IRIS Accounts Production v25.1.4.42 SC081146 Board of Directors Board of Directors 2.3.24 1.3.25 1.3.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC0811462024-03-01SC0811462025-03-01SC0811462024-03-022025-03-01SC0811462023-03-01SC0811462023-03-022024-03-01SC0811462024-03-01SC081146ns15:Scotland2024-03-022025-03-01SC081146ns14:PoundSterling2024-03-022025-03-01SC081146ns10:Director12024-03-022025-03-01SC081146ns10:Director22024-03-022025-03-01SC081146ns10:PrivateLimitedCompanyLtd2024-03-022025-03-01SC081146ns10:SmallEntities2024-03-022025-03-01SC081146ns10:AuditExempt-NoAccountantsReport2024-03-022025-03-01SC081146ns10:SmallCompaniesRegimeForAccounts2024-03-022025-03-01SC081146ns10:FullAccounts2024-03-022025-03-01SC081146ns10:Director32024-03-022025-03-01SC081146ns10:RegisteredOffice2024-03-022025-03-01SC081146ns5:CurrentFinancialInstruments2025-03-01SC081146ns5:CurrentFinancialInstruments2024-03-01SC081146ns5:Non-currentFinancialInstruments2025-03-01SC081146ns5:Non-currentFinancialInstruments2024-03-01SC081146ns5:ShareCapital2025-03-01SC081146ns5:ShareCapital2024-03-01SC081146ns5:RetainedEarningsAccumulatedLosses2025-03-01SC081146ns5:RetainedEarningsAccumulatedLosses2024-03-01SC081146ns5:PlantMachinery2024-03-022025-03-01SC081146ns5:FurnitureFittings2024-03-022025-03-01SC081146ns5:MotorVehicles2024-03-022025-03-01SC081146ns5:ComputerEquipment2024-03-022025-03-01SC081146ns5:PlantMachinery2024-03-01SC081146ns5:FurnitureFittings2024-03-01SC081146ns5:MotorVehicles2024-03-01SC081146ns5:ComputerEquipment2024-03-01SC081146ns5:PlantMachinery2025-03-01SC081146ns5:FurnitureFittings2025-03-01SC081146ns5:MotorVehicles2025-03-01SC081146ns5:ComputerEquipment2025-03-01SC081146ns5:PlantMachinery2024-03-01SC081146ns5:FurnitureFittings2024-03-01SC081146ns5:MotorVehicles2024-03-01SC081146ns5:ComputerEquipment2024-03-01SC081146ns5:CostValuation2024-03-01SC081146ns5:AdditionsToInvestments2025-03-01SC081146ns5:DisposalsRepaymentsInvestments2025-03-01SC081146ns5:RevaluationsIncreaseDecreaseInInvestments2025-03-01SC081146ns5:CostValuation2025-03-01SC081146ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-01SC081146ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-01
REGISTERED NUMBER: SC081146 (Scotland)













Unaudited Financial Statements

for the Year Ended 1 March 2025

for

BAR ONE CLOTHING LTD

BAR ONE CLOTHING LTD (REGISTERED NUMBER: SC081146)






Contents of the Financial Statements
FOR THE YEAR ENDED 1 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BAR ONE CLOTHING LTD

Company Information
FOR THE YEAR ENDED 1 MARCH 2025







DIRECTORS: G J Roulston
L A C Roulston
J H Roulston



SECRETARY: L A C Roulston



REGISTERED OFFICE: 6th Floor, Gordon Chambers
90 Mitchell Street
Glasgow
G1 3NQ



REGISTERED NUMBER: SC081146 (Scotland)



ACCOUNTANTS: BK Plus Ltd
6th Floor
Gordon Chambers
90 Mitchell Street
Glasgow
Lanarkshire
G1 3NQ



BANKERS: The Royal Bank of Scotland plc
Glasgow Sauchiehall Street Branch
23 Sauchiehall Street
Glasgow
G2 3AD

BAR ONE CLOTHING LTD (REGISTERED NUMBER: SC081146)

Balance Sheet
1 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 193,029 234,932
Investments 5 206,504 211,809
399,533 446,741

CURRENT ASSETS
Stocks 51,301 102,395
Debtors 6 381,835 367,279
Cash at bank and in hand 72,529 74,485
505,665 544,159
CREDITORS
Amounts falling due within one year 7 406,203 355,887
NET CURRENT ASSETS 99,462 188,272
TOTAL ASSETS LESS CURRENT
LIABILITIES

498,995

635,013

CREDITORS
Amounts falling due after more than one
year

8

(89,695

)

(134,875

)

PROVISIONS FOR LIABILITIES (48,257 ) (46,986 )
NET ASSETS 361,043 453,152

BAR ONE CLOTHING LTD (REGISTERED NUMBER: SC081146)

Balance Sheet - continued
1 MARCH 2025

2025 2024
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 1,004 1,004
Retained earnings 360,039 452,148
SHAREHOLDERS' FUNDS 361,043 453,152

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 1 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 1 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 24 June 2025 and were signed on its behalf by:




J H Roulston - Director



L A C Roulston - Director


BAR ONE CLOTHING LTD (REGISTERED NUMBER: SC081146)

Notes to the Financial Statements
FOR THE YEAR ENDED 1 MARCH 2025

1. STATUTORY INFORMATION

Bar One Clothing Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

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 - 20% on a reducing balance basis
Fixtures and fittings - 20% on a reducing balance basis
Motor vehicles - 25% on a reducing balance basis
Computer equipment - 33.33% on a straight line basis

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.

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 balance sheet date.


BAR ONE CLOTHING LTD (REGISTERED NUMBER: SC081146)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 1 MARCH 2025

2. ACCOUNTING POLICIES - continued
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 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.

Investments
Fixed asset investments are stated at cost less provision for any diminution in value. For listed investments, market value is based on the closing middle-market price on a recognised stock exchange.


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2024 - 24 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST OR VALUATION
At 2 March 2024 491,530 111,318 184,690 70,119 857,657
Additions - 15,937 - - 15,937
At 1 March 2025 491,530 127,255 184,690 70,119 873,594
DEPRECIATION
At 2 March 2024 430,162 79,847 46,172 66,544 622,725
Charge for year 12,273 9,072 34,630 1,865 57,840
At 1 March 2025 442,435 88,919 80,802 68,409 680,565
NET BOOK VALUE
At 1 March 2025 49,095 38,336 103,888 1,710 193,029
At 1 March 2024 61,368 31,471 138,518 3,575 234,932

BAR ONE CLOTHING LTD (REGISTERED NUMBER: SC081146)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 1 MARCH 2025

4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 1 March 2025 is represented by:

Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
Cost 491,530 127,255 184,690 70,119 873,594

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 2 March 2024 211,809
Additions 43,226
Disposals (80,549 )
Revaluations 32,018
At 1 March 2025 206,504
NET BOOK VALUE
At 1 March 2025 206,504
At 1 March 2024 211,809


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 85,780 94,806
Amounts owed by group undertakings 241,793 241,298
Other debtors 54,262 31,175
381,835 367,279

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts 37,035 29,947
Trade creditors 159,255 175,921
Taxation and social security 55,472 41,221
Other creditors 154,441 108,798
406,203 355,887

BAR ONE CLOTHING LTD (REGISTERED NUMBER: SC081146)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 1 MARCH 2025

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2025 2024
£    £   
Hire purchase contracts 88,727 132,851
Other creditors 968 2,024
89,695 134,875