Barbour All Terrain Tracking Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04094435

Barbour All Terrain Tracking Ltd

Unaudited Financial Statements

for the Year Ended 31 March 2020

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D G C Barbour

SECRETARY:

H J Barbour

REGISTERED OFFICE:

17 Walkergate

Berwick-Upon-Tweed

Northumberland

TD15 1DJ

REGISTERED NUMBER:

04094435

ACCOUNTANTS:

Whitelaw Wells

The Lighthouse

Heugh Road

North Berwick

EH39 5PX

BANKERS:

The Royal Bank of Scotland plc

32 Court Street

Haddington

East Lothian

EH41 3NS

FIXED ASSETS

Tangible assets

4

14,205

18,659

CURRENT ASSETS

Debtors

5

6,844

58,789

Cash at bank

42,803

22,051

49,647

80,840

CREDITORS

Amounts falling due within one year

6

11,292

33,039

NET CURRENT ASSETS

38,355

47,801

TOTAL ASSETS LESS CURRENT LIABILITIES

52,560

66,460

PROVISIONS FOR LIABILITIES

1,857

2,518

NET ASSETS

50,703

63,942

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

50,603

63,842

50,703

63,942

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 director and authorised for issue on 18 May 2020 and were signed by:

D G C Barbour - Director

1.	STATUTORY INFORMATION

Barbour All Terrain Tracking Ltd is a private company, limited by shares , registered in Not

specified/Other. The company's registered number and registered office address can be found on

the Company Information page.

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.

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial

instruments. Basic financial instruments are initially recognised at transaction value and

subsequently measured at their settlement value.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2019

165,909

Additions

225

At 31 March 2020

166,134

DEPRECIATION

At 1 April 2019

147,250

Charge for year

4,679

At 31 March 2020

151,929

NET BOOK VALUE

At 31 March 2020

14,205

At 31 March 2019

18,659

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

3,951

55,000

Other debtors

2,893

3,789

6,844

58,789

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade creditors

-

298

Taxation and social security

-

14,054

Other creditors

11,292

18,687

11,292

33,039