1.
General Information
New Barn Place Management Company Limited
is a private company, limited by guarantee, incorporated in England & Wales, registered number
03980339
. The registered office is Chiltern House, 45 Station Road, Henley-On-Thames, RG9 1AT.
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.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary
amounts in these financial statements are rounded to the nearest £.
2.2.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
3.
Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 3)
4.
Debtors
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Trade debtors |
|
|
|
| Prepayments and accrued income |
|
|
|
|
|
|
||
5.
Creditors: Amounts Falling Due Within One Year
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Trade creditors |
|
|
|
| Other creditors | - |
|
|
| Accruals and deferred income |
|
|
|
|
|
|
||
New Barn Place Management Company Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
6.
Reserves
|
2025
|
2024
|
||
|
£
|
£
|
||
|
Redecoration reserve
|
20,000
|
20,000
|
|
|
Road & car park repairs reserve
|
12,553
|
20,000
|
|
|
Roof reserve
|
48,220
![image](data:image/svg+xml;utf8,<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 80 2" preserveAspectRatio="none">
<line x1="0" y1="1" x2="80" y2="1" stroke="black" shape-rendering="crispEdges"/>
</svg>){kind=small}
|
48,220
|
|
|
80,773
![image](data:image/svg+xml;utf8,<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 80 5" preserveAspectRatio="none">
<line x1="0" y1="1" x2="80" y2="1" stroke="black" shape-rendering="crispEdges"/>
<line x1="0" y1="4" x2="80" y2="4" stroke="black" shape-rendering="crispEdges"/>
</svg>){kind=small}
|
88,220
|
|
Redecoration reserve
|
2025
|
2024
|
|
|
£
|
£
|
||
|
Brought forward
|
20,000
|
18,678
|
|
|
Transfer from income & expenditure account
|
-
|
1,322
|
|
|
Carried forward
|
20,000
|
20,000
|
|
Road & car park repairs reserve
|
2025
|
2024
|
|
|
£
|
£
|
||
|
Brought forward
|
20,000
|
19,597
|
|
|
Transfer from income & expenditure account
|
(7,447)
|
403
|
|
|
Carried foward
|
12,553
|
20,000
|
|
Roof reserve
|
2025
|
2024
|
|
|
£
|
£
|
||
|
Brought forward
|
48,220
|
46,536
|
|
|
Transfer from income & expenditure account
|
-
|
1,684
|
|
|
Carried foward
|
48,220
|
48,220
|
7.
Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.