IRIS Accounts Production v23.3.1.45 03806469 Board of Directors 1.9.22 31.8.23 31.8.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh038064692022-08-31038064692023-08-31038064692022-09-012023-08-31038064692021-08-31038064692021-09-012022-08-31038064692022-08-3103806469ns10:Originalns15:EnglandWales2022-09-012023-08-3103806469ns14:PoundSterlingns10:Original2022-09-012023-08-3103806469ns10:Originalns10:Director12022-09-012023-08-3103806469ns10:Original2022-09-012023-08-3103806469ns10:Original2023-08-3103806469ns10:Originalns10:PrivateLimitedCompanyLtd2022-09-012023-08-3103806469ns10:Originalns10:SmallEntities2022-09-012023-08-3103806469ns10:Originalns10:AuditExempt-NoAccountantsReport2022-09-012023-08-3103806469ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-09-012023-08-3103806469ns10:SmallCompaniesRegimeForAccountsns10:Original2022-09-012023-08-3103806469ns10:Originalns10:FullAccounts2022-09-012023-08-3103806469ns10:Originalns10:Director22022-09-012023-08-3103806469ns10:CompanySecretary1ns10:Original2022-09-012023-08-3103806469ns10:Originalns10:RegisteredOffice2022-09-012023-08-3103806469ns10:Original2022-08-3103806469ns10:Originalns5:CurrentFinancialInstruments2023-08-3103806469ns10:Originalns5:CurrentFinancialInstruments2022-08-3103806469ns5:ShareCapitalns10:Original2023-08-3103806469ns5:ShareCapitalns10:Original2022-08-3103806469ns10:Originalns5:SharePremium2023-08-3103806469ns10:Originalns5:SharePremium2022-08-3103806469ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-08-3103806469ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-08-3103806469ns10:Originalns5:PlantMachinery2022-09-012023-08-3103806469ns10:Originalns5:FurnitureFittings2022-09-012023-08-3103806469ns10:Originalns5:MotorVehicles2022-09-012023-08-3103806469ns10:Originalns5:ComputerEquipment2022-09-012023-08-3103806469ns10:Original2021-09-012022-08-3103806469ns10:Originalns5:PlantMachinery2022-08-3103806469ns10:Originalns5:FurnitureFittings2022-08-3103806469ns10:Originalns5:MotorVehicles2022-08-3103806469ns10:Originalns5:ComputerEquipment2022-08-3103806469ns10:Original2022-08-3103806469ns10:Originalns5:PlantMachinery2023-08-3103806469ns10:Originalns5:FurnitureFittings2023-08-3103806469ns10:Originalns5:MotorVehicles2023-08-3103806469ns10:Originalns5:ComputerEquipment2023-08-3103806469ns10:Originalns5:PlantMachinery2022-08-3103806469ns10:Originalns5:FurnitureFittings2022-08-3103806469ns10:Originalns5:MotorVehicles2022-08-3103806469ns10:Originalns5:ComputerEquipment2022-08-3103806469ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-08-3103806469ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-08-3103806469ns10:Original1ns10:Director12022-08-3103806469ns10:Original1ns10:Director12021-08-3103806469ns10:Original1ns10:Director12022-09-012023-08-3103806469ns10:Original1ns10:Director12021-09-012022-08-3103806469ns10:Original1ns10:Director12023-08-3103806469ns10:Original1ns10:Director12022-08-31
REGISTERED NUMBER: 03806469 (England and Wales)















Financial Statements for the Year Ended 31 August 2023

for

Barlow and Company Limited

Barlow and Company Limited (Registered number: 03806469)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Barlow and Company Limited

Company Information
for the Year Ended 31 August 2023







DIRECTORS: Mr A Barlow
Mrs D Barlow





SECRETARY: Mr A Barlow





REGISTERED OFFICE: Unit D, Devon Suite
Dencora Business Centre
36 Whitehouse Road
Ipswich
Suffolk
IP1 5LT





REGISTERED NUMBER: 03806469 (England and Wales)





ACCOUNTANTS: RDP Accountants
Devon Suite
Dencora Business Centre
36 White House Road
Ipswich
Suffolk
IP1 5LT

Barlow and Company Limited (Registered number: 03806469)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,725 5,279

CURRENT ASSETS
Stocks 5 4,500 7,200
Debtors 6 11,074 12,562
Cash at bank and in hand 74,701 55,756
90,275 75,518
CREDITORS
Amounts falling due within one year 7 46,377 47,724
NET CURRENT ASSETS 43,898 27,794
TOTAL ASSETS LESS CURRENT
LIABILITIES

48,623

33,073

PROVISIONS FOR LIABILITIES 1,003 1,003
NET ASSETS 47,620 32,070

CAPITAL AND RESERVES
Called up share capital 100 100
Share premium 19,988 19,988
Retained earnings 27,532 11,982
SHAREHOLDERS' FUNDS 47,620 32,070

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 March 2024 and were signed on its behalf by:





Mr A Barlow - Director


Barlow and Company Limited (Registered number: 03806469)

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

1. STATUTORY INFORMATION

Barlow and Company 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 - 25% on reducing balance
Computer Equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 25% 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 Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

Barlow and Company Limited (Registered number: 03806469)

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

4. TANGIBLE FIXED ASSETS
Plant and Computer Motor Office
machinery Equipment vehicles equipment Totals
£    £    £    £    £   
COST
At 1 September 2022 36,517 6,961 18,470 12,152 74,100
Additions - 1,021 - - 1,021
At 31 August 2023 36,517 7,982 18,470 12,152 75,121
DEPRECIATION
At 1 September 2022 32,732 5,721 18,311 12,057 68,821
Charge for year 946 565 40 24 1,575
At 31 August 2023 33,678 6,286 18,351 12,081 70,396
NET BOOK VALUE
At 31 August 2023 2,839 1,696 119 71 4,725
At 31 August 2022 3,785 1,240 159 95 5,279

5. STOCKS
31.8.23 31.8.22
£    £   
Stocks 4,500 7,200

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 8,513 9,665
Prepayments 2,561 2,897
11,074 12,562

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade creditors - 1
Tax 32,390 22,532
Other creditors 193 441
VAT 7,424 17,805
Wages control account - 1,142
Directors' loan accounts 5,084 4,591
Accrued expenses 1,286 1,212
46,377 47,724

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2023 and 31 August 2022:

31.8.23 31.8.22
£    £   
Mr A Barlow
Balance outstanding at start of year (4,591 ) (4,071 )
Amounts advanced 27 -
Amounts repaid (520 ) (520 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (5,084 ) (4,591 )