IRIS Accounts Production v24.2.0.383 09495951 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh094959512023-03-31094959512024-03-31094959512023-04-012024-03-31094959512022-03-31094959512022-04-012023-03-31094959512023-03-3109495951ns15:EnglandWales2023-04-012024-03-3109495951ns14:PoundSterling2023-04-012024-03-3109495951ns10:Director12023-04-012024-03-3109495951ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3109495951ns10:SmallEntities2023-04-012024-03-3109495951ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3109495951ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3109495951ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3109495951ns10:FullAccounts2023-04-012024-03-3109495951ns10:Director22023-04-012024-03-3109495951ns10:RegisteredOffice2023-04-012024-03-3109495951ns5:CurrentFinancialInstruments2024-03-3109495951ns5:CurrentFinancialInstruments2023-03-3109495951ns5:Non-currentFinancialInstruments2024-03-3109495951ns5:Non-currentFinancialInstruments2023-03-3109495951ns5:ShareCapital2024-03-3109495951ns5:ShareCapital2023-03-3109495951ns5:RetainedEarningsAccumulatedLosses2024-03-3109495951ns5:RetainedEarningsAccumulatedLosses2023-03-3109495951ns5:PlantMachinery2023-04-012024-03-3109495951ns5:PlantMachinery2023-03-3109495951ns5:PlantMachinery2024-03-3109495951ns5:PlantMachinery2023-03-3109495951ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3109495951ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3109495951ns5:WithinOneYear2024-03-3109495951ns5:WithinOneYear2023-03-3109495951ns5:BetweenOneFiveYears2024-03-3109495951ns5:BetweenOneFiveYears2023-03-3109495951ns5:AllPeriods2024-03-3109495951ns5:AllPeriods2023-03-31
REGISTERED NUMBER: 09495951 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

FOR

NEW BARN HOLDINGS LIMITED

NEW BARN HOLDINGS LIMITED (REGISTERED NUMBER: 09495951)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NEW BARN HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTORS: S J White
Mrs C E White





REGISTERED OFFICE: Woodhams Farm New Barn
Off Springvale Road
Kings Worthy
Winchester
Hampshire
SO23 7LB





REGISTERED NUMBER: 09495951 (England and Wales)





ACCOUNTANTS: Martin and Company
25 St Thomas Street
Winchester
Hampshire
SO23 9HJ

NEW BARN HOLDINGS LIMITED (REGISTERED NUMBER: 09495951)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 362,904 394,449

CURRENT ASSETS
Debtors 5 742 1,497
Cash at bank 34,453 48,667
35,195 50,164
CREDITORS
Amounts falling due within one year 6 118,393 108,360
NET CURRENT LIABILITIES (83,198 ) (58,196 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

279,706

336,253

CREDITORS
Amounts falling due after more than one
year

7

(9,708

)

(17,362

)

PROVISIONS FOR LIABILITIES (64,019 ) (69,312 )
NET ASSETS 205,979 249,579

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 205,879 249,479
SHAREHOLDERS' FUNDS 205,979 249,579

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

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

NEW BARN HOLDINGS LIMITED (REGISTERED NUMBER: 09495951)

BALANCE SHEET - continued
31ST 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th November 2024 and were signed on its behalf by:





S J White - Director


NEW BARN HOLDINGS LIMITED (REGISTERED NUMBER: 09495951)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024


1. STATUTORY INFORMATION

New Barn Holdings 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 represents storage rental income leased to customers under operating leases, recognised on a straight-line basis over the term of the lease and 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.
Plant and machinery etc - 20% on cost and 10% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

NEW BARN HOLDINGS LIMITED (REGISTERED NUMBER: 09495951)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st April 2023 653,913
Additions 55,262
Disposals (33,411 )
At 31st March 2024 675,764
DEPRECIATION
At 1st April 2023 259,464
Charge for year 66,906
Eliminated on disposal (13,510 )
At 31st March 2024 312,860
NET BOOK VALUE
At 31st March 2024 362,904
At 31st March 2023 394,449

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 742 1,497

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 8,400 8,760
Trade creditors 9,278 910
Taxation and social security 64,100 66,460
Other creditors 36,615 32,230
118,393 108,360

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 9,708 17,362

NEW BARN HOLDINGS LIMITED (REGISTERED NUMBER: 09495951)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024


8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 4,425 4,425
Between one and five years 8,497 12,922
12,922 17,347