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REGISTERED NUMBER: 10862116 (England and Wales)


Barem Limited

Abridged Unaudited Financial Statements

for the Period 12 July 2017 to 31 March 2018






Barem Limited (Registered number: 10862116)






Contents of the Financial Statements
for the period 12 July 2017 to 31 March 2018




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


Barem Limited

Company Information
for the period 12 July 2017 to 31 March 2018







DIRECTORS: Mr R B Dumanoglu
Mr T E Guraslan





SECRETARY:





REGISTERED OFFICE: 239-241 Kennington Lane
London
SE11 5QU





REGISTERED NUMBER: 10862116 (England and Wales)





ACCOUNTANTS: Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Barem 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 Statement of Financial Position. Readers are cautioned that the Abridged
Income Statement and certain other primary statements and the Report of the Directors 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 Barem Limited for the period ended 31 March 2018 which comprise the
Abridged Income Statement, Other Comprehensive Income, Statement of Financial Position, Statement of
Changes in Equity 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 Barem 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 Barem Limited and state those matters that we have agreed to state to the Board of Directors of Barem 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 Barem Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Barem 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 Barem Limited. You consider that Barem Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Barem 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.






Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU


6 November 2018

Barem Limited (Registered number: 10862116)

Statement of Financial Position
31 March 2018

Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 79,631

CURRENT ASSETS
Debtors 5 178,501
Cash at bank and in hand 65,779
244,280
CREDITORS
Amounts falling due within one year 6 96,995
NET CURRENT ASSETS 147,285
TOTAL ASSETS LESS CURRENT
LIABILITIES

226,916

CAPITAL AND RESERVES
Called up share capital 7 100
Share premium 8 266,667
Retained earnings 8 (39,851 )
SHAREHOLDERS' FUNDS 226,916

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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.

Barem Limited (Registered number: 10862116)

Statement of Financial Position - continued
31 March 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.

All the members have consented to the preparation of an abridged Income Statement for the period ended 31 March 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 6 November 2018 and were signed on
its behalf by:




Mr R B Dumanoglu - Director



Mr T E Guraslan - Director


Barem Limited (Registered number: 10862116)

Notes to the Financial Statements
for the period 12 July 2017 to 31 March 2018

1. STATUTORY INFORMATION

Barem 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. ACCOUNTING POLICIES

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - straight line over the life of the lease
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the period 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 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 period 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.

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.

Barem Limited (Registered number: 10862116)

Notes to the Financial Statements - continued
for the period 12 July 2017 to 31 March 2018

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Short Plant and and Computer
leasehold machinery fittings equipment Totals
£    £    £    £    £   
COST
Additions 26,888 55,775 12,825 2,215 97,703
At 31 March 2018 26,888 55,775 12,825 2,215 97,703
DEPRECIATION
Charge for period 368 13,944 3,206 554 18,072
At 31 March 2018 368 13,944 3,206 554 18,072
NET BOOK VALUE
At 31 March 2018 26,520 41,831 9,619 1,661 79,631

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Rent deposit 63,000
Payments on account 75,000
VAT 23,975
Prepayments 16,526
178,501

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 23,895
Bento London Ltd 72,500
Accrued expenses 600
96,995

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

Barem Limited (Registered number: 10862116)

Notes to the Financial Statements - continued
for the period 12 July 2017 to 31 March 2018

7. CALLED UP SHARE CAPITAL - continued

100 Ordinary shares of £1 each were allotted as fully paid at a premium of £2,666.67 per share during
the period.

8. RESERVES
Retained Share
earnings premium Totals
£    £    £   

Deficit for the period (39,851 ) (39,851 )
Cash share issue - 266,667 266,667
At 31 March 2018 (39,851 ) 266,667 226,816

9. RELATED PARTY DISCLOSURES

Included within other creditors are amounts due to a company, that was controlled by one of the
directors during the year, of £72,500 at balance sheet date. No interest was charged on the outstanding
balance. Expenses were paid by for on behalf of Barem Ltd by the company.