Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31trueInvestment in Subsidiarytrue2023-01-01false11The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06638517 2023-01-01 2023-12-31 06638517 2022-01-01 2022-12-31 06638517 2023-12-31 06638517 2022-12-31 06638517 c:Director1 2023-01-01 2023-12-31 06638517 d:CurrentFinancialInstruments 2023-12-31 06638517 d:CurrentFinancialInstruments 2022-12-31 06638517 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 06638517 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 06638517 d:ShareCapital 2023-12-31 06638517 d:ShareCapital 2022-12-31 06638517 d:RetainedEarningsAccumulatedLosses 2023-12-31 06638517 d:RetainedEarningsAccumulatedLosses 2022-12-31 06638517 c:FRS102 2023-01-01 2023-12-31 06638517 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 06638517 c:FullAccounts 2023-01-01 2023-12-31 06638517 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 06638517 2 2023-01-01 2023-12-31 06638517 6 2023-01-01 2023-12-31 06638517 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 06638517









BARKWAY GROUP LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
BARKWAY GROUP LIMITED
REGISTERED NUMBER: 06638517

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 5 
100
100

  
100
100

Current assets
  

Debtors: amounts falling due within one year
 6 
3,120,593
1,079,811

Cash at bank and in hand
 7 
102,077
1,779,910

  
3,222,670
2,859,721

Creditors: amounts falling due within one year
 8 
(24,034)
(23,521)

Net current assets
  
 
 
3,198,636
 
 
2,836,200

Total assets less current liabilities
  
3,198,736
2,836,300

  

Net assets
  
3,198,736
2,836,300


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
3,198,636
2,836,200

  
3,198,736
2,836,300


Page 1

 
BARKWAY GROUP LIMITED
REGISTERED NUMBER: 06638517
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

The Director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


A Beckingham
Director

Date: 26 August 2024

Page 2

 
BARKWAY GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Barkway Group Limited is a company limited by shares and incorporated in England & Wales under the Companies Act 2006. The address of the registered office is given on the contents page. The nature of the Company's operations and its principal activities are set out in the Directors’ report.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland relevant to a company following the small company regime, Companies Act and FRC abstracts.

The following principal accounting policies have been applied:

 
2.2

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Therefore, the director has adopted the going concern basis of accounting in preparing the financial statements.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.6

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.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 3

 
BARKWAY GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.8

Creditors

Short-term 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.


Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgments, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. The nature of estimation means the actual outcomes could differ from those estimates. 


4.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 4

 
BARKWAY GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2023
100



At 31 December 2023
100





6.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
2,056,104
1,057,942

Other debtors
1,064,489
21,869

3,120,593
1,079,811



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
102,077
1,779,910

102,077
1,779,910



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
3,534
1,021

Other creditors
20,500
22,500

24,034
23,521


Page 5

 
BARKWAY GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

9.


Related party transactions

At the balance sheet date there was an intercompany loan of £2,053,900 (2022: £1,057,805) due from Barkway Property Holdings.
At the balance sheet there was an intercompany loan of £20,500 (2022: £22,500) due to Internet Telecoms Limited. There was also a balance due from the director of £1,042,620, this loan was repaid in full within 9 months from the balance sheet date.

 
Page 6