Company Registration No. 4144258 (England and Wales)
BARHAM GLOBAL LIMITED
Unaudited accounts
for the year ended 31 January 2024
BARHAM GLOBAL LIMITED
Unaudited accounts
Contents
BARHAM GLOBAL LIMITED
Company Information
for the year ended 31 January 2024
Directors
S PANCHMATIA
Shobhana PANCHMATIA,
Company Number
4144258 (England and Wales)
Registered Office
3 CHALDON ROAD
FULHAM
LONDON
SW6 7NH
Accountants
JULIAN LESLIE
3 CHALDON ROAD
FULHAM
LONDON
SW6 7NH
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
BARHAM GLOBAL LIMITED
for the year ended 31 January 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
BARHAM GLOBAL LIMITED for the year ended
31 January 2024 as set out on pages
5 -
8 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
JULIAN LESLIE
Chartered Certified Accountants
3 CHALDON ROAD
FULHAM
LONDON
SW6 7NH
26 June 2024
BARHAM GLOBAL LIMITED
Statement of financial position
as at 31 January 2024
Investment property
561,250
561,250
Cash at bank and in hand
1,665,614
1,598,233
Creditors: amounts falling due within one year
(1,743,914)
(1,783,007)
Net current assets
896,330
944,263
Net assets
1,457,949
1,505,947
Called up share capital
100
100
Profit and loss account
1,457,849
1,505,847
Shareholders' funds
1,457,949
1,505,947
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 27 August 2024 and were signed on its behalf by
S PANCHMATIA
Director
Company Registration No. 4144258
BARHAM GLOBAL LIMITED
Notes to the Accounts
for the year ended 31 January 2024
BARHAM GLOBAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 4144258. The registered office is 3 CHALDON ROAD, FULHAM, LONDON, SW6 7NH.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15.00% on reducing balance basis
Computer equipment
33.33% on straight line basis
BARHAM GLOBAL LIMITED
Notes to the Accounts
for the year ended 31 January 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2023
6,487
5,424
11,911
At 31 January 2024
6,487
5,424
11,911
At 1 February 2023
6,053
5,424
11,477
Charge for the year
65
-
65
At 31 January 2024
6,118
5,424
11,542
At 31 January 2024
369
-
369
At 31 January 2023
434
-
434
Fair value at 1 February 2023
561,250
At 31 January 2024
561,250
Investment is recorded at open market value as determined by independent valuers. In accordance with the Statement of Standard Accounting Practice (SSAP) 19, depreciation is not provided on investment property on the basis that such property is not held for but for investment.
The Director believe, therefore, that this accounting policy is necessary for the accounts to give a true and fair view.
Changes in the market value of investment properties are not taken to the profit and loss account and are recognised within the revaluation reserve, unless a deficit (or its reversal) on an individual investment property is expected to be permanent, in which case it is charged (or credited) in the profit and loss account of the period.
Amounts falling due within one year
Trade debtors
939,853
1,109,013
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,433,620
1,488,696
Taxes and social security
31,933
33,806
Other creditors
2,500
2,500
Loans from directors
275,861
258,005
BARHAM GLOBAL LIMITED
Notes to the Accounts
for the year ended 31 January 2024
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 6 (2023: 6).