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Registered number: 04166030

Barhams Financial Services Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024

Prepared By:
DBR Accounts Ltd
Association of Chartered Certified Accountants
1 Station Court
Station Approach
Wickford
Essex
SS11 7AT

Barhams Financial Services Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
DIRECTORS
Mr R Harris
Mr D Stokes
REGISTERED OFFICE
3 Chapel Lane
Benson
Wallingford
Oxordshire
OX10 6LU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 04166030
ACCOUNTANTS
DBR Accounts Ltd
Association of Chartered Certified Accountants
1 Station Court
Station Approach
Wickford
Essex
SS11 7AT

Barhams Financial Services Limited

ACCOUNTS
FOR THEYEARENDED31/03/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Barhams Financial Services Limited

BALANCE SHEET AT 31/03/2024
20242023
Notes££
FIXED ASSETS
Tangible assets21,1401,520
CURRENT ASSETS
Debtors35,3009,752
Cash at bank and in hand31,90043,670
37,20053,422
CREDITORS: Amounts falling due within one year435,87854,495
NET CURRENT ASSETS / (LIABILITIES)1,322(1,073)
TOTAL ASSETS LESS CURRENT LIABILITIES2,462447
CAPITAL AND RESERVES
Called up share capital6100100
Profit and loss account2,362347
SHAREHOLDERS' FUNDS2,462447
For the year ending 31/03/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 01/08/2024 and signed on their behalf by
.............................
Mr R Harris
Director
.............................
Mr D Stokes
Director

Barhams Financial Services Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance25%
1c. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1d. Taxation
Taxation represents the tax currently payable. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
1e. Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are initially measured at amortised cost.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

Barhams Financial Services Limited

2. TANGIBLE FIXED ASSETS
Fixtures
and FittingsEquipmentTotal
£££
Cost
At 01/04/20238,45315,82324,276
At 31/03/20248,45315,82324,276
Depreciation
At 01/04/20238,45314,30322,756
For the year-380380
At 31/03/20248,45314,68323,136
Net Book Amounts
At 31/03/2024-1,1401,140
At 31/03/2023-1,5201,520
3. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors5,3006,002
D Stokes-2,928
R Harris-822
5,3009,752
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax15,09615,625
D Stokes449-
R Harris449-
Bank loans and overdrafts-6,262
Loans18,44431,174
Accruals1,4401,434
35,87854,495

Barhams Financial Services Limited

5. EMPLOYEES
20242023
No.No.
Average number of employees33
6. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
98 Ordinary shares of £1 each9898
2 A Ordinary shares of £1 each22
100100