Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-3112023-01-01falseNo description of principal activity1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06342888 2022-12-31 06342888 2023-01-01 2023-12-31 06342888 2021-07-01 2022-06-30 06342888 2023-12-31 06342888 2022-06-30 06342888 2021-07-01 06342888 c:Director1 2023-01-01 2023-12-31 06342888 c:RegisteredOffice 2023-01-01 2023-12-31 06342888 d:Buildings d:ShortLeaseholdAssets 2023-01-01 2023-12-31 06342888 d:Buildings d:ShortLeaseholdAssets 2023-12-31 06342888 d:Buildings d:ShortLeaseholdAssets 2022-06-30 06342888 d:FurnitureFittings 2023-01-01 2023-12-31 06342888 d:FurnitureFittings 2023-12-31 06342888 d:FurnitureFittings 2022-06-30 06342888 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 06342888 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 06342888 d:CurrentFinancialInstruments 2023-12-31 06342888 d:CurrentFinancialInstruments 2022-06-30 06342888 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 06342888 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 06342888 d:ShareCapital 2023-12-31 06342888 d:ShareCapital 2022-06-30 06342888 d:RetainedEarningsAccumulatedLosses 2023-12-31 06342888 d:RetainedEarningsAccumulatedLosses 2022-06-30 06342888 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 06342888 d:AcceleratedTaxDepreciationDeferredTax 2022-06-30 06342888 c:FRS102 2023-01-01 2023-12-31 06342888 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 06342888 c:FullAccounts 2023-01-01 2023-12-31 06342888 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 06342888 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Registered number: 06342888


 
 
 
 
 
 
 
 
BARGET KITCHENS (HAMPSTEAD) LIMITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

 
BARGET KITCHENS (HAMPSTEAD) LIMITED
 

COMPANY INFORMATION


DIRECTOR
A R Barget 




REGISTERED NUMBER
06342888



REGISTERED OFFICE
1st Floor Sackville House
143-149 Fenchurch Street

London

EC3M 6BN





 
BARGET KITCHENS (HAMPSTEAD) LIMITED
 

CONTENTS



Page
Balance Sheet
 
1
Notes to the Financial Statements
 
2 - 5


 
BARGET KITCHENS (HAMPSTEAD) LIMITED
REGISTERED NUMBER: 06342888

BALANCE SHEET
AS AT 31 DECEMBER 2023

31 December 2023
30 June 2022
Note
£
£

FIXED ASSETS
  

Tangible assets
 4 
21,884
32,566

CURRENT ASSETS
  

Debtors
 5 
27,527
28,995

Creditors: amounts falling due within one year
 6 
(240,611)
(252,761)

NET CURRENT LIABILITIES
  
 
 
(213,084)
 
 
(223,766)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
(191,200)
(191,200)

PROVISIONS FOR LIABILITIES
  

Deferred tax
 7 
(2,223)
(3,635)

NET LIABILITIES
  
 
 
(193,423)
 
 
(194,835)


CAPITAL AND RESERVES
  

Allotted, called up and fully paid share capital
  
1
1

Profit and loss account
  
(193,424)
(194,836)

EQUITY SHAREHOLDER'S DEFICIT
  
(193,423)
(194,835)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the Director's Report and the Statement of Income and Retained Earnings  in accordance with provisions applicable to companies subject to the small companies regime, under section 444 of the Companies Act 2006.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on
29 July 2024.




A R Barget
Director

Page 1

 
BARGET KITCHENS (HAMPSTEAD) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


GENERAL INFORMATION

Barget Kitchens (Hampstead) Limited (company number: 06342888), having its registered office at 1st Floor Sackville House, 143-149 Fenchurch Street, London, EC3M 6BN, is a private limited company incorporated in England and Wales. The principal place of trading is 39 Heath Street, London, NW3 6UA.

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

  
2.2

STATEMENT OF CASH FLOWS

The Company has taken advantage of the exemption in Financial Reporting Standard 102, Section 1A.7 from the requirement to produce a Statement of Cash Flows on the grounds that it is a small company.

 
2.3

GOING CONCERN

At the Balance Sheet date, the Company had net liabilities of £193,423 (2022: £194,835). The Company relies on the support of the director and its related parties who will continue to support the Company for the foreseeable future. On this basis, the director considers it appropriate to prepare the accounts on a going concern basis.

 
2.4

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using both the straight-line method and the reducing balance basis. .

Depreciation is provided on the following basis:

S/Term Leasehold Property
-
8.33% straight-line over the life of the lease
Fixtures and fittings
-
15% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Income and Retained Earnings.

 
2.5

DEBTORS

Short-term debtors are measured at transaction price, less any impairment.
Page 2

 
BARGET KITCHENS (HAMPSTEAD) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.ACCOUNTING POLICIES (continued)

 
2.6

FINANCIAL INSTRUMENTS

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties. 
Financial assets that are measured at cost and 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. 
For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the Balance Sheet date

 
2.7

CREDITORS

Short-term creditors are measured at the transaction price.

 
2.8

OPERATING LEASES

Rentals paid under operating leases are charged to the Statement of Income and Retained Earnings on a straight-line basis over the lease term.

 
2.9

FINANCE COSTS

Finance costs comprises of interest paid on overdue corporation tax.

 
2.10

CURRENT AND DEFERRED TAXATION

The tax expense for the period comprises current and deferred tax. 

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date in the countries where the Company operates and generates income.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the period was 1 (2022 - 1).

Page 3

 
BARGET KITCHENS (HAMPSTEAD) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

4.


TANGIBLE FIXED ASSETS





S/Term Leasehold Property
Fixtures and fittings
Total

£
£
£



COST


At 1 January 2023
249,017
52,697
301,714



At 31 December 2023

249,017
52,697
301,714



DEPRECIATION


At 1 January 2023
239,468
29,680
269,148


Charge for the period
1,545
9,137
10,682



At 31 December 2023

241,013
38,817
279,830



NET BOOK VALUE



At 31 December 2023
8,004
13,880
21,884



At 31 December 2022
9,549
23,017
32,566


5.


DEBTORS

31 December 2023
30 June 2022
£
£

Due within one year

Other debtors
13,750
13,750

Prepayments and accrued income
13,777
15,245

27,527
28,995


Page 4

 
BARGET KITCHENS (HAMPSTEAD) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

6.


CREDITORS: Amounts falling due within one year

31 December 2023
30 June 2022
£
£

Amounts owed to group undertakings
240,611
252,761



7.


DEFERRED TAXATION




31 December 2023
30 June 2022


£

£



At beginning of year
(3,635)
(1,337)


Credited to profit or loss
1,412
(2,298)



AT END OF YEAR
(2,223)
(3,635)

The provision for deferred taxation is made up as follows:

31 December 2023
30 June 2022
£
£


Accelerated capital allowances
(2,223)
(3,635)


8.


RELATED PARTY TRANSACTIONS

The Company has taken advantage of Section 33.1A of FRS102 in not disclosing transactions between wholly-owned members of a group.


9.


CONTROLLING PARTY

As at 31 December 2023 and 30 June 2022, the Company's ultimate parent undertaking was Barget Group Limited, a company incorporated in England and Wales.


Page 5