Barnacles Restaurant Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 15146568

		30 September 2025		30 September 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets			5,743		-

			5,743		-
CURRENT ASSETS
Stocks		19,925		9,090
Debtors	4	77,388		55,091
Cash at bank and in hand		86,283		88,008

		183,596		152,189
Creditors: Amounts Falling Due Within One Year	5	(163,679 )		(151,270 )

NET CURRENT ASSETS (LIABILITIES)			19,917		919

TOTAL ASSETS LESS CURRENT LIABILITIES			25,660		919

Creditors: Amounts Falling Due After More Than One Year	6		(23,617 )		-

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1,436 )		-

NET ASSETS			607		919

CAPITAL AND RESERVES
Called up share capital	7		300		300
Profit and Loss Account			307		619

SHAREHOLDERS' FUNDS			607		919

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Barnacles Restaurant Limited

Balance Sheet (continued)

As At 30 September 2025

For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr David Freeman Director	Mrs Kate Baron Director	Mrs Fenella Freeman Director
9 March 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Barnacles Restaurant Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15146568 . The registered office is Manor Court Chambers, Townsend Drive, Nuneaton, Warwickshire, CV11 6RU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents the amount receivable for

goods supplied, net of returns, discounts, valued added tax and other sales taxes.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

10% reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 balance sheet date.

Deferred tax

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

2.6. Debtors

Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

2.7. Creditors

Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

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Barnacles Restaurant Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 37 (2024: 33)

4. Debtors

	30 September 2025	30 September 2024
	£	£
Due within one year
Trade debtors	8,627	26,347
Other debtors	68,761	28,744

	77,388	55,091

5. Creditors: Amounts Falling Due Within One Year

	30 September 2025	30 September 2024
	£	£
Trade creditors	56,267	41,147
Bank loans and overdrafts	4,793	-
Other creditors	11,470	10,135
Taxation and social security	91,149	99,988

	163,679	151,270

6. Creditors: Amounts Falling Due After More Than One Year

	30 September 2025	30 September 2024
	£	£
Bank loans	23,617	-

7. Share Capital

	30 September 2025	30 September 2024
	£	£
Allotted, Called up and fully paid	300	300

8. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 October 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 30 September 2025
	£	£	£	£	£
Mr David Freeman	-	1,345	-	-	-
Mrs Kate Baron	-	18,860	-	-	-

The above loan is unsecured, interest free and repayable on demand.

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