BARNET WELDING LTD

Company Registration Number:
09677326 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

BARNET WELDING LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

BARNET WELDING LTD

Company Information

for the Period Ended 31 July 2024




Director: Ivan Ivanov
Registered office: 9
Oakleigh Close
London
GBR
N20 0RT
Company Registration Number: 09677326 (England and Wales)

BARNET WELDING LTD

Directors' Report Period Ended 31 July 2024

The directors present their report with the financial statements of the company for the period ended 31 July 2024

Directors

The directors shown below have held office during the whole of the period from 01 August 2023 to 31 July 2024
Ivan Ivanov

This report was approved by the board of directors on 29 April 2025
And Signed On Behalf Of The Board By:

Name: Ivan Ivanov
Status: Director

BARNET WELDING LTD

Profit and Loss Account

for the Period Ended 31 July 2024


Notes

2024
£

2023
£
Turnover 41,007 46,215
Cost of sales ( 22,740 ) ( 23,997 )
Gross Profit or (Loss) 18,267 22,218
Administrative Expenses ( 17,319 ) ( 18,340 )
Operating Profit or (Loss) 948 3,878
Profit or (Loss) Before Tax 948 3,878
Tax on Profit ( 180 ) -
Profit or (Loss) for Period 768 3,878

The notes form part of these financial statements

BARNET WELDING LTD

Balance sheet

As at 31 July 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 3,514 4,174
Total fixed assets: 3,514 4,174
Current assets
Debtors: 5 1,822
Total current assets: 1,822
Creditors: amounts falling due within one year: 6 ( 11,425 ) ( 18,071 )
Net current assets (liabilities): ( 11,425 ) ( 16,249 )
Total assets less current liabilities: ( 7,911 ) ( 12,075 )
Creditors: amounts falling due after more than one year: 7 ( 3,862 ) ( 5,926 )
Accruals and deferred income: ( 5,360 )
Total net assets (liabilities): ( 17,133 ) ( 18,001 )

The notes form part of these financial statements

BARNET WELDING LTD

Balance sheet continued

As at 31 July 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 17,233 ) ( 18,101 )
Shareholders funds: ( 17,133 ) ( 18,001 )

For the year ending 31 July 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 29 April 2025
And Signed On Behalf Of The Board By:

Name: Ivan Ivanov
Status: Director

The notes form part of these financial statements

BARNET WELDING LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

BARNET WELDING LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

BARNET WELDING LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 3. Off balance sheet disclosure

    No

BARNET WELDING LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Tangible assets

Motor vehicles Total
Cost £ £
At 01 August 2023 4,174 4,174
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 July 2024 4,174 4,174
Depreciation
At 01 August 2023 - -
Charge for year 660 660
On disposals - -
Other adjustments - -
At 31 July 2024 660 660
Net book value
At 31 July 2024 3,514 3,514
At 31 July 2023 4,174 4,174

BARNET WELDING LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Debtors


2024
£

2023
£
Trade debtors 1,822
Total 1,822

BARNET WELDING LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 9,600
Taxation and social security 11,425
Other creditors 8,471
Total 11,425 18,071

BARNET WELDING LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 3,862 5,926
Total 3,862 5,926