IRIS Accounts Production v24.2.0.383 08026699 Board of Directors 1.1.23 31.12.23 31.12.23 true false true false false true false Ordinary 0.01000 62424 60000 1248 2424 63672 62424 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh080266992022-12-31080266992023-12-31080266992023-01-012023-12-31080266992021-12-31080266992022-01-012022-12-31080266992022-12-3108026699ns15:EnglandWales2023-01-012023-12-3108026699ns14:PoundSterling2023-01-012023-12-3108026699ns10:Director12023-01-012023-12-3108026699ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3108026699ns10:SmallEntities2023-01-012023-12-3108026699ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3108026699ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3108026699ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3108026699ns10:FullAccounts2023-01-012023-12-3108026699ns10:OrdinaryShareClass12023-01-012023-12-310802669942ns10:Director22022-12-310802669942ns10:Director22021-12-310802669942ns10:Director22023-01-012023-12-310802669942ns10:Director22022-01-012022-12-310802669942ns10:Director22023-12-310802669942ns10:Director22022-12-3108026699ns10:Director22023-01-012023-12-3108026699ns10:RegisteredOffice2023-01-012023-12-3108026699ns5:CurrentFinancialInstruments2023-12-3108026699ns5:CurrentFinancialInstruments2022-12-3108026699ns5:ShareCapital2023-12-3108026699ns5:ShareCapital2022-12-3108026699ns5:RetainedEarningsAccumulatedLosses2023-12-3108026699ns5:RetainedEarningsAccumulatedLosses2022-12-3108026699ns5:CostValuation2022-12-3108026699ns5:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-12-3108026699ns5:CostValuation2023-12-3108026699ns5:Subsidiary12023-01-012023-12-3108026699ns5:Subsidiary112023-01-012023-12-3108026699ns5:Subsidiary12023-12-3108026699ns5:Subsidiary12022-12-3108026699ns5:Subsidiary12022-01-012022-12-3108026699ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3108026699ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3108026699ns10:OrdinaryShareClass12023-12-3108026699ns5:RetainedEarningsAccumulatedLosses2022-12-3108026699ns5:RetainedEarningsAccumulatedLosses2023-01-012023-12-31080266991ns10:Director12022-12-31080266991ns10:Director12021-12-31080266991ns10:Director12023-01-012023-12-31080266991ns10:Director12022-01-012022-12-31080266991ns10:Director12023-12-31080266991ns10:Director12022-12-31
REGISTERED NUMBER: 08026699 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

BARRATT ASSET MANAGEMENT UK LTD

BARRATT ASSET MANAGEMENT UK LTD (REGISTERED NUMBER: 08026699)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BARRATT ASSET MANAGEMENT UK LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: T D Barratt
C I M Barratt





REGISTERED OFFICE: Crowe U.K. LLP
Riverside House
40-46 High Street
Maidstone
Kent
ME14 1JH





REGISTERED NUMBER: 08026699 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
Riverside House
40-46 High Street
Maidstone
Kent
ME14 1JH

BARRATT ASSET MANAGEMENT UK LTD (REGISTERED NUMBER: 08026699)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 50,681 55,756

CURRENT ASSETS
Debtors 5 84,411 82,742
Cash at bank 8,825 2,595
93,236 85,337
CREDITORS
Amounts falling due within one year 6 51,606 71,717
NET CURRENT ASSETS 41,630 13,620
TOTAL ASSETS LESS CURRENT
LIABILITIES

92,311

69,376

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 8 92,310 69,375
SHAREHOLDERS' FUNDS 92,311 69,376

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

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 and authorised for issue by the Board of Directors and authorised for issue on 9 September 2024 and were signed on its behalf by:





T D Barratt - Director


BARRATT ASSET MANAGEMENT UK LTD (REGISTERED NUMBER: 08026699)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Barratt Asset Management UK Ltd 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.

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.

Going concern
Accounting standards require the directors to consider the appropriateness of the going concern basis when preparing the financial statements. The directors confirm that they consider that the going concern basis remains appropriate. The directors believe that the company has sufficient resources to continue in operational existence for the foreseeable future. The directors believe this to be the case as the company has positive reserves and cash balances.

Having regard to the above, the directors believe it appropriate to adopt the going concern basis of accounting in preparing the financial statements.

Related party exemption
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.

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

Debtors
Short term debtors are measured at transaction price, less any impairment.

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 no significant risk of change in value.

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

Creditors
Short term creditors are measured at the transaction price.

Financial reporting standard 102 - reduced disclosure exemptions
The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
- the requirements of Section 7 Statement of Cash Flows;
- the requirements of Section 3 Financial Statement Presentation paragraph 3.17 (d);
- the requirements of Section 11 Financial Instruments paragraphs 11.39 to 11.48A;
- the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.29;
- the requirements of Section 26 Share-based Payment paragraphs 26.18(b), 26.19 to 26.21 and 26.23;
- the requirements of Section 33 Related Party Disclosures paragraph 33.7.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

BARRATT ASSET MANAGEMENT UK LTD (REGISTERED NUMBER: 08026699)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


4. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1 January 2023 50,381 5,375 55,756
Impairments - (5,075 ) (5,075 )
At 31 December 2023 50,381 300 50,681
NET BOOK VALUE
At 31 December 2023 50,381 300 50,681
At 31 December 2022 50,381 5,375 55,756

The company's investments at the Balance Sheet date in the share capital of companies include the following:

BAMUK Group Limited
Registered office: United Kingdom
Nature of business: Holding company
%
Class of shares: holding
Ordinary 66.00
2023 2022
£    £   
Aggregate capital and reserves 423,588 396,788
Profit for the year 151,716 215,143

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 84,411 82,742

Included in other debtors is £63,672 (2022: £62,424) owing from the directors. Interest has been charged at 2% on the outstanding balance at the year end date.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 47,548 47,548
Taxation and social security 659 20,769
Other creditors 3,399 3,400
51,606 71,717

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £0.01 1 1

BARRATT ASSET MANAGEMENT UK LTD (REGISTERED NUMBER: 08026699)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


8. RESERVES
Retained
earnings
£   

At 1 January 2023 69,375
Profit for the year 47,935
Dividends (25,000 )
At 31 December 2023 92,310

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
T D Barratt and C I M Barratt
Balance outstanding at start of year 62,424 60,000
Amounts advanced 1,248 2,424
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 63,672 62,424

10. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.