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REGISTERED NUMBER: 07196196 (England and Wales)











Financial Statements

for the Year Ended 30 June 2024

for

BARKSDALE STANFIELD LIMITED

BARKSDALE STANFIELD LIMITED (REGISTERED NUMBER: 07196196)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BARKSDALE STANFIELD LIMITED

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mrs S J Collins
Mr G M Collins





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: 07196196 (England and Wales)





ACCOUNTANTS: Jeff Lermer & Associates
Chartered Accountants
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY

BARKSDALE STANFIELD LIMITED (REGISTERED NUMBER: 07196196)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 48,731 1,047

CURRENT ASSETS
Debtors 5 132,414 -
Cash at bank 125,333 109,289
257,747 109,289
CREDITORS
Amounts falling due within one year 6 99,532 38,736
NET CURRENT ASSETS 158,215 70,553
TOTAL ASSETS LESS CURRENT
LIABILITIES

206,946

71,600

CREDITORS
Amounts falling due after more than one year 7 36,016 -
NET ASSETS 170,930 71,600

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 170,928 71,598
SHAREHOLDERS' FUNDS 170,930 71,600

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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 June 2025 and were signed on its behalf by:





Mr G M Collins - Director


BARKSDALE STANFIELD LIMITED (REGISTERED NUMBER: 07196196)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Barksdale Stanfield 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 July 2023 - 1,732 1,732
Additions 57,635 - 57,635
At 30 June 2024 57,635 1,732 59,367
DEPRECIATION
At 1 July 2023 - 685 685
Charge for year 9,606 345 9,951
At 30 June 2024 9,606 1,030 10,636
NET BOOK VALUE
At 30 June 2024 48,029 702 48,731
At 30 June 2023 - 1,047 1,047

BARKSDALE STANFIELD LIMITED (REGISTERED NUMBER: 07196196)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other debtors 33,413 -
Directors' current accounts 99,001 -
132,414 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Hire purchase contracts 3,971 -
Tax 76,960 23,631
VAT 9,676 10,190
Accrued expenses 8,925 4,915
99,532 38,736

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.24 30.6.23
£    £   
Hire purchase contracts 36,016 -

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

30.6.24 30.6.23
£    £   
Mr G M Collins
Balance outstanding at start of year - -
Amounts advanced 198,683 -
Amounts repaid (99,682 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 99,001 -

As at the balance sheet date, the director’s loan account was overdrawn by £(99,001) (2023: £Nil). During the period interest of £2,025 was charged at 2.25% on the overdrawn balance.