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Company Registration No. 09190194 (England and Wales)
Barrack Power Services Ltd Unaudited accounts for the year ended 31 August 2024
Barrack Power Services Ltd Unaudited accounts Contents
Page
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Barrack Power Services Ltd Company Information for the year ended 31 August 2024
Director
C S Barrack
Company Number
09190194 (England and Wales)
Registered Office
26 Trubshaw Close Horfield Bristol BS7 0AD
Accountants
Evans Entwistle 10 Fountain Court, Elm House New Leaze Bradley Stoke Bristol BS32 4LA
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Barrack Power Services Ltd for the year ended 31 August 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Barrack Power Services Ltd for the year ended 31 August 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice 10 Fountain Court, Elm House New Leaze Bradley Stoke Bristol BS32 4LA 9 September 2024
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Barrack Power Services Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
33,687 
2,562 
Current assets
Debtors
1,166 
- 
Cash at bank and in hand
5,731 
60,193 
6,897 
60,193 
Creditors: amounts falling due within one year
(5,255)
(30,102)
Net current assets
1,642 
30,091 
Total assets less current liabilities
35,329 
32,653 
Creditors: amounts falling due after more than one year
(5,719)
(9,676)
Provisions for liabilities
Deferred tax
(6,401)
(487)
Net assets
23,209 
22,490 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
23,208 
22,489 
Shareholders' funds
23,209 
22,490 
For the year ending 31 August 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 9 September 2024 and were signed on its behalf by
C S Barrack Director Company Registration No. 09190194
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Barrack Power Services Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Barrack Power Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 09190194. The registered office is 26 Trubshaw Close, Horfield , Bristol, BS7 0AD.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% straight line
Motor vehicles
25% straight line
Computer equipment
25% straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Barrack Power Services Ltd Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 September 2023
27,991 
Additions
32,425 
At 31 August 2024
60,416 
Depreciation
At 1 September 2023
25,429 
Charge for the year
1,300 
At 31 August 2024
26,729 
Net book value
At 31 August 2024
33,687 
At 31 August 2023
2,562 
5
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
6,401 
487 
2024 
2023 
£ 
£ 
Provision at start of year
487 
316 
Charged to the profit and loss account
5,914 
171 
Provision at end of year
6,401 
487 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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