Registration number: 10377724

Barn Theatre Enterprises Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

Barn Theatre Enterprises Limited

Company Information

Directors

Mr I Carling Mr I H G Lewis

Company secretary

Newfield Business Services Limited

Registered office

Tanners Solicitors Lancaster House Thomas Street Cirencester GL7 2AX

Accountants

Regulatory Accounting Ltd T/A Optimum Professional Services Vicarage Court 160 Ermin Street Swindon Wiltshire SN3 4NE

Barn Theatre Enterprises Limited

(Registration number: 10377724)
Balance Sheet as at 31 December 2024

	Note	31 December 2024 £	31 December 2023 £
Fixed assets
Tangible assets	4	81,614	51,636
Current assets
Debtors	5	1,558	9,414
Cash at bank and in hand		207	1,231
		1,765	10,645
Creditors: Amounts falling due within one year	6	(90,726)	(69,923)
Net current liabilities		(88,961)	(59,278)
Net liabilities		(7,347)	(7,642)
Capital and reserves
Called up share capital		1,000	1,000
Retained earnings		(8,347)	(8,642)
Shareholders' deficit		(7,347)	(7,642)

For the financial year ending 31 December 2024 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; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 September 2025 and signed on its behalf by:
 

......................................... Mr I Carling Director

Barn Theatre Enterprises Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England & Wales .

The address of its registered office is:
Tanners Solicitors
Lancaster House
Thomas Street
Cirencester
GL7 2AX

The principal place of business is:
Ingleside House
5 Beeches Road
Cirencester
GL7 1BN

These financial statements were authorised for issue by the Board on 30 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis. Although the company is loss making the director and shareholder will continue support the company financially.

Revenue recognition

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.

Barn Theatre Enterprises Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	10% Straight Line
Fixtures & Fittings	5% Straight Line

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.

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.

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.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 2).

Barn Theatre Enterprises Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4	Tangible assets

	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 January 2024	-	57,373	57,373
Additions	37,596	-	37,596
At 31 December 2024	37,596	57,373	94,969
Depreciation
At 1 January 2024	-	5,737	5,737
Charge for the year	1,880	5,738	7,618
At 31 December 2024	1,880	11,475	13,355
Carrying amount
At 31 December 2024	35,716	45,898	81,614
At 31 December 2023	-	51,636	51,636

5

Debtors

Current	31 December 2024 £	31 December 2023 £
Other debtors	1,558	9,414
	1,558	9,414

Barn Theatre Enterprises Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

6

Creditors

Creditors: amounts falling due within one year

	Note	31 December 2024 £	31 December 2023 £
Due within one year
Trade creditors		845	10,138
Amounts owed to group undertakings and undertakings in which the company has a participating interest	7	82,032	55,500
Taxation and social security		783	236
Accruals and deferred income		5,067	2,049
Other creditors		1,999	2,000
		90,726	69,923

7	Related party transactions

Transactions with directors

2024	At 1 January 2024 £	At 31 December 2024 £
Mr I Carling
Director Loan Account	2,000	2,000

2023	At 1 September 2022 £	At 31 December 2023 £
Mr I Carling
Director Loan Account	2,000	2,000

Summary of transactions with parent

The Barn Theatre Project Ltd is the parent company as they own 100% of the shares in Barn Theatre Enterprises Ltd. There was a balance owing to The Barn Theatre Project Ltd at year end of £82,832 (2023: £55,500).