REGISTERED NUMBER: 05461186 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 May 2025

for

Barry Sanderson (Property) Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

B R Sanderson

T Ramshaw

M J Smith

O Sanderson

REGISTERED OFFICE:

14 Wilson Street North

Monkwearmouth

Sunderland

Tyne & Wear

SR5 1BB

REGISTERED NUMBER:

05461186 (England and Wales)

ACCOUNTANTS:

TTR Barnes Limited

Chartered Accountants

3-5 Grange Terrace

Stockton Road

Sunderland

Tyne & Wear

SR2 7DG

FIXED ASSETS

Tangible assets

4

738,771

738,771

Investments

5

754,436

754,436

1,493,207

1,493,207

CURRENT ASSETS

Debtors

6

-

843

Cash at bank and in hand

8,650

7,771

8,650

8,614

CREDITORS

Amounts falling due within one year

7

55,967

55,947

NET CURRENT LIABILITIES

(47,317

)

(47,333

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,445,890

1,445,874

CREDITORS

Amounts falling due after more than one year

8

47,755

67,227

NET ASSETS

1,398,135

1,378,647

CAPITAL AND RESERVES

Called up share capital

984

984

Share premium account

754,203

754,203

Retained earnings

642,948

623,460

SHAREHOLDERS' FUNDS

1,398,135

1,378,647

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2025 and were signed on its behalf by:

B R Sanderson - Director

1.	STATUTORY INFORMATION

Barry Sanderson (Property) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

The financial statements have been prepared on the going concern basis, which assumes that the company will continue in operational existence for the foreseeable future, which the director considers appropriate.

Preparation of consolidated financial statements

The financial statements contain information about Barry Sanderson (Property) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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 concluded at market rate.

Turnover

Turnover represents net invoiced rental income, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Freehold property

-

not provided

Improvements to property

-

not provided

Plant and machinery

-

15% straight line

Computer equipment

-

33% Straight line

Depreciation is not charged on freehold property as the properties are maintained to such a level that their residual value will be at least that of their cost.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any impairment.

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are recognised at transaction value and subsequently measured at their settlement value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

Computer

property

property

machinery

equipment

Totals

£

£

£

£

£

COST

At 1 June 2024

734,311

4,460

359

1,025

740,155

Disposals

-

-

(158

)

(1,025

)

(1,183

)

At 31 May 2025

734,311

4,460

201

-

738,972

DEPRECIATION

At 1 June 2024

-

-

359

1,025

1,384

Eliminated on disposal

-

-

(158

)

(1,025

)

(1,183

)

At 31 May 2025

-

-

201

-

201

NET BOOK VALUE

At 31 May 2025

734,311

4,460

-

-

738,771

At 31 May 2024

734,311

4,460

-

-

738,771

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 June 2024

and 31 May 2025

754,436

NET BOOK VALUE

At 31 May 2025

754,436

At 31 May 2024

754,436

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

843

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

23,883

-

Taxation and social security

19,417

19,625

Other creditors

12,667

36,322

55,967

55,947

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

47,755

-

Other creditors

-

67,227

47,755

67,227

9.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Other loans

-

23,294

Amounts falling due between one and two years:

Other loans

-

23,294

Amounts falling due between two and five years:

Other loans - 2-5 years

-

43,933

10.	ULTIMATE CONTROLLING PARTY

The controlling party is B R Sanderson and O Sanderson.