| G BARLOW AND SONS LIMITED |
| Registered Number:00371173 |
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2024
G BARLOW AND SONS LIMITED
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
G BARLOW AND SONS LIMITED
Statement of Financial Position
2023
2024
| Property, plant and equipment |
151,930
174,745
2
151,930
174,745
42,332
42,377
3
| Trade and other receivables |
172,107
174,814
4
3,902,552
| Cash and cash equivalents |
4,221,658
4,438,849
4,116,991
| Trade and other payables: amounts falling due within one |
| year |
(350,784)
(374,337)
5
3,766,207
4,064,512
Net current assets
| Total assets less current liabilities |
4,216,442
3,940,952
4,216,442
Net assets
3,940,952
2,160
2,160
4,213,442
3,937,952
840
840
4,216,442
3,940,952
Shareholders' funds
| For the year ended 31 December 2024 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 of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| All the members have consented to the preparation of an Abridged Income Statement for the year ended 31 December 2024 in accordance with Section 444 (2A) of the Companies Act 2006. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 15 September 2025 and were signed by: |
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For the year ended 31 December 2024
G BARLOW AND SONS LIMITED
Statement of Financial Position Continued
| The notes form part of these financial statements |
2 of 4
For the year ended 31 December 2024
G BARLOW AND SONS LIMITED
Notes to the Financial Statements
Statutory Information
| G BARLOW AND SONS LIMITED is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 00371173. |
17/19 UNION STREET WEST
OLDHAM
OL8 1DQ
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and Buildings
| 0.5% per annum Straight line |
| 10% per annum Straight line |
Computer software
| 20% per annum Reducing balance |
Motor Vehicles
| 20% per annum Reducing balance |
Furniture and Fittings
Inventories
| Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
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. |
Pension costs and other post-retirement benefits
| The company operates a defined contribution pension scheme for the benefit of its directors and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
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For the year ended 31 December 2024
G BARLOW AND SONS LIMITED
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
693,740
4,021
31,729
588,194
69,796
588,194
31,729
4,021
693,740
69,796
| Provision for depreciation and impairment |
518,995
4,021
31,605
474,997
8,372
Charge for year
22,815
-
25
22,441
349
541,810
4,021
31,630
497,438
8,721
61,075
90,756
99
-
151,930
61,424
113,197
124
-
174,745
2023
2024
42,377
42,332
| 4. Trade and other receivables |
2023
2024
169,887
160,661
4,927
11,446
172,107
174,814
| 5. Trade and other payables: amounts falling due within one year |
2023
2024
54,841
51,137
| Taxation and social security |
157,769
158,598
161,727
141,049
374,337
350,784
| 6. Average number of persons employed |
During the year the average number of employees (including directors) was 14 (2023 : 13)
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