REGISTERED NUMBER: 14391389 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2025

FOR

BAR12 LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

8

DIRECTOR:

Mr D M Hoyle-Capstick

REGISTERED OFFICE:

95 King Street

Lancaster

LA1 1RH

REGISTERED NUMBER:

14391389 (England and Wales)

ACCOUNTANTS:

Taylor, Robertson & Willett Ltd

95 King Street

Lancaster

Lancashire

LA1 1RH

FIXED ASSETS

Owned

Tangible assets

4

17,009

5,654

Right-of-use

Tangible assets

4, 8

534,809

1,704

551,818

7,358

CURRENT ASSETS

Stocks

14,715

12,998

Debtors

5

28,438

20,406

Cash at bank and in hand

83,183

62,272

126,336

95,676

CREDITORS

Amounts falling due within one year

6

167,495

81,849

NET CURRENT (LIABILITIES)/ASSETS

(41,159

)

13,827

TOTAL ASSETS LESS CURRENT LIABILITIES

510,659

21,185

CREDITORS

Amounts falling due after more than one year

7

491,190

1,144

NET ASSETS

19,469

20,041

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

19,369

19,941

SHAREHOLDERS' FUNDS

19,469

20,041

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 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 15th July 2026 and were signed by:

Mr D M Hoyle-Capstick - Director

1.	STATUTORY INFORMATION

BAR12 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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Long leasehold

-

5% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on cost

Computer equipment

-

33% on reducing balance

Stocks

Stocks 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 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.

Leases

The company has early adopted the amendments to FRS 102 (Periodic Review 2024) regarding lease recognition. Right-of-use assets and corresponding lease liabilities are recognised for all material lease arrangements.

Lease liabilities are initially measured at the present value of future payments and subsequently amortised. Right-of-use assets are initially measured at cost, which includes initial direct costs and estimated removal/dismantling expenses.

Assets are depreciated over the shorter of the lease term or their useful life, unless ownership transfers, in which case they are depreciated over the asset’s useful life.

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 20 (2024 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1st November 2024

-

340

3,418

Additions

548,023

8,304

5,403

At 31st October 2025

548,023

8,644

8,821

DEPRECIATION

At 1st November 2024

-

38

411

Charge for year

32,718

781

798

At 31st October 2025

32,718

819

1,209

NET BOOK VALUE

At 31st October 2025

515,305

7,825

7,612

At 31st October 2024

-

302

3,007

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1st November 2024

-

4,977

8,735

Additions

23,550

840

586,120

At 31st October 2025

23,550

5,817

594,855

DEPRECIATION

At 1st November 2024

-

928

1,377

Charge for year

5,888

1,475

41,660

At 31st October 2025

5,888

2,403

43,037

NET BOOK VALUE

At 31st October 2025

17,662

3,414

551,818

At 31st October 2024

-

4,049

7,358

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

28,438

20,406

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

6,596

-

Leases (see note 8)

65,222

913

Trade creditors

33,627

30,507

Taxation and social security

47,026

31,634

Other creditors

15,024

18,795

167,495

81,849

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Leases (see note 8)

491,190

1,144

Amounts falling due in more than five years:

Repayable by instalments

Finance leases

247,141

-

8.

LEASING

Right-of-use assets

Tangible fixed assets

2025

2024

£

£

COST

At 1st November 2024

2,230

2,230

Additions

572,413

-

574,643

2,230

DEPRECIATION

At 1st November 2024

526

526

Charge for year

39,308

-

39,834

526

NET BOOK VALUE

534,809

1,704

Lease liabilities

Minimum lease payments fall due as follows:

2025

2024

£

£

Gross obligations repayable:

Within one year

65,222

913

Between one and five years

244,049

1,144

In more than five years

247,141

-

556,412

2,057

Finance charges repayable:

Net obligations repayable:

Within one year

65,222

913

Between one and five years

244,049

1,144

In more than five years

247,141

-

556,412

2,057

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st October 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Our report is prepared solely for the confidential use of the directors and should not be relied upon by any third party without prior reference to ourselves.

Taylor, Robertson & Willett Ltd

95 King Street

Lancaster

Lancashire

LA1 1RH

15th July 2026