Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-30No description of principal activityfalse2022-07-0144truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 00134427 2022-07-01 2023-06-30 00134427 2021-07-01 2022-06-30 00134427 2023-06-30 00134427 2022-06-30 00134427 c:Director1 2022-07-01 2023-06-30 00134427 d:CurrentFinancialInstruments 2023-06-30 00134427 d:CurrentFinancialInstruments 2022-06-30 00134427 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 00134427 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 00134427 d:ShareCapital 2023-06-30 00134427 d:ShareCapital 2022-06-30 00134427 d:CapitalRedemptionReserve 2023-06-30 00134427 d:CapitalRedemptionReserve 2022-06-30 00134427 d:RetainedEarningsAccumulatedLosses 2023-06-30 00134427 d:RetainedEarningsAccumulatedLosses 2022-06-30 00134427 c:OrdinaryShareClass1 2022-07-01 2023-06-30 00134427 c:OrdinaryShareClass1 2023-06-30 00134427 c:OrdinaryShareClass1 2022-06-30 00134427 c:FRS102 2022-07-01 2023-06-30 00134427 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 00134427 c:FullAccounts 2022-07-01 2023-06-30 00134427 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 00134427 2 2022-07-01 2023-06-30 00134427 6 2022-07-01 2023-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 00134427










BARNBETH HOLDINGS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023



 
BARNBETH HOLDINGS LIMITED
REGISTERED NUMBER: 00134427

BALANCE SHEET
AS AT 30 JUNE 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
4,221,800
4,221,800

  
4,221,800
4,221,800

Current assets
  

Debtors: amounts falling due within one year
 5 
288
-

Cash at bank and in hand
 6 
516
98,236

  
804
98,236

Creditors: amounts falling due within one year
 7 
(11,200)
(107,401)

Net current liabilities
  
 
 
(10,396)
 
 
(9,165)

Total assets less current liabilities
  
4,211,404
4,212,635

Net assets
  
4,211,404
4,212,635


Capital and reserves
  

Called up share capital 
 8 
2,423,854
2,423,854

Capital redemption reserve
  
10,000
10,000

Profit and loss account
  
1,777,550
1,778,781

  
4,211,404
4,212,635


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

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BARNBETH HOLDINGS LIMITED
REGISTERED NUMBER: 00134427

BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2023

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




P A Moodie
Director

Date: 6 October 2023

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
BARNBETH HOLDINGS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

Barnbeth Holdings Limited is a private company, limited by share capital and incorporated in England and Wales.
The company's registered office is Barn Cottage Church Lane, Brook, Godalming, England, GU8 5UQ

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.4

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.5

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.

 
2.6

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.

 
2.7

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.

Page 3

 
BARNBETH HOLDINGS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.8

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2022 - 4).


4.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 July 2022
4,221,800



At 30 June 2023
4,221,800


5.


Debtors

2023
2022
£
£

Other debtors
288
-

288
-



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
516
98,236


Page 4

 
BARNBETH HOLDINGS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
-
106,381

Other creditors
10,000
-

Accruals and deferred income
1,200
1,020

11,200
107,401



8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



2,423,854 (2022 - 2,423,854) Ordinary shares of £1 each
2,423,854
2,423,854



9.


Related party transactions

Included in creditors is a balance of £10,000 (2022: £nil) owed to M2M Assets Limited. M2M Assets Limited is a related party as P A Moodie is a director of M2M Assets Limited and a director and shareholder of Barnbeth Holdings Limited.


10.


Controlling party

The company is controlled by P A and K M Moodie, by virtue of their majority shareholdings.


Page 5