REGISTERED NUMBER: 10819333 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Barbour Consulting Project Management

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N B Buckett

G B Buckett

M N Brazier

REGISTERED OFFICE:

Unit 28 The Bell Centre

Newton Road

Crawley

RH10 9FZ

REGISTERED NUMBER:

10819333 (England and Wales)

ACCOUNTANTS:

Ledger Sparks Limited

Airport House

Suite 43-45

Purley Way

Croydon

CR0 0XZ

Fixed assets

Tangible assets

4

321,698

1,031,137

Investments

5

40,000

120,000

361,698

1,151,137

Current assets

Debtors

6

525,169

256,257

Cash at bank

7

1,081,220

727,044

1,606,389

983,301

Creditors

Amounts falling due within one year

8

(1,108,927

)

(1,517,519

)

Net current assets/(liabilities)

497,462

(534,218

)

Total assets less current liabilities

859,160

616,919

Provisions for liabilities

10

(66,315

)

(72,331

)

Net assets

792,845

544,588

Capital and reserves

Called up share capital

100

100

Retained earnings

11

792,745

544,488

792,845

544,588

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 December 2025 and were signed on its behalf by:

M N Brazier - Director

1.	STATUTORY INFORMATION

Barbour Consulting Project Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

The principal activity of the company continued to be that of Engineering related scientific and technical consulting activities.

2.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

20% on reducing balance

Computer equipment

20% on reducing balance

Motor Vehicle

20% on reducing balance

Plant & Machinery

20% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

FINANCIAL INSTRUMENTS

The company only enters into basic financial transactions that result in recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from bank and other third parties, loans to related parties and investments in non-puttable ordinary shares.

TAXATION

The tax expense represents the sum of the tax currently payable and deferred tax.

CURRENT TAX

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

DEFERRED TAX

Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date.

LEASE

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

PENSION

DEFINE CONTRIBUTION PENSION PLAN

The company operates a defined contribution pension plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contribution into separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in the statement of comprehensive income when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

VALUATION OF INVESTMENTS

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

GOING CONCERN

At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

PROVISIONS FOR LIABILITIES

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the statement of comprehensive income in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the Balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the Balance sheet.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 22 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2024

611,802

177,405

13,730

Additions

-

1,522

-

Disposals

(611,802

)

(29,243

)

-

At 31 March 2025

-

149,684

13,730

DEPRECIATION

At 1 April 2024

-

73,745

3,723

Charge for year

-

18,612

2,002

Eliminated on disposal

-

(15,019

)

-

At 31 March 2025

-

77,338

5,725

NET BOOK VALUE

At 31 March 2025

-

72,346

8,005

At 31 March 2024

611,802

103,660

10,007

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

482,132

40,894

1,325,963

Additions

51,895

-

53,417

Disposals

(107,268

)

-

(748,313

)

At 31 March 2025

426,759

40,894

631,067

DEPRECIATION

At 1 April 2024

203,910

13,448

294,826

Charge for year

53,573

5,489

79,676

Eliminated on disposal

(50,114

)

-

(65,133

)

At 31 March 2025

207,369

18,937

309,369

NET BOOK VALUE

At 31 March 2025

219,390

21,957

321,698

At 31 March 2024

278,222

27,446

1,031,137

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

120,000

Impairments

(80,000

)

At 31 March 2025

40,000

NET BOOK VALUE

At 31 March 2025

40,000

At 31 March 2024

120,000

Based on an assessment of the recoverable amount, which represents fair value less costs to sell, an impairment loss has been recognized in the statement of profit or loss under administrative expenses.

The recoverable amount was determined using the subsidiary's net asset value, as no significant future cash flows are expected beyond the net assets.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

229,323

168,489

Other debtors

295,846

87,768

525,169

256,257

The directors consider the carrying value of trade and other receivables approximate to their fair value.

7.	CASH AT BANK

2025

2024

£

£

Cash at bank and in hand

1,081,220

727,044

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

141,564

-

Trade creditors

228,239

223,356

Amounts owed to group undertakings

60,901

50,118

Taxation and social security

234,729

83,841

Other creditors

443,494

1,160,204

1,108,927

1,517,519

The directors consider the carrying amounts of current liabilities approximate to their fair values.

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

31,266

10,125

Between one and five years

47,600

-

78,866

10,125

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

66,315

72,331

Deferred

tax

£

Balance at 1 April 2024

72,331

Provided during year

(6,016

)

Balance at 31 March 2025

66,315

11.

RESERVES

PROFIT AND LOSS RESERVES

The Profit and loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholders. This is a distributable reserve.

12.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension costs charge represents contributions payable by the company to the fund and amounted to £15,505 (2024 - £17,627).

Contributions totalling £2,735 (2024 - 4,542) were payable to fund at the balance sheet date and are included in creditors.

13.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

G B Buckett

Balance outstanding at start of year

14,566

12,366

Amounts advanced

24,600

5,100

Amounts repaid

(39,174

)

(2,900

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(8

)

14,566

M N Brazier

Balance outstanding at start of year

-

-

Amounts advanced

10,400

-

Amounts repaid

(23,500

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(13,100

)

-

N B Buckett

Balance outstanding at start of year

5,200

5,200

Amounts repaid

(13,500

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(8,300

)

5,200

14.	RELATED PARTY DISCLOSURES

At the balance sheet date, included in other creditors are amounts due to the directors of £21,408 (2024 - £19,766 included in other debtors). This loan is interest free and repayable on demand.

As at the balance sheet date, included in creditor are amounts owed to the subsidiary, Barbour Consulting Limited of £60,901 (2024 - £50,118).

As at the balance sheet date, included in Other debtors are amounts due from BCPML UG, a company incorporated in Germany under the common control of the directors Mark Brazier, Glenn Buckett and Nathan Buckett, of £54,497 (2024 - £9,078).