Company Registration No. 11912042 (England and Wales)
BARRACARE LTD
Unaudited accounts
for the year ended 31 March 2024
BARRACARE LTD
Unaudited accounts
Contents
BARRACARE LTD
Company Information
for the year ended 31 March 2024
Director
Mohammed Waqas Younis
Company Number
11912042 (England and Wales)
Registered Office
2 THE LIMES
BARKERHOUSE ROAD
NELSON
LANCASHIRE
BB9 9NL
ENGLAND
Accountants
PRIME ACCOUNTANTS
10 LOCKWOOD HOUSE
LOCKWOOD PARK
HUDDERSFIELD
HD4 6EN
BARRACARE LTD
Statement of financial position
as at 31 March 2024
Tangible assets
374,338
12,705
Cash at bank and in hand
176,775
69,683
Creditors: amounts falling due within one year
(145,686)
(81,146)
Net current assets
134,492
148,128
Total assets less current liabilities
535,704
166,177
Creditors: amounts falling due after more than one year
(268,092)
(29,661)
Net assets
267,612
136,516
Called up share capital
100
100
Profit and loss account
267,512
136,416
Shareholders' funds
267,612
136,516
For the year ending 31 March 2024 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 director acknowledges his 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 and authorised for issue on 25 September 2024 and were signed on its behalf by
Mohammed Waqas Younis
Director
Company Registration No. 11912042
BARRACARE LTD
Notes to the Accounts
for the year ended 31 March 2024
BARRACARE LTD is a private company, limited by shares, registered in England and Wales, registration number 11912042. The registered office is 2 THE LIMES, BARKERHOUSE ROAD, NELSON, LANCASHIRE, BB9 9NL, ENGLAND.
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:
Motor vehicles
33% Straight Line
Fixtures & fittings
20% Straight Line
Computer equipment
20% Straight Line
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
-
12,650
2,287
1,846
16,783
Additions
346,114
-
13,660
9,485
369,259
Disposals
-
-
(1,502)
-
(1,502)
At 31 March 2024
346,114
12,650
14,445
11,331
384,540
At 1 April 2023
-
2,523
1,089
466
4,078
Charge for the year
-
4,217
1,781
1,093
7,091
On disposals
-
-
(967)
-
(967)
At 31 March 2024
-
6,740
1,903
1,559
10,202
At 31 March 2024
346,114
5,910
12,542
9,772
374,338
At 31 March 2023
-
10,127
1,198
1,380
12,705
BARRACARE LTD
Notes to the Accounts
for the year ended 31 March 2024
5
Investments
Other investments
Valuation at 1 April 2023
5,344
Valuation at 31 March 2024
26,874
Amounts falling due within one year
Trade debtors
97,429
156,903
Accrued income and prepayments
5,974
-
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
36,083
16,686
Taxes and social security
105,951
59,721
Loans from directors
185
-
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 16 (2023: 16).