Company Registration No. 11264728 (England and Wales)
Barnish Enterprises Ltd
Unaudited accounts
for the year ended 28 February 2023
Barnish Enterprises Ltd
Unaudited accounts
Contents
Barnish Enterprises Ltd
Company Information
for the year ended 28 February 2023
Director
Dr Michael John Abraham Barnish
Company Number
11264728 (England and Wales)
Registered Office
303 Norbreck Rd
Thornton-Cleveleys
FY5 1PB
England
Barnish Enterprises Ltd
Statement of financial position
as at 28 February 2023
Cash at bank and in hand
1,040
1,674
Creditors: amounts falling due within one year
(2,060)
(2,521)
Net current liabilities
(94)
(169)
Total assets less current liabilities
146
250
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
5
79
Shareholders' funds
105
179
For the year ending 28 February 2023 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 director acknowledges his 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 and authorised for issue on 18 November 2023 and were signed on its behalf by
Dr Michael John Abraham Barnish
Director
Company Registration No. 11264728
Barnish Enterprises Ltd
Notes to the Accounts
for the year ended 28 February 2023
Barnish Enterprises Ltd is a private company, limited by shares, registered in England and Wales, registration number 11264728. The registered office is 303 Norbreck Rd, Thornton-Cleveleys, FY5 1PB, England.
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:
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Barnish Enterprises Ltd
Notes to the Accounts
for the year ended 28 February 2023
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Accrued income and prepayments
18
-
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
322
1,153
Loans from directors
1,120
184
Allotted, called up and fully paid:
75 Ordinary A shares of £1 each
75
75
25 Ordinary B shares of £1 each
25
25
8
Transactions with related parties
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.
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).