Company Registration No. 08575751 (England and Wales)
Barratt Energy Solution Services Limited
Unaudited accounts
for the year ended 31 May 2020
Barratt Energy Solution Services Limited
Unaudited accounts
Contents
Barratt Energy Solution Services Limited
Company Information
for the year ended 31 May 2020
Company Number
08575751 (England and Wales)
Registered Office
Camellia House
Water Lane
Wilmslow
Cheshire
SK9 5BB
United Kingdom
Accountants
Streamline Accountancy Limited
Ocean Business Centre
Ocean Street
Altrincham
Cheshire
WA14 5QL
Barratt Energy Solution Services Limited
Statement of financial position
as at 31 May 2020
Cash at bank and in hand
8,286
175,438
Creditors: amounts falling due within one year
(162,236)
(213,398)
Net current assets
98,895
141,646
Called up share capital
100
100
Profit and loss account
98,795
141,546
Shareholders' funds
98,895
141,646
For the year ending 31 May 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 8 December 2020 and were signed on its behalf by
Matthew Barratt
Director
Company Registration No. 08575751
Barratt Energy Solution Services Limited
Notes to the Accounts
for the year ended 31 May 2020
Barratt Energy Solution Services Limited is a private company, limited by shares, registered in England and Wales, registration number 08575751. The registered office is Camellia House, Water Lane, Wilmslow, Cheshire, SK9 5BB, United Kingdom.
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 directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The Company therefore continues to adopt the going concern basis in preparing its financial statements.
The accounts are presented in £ sterling.
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
Any estimates and underlying assumptions are reviewed on an ongoing basis. Any revisions to accounting estimates are recognised in the period in which the estimate is revised.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Expenditure on research and development is written off in the year in which it is incurred.
Barratt Energy Solution Services Limited
Notes to the Accounts
for the year ended 31 May 2020
The average number of employees and directors during the year is listed in the notes below.
In addition to these the Company also utilises the services of employees of other companies that are under common control along with subcontractors.
Trade debtors
99,300
129,606
Amounts due from group undertakings etc.
135,000
50,000
Total debtors less than one year
252,845
179,606
Total debtors
252,845
179,606
5
Creditors: amounts falling due within one year
2020
2019
Trade creditors
148,236
73,770
Taxes and social security
-
34,856
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
7
Transactions with related parties
The company has taken advantage of exemptions specified in FRS 102 and not disclosed the detail and nature of the following transactions ; non material transactions, transactions concluded under normal market conditions and transaction with companies under common control including Group companies.
The immediate parent company is Barratt Energy Holding Limited a company registered in England & Wales no. 08575050. Registered Office Address: Camellia House, Water Lane, Wilmslow, Cheshire, SK9 5BB
9
Average number of employees
During the year the average number of employees was 1 (2019: 1).
