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REGISTERED NUMBER: 12445817 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Barnston Buddies Limited

Barnston Buddies Limited (Registered number: 12445817)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Barnston Buddies Limited

Company Information
for the year ended 31 March 2024







DIRECTORS: Mrs NS Prance
G Prance





REGISTERED OFFICE: 85 Sandham Grove
Heswall
Wirral
Cheshire
CH60 1XW





REGISTERED NUMBER: 12445817 (England and Wales)






Barnston Buddies Limited (Registered number: 12445817)

Statement of Financial Position
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 44,421 51,673

CURRENT ASSETS
Debtors 6 4,324 700
Cash at bank and in hand 83,634 108,960
87,958 109,660
CREDITORS
Amounts falling due within one year 7 (87,561 ) (107,438 )
NET CURRENT ASSETS 397 2,222
TOTAL ASSETS LESS CURRENT
LIABILITIES

44,818

53,895

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 44,618 53,695
44,818 53,895

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.

Barnston Buddies Limited (Registered number: 12445817)

Statement of Financial Position - 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 August 2024 and were signed on its behalf by:




G Prance - Director



Mrs NS Prance - Director


Barnston Buddies Limited (Registered number: 12445817)

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

1. STATUTORY INFORMATION

The principal activity of Barnston Buddies Limited is that of a children's nursery.

The company is a private company limited by shares and is incorporated in England and Wales. The address of the principal place of business and of the registered office is Sandham Grove, Heswall, Wirral, Merseyside. CH60 1XW. The registered number 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Summary of significant accounting policies
The principle accounting policies applied in the preparation of these financial statements are set out below.

These policies have been consistently applied to all years presented, unless otherwise stated.

Basis of preparation
The financial statements are prepared on the going concern basis under the historical cost convention and comply with the United Kingdom Accounting Standards and Companies Act 2006.

Going Concern
No material uncertainties, that may cast doubt about the ability of the company to continue as a going concern have been identified by the directors and they therefore consider it appropriate to prepare the financial statements on the going concern basis.

Revenue recognition
Revenue (described as turnover) is measured at the fair value of the consideration received and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Office equipment - 25% on reducing balance

Barnston Buddies Limited (Registered number: 12445817)

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

3. ACCOUNTING POLICIES - continued

Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank
loans and directors' current accounts and loans.

Bank loans and directors loans are initially measured at the present value of future payments, discounted at a market rate of interest and subsequently at amortised cost using the effective interest method.

Directors current balances (being those repayable on demand), trade debtors, other debtors and creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at 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 Comprehensive Income

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the statement of comprehensive incomeIncome 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 financial positionstatement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2023 - 24 ) .

Barnston Buddies Limited (Registered number: 12445817)

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

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 68,655
Additions 7,555
At 31 March 2024 76,210
DEPRECIATION
At 1 April 2023 16,982
Charge for year 14,807
At 31 March 2024 31,789
NET BOOK VALUE
At 31 March 2024 44,421
At 31 March 2023 51,673

HSBC UK Bank Plc has a fixed and floating charge over all assets of the company.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,574 -
Other debtors 750 700
4,324 700

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 4,066 10,027
Taxation and social security 22,900 25,994
Other creditors 60,595 71,417
87,561 107,438