Barnett Group Enterprises Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 14739109 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

BARNETT GROUP ENTERPRISES LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Investments

4

326,625

CURRENT ASSETS

Debtors

5

260,590

50,590

Cash at bank

407,006

499,504

667,596

550,094

CREDITORS

Amounts falling due within one year

6

5,953

1,500

NET CURRENT ASSETS

661,643

548,594

TOTAL ASSETS LESS CURRENT LIABILITIES

988,268

875,219

CAPITAL AND RESERVES

Called up share capital

1,300

Other reserves

324,450

Retained earnings

662,518

549,469

988,268

875,219

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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 June 2025 and were signed on its behalf by:

R Barnett - Director

1.	STATUTORY INFORMATION

Barnett Group Enterprises Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

14739109

Registered office:

15 West Street

Brighton

East Sussex

BN1 2RL

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

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.

Investments in associates

Investments in associates are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals are recognised immediately to profit or loss.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.

EMPLOYEES

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

4.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 1 April 2024

and 31 March 2025

326,625

NET BOOK VALUE

At 31 March 2025

326,625

At 31 March 2024

326,625

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other debtors

260,000

50,000

Directors' current accounts

590

260,590

50,590

The amount due from a director is interest free and repayable on demand.

Included within other debtors is an amount of £50,000 (2023: £50,000) due from a company under common control. This amount is interest free and repayable on demand.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

240

-

Other creditors

2,000

-

Directors' current accounts

2,183

-

Accruals and deferred income

1,530

1,500

5,953

1,500

The amount due to a director is interest free and repayable on demand.