Barry'S Trading Company Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05694271 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Barry'S Trading Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P A K Barry

SECRETARY:

O D C Barry

REGISTERED OFFICE:

Village Pharmacy

8/9 Belsize Terrace

London

NW3 4AX

REGISTERED NUMBER:

05694271 (England and Wales)

ACCOUNTANTS:

Bullimores LLP

Chartered Accountants

Old Printers Yard

156 South Street

Dorking

Surrey

RH4 2HF

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

29,046

29,351

29,046

29,351

CURRENT ASSETS

Stocks

6

314,740

311,326

Debtors

7

124,999

89,308

Cash at bank and in hand

107,345

116,485

547,084

517,119

CREDITORS

Amounts falling due within one year

8

132,066

125,030

NET CURRENT ASSETS

415,018

392,089

TOTAL ASSETS LESS CURRENT
LIABILITIES

444,064

421,440

CREDITORS

Amounts falling due after more than one year

9

-

(3,093

)

PROVISIONS FOR LIABILITIES

(7,262

)

(7,338

)

NET ASSETS

436,802

411,009

CAPITAL AND RESERVES

Called up share capital

11

1,000

Retained earnings

435,802

410,009

SHAREHOLDERS' FUNDS

436,802

411,009

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 July 2026 and were signed by:

P A K Barry - Director

1.	STATUTORY INFORMATION

Barry'S Trading Company 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.

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.

The accounts have been prepared on a going concern basis.

Turnover

Turnover represents the net invoiced sales of pharmaceutical products, including income from contracts to supply these products. Supplies under contract are invoiced at the end of the month in which they are delivered.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

At each reporting date, assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment the recoverable amount of any affected asset is estimated and an impairment loss is recognised immediately in the income statement.

Stocks

Stocks are valued on a first in first out basis and at the lower of their cost and net realisable value. A stocktake is conducted at the year end to identify any slow moving or damaged items and an appropriate provision is made.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

475,000

AMORTISATION

At 1 April 2025

and 31 March 2026

475,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 April 2025

-

48,230

48,604

96,834

Additions

7,281

-

640

7,921

At 31 March 2026

7,281

48,230

49,244

104,755

DEPRECIATION

At 1 April 2025

-

42,228

25,255

67,483

Charge for year

728

1,501

5,997

8,226

At 31 March 2026

728

43,729

31,252

75,709

NET BOOK VALUE

At 31 March 2026

6,553

4,501

17,992

29,046

At 31 March 2025

-

6,002

23,349

29,351

6.

STOCKS

31.3.26

31.3.25

£

Finished goods

314,740

311,326

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade debtors

67,901

63,414

Directors' current accounts

24,791

-

VAT

12,152

5,287

Prepayments

20,155

20,607

124,999

89,308

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Bank loans and overdrafts

2,649

10,000

Trade creditors

99,143

97,691

Tax

26,052

14,035

Social security and other taxes

18

-

Other creditors

234

379

Accrued expenses

3,970

2,925

132,066

125,030

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.26

31.3.25

£

Bank loans 1-2 years

-

3,093

The Bounce Back Loan taken out in 2021 incurs interest of 2.5%.

10.	LEASING AGREEMENTS

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

31.3.26

31.3.25

£

Within one year

56,000

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

700

Ordinary

£1

700

300

Ordinary B

£1

300

1,000

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P A K Barry.

13.	SECURED DEBTS

Barclays Bank PLC hold a debenture over the company in respect of the overdraft facility it has made. This available debenture is secured against all monies due, or to become due, from the company.

14.	CONSIDERATION OF THE BASIS OF THE PREPARATION OF THE FINANCIAL STATEMENTS

The Directors have considered the basis of preparation in the Directors Report.