Acorah Software Products - Accounts Production 16.0.110 false true true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 00854860 Mr Robin Barrs Mrs Olwen Barrs Mrs Olwen Barrs iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00854860 2023-07-31 00854860 2024-07-31 00854860 2023-08-01 2024-07-31 00854860 frs-core:CurrentFinancialInstruments 2024-07-31 00854860 frs-core:Non-currentFinancialInstruments 2024-07-31 00854860 frs-core:FurnitureFittings 2024-07-31 00854860 frs-core:FurnitureFittings 2023-08-01 2024-07-31 00854860 frs-core:FurnitureFittings 2023-07-31 00854860 frs-core:MotorVehicles 2024-07-31 00854860 frs-core:MotorVehicles 2023-08-01 2024-07-31 00854860 frs-core:MotorVehicles 2023-07-31 00854860 frs-core:ShareCapital 2024-07-31 00854860 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 00854860 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 00854860 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 00854860 frs-bus:SmallEntities 2023-08-01 2024-07-31 00854860 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 00854860 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 00854860 frs-bus:Director1 2023-08-01 2024-07-31 00854860 frs-bus:Director2 2023-08-01 2024-07-31 00854860 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 00854860 frs-countries:EnglandWales 2023-08-01 2024-07-31 00854860 2022-07-31 00854860 2023-07-31 00854860 2022-08-01 2023-07-31 00854860 frs-core:CurrentFinancialInstruments 2023-07-31 00854860 frs-core:Non-currentFinancialInstruments 2023-07-31 00854860 frs-core:ShareCapital 2023-07-31 00854860 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 00854860
Barmer (Tyre & Battery Service) Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Assets Limited
Chiltern Chambers
St Peters Avenue
Reading
Berkshire
RG47DH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 00854860
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,423 5,519
9,423 5,519
CURRENT ASSETS
Stocks 5 10,439 21,251
Debtors 6 16,757 15,831
Cash at bank and in hand 8,325 15,943
35,521 53,025
Creditors: Amounts Falling Due Within One Year 7 (97,928 ) (100,031 )
NET CURRENT ASSETS (LIABILITIES) (62,407 ) (47,006 )
TOTAL ASSETS LESS CURRENT LIABILITIES (52,984 ) (41,487 )
Creditors: Amounts Falling Due After More Than One Year 8 (8,334 ) (26,395 )
NET LIABILITIES (61,318 ) (67,882 )
CAPITAL AND RESERVES
Called up share capital 9 1,200 1,200
Profit and Loss Account (62,518 ) (69,082 )
SHAREHOLDERS' FUNDS (61,318) (67,882)
Page 1
Page 2
For the year ending 31 July 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 responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Olwen Barrs
Director
21/11/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Barmer (Tyre & Battery Service) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00854860 . The registered office is Colyton Blackstocks Lane, Nately Scures, Basingstoke, Hants, RG27 9PH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 7)
5 7
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 August 2023 - 128,147 128,147
Additions 4,163 2,883 7,046
As at 31 July 2024 4,163 131,030 135,193
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 August 2023 - 122,628 122,628
Provided during the period 1,041 2,101 3,142
As at 31 July 2024 1,041 124,729 125,770
Net Book Value
As at 31 July 2024 3,122 6,301 9,423
As at 1 August 2023 - 5,519 5,519
5. Stocks
2024 2023
£ £
Stock 10,439 21,251
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,268 1,342
Other debtors 14,489 14,489
16,757 15,831
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 72,477 70,679
Bank loans and overdrafts 10,000 -
Other loans 4,583 -
Other taxes and social security 1,912 2,798
VAT 7,456 11,151
Accruals and deferred income 1,500 15,403
97,928 100,031
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 8,334 26,395
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,200 1,200
Page 4