PROFESSOR DAVID BARRETT LTD

Company Registration Number:
05872115 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 November 2022

End date: 30 June 2023

PROFESSOR DAVID BARRETT LTD

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Notes

PROFESSOR DAVID BARRETT LTD

Balance sheet

As at 30 June 2023


Notes

8 months to 30 June 2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 1,539,395 1,847,154
Tangible assets: 4 1,554,989 1,557,248
Investments: 5 3,404,787 3,404,787
Total fixed assets: 6,499,171 6,809,189
Current assets
Debtors:   51,222 73,020
Cash at bank and in hand: 2,918,548 2,044,503
Total current assets: 2,969,770 2,117,523
Creditors: amounts falling due within one year: 6 (139,252) (54,376)
Net current assets (liabilities): 2,830,518 2,063,147
Total assets less current liabilities: 9,329,689 8,872,336
Total net assets (liabilities): 9,329,689 8,872,336
Capital and reserves
Called up share capital: 11 11
Other reserves: 8,872,325 8,213,248
Profit and loss account: 457,353 659,077
Shareholders funds: 9,329,689 8,872,336

The notes form part of these financial statements

PROFESSOR DAVID BARRETT LTD

Balance sheet statements

For the year ending 30 June 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 February 2024
and signed on behalf of the board by:

Name: Professor David Barrett
Status: Director

The notes form part of these financial statements

PROFESSOR DAVID BARRETT LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PROFESSOR DAVID BARRETT LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

2. Employees

8 months to 30 June 2023 2022
Average number of employees during the period 3 3

PROFESSOR DAVID BARRETT LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Intangible Assets

Total
Cost £
At 01 November 2022 4,617,735
At 30 June 2023 4,617,735
Amortisation
At 01 November 2022 2,770,581
Charge for year 307,759
At 30 June 2023 3,078,340
Net book value
At 30 June 2023 1,539,395
At 31 October 2022 1,847,154

PROFESSOR DAVID BARRETT LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Tangible Assets

Total
Cost £
At 01 November 2022 1,557,248
At 30 June 2023 1,557,248
Depreciation
At 01 November 2022 0
Charge for year 2,259
At 30 June 2023 2,259
Net book value
At 30 June 2023 1,554,989
At 31 October 2022 1,557,248

PROFESSOR DAVID BARRETT LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Fixed investments

Fixed Asset Equipment fully written off.Property not depreciated s current value is more tan costs.

PROFESSOR DAVID BARRETT LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

6. Creditors: amounts falling due within one year note

Corporation Tax £135,000Fees 4,000Trade 252Total £139, 252

PROFESSOR DAVID BARRETT LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

7. Changes in presentation and prior period adjustments

Accounts now prepared to 30th June going forward from 8 months ended 30th June 2023.

PROFESSOR DAVID BARRETT LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

8. Related party transactions

London Flat used partly for business, partly private-latter paying commercial rate rental became occupied in current accounting period.