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Company Registration No. 10217066 (England and Wales)
Barrier Wing Group Limited Unaudited accounts for the year ended 30 June 2024
Barrier Wing Group Limited Unaudited accounts Contents
Page
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Barrier Wing Group Limited Company Information for the year ended 30 June 2024
Directors
I R Khan U Khan
Company Number
10217066 (England and Wales)
Registered Office
32 Oakwood Avenue Southall Middlesex UB1 3QD United Kingdom
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Barrier Wing Group Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
368 
2,934 
Current assets
Debtors
79,804 
67,944 
Cash at bank and in hand
90,018 
155,155 
169,822 
223,099 
Creditors: amounts falling due within one year
(95,630)
(104,289)
Net current assets
74,192 
118,810 
Total assets less current liabilities
74,560 
121,744 
Creditors: amounts falling due after more than one year
(11,257)
(21,906)
Net assets
63,303 
99,838 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
63,203 
99,738 
Shareholders' funds
63,303 
99,838 
For the year ending 30 June 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 17 March 2025 and were signed on its behalf by
I R Khan Director Company Registration No. 10217066
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Barrier Wing Group Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Barrier Wing Group Limited is a private company, limited by shares, registered in England and Wales, registration number 10217066. The registered office is 32 Oakwood Avenue, Southall, Middlesex, UB1 3QD, United Kingdom.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
25% on cost
Computer equipment
25% on cost
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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Barrier Wing Group Limited Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 July 2023
13,206 
Additions
491 
At 30 June 2024
13,697 
Depreciation
At 1 July 2023
10,272 
Charge for the year
3,057 
At 30 June 2024
13,329 
Net book value
At 30 June 2024
368 
At 30 June 2023
2,934 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
79,471 
67,611 
Accrued income and prepayments
333 
333 
79,804 
67,944 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
11,243 
10,594 
VAT
18,775 
20,380 
Trade creditors
20,431 
33,080 
Taxes and social security
15,306 
9,944 
Other creditors
6,013 
5,291 
Loans from directors
23,862 
25,000 
95,630 
104,289 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
11,257 
21,906 
8
Transactions with related parties
During the year dividends of £26,010 (2023: £25,500) and £24,990 (2023: £24,500) were distributed to Mr I R Khan and Mrs I U Khan respectively. Included in other creditors are the amounts of £9,656 (2023: £12,750) and £14,206 (2023: £12,250) owed to Mr I R Khan & Mrs I U Khan respectively.
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Barrier Wing Group Limited Notes to the Accounts for the year ended 30 June 2024
9
Average number of employees
During the year the average number of employees was 8 (2023: 16).
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