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REGISTERED NUMBER: 02646610 (England and Wales)






























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

BARKBY KNIVES LIMITED

BARKBY KNIVES LIMITED (REGISTERED NUMBER: 02646610)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BARKBY KNIVES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: Mr S Spong
Mrs AT Spong





SECRETARY: Mrs AT Spong





REGISTERED OFFICE: 41 Cannock Street
Leicester
LE4 9JR





REGISTERED NUMBER: 02646610 (England and Wales)

BARKBY KNIVES LIMITED (REGISTERED NUMBER: 02646610)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 18,509 21,775
18,509 21,775

CURRENT ASSETS
Stocks 6 7,800 7,800
Debtors 7 181,941 194,760
Cash at bank 126,314 163,425
316,055 365,985
CREDITORS
Amounts falling due within one year 8 18,959 21,475
NET CURRENT ASSETS 297,096 344,510
TOTAL ASSETS LESS CURRENT
LIABILITIES

315,605

366,285

PROVISIONS FOR LIABILITIES 3,517 4,076
NET ASSETS 312,088 362,209

CAPITAL AND RESERVES
Called up share capital 10 10,000 10,000
Retained earnings 11 302,088 352,209
SHAREHOLDERS' FUNDS 312,088 362,209

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

BARKBY KNIVES LIMITED (REGISTERED NUMBER: 02646610)

BALANCE SHEET - continued
31 OCTOBER 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 March 2024 and were signed on its behalf by:




Mr S Spong - Director



Mrs AT Spong - Director


BARKBY KNIVES LIMITED (REGISTERED NUMBER: 02646610)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023


1. STATUTORY INFORMATION

Barkby Knives 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.

The financial statements are presented in Sterling (£).

Turnover
Revenue comprises the fair value for the sale of goods excluding value added taxes and represents net invoice value less estimated rebates, returns and settlement discounts. In all cases revenue is recognised when the risks and rewards of ownership are transferred and this is defined to be on receipt of the goods.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business has been fully amortised in a previous accounting period.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 10% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% 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.

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.

Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

BARKBY KNIVES LIMITED (REGISTERED NUMBER: 02646610)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2022
and 31 October 2023 1
AMORTISATION
At 1 November 2022
and 31 October 2023 1
NET BOOK VALUE
At 31 October 2023 -
At 31 October 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings Totals
£    £    £    £   
COST
At 1 November 2022
and 31 October 2023 1,140 91,307 541 92,988
DEPRECIATION
At 1 November 2022 1,140 69,537 536 71,213
Charge for year - 3,265 1 3,266
At 31 October 2023 1,140 72,802 537 74,479
NET BOOK VALUE
At 31 October 2023 - 18,505 4 18,509
At 31 October 2022 - 21,770 5 21,775

6. STOCKS
2023 2022
£    £   
Stocks 7,800 7,800

BARKBY KNIVES LIMITED (REGISTERED NUMBER: 02646610)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 82,228 92,486
Amounts owed by group undertakings 99,713 102,274
181,941 194,760

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 2,473
Trade creditors 11,628 10,958
Taxation and social security 5,131 5,844
Other creditors 2,200 2,200
18,959 21,475

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans - 2,473

The bank loan is secured by way of a fixed and floating charge covering all of the property or undertaking of the company.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
10,000 Ordinary £1 10,000 10,000

11. RESERVES
Retained
earnings
£   

At 1 November 2022 352,209
Deficit for the year (50,121 )
At 31 October 2023 302,088