Company Registration No. 04964989 (England and Wales)
BarrNorwood Limited
Unaudited accounts
for the year ended 30 November 2021
BarrNorwood Limited
Unaudited accounts
Contents
BarrNorwood Limited
Company Information
for the year ended 30 November 2021
Directors
C D Barr
J C Norwood
Company Number
04964989 (England and Wales)
Registered Office
55 Valley Road
Henley-On-Thames
Oxfordshore
RG9 1RL
Accountants
Newnham & Son Ltd
School Master's House
39 College Street
Petersfield
Hampshire
GU31 4AG
BarrNorwood Limited
Statement of financial position
as at 30 November 2021
Tangible assets
247,310
500,000
Cash at bank and in hand
176,162
1,124
Creditors: amounts falling due within one year
(99,545)
(96,433)
Net current assets/(liabilities)
78,167
(93,759)
Total assets less current liabilities
325,477
406,241
Creditors: amounts falling due after more than one year
(45,979)
(117,581)
Net assets
279,498
288,660
Called up share capital
100
100
Revaluation reserve
107,120
208,248
Profit and loss account
172,278
80,312
Shareholders' funds
279,498
288,660
For the year ending 30 November 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 August 2021 and were signed on its behalf by
J C Norwood
Director
Company Registration No. 04964989
BarrNorwood Limited
Notes to the Accounts
for the year ended 30 November 2021
BarrNorwood Limited is a private company, limited by shares, registered in England and Wales, registration number 04964989. The registered office is 55 Valley Road, Henley-On-Thames, Oxfordshore, RG9 1RL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2020
500,000
2,267
502,267
Disposals
(253,000)
-
(253,000)
At 30 November 2021
247,000
2,681
249,681
At 1 December 2020
-
2,267
2,267
Charge for the year
-
104
104
At 30 November 2021
-
2,371
2,371
At 30 November 2021
247,000
310
247,310
At 30 November 2020
500,000
-
500,000
5
Debtors: amounts falling due within one year
2021
2020
BarrNorwood Limited
Notes to the Accounts
for the year ended 30 November 2021
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
7,314
13,186
Taxes and social security
7,214
2,734
Other creditors
1,550
1,550
Loans from directors
81,403
78,603
7
Creditors: amounts falling due after more than one year
2021
2020
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).