Company Registration No. 10316966 (England and Wales)
BarleyGroupCloud Ltd
Unaudited accounts
for the year ended 31 August 2020
BarleyGroupCloud Ltd
Unaudited accounts
Contents
BarleyGroupCloud Ltd
Company Information
for the year ended 31 August 2020
Company Number
10316966 (England and Wales)
Registered Office
Whitehouse
Bucksgreen
Eye
IP237LL
GB
Accountants
Apostle Accounting Limited
5 Marriotts Walk
Stowmarket
Suffolk
IP14 1AF
BarleyGroupCloud Ltd
Statement of financial position
as at
31 August 2020
Called up share capital not paid
(100)
-
Intangible assets
2,744
684
Tangible assets
9,349
8,767
Cash at bank and in hand
204,442
149,482
Creditors: amounts falling due within one year
(20,981)
(55,436)
Net current assets
206,302
114,441
Total assets less current liabilities
218,495
123,892
Creditors: amounts falling due after more than one year
(45,651)
-
Net assets
172,844
123,892
Revaluation reserve
(135)
(135)
Capital redemption reserve
38,017
13,541
Profit and loss account
134,962
110,486
Shareholders' funds
172,844
123,892
For the year ending 31 August 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 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 1 July 2021 and were signed on its behalf by
David Town
Director
Company Registration No. 10316966
BarleyGroupCloud Ltd
Notes to the Accounts
for the year ended 31 August 2020
BarleyGroupCloud Ltd is a private company, limited by shares, registered in England and Wales, registration number 10316966. The registered office is Whitehouse, Bucksgreen, Eye, IP237LL, GB.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
At 1 September 2019
(684)
BarleyGroupCloud Ltd
Notes to the Accounts
for the year ended 31 August 2020
5
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
At 1 September 2019
6,918
At 1 September 2019
(1,849)
Charge for the year
(582)
At 31 August 2020
(2,431)
6
Debtors: amounts falling due within one year
2020
2019
Trade debtors
22,323
19,068
7
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
22,000
-
Trade creditors
(1,172)
(651)
Taxes and social security
-
56,087
Loans from directors
153
-
8
Creditors: amounts falling due after more than one year
2020
2019
Obligations under finance leases and hire purchase contracts
45,651
-
9
Average number of employees
During the year the average number of employees was 0 (2019: 0).