Barron Design Limited Company accounts

COMPANY REGISTRATION NUMBER: 05755171

Barron Design Limited

Unaudited Financial Statements

31 March 2025

Barron Design Limited

Financial Statements

Year ended 31 March 2025

Contents	Page

Director's report	1

Statement of income and retained earnings	2

Statement of financial position	3

Notes to the financial statements	5

The following pages do not form part of the financial statements

Chartered accountants and business advisers report to the director on the preparation of the unaudited statutory financial statements	10

Barron Design Limited

Director's Report

Year ended 31 March 2025

The director presents his report and the unaudited financial statements of the company for the year ended 31 March 2025 .

Director

The director who served the company during the year was as follows:

Mr C Barron

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 3 November 2025 and signed on behalf of the board by:

Mr C Barron
Director

Registered office:

94 Fairwater Grove West

Llandaff

Cardiff

CF5 2JR

Barron Design Limited

Statement of Income and Retained Earnings

Year ended 31 March 2025

	2025	2024
Note	£	£
Turnover	201,661	179,565

Cost of sales	43,834	93,201
	---------	---------
Gross profit	157,827	86,364

Administrative expenses	111,813	107,501
Other operating income	–	7,325
	---------	---------
Operating profit/(loss)	46,014	( 13,812)

Other interest receivable and similar income		193	360
Interest payable and similar expenses		2,604	1,905
		---------	---------
Profit/(loss) before taxation	5	43,603	( 15,357)

Tax on profit/(loss)	13,575	( 3,555)
	--------	--------
Profit/(loss) for the financial year and total comprehensive income	30,028	( 11,802)
	--------	--------

Dividends paid and payable	( 26,300)	( 38,178)

Retained earnings at the start of the year	38,188	88,168
	--------	--------
Retained earnings at the end of the year	41,916	38,188
	--------	--------

All the activities of the company are from continuing operations.

Barron Design Limited

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	6		40,561	19,927

Current assets

Debtors	7	51,236	45,271
Cash at bank and in hand		27,451	24,161
		--------	--------
		78,687	69,432

Creditors: amounts falling due within one year	8	31,125		27,685
		--------		--------
Net current assets			47,562	41,747
			--------	--------
Total assets less current liabilities			88,123	61,674

Creditors: amounts falling due after more than one year	9		38,499	19,699

Provisions

Taxation including deferred tax	7,707	3,786
	--------	--------
Net assets	41,917	38,189
	--------	--------

Capital and reserves

Called up share capital	1	1
Profit and loss account	41,916	38,188
	--------	--------
Shareholder funds	41,917	38,189
	--------	--------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

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

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Barron Design Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 3 November 2025 , and are signed on behalf of the board by:

Mr C Barron
Director

Company registration number: 05755171

Barron Design Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 94 Fairwater Grove West, Llandaff, Cardiff, CF5 2JR.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

The turnover shown in the profit and loss account represents amounts invoiced during the year for supply of architectural services, exclusive of Value Added Tax.

Taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax, with the following exceptions: Provision is made for tax on gains arising from the revaluation (and similar fair value adjustments) of fixed assets, and gains on disposal of fixed assets that have been rolled over into replacement assets, only to the extent that, at the balance sheet date, there is a binding agreement to dispose of the assets concerned. However, no provision is made where, on the basis of all available evidence at the balance sheet date, it is more likely than not that the taxable gain will be rolled over into replacement assets and charged to tax only where the replacement assets are sold. Deferred tax assets are recognised only to the extent that the director considers that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property	-	20% straight line
Plant & Machinery	-	25% reducing balance & 33% straight line
Motor Vehicles	-	25% reducing balance

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

The following assets and liabilities within the accounts are classified as financial instruments - trade debtors, trade creditors and directors loans. Directors loans (being repayable upon demand), trade debtors and trade creditors, are measured at the undiscounted amount of cash or other consideration expected to be paid or received. Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If such evidence is found, an impairment loss is recognised in the statement of Income and Retained Earnings.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Profit before taxation

Profit before taxation is stated after charging:

	2025	2024
	£	£
Depreciation of tangible assets	12,543	7,838
	--------	-------

6. Tangible assets

	Land and buildings	Plant and machinery	Motor vehicles	Total
	£	£	£	£
Cost
At 1 April 2024	–	7,156	32,040	39,196
Additions	31,764	1,470	–	33,234
Disposals	–	( 2,786)	–	( 2,786)
	--------	-------	--------	--------
At 31 March 2025	31,764	5,840	32,040	69,644
	--------	-------	--------	--------
Depreciation
At 1 April 2024	–	5,251	14,018	19,269
Charge for the year	6,353	1,684	4,506	12,543
Disposals	–	( 2,729)	–	( 2,729)
	--------	-------	--------	--------
At 31 March 2025	6,353	4,206	18,524	29,083
	--------	-------	--------	--------
Carrying amount
At 31 March 2025	25,411	1,634	13,516	40,561
	--------	-------	--------	--------
At 31 March 2024	–	1,905	18,022	19,927
	--------	-------	--------	--------

7. Debtors

	2025	2024
	£	£
Trade debtors	7,830	19,447
Other debtors	43,406	25,824
	--------	--------
	51,236	45,271
	--------	--------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	7,416	–
Trade creditors	154	283
Social security and other taxes	18,890	22,935
Other creditors	4,665	4,467
	--------	--------
	31,125	27,685
	--------	--------

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	21,517	–
Other creditors	16,982	19,699
	--------	--------
	38,499	19,699
	--------	--------

10. Director's advances, credits and guarantees

The director operated a loan account with the company. The opening balance on this account was £18,305 overdrawn (2024 - £2,140 overdrawn), and after net movement of £18,088, the closing balance on the account was £36,393 overdrawn (2024 - £18,305 overdrawn). This loan is repayable on demand.

Barron Design Limited

Management Information

Year ended 31 March 2025

The following pages do not form part of the financial statements.

Barron Design Limited

Chartered Accountants and Business Advisers Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Barron Design Limited

Year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Barron Design Limited for the year ended 31 March 2025, which comprise the statement of income and retained earnings, statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the director of Barron Design Limited in accordance with the terms of our engagement letter dated 8 August 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Barron Design Limited and state those matters that we have agreed to state to you in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Barron Design Limited and its director for our work or for this report.

It is your duty to ensure that Barron Design Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Barron Design Limited. You consider that Barron Design Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Barron Design Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

BRUCE ROBERTS & CO LIMITED Chartered Accountants and Business Advisers

Unit 10, Edison Court Ellice Way Wrexham Technology Park Wrexham LL13 7YT

3 November 2025