2023-01-01 00371173 2023-12-31 00371173 2023-01-01 2023-12-31 00371173 2022-12-31 00371173 2022-01-01 2022-12-31 00371173 uk-core:WithinOneYear 2022-12-31 00371173 uk-core:WithinOneYear 2023-12-31 00371173 uk-core:ShareCapital 2023-12-31 00371173 uk-core:ShareCapital 2022-12-31 00371173 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 00371173 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 00371173 uk-core:OtherMiscellaneousReserve 2023-12-31 00371173 uk-bus:Director1 2023-01-01 2023-12-31 00371173 uk-core:LandBuildings 2023-01-01 2023-12-31 00371173 uk-core:ComputerEquipment 2023-01-01 2023-12-31 00371173 uk-core:MotorVehicles 2023-01-01 2023-12-31 00371173 uk-core:FurnitureFittings 2023-01-01 2023-12-31 00371173 uk-core:ComputerEquipment 2022-12-31 00371173 uk-core:FurnitureFittings 2022-12-31 00371173 uk-core:MotorVehicles 2022-12-31 00371173 uk-core:LandBuildings 2022-12-31 00371173 uk-core:MotorVehicles 2023-12-31 00371173 uk-core:FurnitureFittings 2023-12-31 00371173 uk-core:ComputerEquipment 2023-12-31 00371173 uk-core:LandBuildings 2023-12-31 iso4217:GBP xbrli:pure 00371173 uk-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 00371173 uk-bus:FRS102 2023-01-01 2023-12-31 00371173 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 00371173 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
G BARLOW AND SONS LIMITED
Registered Number:00371173
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2023
G BARLOW AND SONS LIMITED
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
00371173
As at 31 December 2023
G BARLOW AND SONS LIMITED
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
174,745
203,709
2
174,745
203,709
Current assets
Inventories
44,903
42,332
3
Trade and other receivables
187,135
172,107
4
3,524,902
Cash and cash equivalents
3,902,552
4,116,991
3,756,940
Trade and other payables: amounts falling due within one
year
(309,289)
(350,784)
5
3,447,651
3,766,207
Net current assets
Total assets less current liabilities
3,940,952
3,651,360
3,940,952
Net assets
3,651,360
Capital and reserves
Called up share capital
2,160
2,160
Retained earnings
3,937,952
3,648,360
Other reserves
840
840
3,940,952
3,651,360
Shareholders' funds
For the year ended 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 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 proper 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 Section
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.
All the members have consented to the preparation of an Abridged Income Statement for the year ended 31 December 2023 in accordance with Section 444 (2A) of the Companies Act 2006.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
MR D J BARLOW Director
These financial statements were approved and authorised for issue by the Board on 19 September 2024 and were signed by:
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4
Registered Number :
00371173
For the year ended 31 December 2023
G BARLOW AND SONS LIMITED
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 31 December 2023
G BARLOW AND SONS LIMITED
Notes to the Financial Statements
Statutory Information
G BARLOW AND SONS LIMITED is a private limited company, limited by shares, domiciled in England and Wales,
registration number 00371173.
Registered address:
17/19 UNION STREET WEST
OLDHAM
OL8 1DQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings
0.5% per annum Straight line
10% per annum Straight line
Computer software
20% per annum Reducing balance
Motor Vehicles
20% per annum Reducing balance
Furniture and Fittings
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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6
For the year ended 31 December 2023
G BARLOW AND SONS LIMITED
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
software
Furniture and
Fittings
Motor
Vehicles
Land and
Buildings
£
£
£
£
£
Cost or
valuation
At 01 January 2023
809,729
4,021
31,729
704,183
69,796
-
-
(115,989)
-
Disposals
(115,989)
At 31 December 2023
588,194
31,729
4,021
693,740
69,796
Provision for depreciation and impairment
At 01 January 2023
606,020
4,021
31,574
562,402
8,023
Charge for year
28,564
-
31
28,184
349
(115,589)
-
-
(115,589)
-
On disposal
At 31 December 2023
518,995
4,021
31,605
474,997
8,372
At 31 December 2023
Net book value
61,424
113,197
124
-
174,745
At 31 December 2022
61,773
141,781
155
-
203,709
3. Inventories
2022
2023
£
£
Stocks
42,332
44,903
4. Trade and other receivables
2022
2023
£
£
Trade debtors
160,661
177,371
Other debtors
11,446
9,764
187,135
172,107
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
51,137
46,229
Taxation and social security
158,598
121,078
Other creditors
141,049
141,982
350,784
309,289
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7
For the year ended 31 December 2023
G BARLOW AND SONS LIMITED
Notes to the Financial Statements Continued
6. Average number of persons employed
During the year the average number of employees (including directors) was 13 (2022 : 13)
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