Barker Project Management Ltd 06068107 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is management consultancy. Digita Accounts Production Advanced 6.30.9574.0 true 06068107 2023-04-01 2024-03-31 06068107 2024-03-31 06068107 core:CurrentFinancialInstruments 2024-03-31 06068107 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 06068107 core:Non-currentFinancialInstruments 2024-03-31 06068107 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 06068107 core:FurnitureFittings 2024-03-31 06068107 core:LandBuildings core:ShortLeaseholdAssets 2024-03-31 06068107 core:OfficeEquipment 2024-03-31 06068107 core:PlantMachinery 2024-03-31 06068107 bus:SmallEntities 2023-04-01 2024-03-31 06068107 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 06068107 bus:FilletedAccounts 2023-04-01 2024-03-31 06068107 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 06068107 bus:RegisteredOffice 2023-04-01 2024-03-31 06068107 bus:Director1 2023-04-01 2024-03-31 06068107 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06068107 core:FurnitureFittings 2023-04-01 2024-03-31 06068107 core:LandBuildings core:ShortLeaseholdAssets 2023-04-01 2024-03-31 06068107 core:LeaseholdImprovements 2023-04-01 2024-03-31 06068107 core:MotorVehicles 2023-04-01 2024-03-31 06068107 core:OfficeEquipment 2023-04-01 2024-03-31 06068107 core:PlantMachinery 2023-04-01 2024-03-31 06068107 countries:EnglandWales 2023-04-01 2024-03-31 06068107 2023-03-31 06068107 core:FurnitureFittings 2023-03-31 06068107 core:LandBuildings core:ShortLeaseholdAssets 2023-03-31 06068107 core:OfficeEquipment 2023-03-31 06068107 core:PlantMachinery 2023-03-31 06068107 2022-04-01 2023-03-31 06068107 2023-03-31 06068107 core:CurrentFinancialInstruments 2023-03-31 06068107 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 06068107 core:Non-currentFinancialInstruments 2023-03-31 06068107 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 06068107 core:FurnitureFittings 2023-03-31 06068107 core:LandBuildings core:ShortLeaseholdAssets 2023-03-31 06068107 core:OfficeEquipment 2023-03-31 06068107 core:PlantMachinery 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 06068107

Barker Project Management Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Barker Project Management Ltd

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 7

 

Barker Project Management Ltd

(Registration number: 06068107)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

-

18,504

Current assets

 

Stocks

5

37,414

56,121

Debtors

6

-

300

Cash at bank and in hand

 

3,168

206

 

40,582

56,627

Creditors: Amounts falling due within one year

7

(18,994)

(8,952)

Net current assets

 

21,588

47,675

Total assets less current liabilities

 

21,588

66,179

Creditors: Amounts falling due after more than one year

7

(9,107)

(14,135)

Net assets

 

12,481

52,044

Capital and reserves

 

Called up share capital

1

1

Retained earnings

12,480

52,043

Shareholders' funds

 

12,481

52,044

 

Barker Project Management Ltd

(Registration number: 06068107)
Balance Sheet as at 31 March 2024

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 22 November 2024
 

.........................................
S J Barker
Director

 

Barker Project Management Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

25% reducing balance basis

Office equipment

33% straight line basis

Leasehold improvements

10% straight line basis

Plant and machinery

25% reducing balance basis

Motor vehicles

25% reducing balance basis

 

Barker Project Management Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

Barker Project Management Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

4

Tangible assets

Property improvements
£

Fixtures and fittings
£

Plant and machinery
£

Office equipment
£

Total
£

Cost or valuation

At 1 April 2023

30,230

6,567

1,358

13,671

51,826

Disposals

(30,230)

(6,567)

(1,358)

(13,671)

(51,826)

At 31 March 2024

-

-

-

-

-

Depreciation

At 1 April 2023

15,723

4,172

1,332

12,095

33,322

Eliminated on disposal

(15,723)

(4,172)

(1,332)

(12,095)

(33,322)

At 31 March 2024

-

-

-

-

-

Carrying amount

At 31 March 2024

-

-

-

-

-

At 31 March 2023

14,507

2,395

26

1,576

18,504

 

Barker Project Management Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

5

Stocks

2024
£

2023
£

Other inventories

37,414

56,121

6

Debtors

Current

2024
£

2023
£

Other debtors

-

300

 

-

300

7

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

8

5,028

4,904

Taxation and social security

 

-

1,948

Other creditors

 

13,966

2,100

 

18,994

8,952

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

8

9,107

14,135

8

Loans and borrowings

Current loans and borrowings

2024
£

2023
£

Bank borrowings

5,028

4,904

 

Barker Project Management Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

9,107

14,135

9

Related party transactions

Other transactions with the director

S Barker had a loan with the company. At the balance sheet date the amount due to S Barker was £11,866 (2023: due from S Barker £300).