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REGISTERED NUMBER: 13517562 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

BARRATT LIMITED

BARRATT LIMITED (REGISTERED NUMBER: 13517562)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


BARRATT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: Mrs S Barratt
Mr J R Barratt



REGISTERED OFFICE: Birk Dault
Low Wood
Ulverston
Cumbria
LA12 8LY



REGISTERED NUMBER: 13517562 (England and Wales)



BANKERS: National Westminster Bank plc
113 Dalton Road
Barrow-in-Furness
Cumbria
LA14 1WY

BARRATT LIMITED (REGISTERED NUMBER: 13517562)

ABRIDGED BALANCE SHEET
31 JULY 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,946,161 880,831
Investment property 5 794,062 794,044
2,740,223 1,674,875

CURRENT ASSETS
Debtors 5,766 -
Cash at bank and in hand 1,248,641 325,153
1,254,407 325,153
CREDITORS
Amounts falling due within one year 1,200 1,200
NET CURRENT ASSETS 1,253,207 323,953
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,993,430

1,998,828

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 3,993,330 1,998,728
SHAREHOLDERS' FUNDS 3,993,430 1,998,828

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.

BARRATT LIMITED (REGISTERED NUMBER: 13517562)

ABRIDGED 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 July 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 25 July 2024 and were signed on its behalf by:





Mr J R Barratt - Director


BARRATT LIMITED (REGISTERED NUMBER: 13517562)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1. STATUTORY INFORMATION

Barratt 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.

Preparation of consolidated financial statements
The financial statements contain information about Barratt Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Rental income from operating leases is recognised on a straight-line basis over the lease term.

Dividend income is recognised when the right to receive payment is established.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property, which is land held by the company to earn rentals/and or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting date. Changes in fair value are recognised in the profit and loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 August 2022
and 31 July 2023 101
NET BOOK VALUE
At 31 July 2023 101
At 31 July 2022 101
Information on loans is as follows:
Totals
£   
At 1 August 2022 880,730
Additions 1,065,330
At 31 July 2023 1,946,060

BARRATT LIMITED (REGISTERED NUMBER: 13517562)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022 794,044
Additions 18
At 31 July 2023 794,062
NET BOOK VALUE
At 31 July 2023 794,062
At 31 July 2022 794,044

The directors consider the fair value of the investment properties at the balance sheet date to be equivalent to its historic cost.

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.23 31.7.22
value: £    £   
100 Ordinary £1 100 100

On the 6 June 2024 the company sub-divided its 100 ordinary £1 shares into 10,000 ordinary £0.01 shares.

7. POST BALANCE SHEET EVENTS

On the 20 June 2024, 25% of Aion Group SRL (a company registered in Italy) became part of Barratt Ltd.

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mr J R and Mrs S Barratt.