Future Designer Homes - The Barn Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 15203497

		31 October 2025		31 October 2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	-		835,500
Debtors	5	674		11,804
Cash at bank and in hand		301		7,610

		975		854,914
Creditors: Amounts Falling Due Within One Year	6	(974 )		(854,680 )

NET CURRENT ASSETS (LIABILITIES)			1		234

TOTAL ASSETS LESS CURRENT LIABILITIES			1		234

NET ASSETS			1		234

CAPITAL AND RESERVES
Called up share capital	7		1		1
Profit and Loss Account			-		233

SHAREHOLDERS' FUNDS			1		234

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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Brian Hearn

Director

02/09/2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Future Designer Homes - The Barn Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15203497 . The registered office is Unit A2 Five Stones, Toddington Lane, Littlehampton, West Sussex, BN17 7PP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.4. Taxation

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 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.

2.5. Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Stocks

	31 October 2025	31 October 2024
	£	£
Stock	-	230,000
Work in progress	-	605,500

	-	835,500

5. Debtors

	31 October 2025	31 October 2024
	£	£
Due within one year
Other debtors	674	11,804

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Future Designer Homes - The Barn Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

6. Creditors: Amounts Falling Due Within One Year

	31 October 2025	31 October 2024
	£	£
Other loans	-	487,373
Other creditors	974	367,252
Taxation and social security	-	55

	974	854,680

7. Share Capital

	31 October 2025	31 October 2024
	£	£
Allotted, Called up and fully paid	1	1

8. Transition to FRS 102

These financial statements are the company’s first prepared in accordance with FRS 102. The company previously applied FRS 105.

The date of transition to FRS 102 was 1 November 2023. The transition has been accounted for in accordance with Section 35 of FRS 102.

The transition has resulted in certain recognition and presentation changes; however, these have not had a material impact on the company’s equity or profit for the periods presented and, accordingly, no reconciliations have been presented.

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