IRIS Accounts Production v24.3.0.553 04378753 Board of Directors 1.3.23 29.2.24 29.2.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh043787532023-02-28043787532024-02-29043787532023-03-012024-02-29043787532022-02-28043787532022-03-012023-02-28043787532023-02-2804378753ns15:EnglandWales2023-03-012024-02-2904378753ns14:PoundSterling2023-03-012024-02-2904378753ns10:Director12023-03-012024-02-2904378753ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2904378753ns10:SmallEntities2023-03-012024-02-2904378753ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2904378753ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2904378753ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2904378753ns10:FullAccounts2023-03-012024-02-290437875312023-03-012024-02-2904378753ns10:Director22023-03-012024-02-2904378753ns10:CompanySecretary12023-03-012024-02-2904378753ns10:RegisteredOffice2023-03-012024-02-2904378753ns5:CurrentFinancialInstruments2024-02-2904378753ns5:CurrentFinancialInstruments2023-02-2804378753ns5:Non-currentFinancialInstruments2024-02-2904378753ns5:Non-currentFinancialInstruments2023-02-2804378753ns5:ShareCapital2024-02-2904378753ns5:ShareCapital2023-02-2804378753ns5:RetainedEarningsAccumulatedLosses2024-02-2904378753ns5:RetainedEarningsAccumulatedLosses2023-02-2804378753ns5:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2904378753ns5:PlantMachinery2023-03-012024-02-2904378753ns5:NetGoodwill2023-02-2804378753ns5:NetGoodwill2024-02-2904378753ns5:NetGoodwill2023-02-2804378753ns5:PlantMachinery2023-02-2804378753ns5:PlantMachinery2024-02-2904378753ns5:PlantMachinery2023-02-2804378753ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-02-2904378753ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-28043787531ns10:Director12023-02-28043787531ns10:Director12022-02-28043787531ns10:Director12023-03-012024-02-29043787531ns10:Director12022-03-012023-02-28043787531ns10:Director12024-02-29043787531ns10:Director12023-02-28
REGISTERED NUMBER: 04378753 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Barrett Event Caterers Limited

Barrett Event Caterers Limited (Registered number: 04378753)






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


Barrett Event Caterers Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: M J Barrett
M A Niblett





SECRETARY:





REGISTERED OFFICE: Unit 9
Avondale Road Industrial Estate
Cheadle Heath
Stockport
SK3 0UD





REGISTERED NUMBER: 04378753 (England and Wales)





ACCOUNTANTS: NW Accounts Limited
Chartered Accountants
17 Leafield Road
Disley
Stockport
Cheshire
SK12 2JF

Barrett Event Caterers Limited (Registered number: 04378753)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 231,514 215,714
231,514 215,714

CURRENT ASSETS
Stocks 135,587 101,127
Debtors 6 1,549,612 1,554,141
Cash at bank and in hand 607,600 622,316
2,292,799 2,277,584
CREDITORS
Amounts falling due within one year 7 1,290,145 1,467,126
NET CURRENT ASSETS 1,002,654 810,458
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,234,168

1,026,172

CREDITORS
Amounts falling due after more than one year 8 (65,250 ) (114,250 )

PROVISIONS FOR LIABILITIES (22,000 ) (15,000 )
NET ASSETS 1,146,918 896,922

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 1,146,916 896,920
1,146,918 896,922

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 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.

Barrett Event Caterers Limited (Registered number: 04378753)

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 Board of Directors and authorised for issue on 28 November 2024 and were signed on its behalf by:





M J Barrett - Director


Barrett Event Caterers Limited (Registered number: 04378753)

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

1. STATUTORY INFORMATION

Barrett Event Caterers 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 25% on reducing balance, 20% on reducing balance, in accordance with the property and 5 years over the period of the lease

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.

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.

Barrett Event Caterers Limited (Registered number: 04378753)

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 88 (2023 - 87 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2023
and 29 February 2024 35,200
AMORTISATION
At 1 March 2023
and 29 February 2024 35,200
NET BOOK VALUE
At 29 February 2024 -
At 28 February 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 631,686
Additions 57,583
Disposals (13,658 )
At 29 February 2024 675,611
DEPRECIATION
At 1 March 2023 415,972
Charge for year 40,074
Eliminated on disposal (11,949 )
At 29 February 2024 444,097
NET BOOK VALUE
At 29 February 2024 231,514
At 28 February 2023 215,714

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 11,373 -
Other debtors 1,538,239 1,554,141
1,549,612 1,554,141

Barrett Event Caterers Limited (Registered number: 04378753)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts 45,000 45,000
Trade creditors 129,464 136,039
Taxation and social security 211,463 191,791
Other creditors 904,218 1,094,296
1,290,145 1,467,126

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Bank loans 65,250 114,250

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

29.2.24 28.2.23
£    £   
M J Barrett
Balance outstanding at start of year (377,931 ) (718,510 )
Amounts advanced 473,561 340,579
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 95,630 (377,931 )