IRIS Accounts Production v25.1.3.33 08986536 director 1.5.24 31.12.24 31.12.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh089865362024-04-30089865362024-12-31089865362024-05-012024-12-31089865362023-04-30089865362023-05-012024-04-30089865362024-04-3008986536ns15:EnglandWales2024-05-012024-12-3108986536ns14:PoundSterling2024-05-012024-12-3108986536ns10:Director12024-05-012024-12-3108986536ns10:PrivateLimitedCompanyLtd2024-05-012024-12-3108986536ns10:SmallEntities2024-05-012024-12-3108986536ns10:AuditExempt-NoAccountantsReport2024-05-012024-12-3108986536ns10:SmallCompaniesRegimeForDirectorsReport2024-05-012024-12-3108986536ns10:SmallCompaniesRegimeForAccounts2024-05-012024-12-3108986536ns10:FullAccounts2024-05-012024-12-3108986536ns10:OrdinaryShareClass12024-05-012024-12-3108986536ns10:RegisteredOffice2024-05-012024-12-3108986536ns5:CurrentFinancialInstruments2024-12-3108986536ns5:CurrentFinancialInstruments2024-04-3008986536ns5:Non-currentFinancialInstruments2024-12-3108986536ns5:Non-currentFinancialInstruments2024-04-3008986536ns5:ShareCapital2024-12-3108986536ns5:ShareCapital2024-04-3008986536ns5:RetainedEarningsAccumulatedLosses2024-12-3108986536ns5:RetainedEarningsAccumulatedLosses2024-04-3008986536ns5:PlantMachinery2024-05-012024-12-3108986536ns5:FurnitureFittings2024-05-012024-12-3108986536ns5:MotorVehicles2024-05-012024-12-3108986536ns5:ComputerEquipment2024-05-012024-12-3108986536ns5:LeaseholdImprovements2024-04-3008986536ns5:PlantMachinery2024-04-3008986536ns5:FurnitureFittings2024-04-3008986536ns5:LeaseholdImprovements2024-05-012024-12-3108986536ns5:LeaseholdImprovements2024-12-3108986536ns5:PlantMachinery2024-12-3108986536ns5:FurnitureFittings2024-12-3108986536ns5:LeaseholdImprovements2024-04-3008986536ns5:PlantMachinery2024-04-3008986536ns5:FurnitureFittings2024-04-3008986536ns5:MotorVehicles2024-04-3008986536ns5:ComputerEquipment2024-04-3008986536ns5:MotorVehicles2024-12-3108986536ns5:ComputerEquipment2024-12-3108986536ns5:MotorVehicles2024-04-3008986536ns5:ComputerEquipment2024-04-3008986536ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3108986536ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3008986536ns10:OrdinaryShareClass12024-12-31
REGISTERED NUMBER: 08986536 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MAY 2024 TO 31 DECEMBER 2024

FOR

B&R BARNES (KITCHEN & BEDROOMS) LIMITED

B&R BARNES (KITCHEN & BEDROOMS) LIMITED (REGISTERED NUMBER: 08986536)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MAY 2024 TO 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


B&R BARNES (KITCHEN & BEDROOMS) LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 MAY 2024 TO 31 DECEMBER 2024







DIRECTOR: P R Bruce





REGISTERED OFFICE: Clarence Street Chambers
32 Clarence Street
Southend-on-Sea
Essex
SS1 1BD





BUSINESS ADDRESS: 313 London Road
Westcliff-on-Sea
Essex
SS0 7BX





REGISTERED NUMBER: 08986536 (England and Wales)





ACCOUNTANTS: A.R. Lee & Co.
Chartered Accountants
Clarence Street Chambers
32 Clarence Street
Southend-on-Sea
Essex
SS1 1BD

B&R BARNES (KITCHEN & BEDROOMS) LIMITED (REGISTERED NUMBER: 08986536)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 30.4.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 10,823 13,054

CURRENT ASSETS
Stocks 5 24,140 23,898
Debtors 6 1,403 3,575
Cash at bank and in hand 34,860 32,198
60,403 59,671
CREDITORS
Amounts falling due within one year 7 80,722 94,593
NET CURRENT LIABILITIES (20,319 ) (34,922 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(9,496

)

(21,868

)

CREDITORS
Amounts falling due after more than one
year

8

84,708

92,674
NET LIABILITIES (94,204 ) (114,542 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (94,304 ) (114,642 )
SHAREHOLDERS' FUNDS (94,204 ) (114,542 )

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

B&R BARNES (KITCHEN & BEDROOMS) LIMITED (REGISTERED NUMBER: 08986536)

BALANCE SHEET - continued
31 DECEMBER 2024


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 director and authorised for issue on 9 June 2025 and were signed by:





P R Bruce - Director


B&R BARNES (KITCHEN & BEDROOMS) LIMITED (REGISTERED NUMBER: 08986536)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MAY 2024 TO 31 DECEMBER 2024

1. STATUTORY INFORMATION

B&R Barnes (Kitchen & Bedrooms) 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 (£).


The accounting period has been shortened as the company shortened the year end to match it's franchise company, therefore the comparatives are not entirely comparable.

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.
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period 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 period 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.

B&R BARNES (KITCHEN & BEDROOMS) LIMITED (REGISTERED NUMBER: 08986536)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MAY 2024 TO 31 DECEMBER 2024

2. ACCOUNTING POLICIES - continued

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.

Going concern
Notwithstanding the deficiency of net current assets at the year end as shown in the balance sheet, the director is confident the company can continue as a going concern on the basis of his continued financial support to the company.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2024 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
Showroom machinery fittings
£    £    £   
COST
At 1 May 2024 27,279 2,559 3,678
Additions - 432 -
At 31 December 2024 27,279 2,991 3,678
DEPRECIATION
At 1 May 2024 22,552 1,301 1,704
Charge for period 1,048 84 132
At 31 December 2024 23,600 1,385 1,836
NET BOOK VALUE
At 31 December 2024 3,679 1,606 1,842
At 30 April 2024 4,727 1,258 1,974

B&R BARNES (KITCHEN & BEDROOMS) LIMITED (REGISTERED NUMBER: 08986536)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MAY 2024 TO 31 DECEMBER 2024

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 May 2024 19,838 11,116 64,470
Additions - - 432
At 31 December 2024 19,838 11,116 64,902
DEPRECIATION
At 1 May 2024 17,190 8,669 51,416
Charge for period 441 958 2,663
At 31 December 2024 17,631 9,627 54,079
NET BOOK VALUE
At 31 December 2024 2,207 1,489 10,823
At 30 April 2024 2,648 2,447 13,054

5. STOCKS
31.12.24 30.4.24
£    £   
Stocks 24,140 23,898

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 30.4.24
£    £   
Other debtors 1,403 3,575

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 30.4.24
£    £   
Bank loans and overdrafts 9,800 9,800
Trade creditors 1,475 3,554
Taxation and social security 18,991 15,252
Other creditors 50,456 65,987
80,722 94,593

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 30.4.24
£    £   
Bank loans 13,689 15,309
Other creditors 71,019 77,365
84,708 92,674

B&R BARNES (KITCHEN & BEDROOMS) LIMITED (REGISTERED NUMBER: 08986536)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MAY 2024 TO 31 DECEMBER 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 30.4.24
value: £    £   
100 Ordinary £1 100 100

10. OTHER FINANCIAL COMMITMENTS

Total financial commitments, consists of operating lease commitments of £45,800 payable over the next four years which are not included in the balance sheet.