2023-06-01 2024-05-31 10717702 Bare Earth Projects Ltd false 10717702 2023-06-01 2024-05-31 10717702 uk-bus:Director1 2023-06-01 2024-05-31 10717702 uk-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10717702 uk-bus:SmallEntities 2023-06-01 2024-05-31 10717702 uk-bus:FullAccounts 2023-06-01 2024-05-31 10717702 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10717702 2023-06-01 10717702 2024-05-31 10717702 2023-05-31 xbrli:pure iso4217:GBP 10717702 2022-06-01 2023-05-31
Company Registration Number : 10717702 (England and Wales)
10717702
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2024-05-31
false
Bare Earth Projects Ltd
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2023-06-01
Bare Earth Projects Ltd
Unaudited filleted financial statements
For the year ended 31 May 2024
Bare Earth Projects Ltd
Contents
For the year ended 31 May 2024

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


Bare Earth Projects Ltd
Company Information
For the year ended 31 May 2024

Company registration number 10717702 (England and Wales)
Directors Lee Roddis
Glynn Wells
Registered office address 31 Sandstock Road Pocklington
York
YO42 2HN
Accountant Root Accountants Ltd
Chartered Management Accountants
Sandown House
LS22 7DN
Bare Earth Projects Ltd
Statement of Financial Position
For the year ended 31 May 2024

2024 2023
Notes £ £
Current assets
Debtors 5 82,499 21,477
Cash and cash equivalents 21,845 46,553
104,344 68,030
Current liabilities
Creditors: Amounts falling due within one year 6 (92,235) (58,224)
(92,235) (58,224)
Net current assets/(liabilities) 12,109 9,806
Total assets less current liabilities 12,109 9,806
Net assets/(liabilities) 12,109 9,806
Capital and reserves
Called up share capital 7 100 100
Retained earnings 12,009 9,706
Shareholder's funds 12,109 9,806
For the year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 31 May 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 responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared 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.
Approved by the Board on 18 November 2024
.............................
Lee Roddis (Director)
Company registration number: 10717702
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2024-05-31 31 May 2024
2024 2023
£ £
Current Assets 104,151 67,839
Prepayments and accrued income 193 191
Creditors: amounts falling due within one year (92,235) (58,224)
Net current assets (liabilities) 12,109 9,806
Total assets less current liabilities 12,109 9,806
Net Assets (liabilities) 12,109 9,806
Capital and Reserves 12,109 9,806
For the year ending 5/31/2024 the company was entitled to exemption 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. For the year ending 31-05-2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 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 in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 18 November 2024 2024-09-02 and signed on behalf of the board,
.............................
Lee Roddis
Director
Company registration number: 10717702
Bare Earth Projects Ltd
Notes to the Financial Statements
For the year ended 31 May 2024

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 31 Sandstock Road Pocklington, York, YO42 2HN.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Rendering of Services
Revenue from provision of services rendered in the reporting period is recognised when the outcome of a transaction for the rendering of services can be estimated reliably in terms of revenue, costs and its stage of completion of the specific transaction at the end of the reporting period. The stage of completion is determined on the basis of the actual completion of a proportion of the total services to be rendered. When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

(4) Employees
During the year, the average number of employees including director was 2 (2023 : 2).

(5) Debtors
Amounts falling due within one year
2024 2023
£ £
Other debtors 82,306 21,287
Prepayments and accrued income 193 191
82,499 21,477

(6) Creditors: Amounts falling due within one year
2024 2023
£ £
Other taxes and social security 1,507 -
Other creditors 90,591 58,153
Accruals and deferred income 137 71
92,235 58,224

(7) Share capital
Alloted, called up and fully paid: 2024 2023
£ £
100 (2023 : 100) Alloted,called up and fully paid of £ 1 each100100
100 100
Retained earnings 2024
£
At 1 June 2023 9,706
Profit of the year 2,303
At 31 May 2024 12,009

(8) Related party transactions
Glynn Wells is a director and shareholder of Wells Engineering Projects Ltd and Bare Earth Projects Ltd. Included in the other creditors, £6,015 (2023:£4,772) was owed to Wells Engineering projects Ltd on an interest free loan payable on demand.

Lee Roddis is a Director and shareholder of Synthesis Architects Ltd and Bare Earth Projects Ltd. Included in the other creditor £83,284 (2023 £48,598) was owed to Synthesis Architects Ltd on an interest free loan payable on demand.