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REGISTERED NUMBER: 02463305 (England and Wales)















Financial Statements for the Year Ended 28 February 2018

for

Bar Code Data Limited

Bar Code Data Limited (Registered number: 02463305)






Contents of the Financial Statements
for the Year Ended 28 February 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 9

Bar Code Data Limited

Company Information
for the Year Ended 28 February 2018







DIRECTORS: P W Ralph
I Fearns
R I Young





SECRETARY: P W Ralph





REGISTERED OFFICE: Ashton House
Margaret Street
Ashton under Lyne
Lancashire
OL7 0SH





REGISTERED NUMBER: 02463305 (England and Wales)





ACCOUNTANTS: Lomas and Company Accountants Limited
Bridge House
12 Market Street
Glossop
Derbyshire
SK13 8AR

Bar Code Data Limited (Registered number: 02463305)

Balance Sheet
28 February 2018

28.2.18 28.2.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 134,665 146,989

CURRENT ASSETS
Stocks 38,260 36,125
Debtors 6 601,075 398,918
Cash at bank and in hand 229,490 171,210
868,825 606,253
CREDITORS
Amounts falling due within one year 7 539,625 403,213
NET CURRENT ASSETS 329,200 203,040
TOTAL ASSETS LESS CURRENT
LIABILITIES

463,865

350,029

PROVISIONS FOR LIABILITIES 8 25,587 29,398
NET ASSETS 438,278 320,631

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Capital redemption reserve 400 400
Retained earnings 435,878 318,231
SHAREHOLDERS' FUNDS 438,278 320,631

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 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.

Bar Code Data Limited (Registered number: 02463305)

Balance Sheet - continued
28 February 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 9 November 2018 and were signed on its behalf by:




P W Ralph - Director I Fearns - Director




R I Young - Director


Bar Code Data Limited (Registered number: 02463305)

Notes to the Financial Statements
for the Year Ended 28 February 2018

1. STATUTORY INFORMATION

Bar Code Data 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
The preparation of financial statements in accordance with FRS 102 requires the use of certain critical accounting
estimates. It also requires management to exercise its judgement in the process of applying the company's
accounting policies.

Estimates and judgements are continually evaluated and are based on historical experience and other factors,
including expectations of future events that are believed to be reasonable under the circumstances.

There are no judgements, apart from those involving estimates, that have had a significant effect on amounts
recognised in the financial statements. There are no estimates or assumptions that are expected to have a
significant impact upon the carrying value of the assets and liabilities within the next financial year.

Turnover
Turnover represents the invoiced value of goods sold/services provided net of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in
bringing stocks to their present location and condition.


Bar Code Data Limited (Registered number: 02463305)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2018

3. ACCOUNTING POLICIES - continued
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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance
sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date
of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

Mr P Ralph, Mr I Fearns and Mr R I Young accrue pension benefits from the company.

Bar Code Data Limited (Registered number: 02463305)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2018

3. ACCOUNTING POLICIES - continued

Going concern
After reviewing the Company's forecasts and projections, the directors have a reasonable expectation that the
Company has adequate resources to continue in operational existence for the foreseeable future. The Company
therefore continues to adopt the going concern basis in preparing its financial statements.

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.

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.

Financial Instruments
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other
accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently
at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one
year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of
the cash or other consideration expected to be paid or received. However if thearrangements of a short term
instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business
terms or financed at a rate of interest that is not a market rate or in case of an out right short term loan not at market
rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a
market rate of interest for a similar debt instrument and subsequently at amortised cost.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for
objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in
the Statement of comprehensive income.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an
asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective
interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is
the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between
an asset's carrying amount and best estimate, which is an approximation of the amount that the Company would
receive for the asset if it were to be sold at the reporting date.

Financial assets and liabilities are offset and the net amount reported in the Statement of financial position when
there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to
realise the asset and settle the liability simultaneously.

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.

Bar Code Data Limited (Registered number: 02463305)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2018

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2017 - 19 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 March 2017 261,998 182,963 22,499 467,460
Additions 130 17,122 - 17,252
At 28 February 2018 262,128 200,085 22,499 484,712
DEPRECIATION
At 1 March 2017 177,294 127,654 15,523 320,471
Charge for year 16,967 10,865 1,744 29,576
At 28 February 2018 194,261 138,519 17,267 350,047
NET BOOK VALUE
At 28 February 2018 67,867 61,566 5,232 134,665
At 28 February 2017 84,704 55,309 6,976 146,989

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.18 28.2.17
£    £   
Trade debtors 579,380 392,634
Directors' current accounts 9,353 -
Prepayments 12,342 6,284
601,075 398,918

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.18 28.2.17
£    £   
Trade creditors 336,997 242,585
Tax 64,914 39,698
Social security and other taxes 5,909 4,284
VAT 76,694 44,227
Directors' current accounts - 28,369
Accrued expenses 55,111 44,050
539,625 403,213

Bar Code Data Limited (Registered number: 02463305)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2018

8. PROVISIONS FOR LIABILITIES
28.2.18 28.2.17
£    £   
Deferred tax 25,587 29,398

Deferred
tax
£   
Balance at 1 March 2017 29,398
Other timing differences (3,811 )
Balance at 28 February 2018 25,587

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2018 and
28 February 2017:

28.2.18 28.2.17
£    £   
P W Ralph
Balance outstanding at start of year - 2,635
Amounts advanced 6,798 -
Amounts repaid - (2,635 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 6,798 -

I Fearns
Balance outstanding at start of year - -
Amounts advanced 117 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 117 -

R I Young
Balance outstanding at start of year - 1,109
Amounts advanced 2,437 -
Amounts repaid - (1,109 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 2,437 -

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Bar Code Data Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a
Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the
Directors' Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial
statements of Bar Code Data Limited for the year ended 28 February 2018 which comprise the Statement of Income and
Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and
explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Bar Code Data Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bar Code Data Limited and state those matters that we have agreed to state to the Board of Directors of Bar Code Data Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bar Code Data Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Bar Code Data 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 profit of Bar Code Data Limited. You consider that Bar Code Data Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Bar Code Data Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Lomas and Company Accountants Limited
Bridge House
12 Market Street
Glossop
Derbyshire
SK13 8AR


9 November 2018