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REGISTERED NUMBER: 08244152 (England and Wales)






























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

BARRIE STEPHEN HOLDINGS LIMITED

BARRIE STEPHEN HOLDINGS LIMITED (REGISTERED NUMBER: 08244152)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BARRIE STEPHEN HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr BS Hedley
Mr HJ Zilliken



REGISTERED OFFICE: 12 King Street
Leicester
LE1 6RJ



REGISTERED NUMBER: 08244152 (England and Wales)



BANKERS: National Westminister Bank PLC
1 Granby Street
Leicester
Leicestershire
LE1 6EJ

BARRIE STEPHEN HOLDINGS LIMITED (REGISTERED NUMBER: 08244152)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 855,090 793,193
Investments 5 512,000 512,000
1,367,090 1,305,193

CURRENT ASSETS
Debtors 6 6,979 162,551
Cash at bank 713 -
7,692 162,551
CREDITORS
Amounts falling due within one year 7 396,432 257,187
NET CURRENT LIABILITIES (388,740 ) (94,636 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

978,350

1,210,557

CREDITORS
Amounts falling due after more than one year 8 (199,774 ) (245,357 )

PROVISIONS FOR LIABILITIES 10 (54,260 ) (59,575 )
NET ASSETS 724,316 905,625

CAPITAL AND RESERVES
Called up share capital 512,000 512,000
Retained earnings 212,316 393,625
724,316 905,625

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.

BARRIE STEPHEN HOLDINGS LIMITED (REGISTERED NUMBER: 08244152)

BALANCE SHEET - 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 August 2024 and were signed on its behalf by:




Mr BS Hedley - Director



Mr HJ Zilliken - Director


BARRIE STEPHEN HOLDINGS LIMITED (REGISTERED NUMBER: 08244152)

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


1. STATUTORY INFORMATION

Barrie Stephen Holdings 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - Straight line over 50 years
Motor vehicles - 25% on cost

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

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.

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.

BARRIE STEPHEN HOLDINGS LIMITED (REGISTERED NUMBER: 08244152)

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


2. ACCOUNTING POLICIES - continued

Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Freehold Motor
property vehicles Totals
£    £    £   
COST
At 1 April 2023 760,000 111,874 871,874
Additions 100,000 - 100,000
At 31 March 2024 860,000 111,874 971,874
DEPRECIATION
At 1 April 2023 34,200 44,481 78,681
Charge for year 10,134 27,969 38,103
At 31 March 2024 44,334 72,450 116,784
NET BOOK VALUE
At 31 March 2024 815,666 39,424 855,090
At 31 March 2023 725,800 67,393 793,193

BARRIE STEPHEN HOLDINGS LIMITED (REGISTERED NUMBER: 08244152)

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


5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 March 2024 512,000
NET BOOK VALUE
At 31 March 2024 512,000
At 31 March 2023 512,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 5,605 42,312
Other debtors 1,374 120,239
6,979 162,551

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 35,360 37,755
Hire purchase contracts 12,833 12,833
Trade creditors 1,202 1,002
Amounts owed to group undertakings 330,481 182,111
Taxation and social security - 128
Other creditors 16,556 23,358
396,432 257,187

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 140,800 173,549
Hire purchase contracts 58,974 71,808
199,774 245,357

BARRIE STEPHEN HOLDINGS LIMITED (REGISTERED NUMBER: 08244152)

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


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years
by instalment - 32,109
- 32,109

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 176,160 208,909

Bank loans are secured on the fixed assets owned by the company.

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred taxation 54,260 59,575

Deferred
tax
£   
Balance at 1 April 2023 59,575
Movement (5,315 )
Balance at 31 March 2024 54,260

BARRIE STEPHEN HOLDINGS LIMITED (REGISTERED NUMBER: 08244152)

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


11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
Mr BS Hedley
Balance outstanding at start of year 120,076 93,564
Amounts advanced 125,049 152,138
Amounts repaid (245,449 ) (125,626 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (324 ) 120,076

Mr HJ Zilliken
Balance outstanding at start of year (38 ) (356 )
Amounts advanced 99,089 57,483
Amounts repaid (99,144 ) (57,165 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (93 ) (38 )

The loans are repayable on demand and interest has been charged at HM Revenue and Custom's official rate.

12. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.