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Company Registration No. 13389447 (England and Wales)
Bars Incorporated Limited Unaudited accounts for the year ended 31 May 2024
Bars Incorporated Limited Unaudited accounts Contents
Page
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Bars Incorporated Limited Company Information for the year ended 31 May 2024
Directors
Stephen Davies Stephanie Davies
Company Number
13389447 (England and Wales)
Registered Office
Unit 24 Woodacre Farm Warrington Road Lymm WA13 9BT England
Accountants
7PDS Accountancy Services Limited 20 Maiden Close Skelmersdale Skelmersdale LANCASHIRE WN8 8JL
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Bars Incorporated Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
28,897 
38,486 
Current assets
Inventories
42,984 
8,580 
Debtors
53 
- 
Cash at bank and in hand
17,031 
23,397 
60,068 
31,977 
Creditors: amounts falling due within one year
(93,904)
(74,190)
Net current liabilities
(33,836)
(42,213)
Net liabilities
(4,939)
(3,727)
Capital and reserves
Profit and loss account
(4,939)
(3,727)
Shareholders' funds
(4,939)
(3,727)
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 12 February 2025 and were signed on its behalf by
Stephen Davies Director Company Registration No. 13389447
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Bars Incorporated Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Bars Incorporated Limited is a private company, limited by shares, registered in England and Wales, registration number 13389447. The registered office is Unit 24 Woodacre Farm, Warrington Road, Lymm, WA13 9BT, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Other tangible fixed assets
20%
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 June 2023
48,075 
At 31 May 2024
48,075 
Depreciation
At 1 June 2023
9,589 
Charge for the year
9,589 
At 31 May 2024
19,178 
Net book value
At 31 May 2024
28,897 
At 31 May 2023
38,486 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
53 
- 
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Bars Incorporated Limited Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
24,073 
4,913 
Taxes and social security
3,844 
1,714 
Other creditors
(6,422)
154 
Loans from directors
72,409 
67,409 
93,904 
74,190 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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