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REGISTERED NUMBER: 10039028 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

BARKER WILKINSON LIMITED

BARKER WILKINSON LIMITED (REGISTERED NUMBER: 10039028)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BARKER WILKINSON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: K D Barker FCA
C J Wilkinson FCCA





REGISTERED OFFICE: 19-21 Middle Row
Stevenage
Hertfordshire
SG1 3AW





REGISTERED NUMBER: 10039028 (England and Wales)






BARKER WILKINSON LIMITED (REGISTERED NUMBER: 10039028)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 64,000 96,000
Tangible assets 5 2,212 3,100
66,212 99,100

CURRENT ASSETS
Debtors 6 109,692 118,107
Cash at bank and in hand 379,559 371,678
489,251 489,785
CREDITORS
Amounts falling due within one year 7 99,199 134,941
NET CURRENT ASSETS 390,052 354,844
TOTAL ASSETS LESS CURRENT
LIABILITIES

456,264

453,944

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 456,164 453,844
456,264 453,944

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.

BARKER WILKINSON LIMITED (REGISTERED NUMBER: 10039028)

BALANCE SHEET - continued
30 JUNE 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 March 2025 and were signed on its behalf by:




K D Barker - Director



C J Wilkinson FCCA - Director


BARKER WILKINSON LIMITED (REGISTERED NUMBER: 10039028)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Barker Wilkinson 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.

The directors have assessed various factors and risks affecting the company and its ability in these difficult economic times to continue to trade as a going concern. The directors have not identified any material uncertainties or risks related to events or conditions that could affect the carrying values of the company's assets and liabilities as at the balance sheet date. Therefore the financial statements for the period ended 30th June 2024 have been prepared using the going concern basis of accounting.

Significant judgements and estimates
In the application of the company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from those estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

Turnover
Turnover represents invoiced time costs incurred on clients affairs stated net of VAT.

Time costs not invoiced at the year end are recognised within turnover and as amounts due under contracts.

Goodwill
Goodwill arising upon the acquisition of a practice on 1st July 2016 is amortised over a useful life of a maximum of ten years as the directors are unable to estimate its useful life.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

BARKER WILKINSON LIMITED (REGISTERED NUMBER: 10039028)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
The directors consider all financial instruments to be basic financial instruments in accordance with paragraph 11 of FRS102.

Trade and other receivables and payables

Trade and other receivables and payables are measured at amortised cost which approximates to fair value given the short term nature of these assets and liabilities.

Trade receivables are valued at original invoice amount less an allowance for potentially un-collectable debts. Provision is made where there is objective evidence to suggest that the company will not be in a position to collect receivables as they fall due. Bad and Doubtful debts are written off in the profit and loss account on identification.

Cash and cash equivalents

Cash and cash equivalents comprise cash balances held for the purposes of meeting short-term cash commitments.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 7 ) .

BARKER WILKINSON LIMITED (REGISTERED NUMBER: 10039028)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 320,000
AMORTISATION
At 1 July 2023 224,000
Charge for year 32,000
At 30 June 2024 256,000
NET BOOK VALUE
At 30 June 2024 64,000
At 30 June 2023 96,000

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2023 6,199 11,654 17,853
Additions 449 318 767
At 30 June 2024 6,648 11,972 18,620
DEPRECIATION
At 1 July 2023 5,221 9,532 14,753
Charge for year 703 952 1,655
At 30 June 2024 5,924 10,484 16,408
NET BOOK VALUE
At 30 June 2024 724 1,488 2,212
At 30 June 2023 978 2,122 3,100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 61,208 69,947
Amounts recoverable under
contracts 32,053 30,870
Other debtors 3,850 3,850
Prepayments 12,581 13,440
109,692 118,107

BARKER WILKINSON LIMITED (REGISTERED NUMBER: 10039028)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,827 4,862
Corporation tax 59,443 51,014
Social security and other taxes 4,860 (334 )
VAT 28,348 32,837
Other creditors 295 288
Directors' current accounts - 40,000
Accrued expenses 2,426 6,274
99,199 134,941