BARTER_BUILDINGS_LIMITED_31_Mar_2026_companies_house_set_of

Barter Buildings Limited

Report to the board of directors on the preparation of the unaudited statutory financial statements of Barter Buildings Limited

Year ended

31 March 2026

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the

financial statements

Barter Buildings Limited

for the year ended

31 March 2026

which comprise the income statement, statement of financial position and related notes from the company’s accounting records and from information and explanations you have given me.

As a practising member of the Association of Chartered Certified Accountants, I am subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Members/Doc/rule/2018-rulebook.pdf.

This report is made solely to the Board of Directors of

Barter Buildings Limited

, as a body. My work has been undertaken solely to prepare for your approval the

financial statements

Barter Buildings Limited

and state those matters that I have agreed to state to the Board of Directors of

Barter Buildings Limited

, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than

Barter Buildings Limited

and its Board of Directors, as a body, for my work or for this report.

It is your duty to ensure that

Barter Buildings Limited

has kept adequate accounting records and to prepare statutory

financial statements

that give a true and fair view of the assets, liabilities, financial position and loss of

Barter Buildings Limited

. You consider that

Barter Buildings Limited

is exempt from the statutory audit requirement for the year.

I have not been instructed to carry out an audit or a review of the financial statements of Barter Buildings Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.

Kumar Business Consutants Limited

255-261 Horn Lane

London

W3 9EH

United Kingdom

Barter Buildings Limited

Statement of Financial Position

31 March 2026

		2026		2025
	Note	£		£
Fixed assets
Tangible assets	5	3,643,598		4,707,200
Current assets
Debtors	6	2,053		248,822
Cash at bank and in hand		361,036		119,533
		363,089		368,355
Creditors: amounts falling due within one year	7	(193,625	)	(627,333	)
Net current assets/(liabilities)		169,464		(258,978	)
Total assets less current liabilities		3,813,062		4,448,222
Creditors: amounts falling due after more than one year	8	(1,125,953	)	(1,722,685	)
Net assets		2,687,109		2,725,537
Capital and reserves
Called up share capital		10		10
Share premium		2,967,914		2,967,914
Profit and loss account		(280,815	)	(242,387	)
Shareholders funds		2,687,109		2,725,537

For the year ending

31 March 2026

, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These

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.

These

financial statements

were approved by the board of directors and authorised for issue on

22 May 2026

, and are signed on behalf of the board by:

D Barter

Director

Company registration number:

13998163

Barter Buildings Limited

Notes to the Financial Statements

Year ended

31 March 2026

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is

48 Heathfield Road

London

W3 8EJ

, England.

2 Statement of compliance

These

financial statements

have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

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.

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.

Turnover

Rental income is recognised on an accrual basis. Rents receivable from tenants represents rents and service charges receivable in the period.

Where a rent-free period is included in a lease, the rental income foregone is allocated evenly over the period from the date of lease commencement to the earliest termination date.

Rental income from fixed and minimum guaranteed rent reviews is recognised on a straight-line basis over the shorter of the entire lease term or the period to the first break option. Where such rental income is recognised ahead of the related cash flow, an adjustment is made to ensure the carrying value of the related property including the accrued rent does not exceed the external valuation. Initial direct costs incurred in negotiating and arranging a new lease are amortised on a straight-line basis over the period from the date of lease commencement to the earliest termination date.

Investment properties

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.

Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties whose fair value can be measured reliably without undue cost or effort on an on-going basis are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

4 Average number of employees

The average number of persons employed by the company during the year was nil (2025: nil).

5 Tangible assets

	Land and buildings
	£
Cost
At 1 April 2025	4,707,200
Disposals	(1,063,602	)
At 31 March 2026	3,643,598
Depreciation
At 1 April 2025 and 31 March 2026	-
Carrying amount
At 31 March 2026	3,643,598
At 31 March 2025	4,707,200

Investment property

Included in land and buildings are the following amounts in relation to investment properties:

	2026
	£
Carrying amount at 1 April 2025	4,707,201
Disposals	(1,063,603	)
Carrying amount at 31 March 2026	3,643,598

6 Debtors

	2026		2025
	£		£
Other debtors	2,053		248,822

7 Creditors: amounts falling due within one year

	2026		2025
	£		£
Other creditors	193,625		627,333

8 Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Bank loans and overdrafts	1,125,953		1,722,685