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REGISTERED NUMBER: 04883464 (England and Wales)










Financial Statements

for the Year Ended 30 September 2021

for

Barair Systems Limited

Barair Systems Limited (Registered number: 04883464)






Contents of the Financial Statements
for the Year Ended 30 September 2021




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


Barair Systems Limited

Company Information
for the Year Ended 30 September 2021







DIRECTOR: Mr A Lowes





SECRETARY: Dr B Lowes





REGISTERED OFFICE: 8 John Street
Thornton
Bradford
West Yorkshire
BD13 3JS





REGISTERED NUMBER: 04883464 (England and Wales)





ACCOUNTANTS: SKS Bailey Group Limited
19 The Grove
Ilkley
LS29 9LS

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Barair Systems Limited

The following reproduces the text of the report prepared for the director 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 Report of the Director 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 Barair Systems Limited for the year ended 30 September 2021 which comprise the Income Statement, 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 director of Barair Systems Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Barair Systems Limited and state those matters that we have agreed to state to the director of Barair Systems Limited 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 Barair Systems Limited and its director for our work or for this report.

It is your duty to ensure that Barair Systems 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 Barair Systems Limited. You consider that Barair Systems 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 Barair Systems 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.






SKS Bailey Group Limited
19 The Grove
Ilkley
LS29 9LS


15 July 2022

Barair Systems Limited (Registered number: 04883464)

Balance Sheet
30 September 2021

2021 2020
Notes £    £   
FIXED ASSETS
Tangible assets 4 4,115 10,250

CURRENT ASSETS
Debtors 5 1,422 1,682
Cash at bank 11,279 1,012
12,701 2,694
CREDITORS
Amounts falling due within one year 6 (24,872 ) (4,128 )
NET CURRENT LIABILITIES (12,171 ) (1,434 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(8,056

)

8,816

PROVISIONS FOR LIABILITIES 7 - (1,948 )
NET (LIABILITIES)/ASSETS (8,056 ) 6,868

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 (8,156 ) 6,768
SHAREHOLDERS' FUNDS (8,056 ) 6,868

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 July 2022 and were signed by:




Mr A Lowes - Director


Barair Systems Limited (Registered number: 04883464)

Notes to the Financial Statements
for the Year Ended 30 September 2021

1. STATUTORY INFORMATION

Barair Systems 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.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 20% on reducing balance
Computer equipment - 25% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 October 2020 8,870 5,392 36,164 50,426
Additions - - 2,028 2,028
At 30 September 2021 8,870 5,392 38,192 52,454
DEPRECIATION
At 1 October 2020 7,198 4,305 28,673 40,176
Charge for year 335 217 7,611 8,163
At 30 September 2021 7,533 4,522 36,284 48,339
NET BOOK VALUE
At 30 September 2021 1,337 870 1,908 4,115
At 30 September 2020 1,672 1,087 7,491 10,250

Barair Systems Limited (Registered number: 04883464)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2021

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
VAT 1,422 1,682

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade creditors 33 2,310
Director's current account 24,154 463
Accrued expenses 685 1,355
24,872 4,128

7. PROVISIONS FOR LIABILITIES
2021 2020
£    £   
Deferred tax - 1,948

Deferred
tax
£   
Balance at 1 October 2020 1,948
Provided during year (1,948 )
Balance at 30 September 2021 -

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2021 2020
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 October 2020 6,768
Deficit for the year (14,924 )
At 30 September 2021 (8,156 )