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REGISTERED NUMBER: 08499558 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

SMOKING BARREL LIMITED

SMOKING BARREL LIMITED (REGISTERED NUMBER: 08499558)

Contents of the Financial Statements
for the Year Ended 30 April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SMOKING BARREL LIMITED

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Miss N Khan





REGISTERED OFFICE: The Chestnuts
Brewers End
Takeley
Essex
CM22 6QJ





REGISTERED NUMBER: 08499558 (England and Wales)





ACCOUNTANTS: Allium Wood Limited
Chartered Certified Accountants
The Chestnuts
Brewers End
Takeley
Essex
CM22 6QJ

SMOKING BARREL LIMITED (REGISTERED NUMBER: 08499558)

Balance Sheet
30 April 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 4,789 6,879

CURRENT ASSETS
Debtors 5 29,059 55,764
Cash at bank 62,646 4,003
91,705 59,767
CREDITORS
Amounts falling due within one year 6 (89,571 ) (52,100 )
NET CURRENT ASSETS 2,134 7,667
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,923

14,546

CREDITORS
Amounts falling due after more than one year 7 (5,500 ) (10,157 )

PROVISIONS FOR LIABILITIES (1,197 ) (1,720 )
NET ASSETS 226 2,669

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 126 2,569
SHAREHOLDERS' FUNDS 226 2,669

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 director and authorised for issue on 10 December 2024 and were signed by:



Miss N Khan - Director


SMOKING BARREL LIMITED (REGISTERED NUMBER: 08499558)

Notes to the Financial Statements
for the Year Ended 30 April 2024


1. STATUTORY INFORMATION

Smoking Barrel 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.

The presentation currency is £ sterling.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

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 reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

SMOKING BARREL LIMITED (REGISTERED NUMBER: 08499558)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 18,115
DEPRECIATION
At 1 May 2023 11,236
Charge for year 2,090
At 30 April 2024 13,326
NET BOOK VALUE
At 30 April 2024 4,789
At 30 April 2023 6,879

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 10,217 55,668
Other debtors 18,842 96
29,059 55,764

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 4,277 4,162
Trade creditors 128 347
Taxation and social security 85,166 46,429
Other creditors - 1,162
89,571 52,100

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 5,500 10,157

SMOKING BARREL LIMITED (REGISTERED NUMBER: 08499558)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

2024 2023
£    £   
Miss N Khan
Balance outstanding at start of year - 7,723
Amounts advanced 14,016 -
Amounts repaid - (7,723 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 14,016 -

The advances made during the year were repayable on demand with interest charged at 2.00% (2023 - 2.00%) per annum.