Company Registration No. 03428563 (England and Wales)
THE BLUE BARN LIMITED
Unaudited accounts
for the period from 1 August 2019 to 30 June 2020
THE BLUE BARN LIMITED
Unaudited accounts
Contents
THE BLUE BARN LIMITED
Company Information
for the period from 1 August 2019 to 30 June 2020
Directors
John Stuart Batchelor
Phillip David Day
Company Number
03428563 (England and Wales)
THE BLUE BARN LIMITED
Statement of financial position
as at
30 June 2020
Intangible assets
1
31,040
Tangible assets
85,868
103,380
Inventories
197,642
194,710
Cash at bank and in hand
223,551
237,176
Creditors: amounts falling due within one year
(108,219)
(88,485)
Net current assets
355,886
386,256
Net assets
441,755
520,676
Called up share capital
400,000
400,000
Profit and loss account
41,755
120,676
Shareholders' funds
441,755
520,676
For the period ending 30 June 2020 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 directors acknowledge their 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 of Directors and authorised for issue on 28 August 2020 and were signed on its behalf by
John Stuart Batchelor
Director
Company Registration No. 03428563
THE BLUE BARN LIMITED
Notes to the Accounts
for the period from 1 August 2019 to 30 June 2020
THE BLUE BARN LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03428563.
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.
These financial statements for the period from 1 August 2019 to 30 June 2020 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2018.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Charge for the period
31,039
THE BLUE BARN LIMITED
Notes to the Accounts
for the period from 1 August 2019 to 30 June 2020
5
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
Charge for the period
17,567
Finished goods
197,642
194,710
Trade debtors
29,591
28,749
Accrued income and prepayments
13,321
14,106
8
Creditors: amounts falling due within one year
2020
2019
Trade creditors
57,902
37,119
Taxes and social security
22,274
25,734
9
Average number of employees
During the period the average number of employees was 13 (2019: 14).