IRIS Accounts Production v24.1.0.578 08141398 Board of Directors 1.8.22 31.7.23 31.7.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh081413982022-07-31081413982023-07-31081413982022-08-012023-07-31081413982021-07-31081413982021-08-012022-07-31081413982022-07-3108141398ns15:EnglandWales2022-08-012023-07-3108141398ns14:PoundSterling2022-08-012023-07-3108141398ns10:Director12022-08-012023-07-3108141398ns10:PrivateLimitedCompanyLtd2022-08-012023-07-3108141398ns10:SmallEntities2022-08-012023-07-3108141398ns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3108141398ns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3108141398ns10:SmallCompaniesRegimeForAccounts2022-08-012023-07-3108141398ns10:FullAccounts2022-08-012023-07-3108141398ns10:Director22022-08-012023-07-3108141398ns10:Director32022-08-012023-07-3108141398ns10:RegisteredOffice2022-08-012023-07-3108141398ns5:CurrentFinancialInstruments2023-07-3108141398ns5:CurrentFinancialInstruments2022-07-3108141398ns5:Non-currentFinancialInstruments2023-07-3108141398ns5:Non-currentFinancialInstruments2022-07-3108141398ns5:ShareCapital2023-07-3108141398ns5:ShareCapital2022-07-3108141398ns5:RetainedEarningsAccumulatedLosses2023-07-3108141398ns5:RetainedEarningsAccumulatedLosses2022-07-3108141398ns5:PlantMachinery2022-08-012023-07-3108141398ns5:FurnitureFittings2022-08-012023-07-3108141398ns5:PlantMachinery2022-07-3108141398ns5:FurnitureFittings2022-07-3108141398ns5:PlantMachinery2023-07-3108141398ns5:FurnitureFittings2023-07-3108141398ns5:PlantMachinery2022-07-3108141398ns5:FurnitureFittings2022-07-3108141398ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3108141398ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-3108141398ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-07-3108141398ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-07-3108141398ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-07-3108141398ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-07-31
REGISTERED NUMBER: 08141398 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

BARK SOHO LIMITED

BARK SOHO LIMITED (Registered number: 08141398)






Contents of the Financial Statements
for the Year Ended 31 JULY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BARK SOHO LIMITED

Company Information
for the Year Ended 31 JULY 2023







DIRECTORS: S P R Elms
C Smith
C Wilson





REGISTERED OFFICE: Suite 2C, Bosnan House
175 Darkes Lane
Potters Bar
Hertfordshire
EN6 1BW





REGISTERED NUMBER: 08141398 (England and Wales)





ACCOUNTANTS: The Greene Partnership LLP
Chartered Accountants
Suite 2C, Brosnan House
175 Darkes Lane
Potters Bar
Hertfordshire
EN6 1BW

BARK SOHO LIMITED (Registered number: 08141398)

Balance Sheet
31 JULY 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 82,855 99,642

CURRENT ASSETS
Debtors 5 22,063 73,759
Cash at bank 239,067 240,138
261,130 313,897
CREDITORS
Amounts falling due within one year 6 203,781 129,544
NET CURRENT ASSETS 57,349 184,353
TOTAL ASSETS LESS CURRENT
LIABILITIES

140,204

283,995

CREDITORS
Amounts falling due after more than one year 7 (20,000 ) (30,000 )

PROVISIONS FOR LIABILITIES (20,714 ) (18,932 )
NET ASSETS 99,490 235,063

CAPITAL AND RESERVES
Called up share capital 150 150
Retained earnings 99,340 234,913
SHAREHOLDERS' FUNDS 99,490 235,063

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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.

BARK SOHO LIMITED (Registered number: 08141398)

Balance Sheet - continued
31 JULY 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 April 2024 and were signed on its behalf by:





S P R Elms - Director


BARK SOHO LIMITED (Registered number: 08141398)

Notes to the Financial Statements
for the Year Ended 31 JULY 2023

1. STATUTORY INFORMATION

BARK SOHO 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 represents net invoiced sales of services, excluding value added tax.

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.
Studio equipment - 10% on cost
Fixtures and fittings - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 7 (2022 - 6 ) .

BARK SOHO LIMITED (Registered number: 08141398)

Notes to the Financial Statements - continued
for the Year Ended 31 JULY 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Studio and
equipment fittings Totals
£    £    £   
COST
At 1 August 2022 153,704 34,775 188,479
Additions 3,701 150 3,851
At 31 July 2023 157,405 34,925 192,330
DEPRECIATION
At 1 August 2022 69,230 19,607 88,837
Charge for year 17,574 3,064 20,638
At 31 July 2023 86,804 22,671 109,475
NET BOOK VALUE
At 31 July 2023 70,601 12,254 82,855
At 31 July 2022 84,474 15,168 99,642

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 21,120 72,054
Other debtors - 1,705
Prepayments 943 -
22,063 73,759

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 18,423 7,528
Tax 7,307 12,245
Social security and other taxes 7,706 7,952
VAT 59,392 45,048
Other creditors 8,860 1,804
Accrued expenses 92,093 44,967
203,781 129,544

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years 10,000 20,000
20,000 30,000

BARK SOHO LIMITED (Registered number: 08141398)

Notes to the Financial Statements - continued
for the Year Ended 31 JULY 2023

8. RELATED PARTY DISCLOSURES

Other creditors is an amount owed to Eclectic Sounds Ltd, a company of which C Smith; S P R Elms & C Wilson are directors and shareholders.The rent of £60,000 and management fees of £60,000 were paid to Eclectic Sounds Limited.

9. ULTIMATE CONTROLLING PARTY

The controlling party is the shareholders.