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REGISTERED NUMBER: 00953148 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

BARKER BROS. BUILDERS LIMITED

BARKER BROS. BUILDERS LIMITED (REGISTERED NUMBER: 00953148)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BARKER BROS. BUILDERS LIMITED

COMPANY INFORMATION
for the year ended 30 April 2024







DIRECTORS: Mr L J Barker
Mrs M J Rogers
Miss B A Barker
Mrs A B McNaught



REGISTERED OFFICE: The Green
Downham Market
Norfolk
PE38 9DY



REGISTERED NUMBER: 00953148 (England and Wales)



ACCOUNTANTS: Sexty & Co
Chartered Certified Accountants
124 Thorpe Road
Norwich
Norfolk
NR1 1RS



SOLICITORS: Fraser Dawbarns
29 London Road
Downham Market
Norfolk
PE38 9AS

BARKER BROS. BUILDERS LIMITED (REGISTERED NUMBER: 00953148)

BALANCE SHEET
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 324,778 325,845
Investments 6 2,938 2,938
Investment property 7 1,911,799 1,911,799
2,239,515 2,240,582

CURRENT ASSETS
Stocks 900 900
Debtors 8 1,006,436 912,195
Cash at bank 297,560 313,689
1,304,896 1,226,784
CREDITORS
Amounts falling due within one year 9 94,007 127,222
NET CURRENT ASSETS 1,210,889 1,099,562
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,450,404

3,340,144

PROVISIONS FOR LIABILITIES 159,800 159,500
NET ASSETS 3,290,604 3,180,644

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 10 3,289,604 3,179,644
SHAREHOLDERS' FUNDS 3,290,604 3,180,644

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 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.

BARKER BROS. BUILDERS LIMITED (REGISTERED NUMBER: 00953148)

BALANCE SHEET - continued
30 April 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 22 January 2025 and were signed on its behalf by:





Mr L J Barker - Director


BARKER BROS. BUILDERS LIMITED (REGISTERED NUMBER: 00953148)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 April 2024

1. STATUTORY INFORMATION

Barker Bros. Builders 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents invoiced sales of goods and services and rents receivable, excluding value added tax.

Depreciation
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost (or deemed cost), less estimated residual value, of each asset evenly over its expected useful life, as follows:

Plant and equipment25% Straight Line
Motor vehicles25% Straight Line
Freehold trading propertyTo residual value

Investment property
Investment property is shown at fair value. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Land is stated in the accounts at cost.

Work in progress and finished goods - cost of direct materials and labour plus attributable overheads.

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.

BARKER BROS. BUILDERS LIMITED (REGISTERED NUMBER: 00953148)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2024

3. 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.

Investments
Investments held in listed shares are shown at fair value with any gains or losses on revaluation recognised within the income statement.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2023 318,122 128,513 446,635
Additions - 1,359 1,359
At 30 April 2024 318,122 129,872 447,994
DEPRECIATION
At 1 May 2023 - 120,790 120,790
Charge for year - 2,426 2,426
At 30 April 2024 - 123,216 123,216
NET BOOK VALUE
At 30 April 2024 318,122 6,656 324,778
At 30 April 2023 318,122 7,723 325,845

Upon transition to FRS 102, the previous freehold property valuation is held at cost.

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 May 2023
and 30 April 2024 2,938
NET BOOK VALUE
At 30 April 2024 2,938
At 30 April 2023 2,938

Cost or valuation at 30 April 2024 is represented by:

Other
investments
£   
Valuation in 2024 2,938

BARKER BROS. BUILDERS LIMITED (REGISTERED NUMBER: 00953148)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2024

7. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 1,911,799
NET BOOK VALUE
At 30 April 2024 1,911,799
At 30 April 2023 1,911,799

An independent member of the Royal Association of Chartered Surveyors valued the property in 2017 based on future expected rental income. This is reviewed annually by the directors to ensure investment property is shown at fair value.

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2004 1,033,766
Cost 878,033
1,911,799

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 21,721 13,826
Amounts owed by group undertakings 913,929 841,635
Other debtors 70,786 56,734
1,006,436 912,195

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 4,892 48,175
Taxation and social security 34,793 24,187
Other creditors 54,322 54,860
94,007 127,222

10. RESERVES

Included within retained earnings is £1,079,385 of non distributable reserves.

11. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Barker Bros (Downham Market) Group Limited, which has the same registered office address.