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REGISTERED NUMBER: 05909758 (England and Wales)















Unaudited Financial Statements

for the Year Ended

31 December 2024

for

Barrett Corp & Harrington Limited

Barrett Corp & Harrington Limited (Registered number: 05909758)

Contents of the Financial Statements
for the Year Ended 31 December 2024










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Barrett Corp & Harrington Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: M Barrett
M A Briggs
J Treweke
J Price





SECRETARY: J Price





REGISTERED OFFICE: Charnwood House
Harcourt Way
Meridian Business Park
Leicestershire
LE19 1WP





REGISTERED NUMBER: 05909758 (England and Wales)





ACCOUNTANTS: The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Barrett Corp & Harrington Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Barrett Corp & Harrington Limited for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Barrett Corp & Harrington Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Barrett Corp & Harrington Limited and state those matters that we have agreed to state to the Board of Directors of Barrett Corp & Harrington Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Barrett Corp & Harrington Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Barrett Corp & Harrington Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Barrett Corp & Harrington Limited. You consider that Barrett Corp & Harrington Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Barrett Corp & Harrington Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP


13 March 2025

Barrett Corp & Harrington Limited (Registered number: 05909758)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 75,123 85,856

CURRENT ASSETS
Debtors 5 874,751 881,628
Cash at bank 375,293 238,486
1,250,044 1,120,114
CREDITORS
Amounts falling due within one year 6 825,144 711,828
NET CURRENT ASSETS 424,900 408,286
TOTAL ASSETS LESS CURRENT
LIABILITIES

500,023

494,142

CREDITORS
Amounts falling due after more than
one year

7

(941

)

(4,796

)

PROVISIONS FOR LIABILITIES (12,711 ) (14,831 )
NET ASSETS 486,371 474,515

CAPITAL AND RESERVES
Called up share capital 8 80 82
Share premium 32,136 32,136
Capital redemption reserve 74 72
Retained earnings 454,081 442,225
486,371 474,515

Barrett Corp & Harrington Limited (Registered number: 05909758)

Balance Sheet - continued
31 December 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 13 March 2025 and were signed on its behalf by:




M A Briggs - Director J Price - Director




J Treweke - Director


Barrett Corp & Harrington Limited (Registered number: 05909758)

Notes to the Financial Statements
for the Year Ended 31 December 2024


1. STATUTORY INFORMATION

Barrett Corp & Harrington 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.

Significant judgements and estimates
Contract work in progress

The valuation of work in progress on contracts, is based on management's judgement as to the stage of completion of significant contracts in progress at the year end. For all other contracts in progress, management apply an average completion percentage of 50%.

Turnover
Turnover represents net invoiced sales of services provided, adjusted for revenue due from work in progress, to the extent that the economic benefits will flow to the company and the revenue can be reliably measured, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 25% reducing balance
Fixtures and fittings - 15% reducing balance
Computer equipment - 33% straight line basis

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.


Barrett Corp & Harrington Limited (Registered number: 05909758)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


2. ACCOUNTING POLICIES - continued
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.

Leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals payable under operating lease commitments are charged to the profit and loss account in the period to which they relate.

Pension costs and other post-retirement benefits
The company operates a defined contribution facility. Contributions payable are charged to the profit and loss account in the period to which they relate.

Operating leases
Rentals payable under operating lease commitments are charged to the profit and loss account in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 49 (2023 - 51 ) .

Barrett Corp & Harrington Limited (Registered number: 05909758)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 January 2024 35,627 36,098 174,772 246,497
Additions - 6,219 21,992 28,211
Disposals - - (8,000 ) (8,000 )
At 31 December 2024 35,627 42,317 188,764 266,708
DEPRECIATION
At 1 January 2024 11,096 18,090 131,455 160,641
Charge for year 6,133 3,348 26,963 36,444
Eliminated on disposal - - (5,500 ) (5,500 )
At 31 December 2024 17,229 21,438 152,918 191,585
NET BOOK VALUE
At 31 December 2024 18,398 20,879 35,846 75,123
At 31 December 2023 24,531 18,008 43,317 85,856

Fixed assets, included in the above, which are held under finance leases are as follows:
Computer
equipment
£   
COST
At 1 January 2024 19,951
Transfer to ownership (4,499 )
At 31 December 2024 15,452
DEPRECIATION
At 1 January 2024 7,740
Charge for year 6,435
Transfer to ownership (4,499 )
At 31 December 2024 9,676
NET BOOK VALUE
At 31 December 2024 5,776
At 31 December 2023 12,211

Barrett Corp & Harrington Limited (Registered number: 05909758)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 719,386 735,575
Amounts owed by group undertakings 6,300 -
Other debtors 149,065 146,053
874,751 881,628

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Finance leases 3,642 6,334
Trade creditors 97,997 74,057
Taxation and social security 524,639 469,247
Other creditors 198,866 162,190
825,144 711,828

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24 31.12.23
£    £   
Finance leases 941 4,796

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid

Number:

Class:

Nominal
Value:

31.12.24


31.12.23
£ £
7,996 Ordinary £0.01 79.96 79.96
1 A Ordinary £0.01 0.01 0.01
0 B Ordinary £0.01 0.00 1.88
1 C Ordinary £0.01 0.01 0.01
1 D Ordinary £0.01 0.01 0.01
1 E Ordinary £0.01 0.01 0.01
1 F Ordinary £0.01 0.01 0.01
1 G Ordinary £0.01 0.01 0.01
1 H Ordinary £0.01 0.01 0.01
8,003 80.03 81.91

9. OTHER FINANCIAL COMMITMENTS

Total financial commitments,guarantees and contingencies which are not included in the balance sheet amount to £107,799 (2023 £76,431).

Barrett Corp & Harrington Limited (Registered number: 05909758)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


10. ULTIMATE PARENT COMPANY

The company is a subsidiary of T & B Group Limited incorporated in England and Wales.