Barking Shopfronts Limited

Barking Shopfronts Limited
Contents Page
For the year ended 31 March 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

Barking Shopfronts Limited Accountants' Report For the year ended 31 March 2025
You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the statement of financial position, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Income Statement, the Statement of Comprehensive Income, the Statement of Financial Position, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. .................................................... P K R Chowdhury M Com FFA FIPA FAIA Chowdhury & Co 41 Highwood Gardens Clayhall Ilford IG5 0AZ 22 August 2025 1

Barking Shopfronts Limited
Accountants' Report
For the year ended 31 March 2025

You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the statement of financial position, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Income Statement, the Statement of Comprehensive Income, the Statement of Financial Position, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

....................................................
P K R Chowdhury M Com FFA FIPA FAIA
Chowdhury & Co
41 Highwood Gardens
Clayhall
Ilford
IG5 0AZ
22 August 2025

1

Barking Shopfronts Limited
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	465,131	543,034
		465,131	543,034
Current assets
Stocks		315,669	279,340
Debtors		271,078	403,294
Cash at bank and in hand		357,745	508,906
		944,492	1,191,540
Creditors: amount falling due within one year		(594,886)	(930,842)
Net current assets		349,606	260,698

Total assets less current liabilities		814,737	803,732
Creditors: amount falling due after more than one year		(294,554)	(325,743)
Net assets		520,183	477,989

Capital and reserves
Called up share capital		100	100
Profit and loss account		520,083	477,889
Shareholders' funds		520,183	477,989

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 22 August 2025 and were signed on its behalf by:

-------------------------------
Manjinder Singh DHESI
Director

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Randeep Singh DHESI
Director

2

Barking Shopfronts Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

Barking Shopfronts Limited is a private company, limited by shares, registered in England and Wales, registration number 03733591, registration address Unit 1, Barking Industrial Park, Alfreds Way, Barking, Essex, IG11 0TJ.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Finance lease and hire purchase charges

The finance element of the rental payment is charged to the income statement on a straight line basis.

Tangible fixed assets

Tangible fixed assets, 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:

Plant and Machinery	15% Reducing Balance
Motor Vehicles	25% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 27 (2024 : 36).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Total
	£	£	£
At 01 April 2024	319,437	588,203	907,640
Additions	143,331	23,875	167,206
Disposals	-	(179,215)	(179,215)
At 31 March 2025	462,768	432,863	895,631
Depreciation
At 01 April 2024	161,056	203,550	364,606
Charge for year	45,136	70,817	115,953
On disposals	-	(50,059)	(50,059)
At 31 March 2025	206,192	224,308	430,500
Net book values
Closing balance as at 31 March 2025	256,576	208,555	465,131
Opening balance as at 01 April 2024	158,381	384,653	543,034

4.

Related parties

During the year the company entered into the following transactions with related parties:

	Transaction value - income/(expenses)				Balance owed by/(owed to)
	2025 £		2024 £		2025 £		2024 £
Valestar Properties Limited	111,124		111,124		19,011		19,011

The reporting company owed the sum of £19,011.00 to its only associated company as a loan which is free of interest and charges and repayable on demand. Valestar Properties Limited is the landlord of the reporting company and the annual rent charges were as follows: 2025 £111,124.00 2024 £111,124.00

3

Registered Number: 03733591
England and Wales
BARKING SHOPFRONTS LIMITED

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025