6 false false false false false false false false false false true false false false false false false No description of principal activity 2024-03-01 Sage Accounts Production Advanced 2024 - FRS102_2024 96,127 24,069 24,069 4,020 4,020 20,049 xbrli:pure xbrli:shares iso4217:GBP 15509868 2024-03-01 2025-02-28 15509868 2025-02-28 15509868 2024-02-29 15509868 bus:RegisteredOffice 2024-03-01 2025-02-28 15509868 bus:LeadAgentIfApplicable 2024-03-01 2025-02-28 15509868 bus:Director1 2024-03-01 2025-02-28 15509868 bus:Director2 2024-03-01 2025-02-28 15509868 bus:Director2 2025-02-28 15509868 core:PlantMachinery 2025-02-28 15509868 core:PlantMachinery 2024-03-01 2025-02-28 15509868 core:WithinOneYear 2025-02-28 15509868 core:AfterOneYear 2025-02-28 15509868 core:RetainedEarningsAccumulatedLosses 2025-02-28 15509868 core:ShareCapital 2025-02-28 15509868 bus:Director1 2025-02-28 15509868 bus:SmallEntities 2024-03-01 2025-02-28 15509868 bus:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 15509868 bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 15509868 bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 15509868 bus:FullAccounts 2024-03-01 2025-02-28
COMPANY REGISTRATION NUMBER: 15509868

Bar.Code Newport Ltd

Unaudited Financial Statements

28 February 2025

Bar.Code Newport Ltd

Financial Statements

Year ended 28 February 2025

Contents | Page

Directors' report | 1

Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements | 2

Statement of income and retained earnings | 3

Statement of financial position | 4

Notes to the financial statements | 6

Bar.Code Newport Ltd

Directors' Report

Year ended 28 February 2025
The directors present their report and the unaudited financial statements of the company for the year ended 28 February 2025 .
Directors
The directors who served the company during the year were as follows:

Mr J Kosler |
Mr D Greenhaf | (Appointed 29 April 2024)

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 5 November 2025 and signed on behalf of the board by:

Mr J Kosler | Mr D Greenhaf
Director | Director

Registered office:
24 Bridge Street
Newport
Wales
NP20 4SF

Bar.Code Newport Ltd

Chartered Accountant's Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Bar.Code Newport Ltd

Year ended 28 February 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 Bar.Code Newport Ltd for the year ended 28 February 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 Board of Directors of Bar.Code Newport Ltd, as a body, in accordance with the terms of our engagement letter dated 17 April 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Bar.Code Newport Ltd and state those matters that we have agreed to state to you, as a body, 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 Bar.Code Newport Ltd and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that Bar.Code Newport Ltd 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 loss of Bar.Code Newport Ltd. You consider that Bar.Code Newport Ltd 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 Bar.Code Newport Ltd. 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.
WALTER HUNTER & CO LIMITED Chartered accountants
24 Bridge Street Newport South Wales NP20 4SF
5 November 2025

Bar.Code Newport Ltd

Statement of Income and Retained Earnings

Year ended 28 February 2025

| 2025
Note | £
Turnover | 322,373

Cost of sales | 177,831
| ---------
Gross profit | 144,542

Administrative expenses | 240,669
| ---------
Operating loss | ( 96,127)

|  | ---------
Loss before taxation | 5 | ( 96,127)

Tax on loss | –
| --------
Loss for the financial year and total comprehensive income | ( 96,127)
| --------

Retained earnings at the start of the year | –
| --------
Retained losses at the end of the year | ( 96,127)
| --------

All the activities of the company are from continuing operations.

Bar.Code Newport Ltd

Statement of Financial Position

28 February 2025

| 2025
Note | £

Fixed assets

Tangible assets | 6 | 20,049

Current assets

Debtors | 7 | 6,566
Cash at bank and in hand | 3,732
| --------
| 10,298

Creditors: amounts falling due within one year | 8 | 33,069
| --------
Net current liabilities | 22,771
| --------
Total assets less current liabilities | ( 2,722)

Creditors: amounts falling due after more than one year | 9 | 93,305
| --------
Net liabilities | ( 96,027)
| --------

Capital and reserves

Called up share capital | 100
Profit and loss account | ( 96,127)
| --------
Shareholders deficit | ( 96,027)
| --------

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 28 February 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 financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Bar.Code Newport Ltd

Statement of Financial Position (continued)

28 February 2025
These financial statements were approved by the board of directors and authorised for issue on 5 November 2025 , and are signed on behalf of the board by:

Mr J Kosler | Mr D Greenhaf
Director | Director

Company registration number: 15509868

Bar.Code Newport Ltd

Notes to the Financial Statements

Year ended 28 February 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 24 Bridge Street, Newport, NP20 4SF, Wales.
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, and the figures therein are rounded to the nearest whole pound.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
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:

| Plant and machinery | - | 25% p.a. straight line

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
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.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 6 .
5. Profit before taxation
Profit before taxation is stated after charging:

| 2025
| £
Depreciation of tangible assets | 4,020
| -------

6. Tangible assets

| Plant and machinery | Total
| £ | £
Cost |  |
At 1 March 2024 | – | –
Additions | 24,069 | 24,069
| -------- | --------
At 28 February 2025 | 24,069 | 24,069
| -------- | --------
Depreciation |  |
At 1 March 2024 | – | –
Charge for the year | 4,020 | 4,020
| -------- | --------
At 28 February 2025 | 4,020 | 4,020
| -------- | --------
Carrying amount |  |
At 28 February 2025 | 20,049 | 20,049
| -------- | --------

7. Debtors

| 2025
| £
Trade debtors | 1,285
Other debtors | 5,281
| -------
| 6,566
| -------

8. Creditors: amounts falling due within one year

| 2025
| £
Trade creditors | 14,035
Social security and other taxes | 9,830
Other creditors | 9,204
| --------
| 33,069
| --------

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

| 2025
| £
Other creditors | 93,305
| --------

10. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:

| 2025
|  | Balance brought forward | Advances/ (credits) to the directors | Balance outstanding
|  | £ | £ | £
| Mr J Kosler | – | ( 13,199) | ( 13,199)
| Mr D Greenhaf | – | ( 80,106) | ( 80,106)
|  | ---- | -------- | --------
|  | – | ( 93,305) | ( 93,305)
|  | ---- | -------- | --------