2023-03-01 06517200 2024-02-29 06517200 2023-03-01 2024-02-29 06517200 2023-02-28 06517200 2022-03-01 2023-02-28 06517200 uk-core:WithinOneYear 2023-02-28 06517200 uk-core:WithinOneYear 2024-02-29 06517200 uk-core:AfterOneYear 2023-02-28 06517200 uk-core:AfterOneYear 2024-02-29 06517200 uk-core:ShareCapital 2024-02-29 06517200 uk-core:ShareCapital 2023-02-28 06517200 uk-core:RetainedEarningsAccumulatedLosses 2024-02-29 06517200 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 06517200 uk-bus:Director1 2023-03-01 2024-02-29 06517200 uk-core:PlantMachinery 2023-03-01 2024-02-29 06517200 uk-core:MotorVehicles 2023-03-01 2024-02-29 06517200 uk-core:FurnitureFittings 2023-03-01 2024-02-29 06517200 uk-core:ToolsEquipment 2023-02-28 06517200 uk-core:FurnitureFittings 2023-02-28 06517200 uk-core:MotorVehicles 2023-02-28 06517200 uk-core:PlantMachinery 2023-02-28 06517200 uk-core:ToolsEquipment 2023-03-01 2024-02-29 06517200 uk-core:MotorVehicles 2024-02-29 06517200 uk-core:FurnitureFittings 2024-02-29 06517200 uk-core:ToolsEquipment 2024-02-29 06517200 uk-core:PlantMachinery 2024-02-29 06517200 uk-core:WithinOneYear 2024-02-29 06517200 uk-core:WithinOneYear 2023-02-28 06517200 uk-core:AfterOneYear uk-core:Secured 2024-02-29 06517200 uk-core:AfterOneYear uk-core:Secured 2023-02-28 iso4217:GBP xbrli:pure 06517200 uk-bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 06517200 uk-bus:FRS102 2023-03-01 2024-02-29 06517200 uk-bus:FilletedAccounts 2023-03-01 2024-02-29 06517200 uk-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29
Barka Construction Limited
Registered Number:06517200
For the year ended 29 February 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 29 February 2024
Barka Construction Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
06517200
As at 29 February 2024
Barka Construction Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
57,955
41,006
2
57,955
41,006
Current assets
Inventories
368,200
440,766
3
Trade and other receivables
328,022
605,519
4
6,448
Cash and cash equivalents
2,561
1,048,846
702,670
Trade and other payables: amounts falling due within one
year
(367,912)
(617,378)
5
334,758
431,468
Net current assets
Total assets less current liabilities
489,423
375,764
Trade and other payables: amounts falling due after more
than one year
(472,381)
(643,874)
6
(154,451)
Net liabilities
(96,617)
Capital and reserves
Called up share capital
2
2
Retained earnings
(154,453)
(96,619)
(154,451)
(96,617)
Shareholders' funds
For the year ended 29 February 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 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 proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mohammed Barka Director
These financial statements were approved and authorised for issue by the Board on 22 November 2024 and were signed by:
1 of 5
4
Registered Number :
06517200
For the year ended 29 February 2024
Barka Construction Limited
Statement of Financial Position Continued
The notes form part of these financial statements
2 of 5
5
For the year ended 29 February 2024
Barka Construction Limited
Notes to the Financial Statements
Statutory Information
Barka Construction Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 06517200.
Registered address:
23 Porters Wood
St Albans
Herts
AL3 6PQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25% Straight line
25% Straight line
Motor vehicles
25% Straight line
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
3 of 5
6
For the year ended 29 February 2024
Barka Construction Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
Plant and
machinery
£
£
£
£
£
Cost or
valuation
At 01 March 2023
131,239
1,130
357
125,043
4,709
49,150
-
-
49,150
-
Additions
-
-
(33,149)
-
Disposals
(33,149)
At 29 February 2024
141,044
357
1,130
147,240
4,709
Provision for depreciation and impairment
At 01 March 2023
90,233
1,130
357
87,569
1,177
Charge for year
32,202
-
-
31,025
1,177
(33,150)
-
-
(33,150)
-
On disposal
At 29 February 2024
89,285
1,130
357
85,444
2,354
At 29 February 2024
Net book value
2,355
55,600
-
-
57,955
At 28 February 2023
3,532
37,474
-
-
41,006
3. Inventories
2023
2024
£
£
Stocks
440,766
368,200
4. Trade and other receivables
2023
2024
£
£
Trade debtors
591,032
310,529
Other debtors
14,487
17,493
328,022
605,519
4 of 5
7
For the year ended 29 February 2024
Barka Construction Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
13,753
17,319
Trade creditors
-
25,889
Taxation and social security
13,136
13,136
Other creditors
590,489
311,568
617,378
367,912
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
97,394
47,590
Other creditors
546,480
424,791
643,874
472,381
7. Average number of persons employed
During the year the average number of employees was 1 (2023 : 4)
5 of 5