Registered number
06951495
Barnsley Lifting Services Limited
Filleted Accounts
31 July 2023
Barnsley Lifting Services Limited
Registered number: 06951495
Balance Sheet
as at 31 July 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 5,731 5,455
Current assets
Debtors 4 25,727 19,464
Cash at bank and in hand 10,968 11,057
36,695 30,521
Creditors: amounts falling due within one year 5 (21,839) (14,044)
Net current assets 14,856 16,477
Total assets less current liabilities 20,587 21,932
Creditors: amounts falling due after more than one year 6 (19,287) (21,851)
Net assets 1,300 81
Capital and reserves
Called up share capital 20 20
Profit and loss account 1,280 61
Shareholder's funds 1,300 81
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Simon Barnsley
Director
Approved by the board on 9 April 2024
Barnsley Lifting Services Limited
Notes to the Accounts
for the year ended 31 July 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Motor vehicles 25% reducing balance
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 August 2022 32,535 2,850 35,385
Additions 2,186 - 2,186
At 31 July 2023 34,721 2,850 37,571
Depreciation
At 1 August 2022 27,080 2,850 29,930
Charge for the year 1,910 - 1,910
At 31 July 2023 28,990 2,850 31,840
Net book value
At 31 July 2023 5,731 - 5,731
At 31 July 2022 5,455 - 5,455
4 Debtors 2023 2022
£ £
Trade debtors 25,727 19,464
5 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 15,248 10,312
Taxation and social security costs 6,591 3,732
21,839 14,044
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 19,287 21,851
7 Other information
Barnsley Lifting Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
12 Arms Park Drive
Halfway
Sheffield
South Yorkshire
S20 4HR
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