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Registration number: 03584562

R C Barrett & Co Limited
trading as Barrett & Co
Unaudited Financial Statements
for the Year Ended 31 January 2026

R C Barrett & Co Limited
trading as Barrett & Co

(Registration number: 03584562)
Balance Sheet as at 31 January 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 4 | 3,135 | 1,203
Current assets |  |  |
Debtors | 5 | 30,832 | 21,615
Cash at bank and in hand |  | 30,248 | 28,833
|  | 61,080 | 50,448
Creditors: Amounts falling due within one year | 6 | (17,880) | (16,463)
Net current assets |  | 43,200 | 33,985
Net assets |  | 46,335 | 35,188
Capital and reserves |  |  |
Called up share capital | 7 | 100 | 100
Retained earnings |  | 46,235 | 35,088
Shareholders' funds |  | 46,335 | 35,188

For the financial year ending 31 January 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 of its accounts for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and FRS 102 Section 1A.

Approved and authorised by the director on 26 August 2026

......................................... Mr S A Barrett Director |  |

R C Barrett & Co Limited
trading as Barrett & Co

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is: Tithe House, 15 Dukes Ride, Crowthorne, Berkshire, RG45 6LZ, United Kingdom.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, rebates and discounts. The company recognises revenue when the amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax which is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | Straight line basis over 3 to 10 years

R C Barrett & Co Limited
trading as Barrett & Co

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

2 | Accounting policies (continued)

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the debtor.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. All shares are issued on a fully paid basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions. Contributions to defined contribution plans are recognised as an expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

R C Barrett & Co Limited
trading as Barrett & Co

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2025 - 2).

4 | Tangible assets

| Plant and equipment £ | Total £
Cost or valuation
At 1 February 2025 | 18,506 | 18,506
Additions | 3,217 | 3,217
Disposals | (4,150) | (4,150)
At 31 January 2026 | 17,573 | 17,573
Depreciation
At 1 February 2025 | 17,303 | 17,303
Charge for the year | 892 | 892
Eliminated on disposal | (3,757) | (3,757)
At 31 January 2026 | 14,438 | 14,438
Carrying amount
At 31 January 2026 | 3,135 | 3,135
At 31 January 2025 | 1,203 | 1,203

5 | Debtors

Current | 2026 £ | 2025 £
Trade debtors | 26,071 | 19,323
Prepayments | 1,410 | 1,210
Other debtors | 3,351 | 1,082
| 30,832 | 21,615

R C Barrett & Co Limited
trading as Barrett & Co

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2026 £ | 2025 £
Bank loans and overdrafts | 8 | 434 | -
Taxes and social security |  | 16,641 | 15,658
Other creditors |  | 805 | 805
|  | 17,880 | 16,463

7 | Share capital

Allotted, called up and fully paid shares

| 2026 | 2025
| No. | £ | No. | £
Ordinary of £1 each | 100 | 100 | 100 | 100

8 | Loans and borrowings

Current loans and borrowings

| 2026 £ | 2025 £
Bank borrowings | 434 | -