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REGISTERED NUMBER: 05624523 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Barley Park Limited

Barley Park Limited (Registered number: 05624523)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Barley Park Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: R E Fox
A Spratley





SECRETARY: R E Fox





REGISTERED OFFICE: Stage Hotel
16 Market Place
Market Deeping
Peterborough
Cambridgeshire
PE6 8EA





REGISTERED NUMBER: 05624523 (England and Wales)





ACCOUNTANTS: JDB Chartered Certified Accountants
10a
High Street
Market Deeping
Peterborough
Lincolnshire
PE6 8EB

Barley Park Limited (Registered number: 05624523)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 179,037 191,428

CURRENT ASSETS
Stocks 9,784 9,784
Debtors 5 187,141 195,794
Prepayments and accrued income 348 348
Cash at bank and in hand 274,864 121,506
472,137 327,432
CREDITORS
Amounts falling due within one year 6 212,749 242,327
NET CURRENT ASSETS 259,388 85,105
TOTAL ASSETS LESS CURRENT
LIABILITIES

438,425

276,533

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 438,325 276,433
SHAREHOLDERS' FUNDS 438,425 276,533

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 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.

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 Board of Directors and authorised for issue on 6 November 2023 and were signed on its behalf by:




R E Fox - Director



A Spratley - Director


Barley Park Limited (Registered number: 05624523)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Barley Park 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 etc - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2022 - 20 ) .

Barley Park Limited (Registered number: 05624523)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2022 38,200 415,396 453,596
Additions - 461 461
At 31 March 2023 38,200 415,857 454,057
DEPRECIATION
At 1 April 2022 24,922 237,246 262,168
Charge for year 1,661 11,191 12,852
At 31 March 2023 26,583 248,437 275,020
NET BOOK VALUE
At 31 March 2023 11,617 167,420 179,037
At 31 March 2022 13,278 178,150 191,428

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by associates 84,995 88,650
Other debtors 102,146 107,144
187,141 195,794

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 31,099 41,203
Trade creditors 25,009 15,237
Taxation and social security 96,300 114,570
Other creditors 60,341 71,317
212,749 242,327

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the company loaned monies on a short term basis to the Directors. This amounted to £86,214.