Company Registration No. 08156372 (England and Wales)
BARNSLEY FOOD AND WINE LIMITED
Unaudited accounts
for the year ended 31 August 2024
BARNSLEY FOOD AND WINE LIMITED
Statement of financial position
as at 31 August 2024
Tangible assets
151,657
152,809
Cash at bank and in hand
15,687
17,987
Creditors: amounts falling due within one year
(62,471)
(51,178)
Net current assets
29,923
26,323
Total assets less current liabilities
181,580
179,132
Creditors: amounts falling due after more than one year
(169,701)
(169,159)
Called up share capital
1
1
Profit and loss account
11,878
9,972
Shareholders' funds
11,879
9,973
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 5 November 2024 and were signed on its behalf by
Datinder SINGH
Director
Company Registration No. 08156372
BARNSLEY FOOD AND WINE LIMITED
Notes to the Accounts
for the year ended 31 August 2024
BARNSLEY FOOD AND WINE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08156372. The registered office is 2 PEARSON CRESCENT, WOMBWELL, BARNSLEY, S73 8SN.
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.
These financial statements for the year ended 31 August 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2023
150,959
4,699
2,771
1,058
159,487
At 31 August 2024
150,959
4,699
2,771
1,058
159,487
At 1 September 2023
-
2,817
3,633
228
6,678
Charge for the year
-
940
-
212
1,152
At 31 August 2024
-
3,757
3,633
440
7,830
At 31 August 2024
150,959
942
(862)
618
151,657
At 31 August 2023
150,959
1,882
(862)
830
152,809
BARNSLEY FOOD AND WINE LIMITED
Notes to the Accounts
for the year ended 31 August 2024
5
Creditors: amounts falling due within one year
2024
2023
Trade creditors
40,345
34,714
Taxes and social security
1,882
1,036
Loans from directors
19,731
15,151
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
113,848
135,031
Loans from directors
55,853
34,128
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).