Company Registration No. 08115863 (England and Wales)
Barnes & Scott Ltd
Unaudited accounts
for the year ended 31 March 2026
Barnes & Scott Ltd
Unaudited accounts
Contents
Barnes & Scott Ltd
Company Information
for the year ended 31 March 2026
Company Number
08115863 (England and Wales)
Registered Office
86-90 Paul Street
Shoreditch
London
EC2A 4NE
Barnes & Scott Ltd
Statement of financial position
as at 31 March 2026
Tangible assets
51,087
57,323
Cash at bank and in hand
292,213
273,926
Creditors: amounts falling due within one year
(171,198)
(144,259)
Net current assets
162,550
183,391
Total assets less current liabilities
213,637
240,714
Provisions for liabilities
Deferred tax
(12,772)
(14,331)
Net assets
200,865
226,383
Called up share capital
505
505
Profit and loss account
199,065
224,583
Shareholders' funds
200,865
226,383
For the year ending 31 March 2026 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 August 2026 and were signed on its behalf by
Tasnim Mustafa
Director
Company Registration No. 08115863
Barnes & Scott Ltd
Notes to the Accounts
for the year ended 31 March 2026
Barnes & Scott Ltd is a private company, limited by shares, registered in England and Wales, registration number 08115863. The registered office is 86-90 Paul Street, Shoreditch, London, EC2A 4NE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Straight Line
Computer equipment
25% Straight Line
Revenue represents amounts chargeable to clients for professional services provided during the year, net of any sales tax. Services to clients, which at the balance sheet date have not been billed, have been recognised as revenue. Revenue is recognised by reference to an assessment of the fair value of the services provided at the balance sheet date as a proportion of the total value of the engagement. Provision is made against unbilled amounts on those engagements where the right to receive payment is contingent on factors outside the control of the company.
Cash and cash equivalents
Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Barnes & Scott Ltd
Notes to the Accounts
for the year ended 31 March 2026
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2025
46,900
15,783
26,930
89,613
Additions
-
100
3,079
3,179
At 31 March 2026
46,900
15,883
30,009
92,792
At 1 April 2025
3,315
6,861
22,114
32,290
Charge for the year
4,358
2,556
2,501
9,415
At 31 March 2026
7,673
9,417
24,615
41,705
At 31 March 2026
39,227
6,466
5,394
51,087
At 31 March 2025
43,585
8,922
4,816
57,323
Amounts falling due within one year
Trade debtors
39,840
28,983
Accrued income and prepayments
1,695
24,741
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
86,988
82,846
Other creditors
23,037
1,715
Loans from directors
10,641
291
The director loan is measured at transaction price and is unsecured, interest free and repayable on demand.
7
Average number of employees
During the year the average number of employees was 11 (2025: 10).