REGISTERED NUMBER: 10145514 (England and Wales)

Financial Statements

for the Year Ended 30 April 2025

for

Barton Furniture Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

J Lorimer

REGISTERED OFFICE:

Unit 3

Milner Road

Long Eaton

Derbyshire

NG10 1LB

REGISTERED NUMBER:

10145514 (England and Wales)

ACCOUNTANTS:

Wilson Partners Limited

Chancery House

30 St Johns Road

Woking

Surrey

GU21 7SA

FIXED ASSETS

Intangible assets

5

-

-

Property, plant and equipment

6

681,919

465,357

681,919

465,357

CURRENT ASSETS

Inventories

1,083,231

664,528

Debtors

7

1,098,698

1,476,233

Cash at bank

7,500

20,037

2,189,429

2,160,798

CREDITORS

Amounts falling due within one year

8

(1,946,628

)

(1,398,315

)

NET CURRENT ASSETS

242,801

762,483

TOTAL ASSETS LESS CURRENT LIABILITIES

924,720

1,227,840

CREDITORS

Amounts falling due after more than one year

9

(376,613

)

(199,089

)

PROVISIONS FOR LIABILITIES

(169,855

)

(108,141

)

NET ASSETS

378,252

920,610

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

378,152

920,510

378,252

920,610

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 18 May 2026 and were signed by:

J Lorimer - Director

1.	STATUTORY INFORMATION

Barton Furniture 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 (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

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

Income is recognised at the point that the company's goods are delivered to their customers, being the time ownership is transferred to the customer. Any invoices relating to deposits towards future orders are deferred in the financial statements until such time as the goods are supplied to the customer.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

Improvements to property

-

25% on cost

Plant and machinery

-

10% on cost

Fixtures and fittings

-

25% on cost

Software

-

33% on cost

Computer equipment

-

20% on cost

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 63 (2024 - 58 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

Cost

At 1 May 2024

and 30 April 2025

39,994

Amortisation

At 1 May 2024

and 30 April 2025

39,994

Net book value

At 30 April 2025

-

At 30 April 2024

-

6.	PROPERTY, PLANT AND EQUIPMENT

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

Cost

At 1 May 2024

51,330

583,444

20,629

Additions

3,013

303,474

-

At 30 April 2025

54,343

886,918

20,629

Depreciation

At 1 May 2024

21,584

153,529

20,629

Charge for year

13,210

75,583

-

At 30 April 2025

34,794

229,112

20,629

Net book value

At 30 April 2025

19,549

657,806

-

At 30 April 2024

29,746

429,915

-

Computer

Software

equipment

Totals

£

£

£

Cost

At 1 May 2024

34,276

12,723

702,402

Additions

-

1,582

308,069

At 30 April 2025

34,276

14,305

1,010,471

Depreciation

At 1 May 2024

34,275

7,028

237,045

Charge for year

-

2,714

91,507

At 30 April 2025

34,275

9,742

328,552

Net book value

At 30 April 2025

1

4,563

681,919

At 30 April 2024

1

5,695

465,357

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/4/25

30/4/24

£

£

Trade debtors

1,082,668

1,209,198

Other debtors

16,030

267,035

1,098,698

1,476,233

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/4/25

30/4/24

£

£

Bank loans and overdrafts

110,726

5,291

Hire purchase contracts (see note 10)

109,862

74,818

Trade creditors

536,173

181,947

Taxation and social security

462,334

346,843

Other creditors

727,533

789,416

1,946,628

1,398,315

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30/4/25

30/4/24

£

£

Bank loans

77,302

15,871

Hire purchase contracts (see note 10)

299,311

183,218

376,613

199,089

10.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

30/4/25

30/4/24

£

£

Net obligations repayable:

Within one year

109,862

74,818

Between one and five years

299,311

183,218

409,173

258,036

Non-cancellable

operating leases

30/4/25

30/4/24

£

£

Within one year

67,992

67,992

Between one and five years

101,988

169,980

169,980

237,972