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REGISTERED NUMBER: 09498560 (England and Wales)

























Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Bardonrich Ltd

Bardonrich Ltd (Registered number: 09498560)






Contents of the Financial Statements
for the year ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

Bardonrich Ltd

Company Information
for the year ended 30 June 2024







DIRECTORS: R Watkin
D W Bircham
B Horne
Miss C Alty





REGISTERED OFFICE: Maesgwyn Hall
Mold Road
Wrexham
Wrexham
LL11 2AF





REGISTERED NUMBER: 09498560 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
Chartered Accountants
Suite 1, First Floor
Coachworks Arcade
Northgate Street
Chester
Cheshire
CH1 2EY

Bardonrich Ltd (Registered number: 09498560)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,552,432 2,016,049

CURRENT ASSETS
Stocks 93,500 104,500
Debtors 5 215,889 108,485
Cash at bank and in hand 251,080 152,425
560,469 365,410
CREDITORS
Amounts falling due within one year 6 720,895 698,572
NET CURRENT LIABILITIES (160,426 ) (333,162 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,392,006 1,682,887

CREDITORS
Amounts falling due after more than one year 7 (231,008 ) (261,785 )

PROVISIONS FOR LIABILITIES (83,680 ) (188,715 )
NET ASSETS 1,077,318 1,232,387

CAPITAL AND RESERVES
Called up share capital 100 100
Share premium 19,990 19,990
Retained earnings 1,057,228 1,212,297
SHAREHOLDERS' FUNDS 1,077,318 1,232,387

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 20 March 2025 and were signed on its behalf by:





R Watkin - Director


Bardonrich Ltd (Registered number: 09498560)

Notes to the Financial Statements
for the year ended 30 June 2024

1. STATUTORY INFORMATION

Bardonrich Ltd 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 of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

The policies adopted for the recognition of turnover are as follows:

Sale of goods
Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on dispatch of the goods.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use.

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

Improvements to property - 5% straight line
Plant and machinery - 25% straight line

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Bardonrich Ltd (Registered number: 09498560)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

2. ACCOUNTING POLICIES - continued

Share capital
Ordinary shares are classed as equity.

Short term debtors and creditors

Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Cash and cash equivalents

Cash and cash equivalents includes cash in hand, cash held with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Loans and borrowings

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 112 (2023 - 103 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery Totals
£    £    £    £   
COST
At 1 July 2023 362,748 1,943,105 762,976 3,068,829
Additions 395 48,685 51,083 100,163
Disposals (363,143 ) - (56,256 ) (419,399 )
At 30 June 2024 - 1,991,790 757,803 2,749,593
DEPRECIATION
At 1 July 2023 25,122 454,076 573,582 1,052,780
Charge for year - 99,590 94,783 194,373
Eliminated on disposal (25,122 ) - (24,870 ) (49,992 )
At 30 June 2024 - 553,666 643,495 1,197,161
NET BOOK VALUE
At 30 June 2024 - 1,438,124 114,308 1,552,432
At 30 June 2023 337,626 1,489,029 189,394 2,016,049

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 37,087 19,488
Other debtors 12,369 2,500
Due from related parties 68,660 -
Prepayments 97,773 86,497
215,889 108,485

Bardonrich Ltd (Registered number: 09498560)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 33,517 29,923
Trade creditors 347,785 324,634
Tax 55,319 53,791
Social security & other taxes 30,497 21,372
VAT 120,996 147,073
Other creditors 98,540 76,716
Directors' current accounts 8,399 10,002
Accrued expenses 25,842 35,061
720,895 698,572

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 35,318 31,576
Bank loans - 2-5 years 86,465 85,973
Bank loans more 5 yr by instal 109,225 144,236
231,008 261,785

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 109,225 144,236

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Bardonrich Ltd

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 Bardonrich Ltd for the year ended 30 June 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity 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 Bardonrich Ltd, 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 Bardonrich Ltd and state those matters that we have agreed to state to the Board of Directors of Bardonrich Ltd, 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 Bardonrich Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Bardonrich Ltd 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 loss of Bardonrich Ltd. You consider that Bardonrich Ltd 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 Bardonrich Ltd. 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.






Bennett Brooks & Co Ltd
Chartered Accountants
Suite 1, First Floor
Coachworks Arcade
Northgate Street
Chester
Cheshire
CH1 2EY


20 March 2025