Company Registration No. 12784354 (England and Wales)
Bar Spot Ltd
Unaudited accounts
for the year ended 31 March 2023
Bar Spot Ltd
Unaudited accounts
Contents
Bar Spot Ltd
Company Information
for the year ended 31 March 2023
Company Number
12784354 (England and Wales)
Registered Office
39 Edgemond Avenue
Birmingham
B24 0QG
United Kingdom
Accountants
ONAF Limited
27 Tilton Drive
Oadby
LE2 5WW
Bar Spot Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
42,733
50,186
Cash at bank and in hand
7,098
7,046
Creditors: amounts falling due within one year
(61,586)
(73,440)
Net current liabilities
(40,934)
(52,025)
Total assets less current liabilities
1,799
(1,839)
Creditors: amounts falling due after more than one year
(6,488)
(15,482)
Net liabilities
(4,689)
(17,321)
Called up share capital
(1)
(1)
Profit and loss account
(4,688)
(17,320)
Shareholders' funds
(4,689)
(17,321)
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 28 March 2024 and were signed on its behalf by
Samuel Britton
Director
Company Registration No. 12784354
Bar Spot Ltd
Notes to the Accounts
for the year ended 31 March 2023
Bar Spot Ltd is a private company, limited by shares, registered in England and Wales, registration number 12784354. The registered office is 39 Edgemond Avenue, Birmingham, B24 0QG, United Kingdom.
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:
Plant & machinery
15% Reducing balance
Motor vehicles
15% Reducing balance
Computer equipment
25% Reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
3,202
51,575
986
55,763
At 31 March 2023
3,202
51,575
986
55,763
At 1 April 2022
428
4,810
339
5,577
Charge for the year
277
7,014
162
7,453
At 31 March 2023
705
11,824
501
13,030
At 31 March 2023
2,497
39,751
485
42,733
At 31 March 2022
2,774
46,765
647
50,186
Bar Spot Ltd
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
13,554
2,718
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
46,593
46,822
Loans from directors
14,244
17,768
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).