Acorah Software Products - Accounts Production 16.4.660 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 03318313 Mrs C A Stroud Mr S J Stroud Mr S A Stroud Mrs C A Stroud iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03318313 2024-02-29 03318313 2025-02-28 03318313 2024-03-01 2025-02-28 03318313 frs-core:CurrentFinancialInstruments 2025-02-28 03318313 frs-core:Non-currentFinancialInstruments 2025-02-28 03318313 frs-core:FurnitureFittings 2024-03-01 2025-02-28 03318313 frs-core:LandBuildings 2025-02-28 03318313 frs-core:LandBuildings 2024-03-01 2025-02-28 03318313 frs-core:LandBuildings 2024-02-29 03318313 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 03318313 frs-core:MotorVehicles 2024-03-01 2025-02-28 03318313 frs-core:PlantMachinery 2025-02-28 03318313 frs-core:PlantMachinery 2024-03-01 2025-02-28 03318313 frs-core:PlantMachinery 2024-02-29 03318313 frs-core:CapitalRedemptionReserve 2025-02-28 03318313 frs-core:RevaluationReserve 2024-02-29 03318313 frs-core:RevaluationReserve 2025-02-28 03318313 frs-core:ShareCapital 2025-02-28 03318313 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 03318313 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 03318313 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 03318313 frs-bus:SmallEntities 2024-03-01 2025-02-28 03318313 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 03318313 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 03318313 frs-bus:Director1 2024-03-01 2025-02-28 03318313 frs-bus:Director2 2024-03-01 2025-02-28 03318313 frs-bus:Director3 2024-03-01 2025-02-28 03318313 frs-bus:CompanySecretary1 2024-03-01 2025-02-28 03318313 frs-countries:EnglandWales 2024-03-01 2025-02-28 03318313 2023-02-28 03318313 2024-02-29 03318313 2023-03-01 2024-02-29 03318313 frs-core:CurrentFinancialInstruments 2024-02-29 03318313 frs-core:Non-currentFinancialInstruments 2024-02-29 03318313 frs-core:CapitalRedemptionReserve 2024-02-29 03318313 frs-core:RevaluationReserve 2024-02-29 03318313 frs-core:ShareCapital 2024-02-29 03318313 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 03318313
Barnham Trading Post Ltd.
Unaudited Financial Statements
For The Year Ended 28 February 2025
Bromley Clackett Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03318313
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,677,783 1,693,635
1,677,783 1,693,635
CURRENT ASSETS
Stocks 5 294,721 341,470
Debtors 6 76,837 82,076
Cash at bank and in hand 15,547 14,367
387,105 437,913
Creditors: Amounts Falling Due Within One Year 7 (433,293 ) (408,087 )
NET CURRENT ASSETS (LIABILITIES) (46,188 ) 29,826
TOTAL ASSETS LESS CURRENT LIABILITIES 1,631,595 1,723,461
Creditors: Amounts Falling Due After More Than One Year 8 (848,101 ) (805,457 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,640 ) (3,924 )
NET ASSETS 779,854 914,080
CAPITAL AND RESERVES
Called up share capital 9 44,700 44,700
Revaluation reserve 10 984,466 984,466
Capital redemption reserve 190,300 190,300
Profit and Loss Account (439,612 ) (305,386 )
SHAREHOLDERS' FUNDS 779,854 914,080
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Page 2
For the year ending 28 February 2025 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr S J Stroud
Director
23rd July 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Barnham Trading Post Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 03318313 . The registered office is 76, Aldwick Road, Bognor Regis, West Sussex, PO21 2PE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 1% straight line on buildings only
Motor Vehicles 25% reducing balance
Fixtures & Fittings 15% reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 33 (2024: 34)
33 34
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4. Tangible Assets
Land & Buildings Plant & Machinery etc. Total
£ £ £
Cost
As at 1 March 2024 1,850,000 147,905 1,997,905
Additions - 2,295 2,295
As at 28 February 2025 1,850,000 150,200 2,000,200
Depreciation
As at 1 March 2024 179,240 125,030 304,270
Provided during the period 14,224 3,923 18,147
As at 28 February 2025 193,464 128,953 322,417
Net Book Value
As at 28 February 2025 1,656,536 21,247 1,677,783
As at 1 March 2024 1,670,760 22,875 1,693,635
5. Stocks
2025 2024
£ £
Stock 294,721 341,470
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 8,839 380
Other debtors 67,998 81,696
76,837 82,076
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 164,084 152,675
Bank loans and overdrafts 242,071 228,311
Other creditors 18,011 18,087
Taxation and social security 9,127 9,014
433,293 408,087
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 8,889 19,174
Amounts owed to group undertakings 839,212 786,283
848,101 805,457
Page 4
Page 5
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 44,700 44,700
10. Reserves
Revaluation Reserve
£
As at 1 March 2024 984,466
As at 28 February 2025 984,466
11. Post Balance Sheet Events
On 27th March 2025 the company sold its trade and assets for £1.85m and has ceased to trade.
The accounts to 28th February 2025 do not reflect any adjustments to the asset values as a result of this sale.  The trade was sold as a going concern and as such the accounts continue to be prepared on a going concern basis.
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