Barmbyfield Barns Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08434944

BARMBYFIELD BARNS LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 March 2025

BARMBYFIELD BARNS LIMITED

STATEMENT OF FINANCIAL POSITION

31 March 2025

	2025		2024
Note	£	£	£

FIXED ASSETS

Tangible assets	5		499,522	499,980

CURRENT ASSETS

Debtors	6	1,093	332
Cash at bank and in hand		65	479
		-------	----
		1,158	811

CREDITORS: amounts falling due within one year	7	233,658		230,128
		----------		----------
NET CURRENT LIABILITIES			232,500	229,317
			----------	----------
TOTAL ASSETS LESS CURRENT LIABILITIES			267,022	270,663
			----------	----------
NET ASSETS			267,022	270,663
			----------	----------

CAPITAL AND RESERVES

Called up share capital	101	101
Share premium account	1,199	1,199
Profit and loss account	265,722	269,363
	----------	----------
SHAREHOLDERS FUNDS	267,022	270,663
	----------	----------

These financial statements have been prepared and delivered 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'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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

BARMBYFIELD BARNS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 11 December 2025 , and are signed on behalf of the board by:

Mr R P Bartram
Director

Company registration number: 08434944

BARMBYFIELD BARNS 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 Eythorne House, 44 Garths End, Pocklington, York, YO42 2JA.

2. STATEMENT OF COMPLIANCE

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

3. ACCOUNTING POLICIES

(a) 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.

(b) Revenue recognition

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

(c) Current & deferred tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

(d) Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation.

(e) 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:

	Motor vehicles	-	20% reducing balance

(f) Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. TANGIBLE ASSETS

	Investment property	Motor vehicles	Total
	£	£	£
Cost
At 1 April 2024 and 31 March 2025	497,690	6,989	504,679
	----------	-------	----------
Depreciation
At 1 April 2024	–	4,699	4,699
Charge for the year	–	458	458
	----------	-------	----------
At 31 March 2025	–	5,157	5,157
	----------	-------	----------
Carrying amount
At 31 March 2025	497,690	1,832	499,522
	----------	-------	----------
At 31 March 2024	497,690	2,290	499,980
	----------	-------	----------

The investment property was purchased during the year.

6. DEBTORS

	2025	2024
	£	£
Other debtors	1,093	332
	-------	----

7. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	–	1,240
Directors loan account	232,098	226,998
Other creditors	1,560	1,890
	----------	----------
	233,658	230,128
	----------	----------

8. RELATED PARTY TRANSACTIONS

During the year the directors made available loans to the company. The loans are interest free and repayable on demand. At the year end date the balance due to the directors totalled £ 232,098 (2024 - £ 226,998 ).