Barber,wilsons And Company Limited - Accounts to registrar (filleted) - small 18.2

Barber,wilsons And Company Limited - Accounts to registrar (filleted) - small 18.2

BARBER,WILSONS AND COMPANY LIMITED - Company Information

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REGISTERED NUMBER: 00100285 (England and Wales)








FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2018

FOR

BARBER,WILSONS AND COMPANY LIMITED
BARBER,WILSONS AND COMPANY LIMITED (REGISTERED NUMBER: 00100285)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BARBER,WILSONS AND COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2018







DIRECTORS: J S Bigland
A D Warren





SECRETARY: S Henison





REGISTERED OFFICE: Crawley Road
Westbury Avenue
Wood Green
London
N22 6AH





REGISTERED NUMBER: 00100285 (England and Wales)





ACCOUNTANTS: Avraam Associates Limited
Chartered Accountants
495 Green Lanes
London
N13 4BS
Page 1
BARBER,WILSONS AND COMPANY LIMITED (REGISTERED NUMBER: 00100285)

BALANCE SHEET
31ST DECEMBER 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 74,034 46,729

CURRENT ASSETS
Stocks 450,656 479,619
Debtors 5 222,491 243,149
Cash at bank and in hand 103,977 168,986
777,124 891,754
CREDITORS
Amounts falling due within one year 6 263,674 180,882
NET CURRENT ASSETS 513,450 710,872
TOTAL ASSETS LESS CURRENT LIABILITIES 587,484 757,601

CAPITAL AND RESERVES
Called up share capital 7 250,000 250,000
Retained earnings 337,484 507,601
SHAREHOLDERS' FUNDS 587,484 757,601

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end
of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.

The notes form part of these financial statements

Page 2 continued...
BARBER,WILSONS AND COMPANY LIMITED (REGISTERED NUMBER: 00100285)

BALANCE SHEET - continued
31ST DECEMBER 2018


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 7th November 2019 and were signed on its
behalf by:




A D Warren - Director



J S Bigland - Director


The notes form part of these financial statements

Page 3
BARBER,WILSONS AND COMPANY LIMITED (REGISTERED NUMBER: 00100285)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2018

1. STATUTORY INFORMATION

Barber,wilsons And Company Limited is a private company, limited by shares , registered in England and Wales.
The company's registered number and registered office address can be found on the Company Information
page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 10% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and
slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws
that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal
of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that
they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

Page 4 continued...
BARBER,WILSONS AND COMPANY LIMITED (REGISTERED NUMBER: 00100285)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2018

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's
pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2017 - 19 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st January 2018 516,996
Additions 35,544
At 31st December 2018 552,540
DEPRECIATION
At 1st January 2018 470,267
Charge for year 8,239
At 31st December 2018 478,506
NET BOOK VALUE
At 31st December 2018 74,034
At 31st December 2017 46,729

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 184,758 228,683
Other debtors 37,733 14,466
222,491 243,149

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Hire purchase contracts - 2,138
Trade creditors 186,596 97,251
Taxation and social security 14,760 35,733
Other creditors 62,318 45,760
263,674 180,882

Page 5 continued...
BARBER,WILSONS AND COMPANY LIMITED (REGISTERED NUMBER: 00100285)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2018

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2018 2017
value: £    £   
250,000 Ordinary £1 250,000 250,000

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party are the two directors, Mr A Warren and Mr J Bigland by virtue of their
shareholding in Barber, Wilsons & Company (Holdings) Limited, the ultimate parent company.

Page 6