Registration number: 08114567

The Barcode Network Limited

trading as The Barcode Network Ltd

(Registration number: 08114567)
Balance Sheet as at 31 August 2025

	Note	2025 £	2024 £
Current assets
Debtors	6	29,980	29,980
Cash at bank and in hand		5	5
		29,985	29,985
Creditors: Amounts falling due within one year	8	(77,287)	(77,287)
Total assets less current liabilities		(47,302)	(47,302)
Creditors: Amounts falling due after more than one year	8	(17,757)	(17,757)
Provisions for liabilities	9	(294)	(294)
Net liabilities		(65,353)	(65,353)
Capital and reserves
Called up share capital	11	10,000	10,000
Retained earnings		(75,353)	(75,353)
Shareholders' deficit		(65,353)	(65,353)

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 2 October 2026
 

The Barcode Network Limited

trading as The Barcode Network Ltd

(Registration number: 08114567)
Balance Sheet as at 31 August 2025

......................................... Mr Toby William Jenkins Prior Director

The Barcode Network Limited

trading as The Barcode Network Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

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:
Oaklands
Theale Road
Burghfield
Reading
Berkshire
RG30 3TN

These financial statements were authorised for issue by the director on 2 October 2026.

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

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

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.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tangible assets

Tangible assets are stated in the balance sheet 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.

The Barcode Network Limited

trading as The Barcode Network Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

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:

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

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 receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

The Barcode Network Limited

trading as The Barcode Network Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

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. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

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 even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

The Barcode Network Limited

trading as The Barcode Network Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

3	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 September 2024	75,000	75,000
At 31 August 2025	75,000	75,000
Amortisation
At 1 September 2024	75,000	75,000
At 31 August 2025	75,000	75,000
Carrying amount
At 31 August 2025	-	-

4	Tangible assets

	Other tangible assets £	Total £
Cost or valuation
At 1 September 2024	19,988	19,988
At 31 August 2025	19,988	19,988
Depreciation
At 1 September 2024	19,988	19,988
At 31 August 2025	19,988	19,988
Carrying amount
At 31 August 2025	-	-

The Barcode Network Limited

trading as The Barcode Network Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

5

Stocks

2025 £

2024 £

6

Debtors

Current	Note	2025 £	2024 £
Trade debtors		(8,376)	(8,376)
Other debtors		18,647	18,647
Income tax asset		19,709	19,709
		29,980	29,980

7	Cash and cash equivalents

	2025 £	2024 £
Cash at bank	5	5
Bank overdrafts	(26,295)	(26,295)
Cash and cash equivalents in statement of cash flows	(26,290)	(26,290)

8

Creditors

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	12	40,034	40,034
Trade creditors		16,548	16,548
Amounts due to related parties	13	18,646	18,646
Other payables		979	979
Accruals		1,080	1,080
		77,287	77,287
Due after one year
Loans and borrowings	12	17,757	17,757

The Barcode Network Limited

trading as The Barcode Network Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

9	Provisions for liabilities

	Deferred tax £	Total £
At 1 September 2024	294	294
At 31 August 2025	294	294

10	Pension and other schemes

Defined contribution pension scheme

The company operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the company to the scheme and amounted to £Nil (2024 - £919).

11	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary Shares of £1 each	10,000	10,000	10,000	10,000

The Barcode Network Limited

trading as The Barcode Network Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

12	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	17,757	17,757

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	13,739	13,739
Bank overdrafts	26,295	26,295
	40,034	40,034

13	Related party transactions

The Barcode Network Limited

trading as The Barcode Network Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Dividends paid to the director

		2025 £		2024 £
Mr Toby William Jenkins Prior
Interim and Final Dividend		-		-