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REGISTERED NUMBER: 08904158 (England and Wales)














Unaudited Financial Statements

for the Year Ended 28 February 2025

for

Barker Sign Services Limited

Barker Sign Services Limited (Registered number: 08904158)

Contents of the Financial Statements
for the Year Ended 28 February 2025










Page

Statement of financial position 1 to 2

Notes to the financial statements 3 to 7


Barker Sign Services Limited (Registered number: 08904158)

Statement of Financial Position
28 February 2025

2025 2024
Notes £    £    £    £   
Fixed assets
Tangible assets 5 43,151 37,801

Current assets
Stocks 6 8,276 8,638
Debtors 7 183,740 174,925
Cash at bank and in hand 38,900 47,765
230,916 231,328
Creditors
Amounts falling due within one year 8 91,926 93,154
Net current assets 138,990 138,174
Total assets less current liabilities 182,141 175,975

Creditors
Amounts falling due after more than one
year

9

(2,874

)

(23,135

)

Provisions for liabilities (10,788 ) (7,182 )
Net assets 168,479 145,658

Capital and reserves
Called up share capital 12 100 100
Retained earnings 168,379 145,558
Shareholders' funds 168,479 145,658

Barker Sign Services Limited (Registered number: 08904158)

Statement of Financial Position - continued
28 February 2025


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

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 18 August 2025 and were signed by:





M R Barker - Director


Barker Sign Services Limited (Registered number: 08904158)

Notes to the Financial Statements
for the Year Ended 28 February 2025


1. Statutory information

Barker Sign Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08904158

Registered office: Unit 3, Forest Industrial Park
Pit Lane
Ketton
Stamford
Lincolnshire
PE9 3FL

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


2. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - Straight line over 3 years
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer & office equipmt - 33% on reducing balance

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible asset includes directly attributable incremental costs incurred in their acquisition and installation.

Barker Sign Services Limited (Registered number: 08904158)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025


3. Accounting policies - continued

Stocks
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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is
determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

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.

Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Barker Sign Services Limited (Registered number: 08904158)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025


3. Accounting policies - continued

Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.

Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.


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.

4. Employees and directors

The average number of employees during the year was 3 (2024 - 3 ) .

Barker Sign Services Limited (Registered number: 08904158)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025


5. Tangible fixed assets
Computer
Short Plant and Motor & office
leasehold machinery vehicles equipmt Totals
£    £    £    £    £   
Cost
At 1 March 2024 4,500 67,555 24,850 5,305 102,210
Additions - - 19,995 - 19,995
Disposals - - (14,500 ) - (14,500 )
At 28 February 2025 4,500 67,555 30,345 5,305 107,705
Depreciation
At 1 March 2024 4,500 35,223 20,028 4,658 64,409
Charge for year - 6,452 6,204 214 12,870
Eliminated on disposal - - (12,725 ) - (12,725 )
At 28 February 2025 4,500 41,675 13,507 4,872 64,554
Net book value
At 28 February 2025 - 25,880 16,838 433 43,151
At 29 February 2024 - 32,332 4,822 647 37,801

6. Stocks
2025 2024
£    £   
Stocks 4,900 5,120
Work-in-progress 3,376 3,518
8,276 8,638

7. Debtors: amounts falling due within one year
2025 2024
£    £   
Trade debtors 25,606 16,875
Bad debt and credit note provi (228 ) (228 )
Amounts owed by participating interests 156,962 156,962
Prepayments 1,400 1,316
183,740 174,925

Barker Sign Services Limited (Registered number: 08904158)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025


8. Creditors: amounts falling due within one year
2025 2024
£    £   
Bank loans and overdrafts (see note 10) 10,131 -
Trade creditors 24,884 37,912
Corporation tax 5,776 5,696
Social security and other taxes 1,781 1,904
VAT 6,470 2,806
Other creditors 28,470 24,385
Wages and salaries control 360 (559 )
Pension creditor 20 20
Directors' loan accounts 11,990 19,000
Accrued expenses 2,044 1,990
91,926 93,154

9. Creditors: amounts falling due after more than one year
2025 2024
£    £   
Bank loans (see note 10) 2,874 23,135

10. Loans

An analysis of the maturity of loans is given below:

2025 2024
£    £   
Amounts falling due within one year or on demand:
Bank loans 10,131 -

Amounts falling due between two and five years:
Bank loans - 2-5 years 2,874 23,135

11. Secured debts

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans 13,005 23,135

Bounce Back Loan is guaranteed by the Government.

12. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary shares £ 100 100