Barclay Hamilton Freehold Ltd 12615537 false 2022-06-01 2023-05-31 2023-05-31 The principal activity of the company is property investment. Digita Accounts Production Advanced 6.30.9574.0 true false true 12615537 2022-06-01 2023-05-31 12615537 2023-05-31 12615537 core:ShareCapital 2023-05-31 12615537 core:CurrentFinancialInstruments 2023-05-31 12615537 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 12615537 bus:SmallEntities 2022-06-01 2023-05-31 12615537 bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 12615537 bus:FullAccounts 2022-06-01 2023-05-31 12615537 bus:SmallCompaniesRegimeForAccounts 2022-06-01 2023-05-31 12615537 bus:RegisteredOffice 2022-06-01 2023-05-31 12615537 bus:Director1 2022-06-01 2023-05-31 12615537 bus:Director2 2022-06-01 2023-05-31 12615537 bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 12615537 bus:Agent1 2022-06-01 2023-05-31 12615537 1 2022-06-01 2023-05-31 12615537 countries:England 2022-06-01 2023-05-31 12615537 2022-05-31 12615537 2021-06-01 2022-05-31 12615537 2022-05-31 12615537 core:ShareCapital 2022-05-31 12615537 core:CurrentFinancialInstruments 2022-05-31 12615537 core:CurrentFinancialInstruments core:WithinOneYear 2022-05-31 iso4217:GBP xbrli:pure

Registration number: 12615537

Barclay Hamilton Freehold Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 May 2023

 

Barclay Hamilton Freehold Ltd

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3

Notes to the Unaudited Financial Statements

4 to 6

 

Barclay Hamilton Freehold Ltd

Company Information

Directors

Mr R H Barclay

Mrs C J J Barclay

Registered office

Ground Floor, Seneca House
Links Point, Amy Johnson Way
Blackpool
Lancashire
FY4 2FF

Accountants

Crossley & Davis Chartered Accountants
Ground Floor Seneca House
Links Point
Amy Johnson Way
Blackpool
FY4 2FF

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Barclay Hamilton Freehold Ltd
for the Year Ended 31 May 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Barclay Hamilton Freehold Ltd for the year ended 31 May 2023 as set out on pages 3 to 6 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Barclay Hamilton Freehold Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Barclay Hamilton Freehold Ltd and state those matters that we have agreed to state to the Board of Directors of Barclay Hamilton Freehold Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Barclay Hamilton Freehold Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Barclay Hamilton Freehold Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and results of Barclay Hamilton Freehold Ltd. You consider that Barclay Hamilton Freehold Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Barclay Hamilton Freehold Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Crossley & Davis Chartered Accountants
Ground Floor Seneca House
Links Point
Amy Johnson Way
Blackpool
FY4 2FF

7 February 2024

 

Barclay Hamilton Freehold Ltd

(Registration number: 12615537)
Balance Sheet as at 31 May 2023

Note

2023
£

2022
£

Fixed assets

 

Investment property

4

450

450

Current assets

 

Debtors

5

550

250

Creditors: Amounts falling due within one year

6

(900)

(600)

Net current liabilities

 

(350)

(350)

Net assets

 

100

100

Capital and reserves

 

Called up share capital

100

100

Shareholders' funds

 

100

100

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 7 February 2024 and signed on its behalf by:
 

.........................................
Mr R H Barclay
Director

 

Barclay Hamilton Freehold Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Ground Floor, Seneca House
Links Point, Amy Johnson Way
Blackpool
Lancashire
FY4 2FF
England

These financial statements were authorised for issue by the Board on 7 February 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

 

Barclay Hamilton Freehold Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2023

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

4

Investment properties

2023
£

At 1 June

450

At 31 May

450

There has been no valuation of investment property by an independent valuer.

5

Debtors

Current

Note

2023
£

2022
£

Amounts owed by related parties

550

250

   

550

250

 

Barclay Hamilton Freehold Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2023

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Accruals and deferred income

900

600

Charge on Barclay Hamilton Freehold Ltd created on the 5th August 2020 in favour of Paratus AMC Ltd.

7

Parent and ultimate parent undertaking

Barclay Hamilton Freehold Limited is a wholly owned subsiduary company of Barclay Hamilton Limited.

 The company's immediate parent is Barclay Hamilton Ltd, incorporated in England.