Company Registration No. 13185282 (England and Wales)
Bar Limon Limited
Unaudited accounts
for the year ended 29 February 2024
Bar Limon Limited
Unaudited accounts
Contents
Bar Limon Limited
Company Information
for the year ended 29 February 2024
Secretary
Elizabeth McOwat
Company Number
13185282 (England and Wales)
Registered Office
Flat 2 Orchard Grange
10 Orchard Road
Malvern
WR14 3DA
England
Bar Limon Limited
Statement of financial position
as at 29 February 2024
Tangible assets
24,089
37,705
Cash at bank and in hand
1,063
21
Creditors: amounts falling due within one year
(87,442)
(69,243)
Net current liabilities
(74,420)
(58,306)
Total assets less current liabilities
(50,331)
(20,601)
Creditors: amounts falling due after more than one year
(8,787)
(14,989)
Net liabilities
(59,118)
(35,590)
Called up share capital
130
130
Share premium
38,461
38,461
Profit and loss account
(97,709)
(74,181)
Shareholders' funds
(59,118)
(35,590)
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 November 2024 and were signed on its behalf by
Lucy Dunlop
Director
Company Registration No. 13185282
Bar Limon Limited
Notes to the Accounts
for the year ended 29 February 2024
Bar Limon Limited is a private company, limited by shares, registered in England and Wales, registration number 13185282. The registered office is Flat 2 Orchard Grange, 10 Orchard Road, Malvern, WR14 3DA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. T
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Over length of lease
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Bar Limon Limited
Notes to the Accounts
for the year ended 29 February 2024
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2023
38,204
23,248
61,452
At 29 February 2024
39,757
23,590
63,347
At 1 March 2023
12,264
11,483
23,747
Charge for the year
7,705
7,806
15,511
At 29 February 2024
19,969
19,289
39,258
At 29 February 2024
19,788
4,301
24,089
At 28 February 2023
25,940
11,765
37,705
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,883
13,427
Trade creditors
5,331
8,298
Taxes and social security
-
1,024
Loans from directors
56,101
25,037
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 21 (2023: 23).