1 October 2022 false No description of principal activity Taxfiler 2023.14 04013532business:PrivateLimitedCompanyLtd2022-10-012023-09-30 040135322022-09-30 040135322022-10-012023-09-30 04013532business:AuditExempt-NoAccountantsReport2022-10-012023-09-30 04013532business:FilletedAccounts2022-10-012023-09-30 040135322023-09-30 04013532business:Director12022-10-012023-09-30 04013532business:Director22022-10-012023-09-30 04013532business:CompanySecretary12022-10-012023-09-30 04013532business:RegisteredOffice2022-10-012023-09-30 040135322022-09-30 04013532core:WithinOneYear2023-09-30 04013532core:WithinOneYear2022-09-30 04013532core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 04013532core:ShareCapitalcore:PreviouslyStatedAmount2022-09-30 04013532core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 04013532core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-09-30 04013532core:PreviouslyStatedAmount2023-09-30 04013532core:PreviouslyStatedAmount2022-09-30 04013532business:SmallEntities2022-10-012023-09-30 04013532countries:EnglandWales2022-10-012023-09-30 04013532core:FurnitureFittings2022-10-012023-09-30 04013532core:FurnitureFittings2022-09-30 04013532core:FurnitureFittings2023-09-30 040135322021-10-012022-09-30 iso4217:GBP xbrli:pure
Company Registration No. 04013532 (England and Wales)
Barnett Ravenscroft Financial Services Limited Unaudited accounts for the year ended 30 September 2023
Barnett Ravenscroft Financial Services Limited Unaudited accounts Contents
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Barnett Ravenscroft Financial Services Limited Company Information for the year ended 30 September 2023
Directors
R J Wood R H D Gold
Secretary
W Langhof-Gold
Company Number
04013532 (England and Wales)
Registered Office
13 Portland Road Edgbaston Birmingham West Midlands B16 9HN
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Barnett Ravenscroft Financial Services Limited Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
26,672 
36,460 
Current assets
Debtors
220,448 
241,171 
Cash at bank and in hand
971,349 
770,383 
1,191,797 
1,011,554 
Creditors: amounts falling due within one year
(271,836)
(257,472)
Net current assets
919,961 
754,082 
Total assets less current liabilities
946,633 
790,542 
Provisions for liabilities
Deferred tax
(7,000)
(9,100)
Net assets
939,633 
781,442 
Capital and reserves
Called up share capital
12,000 
12,000 
Profit and loss account
927,633 
769,442 
Shareholders' funds
939,633 
781,442 
For the year ending 30 September 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 directors acknowledge their 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 of Directors and authorised for issue on 9 January 2024 and were signed on its behalf by
R J Wood Director Company Registration No. 04013532
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Barnett Ravenscroft Financial Services Limited Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
Barnett Ravenscroft Financial Services Limited is a private company, limited by shares, registered in England and Wales, registration number 04013532. The registered office is 13 Portland Road, Edgbaston , Birmingham, West Midlands, B16 9HN.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and rebates. Turnover from the sale of goods and services are recognised when they have been delivered to customers such that the rewards of ownership have transferred to them.
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:
Fixtures & fittings
25% reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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Barnett Ravenscroft Financial Services Limited Notes to the Accounts for the year ended 30 September 2023
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 October 2022
137,361 
Additions
1,367 
At 30 September 2023
138,728 
Depreciation
At 1 October 2022
100,901 
Charge for the year
11,155 
At 30 September 2023
112,056 
Net book value
At 30 September 2023
26,672 
At 30 September 2022
36,460 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
145,412 
130,584 
Other debtors
75,036 
110,587 
220,448 
241,171 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
7,854 
7,421 
Taxes and social security
223,766 
214,160 
Other creditors
367 
319 
Accruals
39,849 
35,572 
271,836 
257,472 
7
Average number of employees
During the year the average number of employees was 5 (2022: 5).
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