,966

CURRENT ASSETS

Debtors

6

31,894

31,765

Cash at bank and in hand

3,132

693

35,026

32,458

CREDITORS

Amounts falling due within one year

7

188,166

199,178

NET CURRENT LIABILITIES

(153,140

)

(166,720

)

TOTAL ASSETS LESS CURRENT LIABILITIES

243,430

224,246

CAPITAL AND RESERVES

Called up share capital

100

100

Other reserves

157,751

157,751

Retained earnings

85,579

66,395

SHAREHOLDERS' FUNDS

243,430

224,246

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 by the director and authorised for issue on 29 July 2026 and were signed by:

A G Richardson - Director

1.	STATUTORY INFORMATION

BARIC 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.

Turnover

Turnover represents property rentals received and net invoiced sales, 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

-

15% on reducing balance

Computer equipment

-

33% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Investment properties

In accordance with Statement of Standard Accounting Practice No 19, investment properties are stated at open market value and are not subject to periodic charges for depreciation. Changes in their value are included as a movement on the property revaluation reserve.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 February 2025

126,434

1,459

127,893

Additions

12,744

-

12,744

At 31 January 2026

139,178

1,459

140,637

DEPRECIATION

At 1 February 2025

78,840

1,458

80,298

Charge for year

7,140

-

7,140

At 31 January 2026

85,980

1,458

87,438

NET BOOK VALUE

At 31 January 2026

53,198

1

53,199

At 31 January 2025

47,594

1

47,595

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

and 31 January 2026

343,371

NET BOOK VALUE

At 31 January 2026

343,371

At 31 January 2025

343,371

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

1,454

693

Other debtors

30,440

31,072

31,894

31,765

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade creditors

18,765

3,107

Taxation

3,342

3,283

Other creditors

166,059

192,788

188,166

199,178