Company Registration No. 13389447 (England and Wales)
Bars Incorporated Limited
Unaudited accounts
for the year ended 31 May 2023
Bars Incorporated Limited
Unaudited accounts
Contents
Bars Incorporated Limited
Company Information
for the year ended 31 May 2023
Directors
Stephen Davies
Stephanie Davies
Company Number
13389447 (England and Wales)
Registered Office
Unit 24 Woodacre Farm
Warrington Road
Lymm
WA13 9BT
England
Accountants
7PDS Accountancy Services Limited
20 Maiden Close
Skelmersdale
Skelmersdale
LANCASHIRE
WN8 8JL
Bars Incorporated Limited
Statement of financial position
as at 31 May 2023
Cash at bank and in hand
23,397
-
Creditors: amounts falling due within one year
(80,641)
-
Net current liabilities
(48,664)
-
Profit and loss account
(10,178)
-
Shareholders' funds
(10,178)
-
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 1 February 2024 and were signed on its behalf by
Stephen Davies
Director
Company Registration No. 13389447
Bars Incorporated Limited
Notes to the Accounts
for the year ended 31 May 2023
Bars Incorporated Limited is a private company, limited by shares, registered in England and Wales, registration number 13389447. The registered office is Unit 24 Woodacre Farm, Warrington Road, Lymm, WA13 9BT, 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:
Other tangible fixed assets
20%
4
Tangible fixed assets
Plant & machinery
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,714
-
Loans from directors
73,860
-
Bars Incorporated Limited
Notes to the Accounts
for the year ended 31 May 2023
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).