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REGISTERED NUMBER: 06067402 (England and Wales)
















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

BARBICAN LOGISTICS LIMITED

BARBICAN LOGISTICS LIMITED (REGISTERED NUMBER: 06067402)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BARBICAN LOGISTICS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: M Ward





REGISTERED OFFICE: Unit 1, Cambridge House
Camboro Business Park
Oakington Road, Girton
CAMBRIDGE
Cambridgeshire
CB3 0QH





REGISTERED NUMBER: 06067402 (England and Wales)





AUDITORS: Ensors Accountants LLP
Chartered Accountants Statutory Auditor
Victory House
Vision Park
Chivers Way
HISTON
Cambridgeshire
CB24 9ZR

BARBICAN LOGISTICS LIMITED (REGISTERED NUMBER: 06067402)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,014,266 829,881
Investments 5 78 78
1,014,344 829,959

CURRENT ASSETS
Debtors 6 1,172,474 1,344,521
Cash at bank and in hand 1,039,555 1,289,454
2,212,029 2,633,975
CREDITORS
Amounts falling due within one year 7 2,307,407 2,253,263
NET CURRENT (LIABILITIES)/ASSETS (95,378 ) 380,712
TOTAL ASSETS LESS CURRENT
LIABILITIES

918,966

1,210,671

CREDITORS
Amounts falling due after more than one
year

8

(497,905

)

(384,356

)

PROVISIONS FOR LIABILITIES 9 (253,566 ) (207,470 )
NET ASSETS 167,495 618,845

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 167,395 618,745
SHAREHOLDERS' FUNDS 167,495 618,845

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 December 2024 and were signed by:





M Ward - Director


BARBICAN LOGISTICS LIMITED (REGISTERED NUMBER: 06067402)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Barbican Logistics 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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 - 33% on cost, 25% on cost and 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

BARBICAN LOGISTICS LIMITED (REGISTERED NUMBER: 06067402)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


2. ACCOUNTING POLICIES - continued

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 profit or 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 43 (2022 - 40 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 1,659,274
Additions 476,581
Disposals (372,433 )
At 31 December 2023 1,763,422
DEPRECIATION
At 1 January 2023 829,393
Charge for year 264,855
Eliminated on disposal (345,092 )
At 31 December 2023 749,156
NET BOOK VALUE
At 31 December 2023 1,014,266
At 31 December 2022 829,881

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2023
and 31 December 2023 78
NET BOOK VALUE
At 31 December 2023 78
At 31 December 2022 78

BARBICAN LOGISTICS LIMITED (REGISTERED NUMBER: 06067402)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 511,508 845,330
Amounts owed by group undertakings 54,082 100,066
Other debtors 606,884 399,125
1,172,474 1,344,521

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 268,304 219,200
Trade creditors 263,657 237,219
Amounts owed to group undertakings 1,631,367 1,631,367
Taxation and social security 73,554 78,159
Other creditors 70,525 87,318
2,307,407 2,253,263

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 497,905 384,356

9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 253,566 207,470

Deferred
tax
£   
Balance at 1 January 2023 207,470
Provided during year 46,096
Balance at 31 December 2023 253,566

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

BARBICAN LOGISTICS LIMITED (REGISTERED NUMBER: 06067402)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


11. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Jayson Lawson (Senior Statutory Auditor)
for and on behalf of Ensors Accountants LLP

12. RELATED PARTY DISCLOSURES

During the year, various loans are made to other entities within the group controlled by Barbican Limited which is the parent entity of the company. To simplify the disclosure the company has prepared the table below showing the indebtedness of the other group entities as at the year end. Also to simplify the disclosure, all intercompany transactions are accounted for within a single balance for each entity. This means that as at the year end there are no intercompany balances within Other Creditors or Other Debtors relating to prepayments and accruals.

The balances disclosed below use the same naming order for the subsidiaries as per the Fixed Asset Investments note in the parent company's accounts barring the top row which is the parent company itself. Negative numbers denote a creditor in this company's accounts, positive numbers denote a debtor in this company's accounts


2023 2022
£ £

Barbican Limited (1,552,617 ) (1,573,837 )
Barbican Logistics GmbH - -
Barbican Logistics Ireland Limited - -
Barbican Logistics SL 40,767 95,506
Barbican Logistics ApS - -


In addition to the loans above there are arms length transactions between the entities during the year. These result in amounts owed to and from the group entities within Trade debtors and Trade creditors in the respective Notes earlier in these accounts. The amounts owed to and from each group member within those notes is as follows:


2023 2022
£ £

Barbican Limited (17,768 ) (17,768 )
Barbican Logistics GmbH 9,311 5,369
Barbican Logistics GmbH (9,091 ) (29,869 )
Barbican Logistics Ireland Limited 22,026 33,257
Barbican Logistics Ireland Limited (13,379 ) (32,953 )
Barbican Logistics SL 1,712 493
Barbican Logistics SL (1,595 ) (399 )
Barbican Logistics ApS 666 160
Barbican Logistics ApS - (869 )

BARBICAN LOGISTICS LIMITED (REGISTERED NUMBER: 06067402)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


13. ULTIMATE CONTROLLING PARTY

The controlling party is Barbican Limited.

The ultimate controlling party is M Ward.