2023-02-012024-01-312024-01-31false13154247BARCEM EXPRESS LTD2024-10-22iso4217:GBPxbrli:pure131542472023-02-01131542472024-01-31131542472023-02-012024-01-31131542472022-02-01131542472023-01-31131542472022-02-012023-01-3113154247bus:SmallEntities2023-02-012024-01-3113154247bus:AuditExempt-NoAccountantsReport2023-02-012024-01-3113154247bus:FullAccounts2023-02-012024-01-3113154247bus:PrivateLimitedCompanyLtd2023-02-012024-01-3113154247core:WithinOneYear2024-01-3113154247core:AfterOneYear2024-01-3113154247core:WithinOneYear2023-01-3113154247core:AfterOneYear2023-01-3113154247core:ShareCapital2024-01-3113154247core:SharePremium2024-01-3113154247core:RevaluationReserve2024-01-3113154247core:OtherReservesSubtotal2024-01-3113154247core:RetainedEarningsAccumulatedLosses2024-01-3113154247core:ShareCapital2023-01-3113154247core:SharePremium2023-01-3113154247core:RevaluationReserve2023-01-3113154247core:OtherReservesSubtotal2023-01-3113154247core:RetainedEarningsAccumulatedLosses2023-01-3113154247core:LandBuildings2024-01-3113154247core:PlantMachinery2024-01-3113154247core:Vehicles2024-01-3113154247core:FurnitureFittings2024-01-3113154247core:OfficeEquipment2024-01-3113154247core:NetGoodwill2024-01-3113154247core:IntangibleAssetsOtherThanGoodwill2024-01-3113154247core:ListedExchangeTraded2024-01-3113154247core:UnlistedNon-exchangeTraded2024-01-3113154247core:LandBuildings2023-01-3113154247core:PlantMachinery2023-01-3113154247core:Vehicles2023-01-3113154247core:FurnitureFittings2023-01-3113154247core:OfficeEquipment2023-01-3113154247core:NetGoodwill2023-01-3113154247core:IntangibleAssetsOtherThanGoodwill2023-01-3113154247core:ListedExchangeTraded2023-01-3113154247core:UnlistedNon-exchangeTraded2023-01-3113154247core:LandBuildings2023-02-012024-01-3113154247core:PlantMachinery2023-02-012024-01-3113154247core:Vehicles2023-02-012024-01-3113154247core:FurnitureFittings2023-02-012024-01-3113154247core:OfficeEquipment2023-02-012024-01-3113154247core:NetGoodwill2023-02-012024-01-3113154247core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3113154247core:ListedExchangeTraded2023-02-012024-01-3113154247core:UnlistedNon-exchangeTraded2023-02-012024-01-3113154247core:MoreThanFiveYears2023-02-012024-01-3113154247core:Non-currentFinancialInstruments2024-01-3113154247core:Non-currentFinancialInstruments2023-01-3113154247dpl:CostSales2023-02-012024-01-3113154247dpl:DistributionCosts2023-02-012024-01-3113154247core:LandBuildings2023-02-012024-01-3113154247core:PlantMachinery2023-02-012024-01-3113154247core:Vehicles2023-02-012024-01-3113154247core:FurnitureFittings2023-02-012024-01-3113154247core:OfficeEquipment2023-02-012024-01-3113154247dpl:AdministrativeExpenses2023-02-012024-01-3113154247core:NetGoodwill2023-02-012024-01-3113154247core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3113154247dpl:GroupUndertakings2023-02-012024-01-3113154247dpl:ParticipatingInterests2023-02-012024-01-3113154247dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-012024-01-3113154247core:ListedExchangeTraded2023-02-012024-01-3113154247dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-012024-01-3113154247core:UnlistedNon-exchangeTraded2023-02-012024-01-3113154247dpl:CostSales2022-02-012023-01-3113154247dpl:DistributionCosts2022-02-012023-01-3113154247core:LandBuildings2022-02-012023-01-3113154247core:PlantMachinery2022-02-012023-01-3113154247core:Vehicles2022-02-012023-01-3113154247core:FurnitureFittings2022-02-012023-01-3113154247core:OfficeEquipment2022-02-012023-01-3113154247dpl:AdministrativeExpenses2022-02-012023-01-3113154247core:NetGoodwill2022-02-012023-01-3113154247core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3113154247dpl:GroupUndertakings2022-02-012023-01-3113154247dpl:ParticipatingInterests2022-02-012023-01-3113154247dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3113154247core:ListedExchangeTraded2022-02-012023-01-3113154247dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3113154247core:UnlistedNon-exchangeTraded2022-02-012023-01-3113154247core:NetGoodwill2024-01-3113154247core:IntangibleAssetsOtherThanGoodwill2024-01-3113154247core:LandBuildings2024-01-3113154247core:PlantMachinery2024-01-3113154247core:Vehicles2024-01-3113154247core:FurnitureFittings2024-01-3113154247core:OfficeEquipment2024-01-3113154247core:AfterOneYear2024-01-3113154247core:WithinOneYear2024-01-3113154247core:ListedExchangeTraded2024-01-3113154247core:UnlistedNon-exchangeTraded2024-01-3113154247core:ShareCapital2024-01-3113154247core:SharePremium2024-01-3113154247core:RevaluationReserve2024-01-3113154247core:OtherReservesSubtotal2024-01-3113154247core:RetainedEarningsAccumulatedLosses2024-01-3113154247core:NetGoodwill2023-01-3113154247core:IntangibleAssetsOtherThanGoodwill2023-01-3113154247core:LandBuildings2023-01-3113154247core:PlantMachinery2023-01-3113154247core:Vehicles2023-01-3113154247core:FurnitureFittings2023-01-3113154247core:OfficeEquipment2023-01-3113154247core:AfterOneYear2023-01-3113154247core:WithinOneYear2023-01-3113154247core:ListedExchange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BARCEM EXPRESS LTD

Registered Number
13154247
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2024

BARCEM EXPRESS LTD
Company Information
for the year from 1 February 2023 to 31 January 2024

Director

SENLI, Baris

Registered Address

410-412 Richmond Road
Kingston Upon Thames
KT2 5PU

Registered Number

13154247 (England and Wales)
BARCEM EXPRESS LTD
Balance Sheet as at
31 January 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3239,349255,794
239,349255,794
Current assets
Stocks471,46962,147
Debtors5401,346155,894
Cash at bank and on hand5,14013,807
477,955231,848
Creditors amounts falling due within one year6(390,208)(283,131)
Net current assets (liabilities)87,747(51,283)
Total assets less current liabilities327,096204,511
Creditors amounts falling due after one year7(35,836)-
Net assets291,260204,511
Capital and reserves
Called up share capital100100
Profit and loss account291,160204,411
Shareholders' funds291,260204,511
The financial statements were approved and authorised for issue by the Director on 22 October 2024, and are signed on its behalf by:
SENLI, Baris
Director
Registered Company No. 13154247
BARCEM EXPRESS LTD
Notes to the Financial Statements
for the year ended 31 January 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)Straight line (years)
Land and buildings-20
Plant and machinery18-
Fixtures and fittings18-
Vehicles18-
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
Related parties
For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.
2.Average number of employees

20242023
Average number of employees during the year45
3.Tangible fixed assets

Land & buildings

Plant & machinery

Vehicles

Fixtures & fittings

Total

£££££
Cost or valuation
At 01 February 23203,61517,956-84,000305,571
Additions--8,000-8,000
At 31 January 24203,61517,9568,00084,000313,571
Depreciation and impairment
At 01 February 2320,3625,881-23,53449,777
Charge for year10,1802,1741,20710,88424,445
At 31 January 2430,5428,0551,20734,41874,222
Net book value
At 31 January 24173,0739,9016,79349,582239,349
At 31 January 23183,25312,075-60,466255,794
4.Stocks

2024

2023

££
Finished goods71,46962,147
Total71,46962,147
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables2,940-
Other debtors390,435147,981
Prepayments and accrued income7,9717,913
Total401,346155,894
Debtors contains related party balance of £214,615.00
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables180,78990,403
Bank borrowings and overdrafts9,164-
Taxation and social security70,77835,709
Other creditors127,370153,946
Accrued liabilities and deferred income2,1073,073
Total390,208283,131
Creditors contains related party balance of £127,370.28
7.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts35,836-
Total35,836-
8.Related party transactions
The companies mentioned below are under the control and significant influence of the Director, Baris Senli. During the year the company entered into the transactions with related parties and as of 31st January 2024, the following balances were outstanding: Amount owed by connected companies: Barcem Sutton Ltd £214,615.00 Amount due to connected companies: Barcem Ltd £127,370.28