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REGISTERED NUMBER: 05014370 (England and Wales)













A.R.F. BARNARD LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024






A.R.F. BARNARD LIMITED (REGISTERED NUMBER: 05014370)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A.R.F. BARNARD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: M A Barnard
Mrs J M Barnard





REGISTERED OFFICE: Lakeside House
Copwood Pools
Rocks Road
Uckfield
East Sussex
TN22 3PT





REGISTERED NUMBER: 05014370 (England and Wales)





ACCOUNTANTS: SJF Accounting & Tax Ltd t/a SJF Accountants
Chartered Certified Accountants
Rothsay House
5 South Street
East Hoathly
East Sussex
BN8 6DS

A.R.F. BARNARD LIMITED (REGISTERED NUMBER: 05014370)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 50 67
Investment property 5 111,000 111,000
111,050 111,067

CURRENT ASSETS
Cash at bank 267 1,019

CREDITORS
Amounts falling due within one year 6 41,084 43,426
NET CURRENT LIABILITIES (40,817 ) (42,407 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

70,233

68,660

PROVISIONS FOR LIABILITIES 9,579 9,579
NET ASSETS 60,654 59,081

CAPITAL AND RESERVES
Called up share capital 7 1 1
Fair value reserve 8 40,836 40,836
Retained earnings 19,817 18,244
SHAREHOLDERS' FUNDS 60,654 59,081

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

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

A.R.F. BARNARD LIMITED (REGISTERED NUMBER: 05014370)

BALANCE SHEET - continued
31 JANUARY 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 August 2024 and were signed on its behalf by:





M A Barnard - Director


A.R.F. BARNARD LIMITED (REGISTERED NUMBER: 05014370)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

A.R.F. Barnard 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 (£).


Monetary amounts in these financial statements are rounded to the nearest £

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 as modified by the revaluation of certain assets.

Revenue recognition
Revenue is measured at fair value of the consideration received or receivable for the rental of the investment properties and is recognised in the period in which the service is provided in accordance with the rental agreement.

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.
Plant and machinery etc - 25% on cost

Investment property
Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields from comparable real estate, adjusted if necessary for any differences in the nature, location and condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the profit and loss account

Financial instruments
The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loan from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised costs 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 Profit and Loss Account.

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.


A.R.F. BARNARD LIMITED (REGISTERED NUMBER: 05014370)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023
and 31 January 2024 1,496
DEPRECIATION
At 1 February 2023 1,429
Charge for year 17
At 31 January 2024 1,446
NET BOOK VALUE
At 31 January 2024 50
At 31 January 2023 67

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023
and 31 January 2024 111,000
NET BOOK VALUE
At 31 January 2024 111,000
At 31 January 2023 111,000

The investment properties were valued on a open market basis on 31st January 2024 by the directors.

If the investment properties had not been revalued they would have been shown at the original cost of £60,585.

A.R.F. BARNARD LIMITED (REGISTERED NUMBER: 05014370)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 373 700
Other creditors 40,711 42,726
41,084 43,426

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary 1 1 1

8. RESERVES
Fair
value
reserve
£   
At 1 February 2023
and 31 January 2024 40,836

The fair value reserve is not distributable