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REGISTERED NUMBER: 07568974 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

BARVAE HOLDINGS LIMITED

BARVAE HOLDINGS LIMITED (REGISTERED NUMBER: 07568974)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BARVAE HOLDINGS LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2023







DIRECTOR: D M Coleman





REGISTERED OFFICE: Routec (GB) Ltd
Borwick Drive
Grovehill Road
Beverley
East Yorkshire
HU17 0HQ





REGISTERED NUMBER: 07568974 (England and Wales)





ACCOUNTANTS: Sowerby
Chartered Accountants
Beckside Court
Annie Reed Road
Beverley
East Yorkshire
HU17 0LF

BARVAE HOLDINGS LIMITED (REGISTERED NUMBER: 07568974)

BALANCE SHEET
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 75,620 75,620

CURRENT ASSETS
Debtors 5 201,142 151,142
Cash at bank 26,698 86,240
227,840 237,382
CREDITORS
Amounts falling due within one year 6 295,378 313,318
NET CURRENT LIABILITIES (67,538 ) (75,936 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,082

(316

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7,982 (416 )
SHAREHOLDERS' FUNDS 8,082 (316 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

BARVAE HOLDINGS LIMITED (REGISTERED NUMBER: 07568974)

BALANCE SHEET - continued
31 March 2023


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 5 October 2023 and were signed by:





D M Coleman - Director


BARVAE HOLDINGS LIMITED (REGISTERED NUMBER: 07568974)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023


1. STATUTORY INFORMATION

Barvae Holdings Limited is a private company, limited by shares, incorporated and domiciled in England and has its registered office and principal place of business at Borwick Drive, Grovehill Road, Beverley, East Yorkshire.

The principal activity of the company is that of a non-trading holding company.

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.

Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2022
and 31 March 2023 75,620
NET BOOK VALUE
At 31 March 2023 75,620
At 31 March 2022 75,620

BARVAE HOLDINGS LIMITED (REGISTERED NUMBER: 07568974)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023


4. FIXED ASSET INVESTMENTS - continued

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Routec (GB) Limited
Registered office: Borwick Drive, Grovehill, Beverley, East Yorkshire, HU17 0HQ.
Nature of business: Manufacture and sale of furniture.
%
Class of shares: holding
Ordinary 100.00

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 200,000 150,000
Directors' current accounts 1,142 1,142
201,142 151,142

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 293,999 311,999
Accrued expenses 1,379 1,319
295,378 313,318

7. RELATED PARTY DISCLOSURES

At the year end the director, DM Coleman owed the company £1,143 (2022: £1,143).

This balance is interest free and repayable on demand.