Company Registration No. SC492670 (Scotland)
BAREM ASSOCIATES LTD
Unaudited accounts
for the year ended 31 December 2023
BAREM ASSOCIATES LTD
Unaudited accounts
Contents
BAREM ASSOCIATES LTD
Company Information
for the year ended 31 December 2023
Directors
Martin Collin Lubega BUKULU
Rebecca LUBEGA-BUKULU
Company Number
SC492670 (Scotland)
Registered Office
1 Hamilton Park South,
Hamilton,
ML3 0FH
Scotland
Accountants
Jomma Financial Ltd, Chartered Certified Accountants
4 Easegill Court
Top Valley
Nottingham
NG5 9LU
BAREM ASSOCIATES LTD
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
14
44
Creditors: amounts falling due within one year
(15,945)
(1,982)
Net current liabilities
(7,163)
(1,938)
Net assets/(liabilities)
8,038
(1,938)
Called up share capital
1
1
Profit and loss account
8,037
(1,939)
Shareholders' funds
8,038
(1,938)
For the year ending 31 December 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 May 2024 and were signed on its behalf by
Martin Collin Lubega BUKULU
Director
Company Registration No. SC492670
BAREM ASSOCIATES LTD
Notes to the Accounts
for the year ended 31 December 2023
BAREM ASSOCIATES LTD is a private company, limited by shares, registered in Scotland, registration number SC492670. The registered office is 1 Hamilton Park South,, Hamilton,, ML3 0FH, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Other tangible fixed assets
5
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
15,000
4,269
19,269
At 31 December 2023
15,000
4,269
19,269
Charge for the year
3,000
1,068
4,068
At 31 December 2023
3,000
1,068
4,068
At 31 December 2023
12,000
3,201
15,201
Amounts falling due after more than one year
BAREM ASSOCIATES LTD
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).