2 30/06/2023 2023-06-30 false false false false false false false false false false true false false true false false false true true true false No description of principal activities is disclosed 2022-06-06 Sage Accounts Production 21.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 14151315 2022-06-06 2023-06-30 14151315 2023-06-30 14151315 bus:Director2 2022-06-06 2023-06-30 14151315 core:ShareCapital 2022-06-06 2023-06-30 14151315 core:RetainedEarningsAccumulatedLosses 2022-06-06 2023-06-30 14151315 core:WithinOneYear 2023-06-30 14151315 core:ShareCapital 2023-06-30 14151315 bus:SmallEntities 2022-06-06 2023-06-30 14151315 bus:AuditExempt-NoAccountantsReport 2022-06-06 2023-06-30 14151315 bus:FullAccounts 2022-06-06 2023-06-30 14151315 bus:SmallCompaniesRegimeForAccounts 2022-06-06 2023-06-30 14151315 bus:PrivateLimitedCompanyLtd 2022-06-06 2023-06-30
Company registration number: 14151315
Barrels of Joy Limited
Unaudited filleted financial statements
30 June 2023
To Cessation
Barrels of Joy Limited
Contents
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Barrels of Joy Limited
Statement of financial position
30 June 2023
30/06/23
Note £ £
Current assets
Debtors 5 2,612
_______
2,612
Creditors: amounts falling due
within one year 6 ( 2,610)
_______
Net current assets 2
_______
Total assets less current liabilities 2
_______
Net assets 2
_______
Capital and reserves
Called up share capital 2
_______
Shareholders funds 2
_______
For the period ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 19 March 2024 , and are signed on behalf of the board by:
Edward Roe
Director
Company registration number: 14151315
Barrels of Joy Limited
Statement of changes in equity
Period ended 30 June 2023
Called up share capital Profit and loss account Total
£ £ £
At 6 June 2022 - - -
Profit for the period 5,326 5,326
_______ _______ _______
Total comprehensive income for the period - 5,326 5,326
Issue of shares 2 2
Dividends paid and payable ( 5,326) ( 5,326)
_______ _______ _______
Total investments by and distributions to owners 2 ( 5,326) ( 5,324)
_______ _______ _______
At 30 June 2023 2 - 2
_______ _______ _______
Barrels of Joy Limited
Notes to the financial statements
Period ended 30 June 2023
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Higher Sheep Wash, Rathmell, Settle, Yorkshire, BD24 0JU.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.Revenue from the provision of services is recognised in the period in which the services are provided when all of the following conditions are satisfied; the amount of revenue can be measured reliably; it is probable that the economic benefits associated with the transaction will flow to the entity; the stage of completion of the transaction at the end of the reporting period can be measured reliably and the costs incurred and costs to complete the transaction can be measured reliably.
Taxation
Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.Tax deferred or accelerated is accounted for in respect of all material timing differences, in particular accelerated capital allowances and revaluation gains on investment properties. All deferred tax is charged/(credited) to the Statement of Income and Retained Earnings.
Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' loans.Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method. Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.Financial assets that are measured at 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 Income and Retained Earnings.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 2
5. Debtors
30/06/23
£
Other debtors 2,612
_______
6. Creditors: amounts falling due within one year
30/06/23
£
Corporation tax 1,250
Other creditors 1,360
_______
2,610
_______