Barham Leisure Limited
Barham Leisure Limited
Registered number: 12760448
Unaudited Financial Statements
For The Year Ended
31 July 2022
GLX Limited
Chartered Accountants
69-75 Thorpe Road
Norwich
NR1 1UA
Barham Leisure Limited
Unaudited Financial Statements
For The Year Ended
31 July 2022
Unaudited Financial Statements
| Contents | |
| Page | |
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| Company Information | 1 |
| Balance Sheet | 2—3 |
| Notes to the Financial Statements | 4—5 |
Page 1
Barham Leisure Limited
Company Information
For The Year Ended
31 July 2022
Company Information
| Directors |
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| Company Number |
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| Registered Office | 3 Orchard Mead |
| Tharston | |
| Norfolk | |
| NR15 2EX | |
| Accountants |
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| Chartered Accountants | |
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| Norwich | |
| NR1 1UA | |
Page 1
Page 2
Barham Leisure Limited
Balance Sheet
As at
31 July 2022
Balance Sheet
Registered number:
12760448
For the year ending 31 July 2022 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 directors acknowledge their 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.
| 31 July 2022 | 31 July 2021 | ||||
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 3 |
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| CURRENT ASSETS | |||||
| Debtors | 4 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 5 |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET LIABILITIES |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 6 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | (52,245) | (4,640) | |||
Page 2
Page 3
Barham Leisure Limited
Balance Sheet (continued)
As at
31 July 2022
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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Director
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The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Barham Leisure Limited
Notes to the Financial Statements
For The Year Ended
31 July 2022
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006
1.2.
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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
1.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Freehold |
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2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: NIL (2021: NIL)
3.
Tangible Assets
| Land & Property | |
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| Freehold | |
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| Additions |
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| Disposals |
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| Net Book Value | |
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Page 4
Page 5
Barham Leisure Limited
Notes to the Financial Statements (continued)
For The Year Ended
31 July 2022
4.
Debtors
| 31 July 2022 | 31 July 2021 | ||
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| £ | £ | ||
| Due within one year | |||
| Other debtors | 29,806 | 50 | |
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5.
Creditors: Amounts Falling Due Within One Year
| 31 July 2022 | 31 July 2021 | ||
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| £ | £ | ||
| Trade creditors |
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| Amounts owed to participating interests |
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| Other creditors | 501,263 | 500,900 | |
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6.
Share Capital
| 31 July 2022 | 31 July 2021 | ||
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| Allotted, Called up and fully paid |
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7.
Directors Advances, Credits and Guarantees
Included within Creditors is the loan of £499,950 (2021: £499,950) owed to a director.
The above loan is unsecured, interest free and repayable on demand.
8.
Related Party Transactions
Amounts included in Creditors include £437,100 (2021: £207,100) owed to a company deemed to be a related party, by virtue of common control.
This loan is unsecured, interest-free and repayable on demand.
9.
General Information
Barham Leisure Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
12760448
. The registered office is 3 Orchard Mead, Tharston, Norfolk, NR15 2EX.
Page 5