| Barnsley Hewett and Mallinson Limited |
| Registered number: |
02122399 |
| Balance Sheet |
| as at 30 April 2022 |
|
| Notes |
|
|
2022 |
|
|
2021 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
4,778 |
|
|
13,693 |
| Investments |
4 |
|
|
14,294 |
|
|
14,294 |
|
|
|
|
19,072 |
|
|
27,987 |
|
| Current assets |
| Debtors |
5 |
|
109,722 |
|
|
105,122 |
| Cash at bank and in hand |
|
|
110,844 |
|
|
185,800 |
|
|
|
220,566 |
|
|
290,922 |
|
| Creditors: amounts falling due within one year |
6 |
|
(23,595) |
|
|
(27,931) |
|
| Net current assets |
|
|
|
196,971 |
|
|
262,991 |
|
| Net assets |
|
|
|
216,043 |
|
|
290,978 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
4,219 |
|
|
4,219 |
| Revaluation reserve |
7 |
|
|
7,031 |
|
|
7,031 |
| Profit and loss account |
|
|
|
204,793 |
|
|
279,728 |
|
| Shareholders' funds |
|
|
|
216,043 |
|
|
290,978 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| M L Harrison |
| Director |
| Approved by the board on 2 November 2022 |
|
| Barnsley Hewett and Mallinson Limited |
| Notes to the Accounts |
| for the year ended 30 April 2022 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Freehold buildings |
over 50 years |
|
Leasehold land and buildings |
over the lease term |
|
Plant and machinery |
over 5 years |
|
Fixtures, fittings, tools and equipment |
over 5 years |
|
|
Long Term Contracts |
|
Where the outcome of incomplete contracts can be assessed with reasonable certainty, the attributable profit is recognised in the profit and loss account as an appropriate proportion of the estimated profit for that contract. The amount by which turnover is in excess of progress payments received and receivable is classified as amounts recoverable on contracts and separately disclosed in debtors. In assessing amounts recoverable, the directors provide for the cost of potential claims based on experience. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
Other income |
|
For the monthly Job Retention Scheme grant income, the income has been recognised in the period to which the underlying furloughed staff costs relate to. The payroll liability has been incurred by the company, and it has therefore met the conditions to claim for that payroll accounting period.
Revenue grants are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Employees |
2022 |
|
2021 |
| Number |
Number |
|
|
Average number of persons employed by the company |
5 |
|
7 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 1 May 2021 |
376,774 |
|
At 30 April 2022 |
376,774 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 May 2021 |
363,081 |
|
Charge for the year |
8,915 |
|
At 30 April 2022 |
371,996 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 April 2022 |
4,778 |
|
At 30 April 2021 |
13,693 |
|
|
| 4 |
Investments |
|
| Other |
| investments |
| £ |
|
Cost |
|
At 1 May 2021 |
14,294 |
|
|
At 30 April 2022 |
14,294 |
|
|
| 5 |
Debtors |
2022 |
|
2021 |
| £ |
£ |
|
|
Trade debtors |
60,312 |
|
52,181 |
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
45,868 |
|
38,271 |
|
Other debtors |
3,542 |
|
14,670 |
|
|
|
|
|
|
109,722 |
|
105,122 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2022 |
|
2021 |
| £ |
£ |
|
|
Trade creditors |
4,532 |
|
8,442 |
|
Taxation and social security costs |
5,690 |
|
6,994 |
|
Other creditors |
13,373 |
|
12,495 |
|
|
|
|
|
|
23,595 |
|
27,931 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Revaluation reserve |
2022 |
|
2021 |
| £ |
£ |
|
|
At 1 May 2021 |
7,031 |
|
7,031 |
|
|
At 30 April 2022 |
7,031 |
|
7,031 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Other financial commitments |
2022 |
|
2021 |
| £ |
£ |
|
|
Total future minimum payments under non-cancellable operating leases |
|
11,464 |
|
11,464 |
|
|
|
|
|
|
|
|
|
|
| 9 |
Other information |
|
|
Barnsley Hewett and Mallinson Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Unit 4 |
|
121 Mortlake High Street |
|
London |
|
SW14 8SN |
