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REGISTERED NUMBER: 04943975 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Barn Garden and Aquatic Centre Limited

Barn Garden and Aquatic Centre Limited (Registered number: 04943975)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Barn Garden and Aquatic Centre Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: P Wilson





REGISTERED OFFICE: The Barn Oundle
Barnwell Road
Oundle
Peterborough
Cambridgeshire
PE8 5PS





REGISTERED NUMBER: 04943975 (England and Wales)





ACCOUNTANTS: Hills Accountants Limited
Greenhill House
First Floor East Wing
Thorpe Road
Peterborough
Cambridgeshire
PE3 6RU

Barn Garden and Aquatic Centre Limited (Registered number: 04943975)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,321,560 1,080,582

CURRENT ASSETS
Stocks 202,052 208,435
Debtors 5 4,643 3,863
Cash at bank and in hand 45,802 318,220
252,497 530,518
CREDITORS
Amounts falling due within one year 6 279,685 357,702
NET CURRENT (LIABILITIES)/ASSETS (27,188 ) 172,816
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,294,372

1,253,398

CREDITORS
Amounts falling due after more than one year 7 - (5,082 )

PROVISIONS FOR LIABILITIES (27,275 ) (27,275 )
NET ASSETS 1,267,097 1,221,041

CAPITAL AND RESERVES
Called up share capital 8 15 15
Capital redemption reserve 9 85 85
Retained earnings 9 1,266,997 1,220,941
SHAREHOLDERS' FUNDS 1,267,097 1,221,041

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Barn Garden and Aquatic Centre Limited (Registered number: 04943975)

Balance Sheet - continued
29 February 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 director and authorised for issue on 30 September 2024 and were signed by:





P Wilson - Director


Barn Garden and Aquatic Centre Limited (Registered number: 04943975)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Barn Garden and Aquatic Centre 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - in accordance with the property
Plant and machinery etc - at variable rates on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

Barn Garden and Aquatic Centre Limited (Registered number: 04943975)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2023 - 22 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 March 2023 1,108,781 236,093 1,344,874
Additions 291,517 - 291,517
At 29 February 2024 1,400,298 236,093 1,636,391
DEPRECIATION
At 1 March 2023 171,749 92,543 264,292
Charge for year 35,805 14,734 50,539
At 29 February 2024 207,554 107,277 314,831
NET BOOK VALUE
At 29 February 2024 1,192,744 128,816 1,321,560
At 28 February 2023 937,032 143,550 1,080,582

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 2,517 1,568
Other debtors 2,126 2,295
4,643 3,863

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts 3,692 20,000
Trade creditors 131,787 189,481
Taxation and social security 37,430 35,765
Other creditors 106,776 112,456
279,685 357,702

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Bank loans - 5,082

Barn Garden and Aquatic Centre Limited (Registered number: 04943975)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
85 Ordinary shares £1.00 15 15

9. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 March 2023 1,220,941 85 1,221,026
Profit for the year 46,056 46,056
At 29 February 2024 1,266,997 85 1,267,082

10. RELATED PARTY DISCLOSURES

As at 29 February 2024 the company owed Mr P A Wilson £102,826 (2023 £102,826) in respect of his Directors loan account.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P Wilson.