Company registration number: 02121151
Annual report and unaudited financial statements
for the year ended 31 March 2026
for
Bankfield Developments Limited
Pages for filing with the Registrar
Company registration number: 02121151
Bankfield Developments Limited
Balance sheet
as at 31 March 2026
2026 2025
Note £ £ £ £
Current assets
Stocks 90,000 90,000
Debtors 5,136 5,125
Investments 285,000 285,000
Cash at bank and in hand 116,772 156,964
496,908 537,089
Creditors: amounts falling due within one year
4 (1,129) (9,145)
Net current assets 495,779 527,944
NET ASSETS 495,779 527,944
Capital and reserves
Called up share capital 100 100
Profit and loss account 495,679 527,844
TOTAL EQUITY 495,779 527,944
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 02121151
Bankfield Developments Limited
Balance sheet - continued
as at 31 March 2026
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr J Goodyear, Director
6 August 2026
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Bankfield Developments Limited
Notes to the financial statements
for the year ended 31 March 2026
1 Company information
Bankfield Developments Limited is a private company registered in England and Wales. Its registered number is 02121151. The company is limited by shares. Its registered office is 8 Bexley Square, Salford, M3 6BZ.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
3 Average number of employees
During the year the average number of employees was 2 (2025 - 2).
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Bankfield Developments Limited
Notes to the financial statements - continued
for the year ended 31 March 2026
4 Creditors: amounts falling due within one year
2026 2025
£ £
Taxation - 8,015
Accruals and deferred income 1,129 1,130
1,129 9,145
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