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REGISTERED NUMBER: 09496310 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

PETER BARRY SURVEYORS LIMITED

PETER BARRY SURVEYORS LIMITED (Registered number: 09496310)






Contents of the Financial Statements
for the Year Ended 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PETER BARRY SURVEYORS LIMITED

Company Information
for the Year Ended 31 MARCH 2024







DIRECTORS: J Burns
Ms C M Wheeler





REGISTERED OFFICE: Suite 2C, Brosnan House
175 Darkes Lane
Potters Bar
Hertfordshire
EN6 1BW





REGISTERED NUMBER: 09496310 (England and Wales)





ACCOUNTANTS: The Greene Partnership LLP
Chartered Accountants
Suite 2C, Brosnan House
175 Darkes Lane
Potters Bar
Hertfordshire
EN6 1BW

PETER BARRY SURVEYORS LIMITED (Registered number: 09496310)

Balance Sheet
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 140,000 210,000
Tangible assets 5 24,421 31,572
164,421 241,572

CURRENT ASSETS
Debtors 6 117,231 111,829
Cash at bank 383,276 452,006
500,507 563,835
CREDITORS
Amounts falling due within one year 7 265,598 241,782
NET CURRENT ASSETS 234,909 322,053
TOTAL ASSETS LESS CURRENT
LIABILITIES

399,330

563,625

PROVISIONS FOR LIABILITIES 8 6,105 7,893
NET ASSETS 393,225 555,732

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 393,125 555,632
SHAREHOLDERS' FUNDS 393,225 555,732

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

PETER BARRY SURVEYORS LIMITED (Registered number: 09496310)

Balance Sheet - continued
31 MARCH 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 Income Statement has not been delivered.

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




J Burns - Director



Ms C M Wheeler - Director


PETER BARRY SURVEYORS LIMITED (Registered number: 09496310)

Notes to the Financial Statements
for the Year Ended 31 MARCH 2024

1. STATUTORY INFORMATION

PETER BARRY SURVEYORS LIMITED 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.

Preparation of consolidated financial statements
The financial statements contain information about PETER BARRY SURVEYORS LIMITED as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill is being amortised over five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures, fittings & equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PETER BARRY SURVEYORS LIMITED (Registered number: 09496310)

Notes to the Financial Statements - continued
for the Year Ended 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2023 - 19 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 350,000
AMORTISATION
At 1 April 2023 140,000
Charge for year 70,000
At 31 March 2024 210,000
NET BOOK VALUE
At 31 March 2024 140,000
At 31 March 2023 210,000

5. TANGIBLE FIXED ASSETS
Fixtures,
fittings Motor
& equipment vehicles Totals
£    £    £   
COST
At 1 April 2023 31,006 41,490 72,496
Additions 990 - 990
At 31 March 2024 31,996 41,490 73,486
DEPRECIATION
At 1 April 2023 22,772 18,152 40,924
Charge for year 2,306 5,835 8,141
At 31 March 2024 25,078 23,987 49,065
NET BOOK VALUE
At 31 March 2024 6,918 17,503 24,421
At 31 March 2023 8,234 23,338 31,572

PETER BARRY SURVEYORS LIMITED (Registered number: 09496310)

Notes to the Financial Statements - continued
for the Year Ended 31 MARCH 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 87,412 86,305
Other debtors 6,788 6,788
Tax 7,088 -
Prepayments 15,943 18,736
117,231 111,829

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 37,215 43,153
Tax 94,752 74,516
Social security and other taxes 23,724 22,350
VAT 90,383 90,203
Directors' current accounts - 1,992
Accrued expenses 19,524 9,568
265,598 241,782

8. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax
Accelerated capital allowances 6,105 7,893

Deferred
tax
£   
Balance at 1 April 2023 7,893
Provided during year (1,788 )
Balance at 31 March 2024 6,105

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100

10. ULTIMATE CONTROLLING PARTY

The company was under the control of J Burns and Ms C M Wheeler by virtue of their combined shareholdings.