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Company Registration No. 09739461 (England and Wales)
Baarik Traders Ltd Unaudited accounts for the year ended 31 August 2024
Baarik Traders Ltd Unaudited accounts Contents
Page
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Baarik Traders Ltd Company Information for the year ended 31 August 2024
Director
Ansar Abbas
Company Number
09739461 (England and Wales)
Registered Office
20-22 High Road Chadwell Heath RM6 6PR ENGLAND
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Baarik Traders Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
1,795 
2,189 
Tangible assets
2,383 
2,906 
4,178 
5,095 
Current assets
Inventories
5,986 
5,695 
Cash at bank and in hand
3,025 
1,245 
9,011 
6,940 
Creditors: amounts falling due within one year
(13,506)
(2,156)
Net current (liabilities)/assets
(4,495)
4,784 
Total assets less current liabilities
(317)
9,879 
Creditors: amounts falling due after more than one year
(30,000)
(35,552)
Net liabilities
(30,317)
(25,673)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(30,417)
(25,773)
Shareholders' funds
(30,317)
(25,673)
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 27 May 2025 and were signed on its behalf by
Ansar Abbas Director Company Registration No. 09739461
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Baarik Traders Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Baarik Traders Ltd is a private company, limited by shares, registered in England and Wales, registration number 09739461. The registered office is 20-22 High Road, Chadwell Heath, RM6 6PR, ENGLAND.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 the rate of 18% in order to write off the assets over their estimated useful lives:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation at the rate 0f 18% using Reducing balance method.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 September 2023
3,256 
At 31 August 2024
3,256 
Amortisation
At 1 September 2023
1,067 
Charge for the year
394 
At 31 August 2024
1,461 
Net book value
At 31 August 2024
1,795 
At 31 August 2023
2,189 
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Baarik Traders Ltd Notes to the Accounts for the year ended 31 August 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 September 2023
756 
2,200 
2,745 
463 
6,164 
At 31 August 2024
756 
2,200 
2,745 
463 
6,164 
Depreciation
At 1 September 2023
248 
1,384 
1,335 
291 
3,258 
Charge for the year
91 
147 
254 
31 
523 
At 31 August 2024
339 
1,531 
1,589 
322 
3,781 
Net book value
At 31 August 2024
417 
669 
1,156 
141 
2,383 
At 31 August 2023
508 
816 
1,410 
172 
2,906 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
4,200 
- 
Taxes and social security
2,950 
2,156 
Other creditors
6,356 
- 
13,506 
2,156 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
30,000 
35,552 
8
Average number of employees
During the year the average number of employees was 2 (2023: 3).
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