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REGISTERED NUMBER: 14608107 (England and Wales)



















Unaudited Financial Statements

for the Period 20 January 2023 to 31 January 2024

for

Barkers Lettings Ltd

Barkers Lettings Ltd (Registered number: 14608107)






Contents of the Financial Statements
for the Period 20 January 2023 to 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Barkers Lettings Ltd

Company Information
for the Period 20 January 2023 to 31 January 2024







DIRECTORS: A W Barker
Mrs M R Barker





REGISTERED OFFICE: The Mills
Canal Street
Derby
Derbyshire
DE1 2RJ





REGISTERED NUMBER: 14608107 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

Barkers Lettings Ltd (Registered number: 14608107)

Balance Sheet
31 January 2024

Notes £    £   
FIXED ASSETS
Investment property 4 124,914

CURRENT ASSETS
Debtors 5 4,189
Cash at bank 3,627
7,816
CREDITORS
Amounts falling due within one year 6 42,704
NET CURRENT LIABILITIES (34,888 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

90,026

CREDITORS
Amounts falling due after more than one
year

7

90,573
NET LIABILITIES (547 )

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (647 )
(547 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2024 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.

Barkers Lettings Ltd (Registered number: 14608107)

Balance Sheet - continued
31 January 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 October 2024 and were signed on its behalf by:





A W Barker - Director


Barkers Lettings Ltd (Registered number: 14608107)

Notes to the Financial Statements
for the Period 20 January 2023 to 31 January 2024

1. STATUTORY INFORMATION

Barkers Lettings 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rents receivable from investment properties and is recognised as it falls due.

Investment property
Investment property is not depreciated but is valued annually at its fair value in accordance with the Financial Reporting Standard 102 (Section 1A). Any aggregate or surplus arising from changes in fair value is recognised in the profit and loss account and is transferred to a fair value reserve.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 124,914
At 31 January 2024 124,914
NET BOOK VALUE
At 31 January 2024 124,914

Fair value at 31 January 2024 is represented by:
£   
Valuation in 2024 124,914

If the investment property had not been revalued it would have been included at the following historical cost:

£   
Cost 124,914
Aggregate depreciation (1,665 )

The investment property was valued on fair value basis on 31 January 2024 by the directors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Prepayments 4,189

Barkers Lettings Ltd (Registered number: 14608107)

Notes to the Financial Statements - continued
for the Period 20 January 2023 to 31 January 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Owed to related parties 30,155
Directors' current accounts 10,929
Accrued expenses 1,620
42,704

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Other loans -more than 5 years 90,573

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans -more than 5 years 90,573

8. SECURED DEBTS

The following secured debts are included within creditors:

£   
Other loans 90,573

The loan is secured against the investment property.