03094924falsesafety equipment and training2023-10-012024-10-31http://www.companieshouse.gov.uk/2023-09-30http://www.companieshouse.gov.uk/cd:CompanySecretary12023-10-012024-10-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-09-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-09-30http://www.companieshouse.gov.uk/cd:Director12023-10-012024-10-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-10-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-10-31http://www.companieshouse.gov.uk/cd:Director22023-10-012024-10-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-10-012024-10-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-10-012024-10-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-10-012024-10-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-10-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-09-30http://www.companieshouse.gov.uk/2023-10-012024-10-31http://www.companieshouse.gov.uk/2023-09-30http://www.companieshouse.gov.uk/cd:FRS1022023-10-012024-10-31http://www.companieshouse.gov.uk/2024-10-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-10-012024-10-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-10-012024-10-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 03094924

Barnett's Safety Equipment Service Ltd

ACCOUNTS
FOR THE 397 DAY PERIOD ENDED 31/10/2024

Prepared By:
DBR Accounts Ltd
Association of Chartered Certified Accountants
1 Station Court
Station Approach
Wickford
Essex
SS11 7AT

Barnett's Safety Equipment Service Ltd

ACCOUNTS
FOR THE 397 DAY PERIOD ENDED 31/10/2024
DIRECTORS
Mr P Barnett
Mrs V Barnett
SECRETARY
Mrs V Barnett
REGISTERED OFFICE
60 New Road
Greenham
Newbury
RG14 7RU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 03094924
ACCOUNTANTS
DBR Accounts Ltd
Association of Chartered Certified Accountants
1 Station Court
Station Approach
Wickford
Essex
SS11 7AT

Barnett's Safety Equipment Service Ltd

ACCOUNTS
FOR THE397 DAY PERIODENDED31/10/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Barnett's Safety Equipment Service Ltd

BALANCE SHEET AT 31/10/2024
20242023
Notes££
FIXED ASSETS
Tangible assets2201268
CURRENT ASSETS
Stock1,00010,000
Debtors44,84810,307
Cash at bank and in hand3,49029,132
9,33849,439
CREDITORS: Amounts falling due within one year57,5396,070
NET CURRENT ASSETS1,79943,369
TOTAL ASSETS LESS CURRENT LIABILITIES2,00043,637
PROVISIONS FOR LIABILITIES AND CHARGES7-33
NET ASSETS2,00043,604
CAPITAL AND RESERVES
Called up share capital81,0001,000
Profit and loss account1,00042,604
SHAREHOLDERS' FUNDS2,00043,604
For the year ending 31/10/2024 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 31/10/2024 and signed on their behalf by
.............................
Mr P Barnett
Director

Barnett's Safety Equipment Service Ltd

NOTES TO THE ACCOUNTS
FOR THE 397 DAY PERIOD ENDED 31/10/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant And Machineryreducing balance25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are initially measured at amortised cost.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

Barnett's Safety Equipment Service Ltd

2. TANGIBLE FIXED ASSETS
Plant and
MachineryTotal
££
Cost
At 01/10/202327,63127,631
At 31/10/202427,63127,631
Depreciation
At 01/10/202327,36327,363
For the 397 day period6767
At 31/10/202427,43027,430
Net Book Amounts
At 31/10/2024201201
At 30/09/2023268268
3. STOCK 20242023
££
Stock comprises:
Stock1,00010,000
1,00010,000
4. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors4,54310,307
VAT on provision for doubful debts305-
4,84810,307
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax-2,065
VAT2,0161,459
Directors current account4,093281
Accruals1,4302,265
7,5396,070

Barnett's Safety Equipment Service Ltd

6. EMPLOYEES
20242023
No.No.
Average number of employees-2
7. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation-33
-33
8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
1000 Ordinary shares of £1 each10001000
1,0001,000
9. EVENTS AFTER THE END OF THE REPORTING PERIOD
On 1st November 2024 the shares in the company were sold and both directors resigned as directors.