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REGISTERED NUMBER: 04668021 (England and Wales)















Barry Frampton Limited

Unaudited Financial Statements for the Year Ended 31 March 2024






Barry Frampton Limited (Registered number: 04668021)






Contents of the Financial Statements
for the year ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Barry Frampton Limited

Company Information
for the year ended 31 March 2024







DIRECTORS: P R Frampton
M A Frampton





SECRETARIES: B J Frampton
S M Frampton





REGISTERED OFFICE: 5 Wainsford Road
Pennington
Lymington
Hampshire
SO41 8GD





REGISTERED NUMBER: 04668021 (England and Wales)





ACCOUNTANTS: Webb & Co Ltd
Accountants and Business Advisers
One New Street
Wells
Somerset
BA5 2LA

Barry Frampton Limited (Registered number: 04668021)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 140,219 127,745
140,219 127,745

CURRENT ASSETS
Stocks 6,899 6,899
Debtors 6 199,242 246,544
Cash at bank and in hand 285,652 213,693
491,793 467,136
CREDITORS
Amounts falling due within one year 7 265,119 276,396
NET CURRENT ASSETS 226,674 190,740
TOTAL ASSETS LESS CURRENT
LIABILITIES

366,893

318,485

PROVISIONS FOR LIABILITIES 28,261 19,912
NET ASSETS 338,632 298,573

CAPITAL AND RESERVES
Called up share capital 8 600 600
Retained earnings 338,032 297,973
SHAREHOLDERS' FUNDS 338,632 298,573

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

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

Barry Frampton Limited (Registered number: 04668021)

Balance Sheet - continued
31 March 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 15 July 2024 and were signed on its behalf by:





M A Frampton - Director


Barry Frampton Limited (Registered number: 04668021)

Notes to the Financial Statements
for the year ended 31 March 2024

1. STATUTORY INFORMATION

Barry Frampton 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Revenue from contracts for the provision of services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage ofcompletion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue isrecognised only to the extent of the expenses recognised that it is probable will be recovered.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - Over the length of the lease
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


Barry Frampton Limited (Registered number: 04668021)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

2. ACCOUNTING POLICIES - continued
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 17 (2023 - 17 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 90,000
AMORTISATION
At 1 April 2023
and 31 March 2024 90,000
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

Barry Frampton Limited (Registered number: 04668021)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 April 2023 522 19,122 32,054
Additions - 5,089 14,129
Disposals - - -
At 31 March 2024 522 24,211 46,183
DEPRECIATION
At 1 April 2023 522 17,817 8,927
Charge for year - 1,599 9,314
Eliminated on disposal - - -
At 31 March 2024 522 19,416 18,241
NET BOOK VALUE
At 31 March 2024 - 4,795 27,942
At 31 March 2023 - 1,305 23,127

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 248,724 37,520 337,942
Additions 90,632 1,849 111,699
Disposals (104,825 ) - (104,825 )
At 31 March 2024 234,531 39,369 344,816
DEPRECIATION
At 1 April 2023 154,126 28,805 210,197
Charge for year 45,270 2,616 58,799
Eliminated on disposal (64,399 ) - (64,399 )
At 31 March 2024 134,997 31,421 204,597
NET BOOK VALUE
At 31 March 2024 99,534 7,948 140,219
At 31 March 2023 94,598 8,715 127,745

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 122,889 72,480
Other debtors 76,353 174,064
199,242 246,544

Barry Frampton Limited (Registered number: 04668021)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 90,011 123,417
Taxation and social security 143,234 102,888
Other creditors 31,874 50,091
265,119 276,396

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
270 Ordinary £1 270 270
310 Ordinary B £1 310 310
20 Ordinary C £1 20 20
600 600

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
P R Frampton and M A Frampton
Balance outstanding at start of year 102,294 1,144
Amounts advanced 43,194 102,294
Amounts repaid (102,294 ) (1,144 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 43,194 102,294