B.D. Townsend Limited

B.D. Townsend Limited
Directors' Report
For the year ended 31 December 2025

Director's report and financial statements

The directors present his/her/their annual report and the financial statements for the year ended 31 December 2025

Principal activities

Principal activity of the company during the financial period was the letting of residential and commercial property.

Directors

The directors who served the company throughout the year were as follows:

Brian Townsend

Valerie Townsend

Statement of directors' responsibilities

The directors are responsible for preparing the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102 (1a) and applicable law). The financial statements are required by law to give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:
-select suitable accounting policies and then apply them consistently
-make judgements and estimates that are reasonable and prudent
-state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006.

The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report was approved by the board and signed on its behalf by:

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Brian Townsend
Director

Date approved: 23 September 2026

B.D. Townsend Limited
Statement of Financial Position
As at 31 December 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	1,623,400	1,623,400
		1,623,400	1,623,400
Current assets
Cash at bank and in hand		12,199	17,129
Creditors: amount falling due within one year	4	(363,804)	(333,558)
Net current assets		(351,605)	(316,429)

Total assets less current liabilities		1,271,795	1,306,971
Provisions for liabilities	5	(239,559)	(239,559)
Net assets		1,032,236	1,067,412

Capital and reserves
Called up share capital		100	100
Revaluation Reserves	6	776,169	776,169
Profit and loss account		255,967	291,143
Shareholders' funds		1,032,236	1,067,412

For the year ended 31 December 2025 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 accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 23 September 2026 and were signed on its behalf by:

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Brian Townsend
Director

B.D. Townsend Limited
Notes to the Financial Statements
For the year ended 31 December 2025

General Information

B.D. Townsend Limited is a private company, limited by shares, registered in England and Wales, registration number 01459331, registration address 6 Pinewood Grove, New Haw, Addlestone, Surrey, KT15 3BY.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 (1a) The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

2.	Average number of employees Average number of employees during the year was 2 (2024 : 2).

Tangible fixed assets

Cost or valuation	Investment properties	Total
	£	£
At 01 January 2025	1,623,400	1,623,400
Additions	-	-
Disposals	-	-
At 31 December 2025	1,623,400	1,623,400
Depreciation
At 01 January 2025	-	-
Charge for year	-	-
On disposals	-	-
At 31 December 2025	-	-
Net book values
Closing balance as at 31 December 2025	1,623,400	1,623,400
Opening balance as at 01 January 2025	1,623,400	1,623,400

Creditors: amount falling due within one year

	2025 £	2024 £
Corporation Tax	3,477	9,692
Accrued Expenses	9,950	9,950
Other Creditors	3,514	3,514
Directors' Current Accounts	346,863	310,402
	363,804	333,558

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	239,559		239,559
	239,559		239,559

Revaluation Reserves

	2025 £		2024 £
Revaluation Reserve b/fwd	776,169		776,169
	776,169		776,169

Investment Property Revaluation

The historical cost of the investment is £665,166 (2023: £665,166). No depreciation has been charged on the property. The investment property was valued on an open market basis on 31 December 2017 by various parties, including RICS registered valuers who valued the commercial properties, and other letting agents with knowledge of the residential properties.

The directors consider that the valuation has not significantly altered since 31/12/2017, and it is appropriate to continue to use this valuation.