2023-01-01 2023-12-31 false No description of principal activity Capium Accounts Production 1.1 00918619 bus:FullAccounts 2023-01-01 2023-12-31 00918619 bus:FRS102 2023-01-01 2023-12-31 00918619 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 00918619 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 00918619 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 00918619 2023-01-01 2023-12-31 00918619 2023-12-31 00918619 bus:RegisteredOffice 2023-01-01 2023-12-31 00918619 core:WithinOneYear 2023-12-31 00918619 core:AfterOneYear 2023-12-31 00918619 bus:Director1 2023-01-01 2023-12-31 00918619 bus:Director1 2023-12-31 00918619 bus:Director1 2022-01-01 2022-12-31 00918619 bus:Director2 2023-01-01 2023-12-31 00918619 bus:Director2 2023-12-31 00918619 bus:Director2 2022-01-01 2022-12-31 00918619 2022-01-01 00918619 bus:CompanySecretary1 2023-01-01 2023-12-31 00918619 bus:LeadAgentIfApplicable 2023-01-01 2023-12-31 00918619 2022-01-01 2022-12-31 00918619 2022-12-31 00918619 core:WithinOneYear 2022-12-31 00918619 core:AfterOneYear 2022-12-31 00918619 bus:EntityAccountantsOrAuditors 2022-01-01 2022-12-31 00918619 core:LandBuildings 2023-01-01 2023-12-31 00918619 core:LandBuildings 2023-12-31 00918619 core:LandBuildings 2022-12-31 00918619 core:PlantMachinery 2023-01-01 2023-12-31 00918619 core:PlantMachinery 2023-12-31 00918619 core:PlantMachinery 2022-12-31 00918619 core:FurnitureFittings 2023-01-01 2023-12-31 00918619 core:FurnitureFittings 2023-12-31 00918619 core:FurnitureFittings 2022-12-31 00918619 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-12-31 00918619 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-12-31 00918619 core:CostValuation core:Non-currentFinancialInstruments 2023-12-31 00918619 core:CostValuation core:Non-currentFinancialInstruments 2022-12-31 00918619 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-12-31 00918619 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-12-31 00918619 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-12-31 00918619 core:Non-currentFinancialInstruments 2023-12-31 00918619 core:Non-currentFinancialInstruments 2022-12-31 00918619 core:ShareCapital 2023-12-31 00918619 core:ShareCapital 2022-12-31 00918619 core:SharePremium 2023-12-31 00918619 core:SharePremium 2022-12-31 00918619 core:RevaluationReserve 2023-12-31 00918619 core:RevaluationReserve 2022-12-31 00918619 core:RetainedEarningsAccumulatedLosses 2023-12-31 00918619 core:RetainedEarningsAccumulatedLosses 2022-12-31 00918619 dpl:Item1 2023-01-01 00918619 dpl:Item1 2023-12-31 00918619 dpl:Item1 2022-01-01 00918619 dpl:Item1 2022-12-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 00918619
England and Wales

 

 

 


Unaudited Financial Statements

for the year ended 31 December 2023

for

HIGGS AND BARKER LIMITED

Directors Richard Barker
Dorothy Barker
Registered Number 00918619
Registered Office 52 Quay Road Bridlington
Bridlington
Yorks
YO16 4HX
Secretary Richard Barker
1
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 3 1,282,054    1,259,054 
1,282,054    1,259,054 
Current assets      
Stocks 4 555,197    604,114 
Debtors 5 9,677    20,695 
Cash at bank and in hand 1,111    1,404 
565,985    626,213 
Creditors: amount falling due within one year 6 (249,079)   (277,356)
Net current assets 316,906    348,857 
 
Total assets less current liabilities 1,598,960    1,607,911 
Net assets 1,598,960    1,607,911 
 

Capital and reserves
     
Called up share capital 1,000    1,000 
Share premium account 7 4,000    4,000 
Reserves 8 494,110    494,110 
Profit and loss account 1,099,850    1,108,801 
Shareholders' funds 1,598,960    1,607,911 
 


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.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the board of directors on 19 September 2024 and were signed on its behalf by:


-------------------------------
Richard Barker
Director
2
General Information
Higgs And Barker Limited is a private company, limited by shares, registered in England and Wales, registration number 00918619, registration address 52 Quay Road Bridlington , Bridlington, Yorks, YO16 4HX.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Tangible fixed assets
Tangible fixed assets, 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% Reducing Balance
Plant and Machinery 10% Reducing Balance
Fixtures and Fittings 25% Straight Line
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the year was 12 (2022 : 15).
3.

Tangible fixed assets

Cost or valuation Land and Buildings   Plant and Machinery   Fixtures and Fittings   Total
  £   £   £   £
At 01 January 2023 1,259,009    178,181    118,843    1,556,033 
Additions   23,000      23,000 
Disposals      
At 31 December 2023 1,259,009    201,181    118,843    1,579,033 
Depreciation
At 01 January 2023   178,157    118,822    296,979 
Charge for year      
On disposals      
At 31 December 2023   178,157    118,822    296,979 
Net book values
Closing balance as at 31 December 2023 1,259,009    23,024    21    1,282,054 
Opening balance as at 01 January 2023 1,259,009    24    21    1,259,054 


4.

Stocks

2023
£
  2022
£
Stocks 555,197    604,114 
555,197    604,114 

5.

Debtors: amounts falling due within one year

2023
£
  2022
£
Trade Debtors 8,836    9,999 
Prepayments & Accrued Income 841    10,696 
9,677    20,695 

6.

Creditors: amount falling due within one year

2023
£
  2022
£
Trade Creditors 126,243    127,608 
Bank Loans & Overdrafts 2,236    23,839 
Corporation Tax 1,925    2,085 
PAYE & Social Security 24,515    20,000 
Accrued Expenses 7,358    17,022 
Directors' Current Accounts 86,802    86,802 
249,079    277,356 

7.

Share premium account

2023
£
  2022
£
Equity Share Premium b/fwd 4,000    4,000 
4,000    4,000 

8.

Reserves

2023
£
  2022
£
Revaluation Reserve b/fwd 494,110    494,110 
494,110    494,110 

3