Barsby Estates Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10840383 (England and Wales)

BARSBY ESTATES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2020

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs K L Goodacre

Mrs S J J Dean

REGISTERED OFFICE:

Unit T2 Ivanhoe Office Park

Ivanhoe Park Way

Ashby-De-La-Zouch

Leicestershire

LE65 2AB

REGISTERED NUMBER:

10840383 (England and Wales)

ACCOUNTANTS:

Maple Accountancy Ltd

83 Friar Gate

Derby

Derbyshire

DE1 1FL

FIXED ASSETS

Tangible assets

4

724,491

725,197

CURRENT ASSETS

Debtors

-

12,985

Cash at bank

99,732

13,210

99,732

26,195

CREDITORS

Amounts falling due within one year

302,108

211,980

NET CURRENT LIABILITIES

(202,376

)

(185,785

)

TOTAL ASSETS LESS CURRENT LIABILITIES

522,115

539,412

CREDITORS

Amounts falling due after more than one year

447,387

473,183

NET ASSETS

74,728

66,229

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

74,628

66,129

74,728

66,229

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2020 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 June 2020 in accordance with Section 444(2A) of the Companies Act 2006.

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 and authorised for issue on 8 October 2020 and were signed on its behalf by:

Mrs S J J Dean - Director

1.	STATUTORY INFORMATION

Barsby Estates 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.

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

-

15% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 July 2019

and 30 June 2020

727,138

DEPRECIATION

At 1 July 2019

1,941

Charge for year

706

At 30 June 2020

2,647

NET BOOK VALUE

At 30 June 2020

724,491

At 30 June 2019

725,197