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REGISTERED NUMBER: 00351161 (England and Wales)
















Unaudited Financial Statements

for the Year Ended 31st January 2024

for

C.W. Barsley & Son Limited

C.W. Barsley & Son Limited (Registered number: 00351161)

Contents of the Financial Statements
for the Year Ended 31st January 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


C.W. Barsley & Son Limited

Company Information
for the Year Ended 31st January 2024







DIRECTORS: R D Barsley
A E Nurden





REGISTERED OFFICE: 16 Commercial Road
Paddock Wood
TONBRIDGE
Kent
TN12 6EJ





REGISTERED NUMBER: 00351161 (England and Wales)





ACCOUNTANTS: Blain Pritchard
Chartered Certified Accountants
74 College Road
Maidstone
Kent
ME15 6SL

C.W. Barsley & Son Limited (Registered number: 00351161)

Balance Sheet
31st January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 838,925 841,355

CURRENT ASSETS
Stocks 327,253 325,817
Debtors 5 12,040 36,895
Cash at bank and in hand 374,376 493,543
713,669 856,255
CREDITORS
Amounts falling due within one year 6 494,872 623,473
NET CURRENT ASSETS 218,797 232,782
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,057,722

1,074,137

PROVISIONS FOR LIABILITIES 10,850 11,906
NET ASSETS 1,046,872 1,062,231

CAPITAL AND RESERVES
Called up share capital 5,025 5,025
Capital redemption reserve 4,975 4,975
Retained earnings 1,036,872 1,052,231
SHAREHOLDERS' FUNDS 1,046,872 1,062,231

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2024 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.

C.W. Barsley & Son Limited (Registered number: 00351161)

Balance Sheet - continued
31st January 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7th March 2024 and were signed on its behalf by:




R D Barsley - Director



A E Nurden - Director


C.W. Barsley & Son Limited (Registered number: 00351161)

Notes to the Financial Statements
for the Year Ended 31st January 2024


1. STATUTORY INFORMATION

C.W. Barsley & Son 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets


Depreciation is provided at 0% on freehold property and improvements in order to write of their cost to residual value over their useful economic lives. In the opinion of the directors, the residual values of these assets is sufficiently high and the useful economic lives sufficiently long that any depreciation charge is not material.

Stocks
Stock has been valued, by the directors, at the lower of current selling price less normal gross profit margin, and net realisable value.


Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 39 (2023 - 38 ) .

C.W. Barsley & Son Limited (Registered number: 00351161)

Notes to the Financial Statements - continued
for the Year Ended 31st January 2024


4. TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold to Plant and and
property property machinery fittings Totals
£    £    £    £    £   
COST
At 1st February 2023 508,160 272,259 145,231 125,215 1,050,865
Additions - - 14,760 - 14,760
Disposals - - (3,142 ) - (3,142 )
At 31st January 2024 508,160 272,259 156,849 125,215 1,062,483
DEPRECIATION
At 1st February 2023 - - 121,786 87,724 209,510
Charge for year - - 9,507 7,506 17,013
Eliminated on disposal - - (2,965 ) - (2,965 )
At 31st January 2024 - - 128,328 95,230 223,558
NET BOOK VALUE
At 31st January 2024 508,160 272,259 28,521 29,985 838,925
At 31st January 2023 508,160 272,259 23,445 37,491 841,355

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 421 (120 )
Other debtors 11,619 37,015
12,040 36,895

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 78,216 90,252
Taxation and social security 73,995 67,063
Other creditors 342,661 466,158
494,872 623,473

7. SECURED DEBTS

Two fixed charges were created on 19 March 2014 on two properties owned by the company.

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £101,040 (2023 - £102,450) were paid to the directors .

As at the 31st January 2024, R D Barsley (director) was owed £22,798 (31st January 2023: £22,254) and A E Nurden (director) was owed £7,775 (31st January 2023: £5,666) in respect of their loan accounts. These loans are interest free with no set repayment date.

The controlling party is R D Barsley.