ACCOUNTS - Final Accounts

Analysis of the maturity of loans is given below:

Registered number: 09695249

BARFORD DOWN HOMES LTD.

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

BARFORD DOWN HOMES LTD.

REGISTERED NUMBER: 09695249

BALANCE SHEET

AS AT 31 JULY 2025

		2025		2024
Note		£		£


Current assets
Stocks	4	74,498		10,350
Debtors: amounts falling due within one year	5	72,782		67,950
Cash at bank and in hand	6	9,999		1,600
		157,279		79,900
Creditors: amounts falling due within one year	7	(213,260)		(153,642)
Net current liabilities			(55,981)		(73,742)
Total assets less current liabilities			(55,981)		(73,742)
Creditors: amounts falling due after more than one year	8		(21,073)		(22,400)

Net liabilities			(77,054)		(96,142)

Capital and reserves
Called up share capital	1	1
Profit and loss account	(77,055)	(96,143)
	(77,054)	(96,142)

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BARFORD DOWN HOMES LTD.

REGISTERED NUMBER: 09695249

BALANCE SHEET (CONTINUED)

AS AT 31 JULY 2025

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 10 September 2026.

................................................

Steven Pidgley

Director

The notes on pages 3 to 7 form part of these financial statements.

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BARFORD DOWN HOMES LTD.

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

1.	General information

Barford Down Homes Ltd. is a private company limited by share capital, incorporated in England and Wales. The principal activity of the Company is that of the development of building projects.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

2.2

Going concern

The accounts have been prepared on a going concern basis. The company is dependent on the continuing support of the director, which he has pledged for the forseeable future.

2.3

Revenue

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:

∙the company has transferred the significant risks and rewards of ownership to the buyer;

∙the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of turnover can be measured reliably;

∙it is probable that the company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

2.4

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

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BARFORD DOWN HOMES LTD.

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

2.Accounting policies (continued)

2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.7

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

2.8

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the company in independently administered funds.

2.9

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.12

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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BARFORD DOWN HOMES LTD.

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

Employees

The average monthly number of employees, including the director, during the year was as follows:

	2025	2024
	No.	No.

Total	3	2

4.	Stocks
		2025	2024
		£	£

Work in progress	74,498	10,350
	74,498	10,350

Debtors

					2025	2024
					£	£


Amounts owed by group undertakings	64,018	67,878
Other debtors	7,568	72
Prepayments and accrued income	1,196	-
	72,782	67,950

6.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	9,999	1,600
	9,999	1,600

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BARFORD DOWN HOMES LTD.

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank loans	10,000	10,000
Trade creditors	11,672	4,032
Amounts owed to associates	122,163	11,060
Other taxation and social security	7,467	-
Other creditors	-	126,671
Accruals and deferred income	61,958	1,879
	213,260	153,642

8.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Bank loans	21,073	22,400
	21,073	22,400

Amounts falling due within one year
Bank loans	10,000	10,000

Amounts falling due 2-5 years
Bank loans	21,073	22,400

	31,073	32,400

10.	Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £1,070 (2024 - £Nil). Contributions totalling £Nil (2024- £Nil) were payable to the fund at the balance sheet date.

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BARFORD DOWN HOMES LTD.

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

11.	Controlling party

The Company is controlled by the director, Steven Richard Pidgley, by virtue of his shareholding as described in the director's report.

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