Barn SPV3 Limited 15138883 false 2023-09-14 2024-12-31 2024-12-31 The principal activity of the company is 90010- Performing Arts Digita Accounts Production Advanced 6.30.9574.0 true true 15138883 2023-09-14 2024-12-31 15138883 2024-12-31 15138883 core:CurrentFinancialInstruments 2024-12-31 15138883 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 15138883 bus:SmallEntities 2023-09-14 2024-12-31 15138883 bus:AuditExemptWithAccountantsReport 2023-09-14 2024-12-31 15138883 bus:FilletedAccounts 2023-09-14 2024-12-31 15138883 bus:SmallCompaniesRegimeForAccounts 2023-09-14 2024-12-31 15138883 bus:RegisteredOffice 2023-09-14 2024-12-31 15138883 bus:CompanySecretary1 2023-09-14 2024-12-31 15138883 bus:Director2 2023-09-14 2024-12-31 15138883 bus:PrivateLimitedCompanyLtd 2023-09-14 2024-12-31 15138883 6 2023-09-14 2024-12-31 15138883 countries:AllCountries 2023-09-14 2024-12-31 iso4217:GBP xbrli:pure

Registration number: 15138883

Barn SPV3 Limited

trading as Orpheus Project

Unaudited Filleted Financial Statements

for the Period from 14 September 2023 to 31 December 2024

 

Barn SPV3 Limited

trading as Orpheus Project

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

Barn SPV3 Limited

trading as Orpheus Project

Company Information

Director

Mr I Carling

Company secretary

Newfield Business Services Limited

Registered office

Tanners Solicitors
Lancaster House
Thomas Street
Cirencester
GL7 2AX

Accountants

Regulatory Accounting Ltd
T/A Optimum Professional Services
Vicarage Court
160 Ermin Street
Swindon
Wiltshire
SN3 4NE

 

Barn SPV3 Limited

trading as Orpheus Project

(Registration number: 15138883)
Balance Sheet as at 31 December 2024

Note

2024
£

Current assets

 

Debtors

4

9,000

Cash at bank and in hand

 

51,552

 

60,552

Creditors: Amounts falling due within one year

5

(61,504)

Net liabilities

 

(952)

Capital and reserves

 

Called up share capital

2

Retained earnings

(954)

Shareholders' deficit

 

(952)

For the financial period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 12 June 2025
 

.........................................
Mr I Carling
Director

 

Barn SPV3 Limited

trading as Orpheus Project

Notes to the Unaudited Financial Statements for the Period from 14 September 2023 to 31 December 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Tanners Solicitors
Lancaster House
Thomas Street
Cirencester
GL7 2AX

The principal place of business is:
Ingleside House
5 Beeches Road
Cirencester
GL7 1BN

These financial statements were authorised for issue by the director on 12 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis. The directors have no concerns over the company's ability to operate for the forseeable future.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

 

Barn SPV3 Limited

trading as Orpheus Project

Notes to the Unaudited Financial Statements for the Period from 14 September 2023 to 31 December 2024

Other grants

Grants with conditions (e.g., specific use of funds, performance obligations) may be recognized as income over the period the conditions are met.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4

Debtors

Current

2024
£

Prepayments

9,000

 

9,000

5

Creditors

Creditors: amounts falling due within one year

2024
£

Due within one year

Accruals and deferred income

61,504