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REGISTERED NUMBER: SC555109 (Scotland)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

BARRY GARDNER COMMUNICATIONS LIMITED

BARRY GARDNER COMMUNICATIONS LIMITED (REGISTERED NUMBER: SC555109)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BARRY GARDNER COMMUNICATIONS LIMITED

COMPANY INFORMATION
for the year ended 31 December 2023







DIRECTOR: B G Gardner





REGISTERED OFFICE: 59 Abbotshall Road
Kirkcaldy
Fife
KY2 5PH





REGISTERED NUMBER: SC555109 (Scotland)





ACCOUNTANTS: Haines Watts
Business Advisors and Accountants
Viewforth House
189 Nicol Street
Kirkcaldy
Fife
KY1 1PF

BARRY GARDNER COMMUNICATIONS LIMITED (REGISTERED NUMBER: SC555109)

BALANCE SHEET
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,043 1,925

CURRENT ASSETS
Debtors 5 15,301 16,199
Cash at bank 131,309 192,552
146,610 208,751
CREDITORS
Amounts falling due within one year 6 16,995 50,487
NET CURRENT ASSETS 129,615 158,264
TOTAL ASSETS LESS CURRENT
LIABILITIES

132,658

160,189

PROVISIONS FOR LIABILITIES 7 804 509
NET ASSETS 131,854 159,680

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 131,853 159,679
SHAREHOLDERS' FUNDS 131,854 159,680

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

BARRY GARDNER COMMUNICATIONS LIMITED (REGISTERED NUMBER: SC555109)

BALANCE SHEET - continued
31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 April 2024 and were signed by:





B G Gardner - Director


BARRY GARDNER COMMUNICATIONS LIMITED (REGISTERED NUMBER: SC555109)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2023

1. STATUTORY INFORMATION

Barry Gardner Communications Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents the value of communication consultancy services provided, excluding value added tax, during the year. Revenue is recognised in the year, in which, the services are rendered.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 15% per annum reducing balance
Computer equipment - 33% per annum reducing balance

Tangible fixed assets are reviewed annually for impairment.

FINANCIAL INSTRUMENTS
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in the case of an out-right short-term loan not at market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of comprehensive income.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract


BARRY GARDNER COMMUNICATIONS LIMITED (REGISTERED NUMBER: SC555109)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2023

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2023 633 7,074 7,707
Additions - 2,023 2,023
At 31 December 2023 633 9,097 9,730
DEPRECIATION
At 1 January 2023 392 5,390 5,782
Charge for year 36 869 905
At 31 December 2023 428 6,259 6,687
NET BOOK VALUE
At 31 December 2023 205 2,838 3,043
At 31 December 2022 241 1,684 1,925

BARRY GARDNER COMMUNICATIONS LIMITED (REGISTERED NUMBER: SC555109)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 16,154
Other debtors 15,301 45
15,301 16,199

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 14,635 39,317
Other creditors 2,360 11,170
16,995 50,487

7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 804 509

Deferred
tax
£   
Balance at 1 January 2023 509
Accelerated capital allowances 295
Balance at 31 December 2023 804

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2023 2022
£    £   
B G Gardner
Balance outstanding at start of year (8,715 ) (47,915 )
Amounts advanced 123,808 138,576
Amounts repaid (99,961 ) (99,376 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 15,132 (8,715 )

Interest of 2.00% has been charged where the loan exceeded £10,000 and there are no fixed terms of repayment.