Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activity2023-06-01false22falsetrue 09040765 2023-06-01 2024-05-31 09040765 2022-06-01 2023-05-31 09040765 2024-05-31 09040765 2023-05-31 09040765 c:Director1 2023-06-01 2024-05-31 09040765 c:Director2 2023-06-01 2024-05-31 09040765 c:RegisteredOffice 2023-06-01 2024-05-31 09040765 d:FreeholdInvestmentProperty 2024-05-31 09040765 d:FreeholdInvestmentProperty 2023-05-31 09040765 d:CurrentFinancialInstruments 2024-05-31 09040765 d:CurrentFinancialInstruments 2023-05-31 09040765 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 09040765 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 09040765 d:ShareCapital 2024-05-31 09040765 d:ShareCapital 2023-05-31 09040765 d:RetainedEarningsAccumulatedLosses 2024-05-31 09040765 d:RetainedEarningsAccumulatedLosses 2023-05-31 09040765 c:FRS102 2023-06-01 2024-05-31 09040765 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 09040765 c:AbridgedAccounts 2023-06-01 2024-05-31 09040765 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure
Company registration number: 09040765







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MAY 2024


CHAPMAN BARLEY LIMITED






































img415e.png                        

 


CHAPMAN BARLEY LIMITED
 


 
COMPANY INFORMATION


Directors
P S Chapman 
L C Chapman 




Registered number
09040765



Registered office
Sacombebury Stables
Sacombe Park

Ware

SG12 0JA




Accountants
Menzies LLP
Chartered Accountants

Richmond House

Walkern Road

Stevenage

SG1 3QP





 


CHAPMAN BARLEY LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 5


 


CHAPMAN BARLEY LIMITED
REGISTERED NUMBER:09040765



STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
  
114,684
114,684

  
114,684
114,684

Current assets
  

Debtors
  
1,005
6,041

  
1,005
6,041

Creditors: amounts falling due within one year
 6 
(60,289)
(71,201)

Net current liabilities
  
 
 
(59,284)
 
 
(65,160)

Total assets less current liabilities
  
55,400
49,524

Net assets
  
55,400
49,524


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
55,300
49,424

  
55,400
49,524


Page 1

 


CHAPMAN BARLEY LIMITED
REGISTERED NUMBER:09040765


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
P S Chapman
Director

Date: 11 February 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 


CHAPMAN BARLEY LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Chapman Barley 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 in the financial statement is the Pound Sterling (£).

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

  
2.3

Revenue recognition

Rental income is recognised on a straight line basis over the year in which the rental relates.

Page 3

 


CHAPMAN BARLEY LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
2.5

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.6

Financial instruments

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 4

 


CHAPMAN BARLEY LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

4.


Investment property


Freehold investment property

£



Valuation


At 1 June 2023
114,684



At 31 May 2024
114,684

The 2024 valuations were made by the directors, on an open market value for existing use basis.





5.


Debtors

2024
2023
£
£


Other debtors
1,005
6,041

1,005
6,041



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
1,322
1,560

Other taxation and social security
-
322

Other creditors
57,967
68,319

Accruals and deferred income
1,000
1,000

60,289
71,201



7.


Related party transactions

At the balance sheet date the company owed £57,967 (2023: £68,319) to the directors. The balance can be found within creditors due within one year. No interest is being charged on this loan.

 
Page 5