Company No:
Contents
| DIRECTORS | Mr B Cheeseman |
| Mrs C I Cheeseman |
| REGISTERED OFFICE | Barc |
| Hems Studio | |
| 86 Longbrook Street | |
| Exeter | |
| EX4 6AP | |
| United Kingdom |
| COMPANY NUMBER | 13043694 (England and Wales) |
| ACCOUNTANT | Gravita Western Limited |
| Keble House | |
| Southernhay Gardens | |
| Exeter | |
| EX1 1NT | |
| United Kingdom |
| Note | 2025 | 2024 | ||
| £ | £ | |||
| Fixed assets | ||||
| Investments | 3 |
|
|
|
| 200 | 200 | |||
| Current assets | ||||
| Debtors | 4 |
|
|
|
| Cash at bank and in hand |
|
|
||
| 62,498 | 33,394 | |||
| Creditors: amounts falling due within one year | 5 | (
|
(
|
|
| Net current assets | 34,251 | 32,134 | ||
| Total assets less current liabilities | 34,451 | 32,334 | ||
| Net assets |
|
|
||
| Capital and reserves | ||||
| Called-up share capital |
|
|
||
| Profit and loss account |
|
|
||
| Total shareholders' funds |
|
|
Directors' responsibilities:
The financial statements of Barc Design and Build Limited (registered number:
|
Mr B Cheeseman
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Barc Design and Build Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Barc, Hems Studio, 86 Longbrook Street, Exeter, EX4 6AP, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
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.
Investments in subsidiary undertakings are recognised at cost.
contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
| 2025 | 2024 | ||
| Number | Number | ||
| Monthly average number of persons employed by the Company during the year, including directors |
|
|
Investments in subsidiaries
| 2025 | |
| £ | |
| Cost | |
| At 01 December 2024 |
|
| At 30 November 2025 |
|
| Carrying value at 30 November 2025 |
|
| Carrying value at 30 November 2024 |
|
| 2025 | 2024 | ||
| £ | £ | ||
| Amounts owed by directors |
|
|
|
| Other debtors | (
|
|
|
|
|
|
| 2025 | 2024 | ||
| £ | £ | ||
| Amounts owed to Group undertakings |
|
|
|
| Accruals |
|
|
|
|
|
|
The following advances and credits to directors subsisted during the years ended 30 November 2025 and 30 November 2024:
| 2025 | 2024 | ||
| £ | £ | ||
| **Mrs C I Cheeseman** | 0 | 0 | |
| Balance outstanding at start of year | 15,765 | 54,185 | |
| Amounts advanced | 72,864 | 62,272 | |
| Amounts repaid | (50,270) | (100,692) | |
| Balance outstanding at end of year | 38,359 | 15,765 |
| 2025 | 2024 | ||
| £ | £ | ||
| **Mr B Cheeseman** | 0 | 0 | |
| Balance outstanding at start of year | 15,765 | (22,322) | |
| Amounts advanced | 57,780 | 110,334 | |
| Amounts repaid | (49,425) | (72,248) | |
| Balance outstanding at end of year | 24,120 | 15,765 |
Interest has been charged at HM Revenue and Customs official rate where the balance has exceeded £10,000 at any point within the year. Interest charged in this period is £3,547. (2024 - £1,932 ).