C. & H. (BARTON) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31ST AUGUST 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Accountants' Report

8

DIRECTORS:

S E Hill

A Hill

SECRETARY:

S E Hill

REGISTERED OFFICE:

First Floor, Woburn Court

2 Railton Road

Woburn Road Industrial Estate, Kempston

Bedford

Bedfordshire

MK42 7PN

REGISTERED NUMBER:

00607738 (England and Wales)

ACCOUNTANTS:

HW Bedford Limited

Trading as Haines Watts

First Floor, Woburn Court

2 Railton Road

Woburn Rd Ind Est

Kempston

Bedfordshire

MK42 7PN

FIXED ASSETS

Tangible assets

4

192,785

178,592

CURRENT ASSETS

Stocks

90,526

99,242

Debtors

5

140,584

172,222

Cash at bank and in hand

80,757

69,079

311,867

340,543

CREDITORS

Amounts falling due within one year

6

364,664

329,508

NET CURRENT (LIABILITIES)/ASSETS

(52,797

)

11,035

TOTAL ASSETS LESS CURRENT LIABILITIES

139,988

189,627

CREDITORS

Amounts falling due after more than one year

7

(16,146

)

(25,416

)

PROVISIONS FOR LIABILITIES

(13,697

)

(15,115

)

NET ASSETS

110,145

149,096

CAPITAL AND RESERVES

Called up share capital

110

110

Retained earnings

110,035

148,986

SHAREHOLDERS' FUNDS

110,145

149,096

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7th April 2025 and were signed on its behalf by:

A Hill - Director

1.	STATUTORY INFORMATION

C. & H. (Barton) 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 financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover

Turnover represents net sales in the shop excluding value added tax and including prescriptions.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

5% on reducing balance

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

Straight line over 3 years

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2023 - 23 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1st September 2023

64,542

83,753

7,764

Additions

-

21,849

-

At 31st August 2024

64,542

105,602

7,764

DEPRECIATION

At 1st September 2023

-

31,453

761

Charge for year

-

3,434

701

At 31st August 2024

-

34,887

1,462

NET BOOK VALUE

At 31st August 2024

64,542

70,715

6,302

At 31st August 2023

64,542

52,300

7,003

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1st September 2023

130,512

11,575

-

298,146

Additions

850

-

1,833

24,532

At 31st August 2024

131,362

11,575

1,833

322,678

DEPRECIATION

At 1st September 2023

76,814

10,526

-

119,554

Charge for year

5,438

262

504

10,339

At 31st August 2024

82,252

10,788

504

129,893

NET BOOK VALUE

At 31st August 2024

49,110

787

1,329

192,785

At 31st August 2023

53,698

1,049

-

178,592

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/24

31/8/23

£

£

Trade debtors

92,981

105,774

Other debtors

2,045

2,194

Tax

964

-

VAT

32,297

32,485

Prepayments and accrued income

12,297

31,769

140,584

172,222

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/24

31/8/23

£

£

Bank loans and overdrafts

9,276

8,815

Other loans

22,998

-

Trade creditors

197,352

197,751

Corporation tax

-

5,089

Shareholder loan

75,621

88,703

Pension fund

710

348

Directors' current accounts

44,992

23,031

Accruals and deferred income

13,715

5,771

364,664

329,508

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/8/24

31/8/23

£

£

Bank loans

16,146

25,416

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31/8/24

31/8/23

£

£

Within one year

13,878

8,506

Between one and five years

43,142

24,100

In more than five years

3,837

-

60,857

32,606

9.	SECURED DEBTS

The following secured debts are included within creditors:

31/8/24

31/8/23

£

£

Bank loans

25,422

34,231

The bank loan is secured by a fixed charge over the company's freehold premises and land.

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 Statement of Comprehensive Income 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 C. & H. (Barton) Limited for the year ended 31st August 2024 which comprise the Statement of Comprehensive Income, 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 C. & H. (Barton) 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 C. & H. (Barton) Limited and state those matters that we have agreed to state to the Board of Directors of C. & H. (Barton) 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 C. & H. (Barton) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that C. & H. (Barton) 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 C. & H. (Barton) Limited. You consider that C. & H. (Barton) 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 C. & H. (Barton) 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.

HW Bedford Limited

Trading as Haines Watts

First Floor, Woburn Court

2 Railton Road

Woburn Rd Ind Est

Kempston

Bedfordshire

MK42 7PN

7th April 2025