BARKY BOYS & CO LIMITED

BARKY BOYS & CO LIMITED

BARKY BOYS & CO LIMITED - Company Information

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BARKY BOYS & CO LIMITED

Company Registration Number:
SC697971 (Scotland)

Unaudited abridged accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

BARKY BOYS & CO LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2023

Balance sheet
Notes

BARKY BOYS & CO LIMITED

Balance sheet

As at 31 May 2023


Notes
2023
13 months to 31 May 2022


£
£
Fixed assets
Tangible assets: 3 3,089 2,890
Total fixed assets: 3,089 2,890
Current assets
Stocks: 959 754
Debtors:   2,979 2,377
Cash at bank and in hand: 4,183 3,426
Total current assets: 8,121 6,557
Creditors: amounts falling due within one year:   (34,992) (26,395)
Net current assets (liabilities): (26,871) (19,838)
Total assets less current liabilities: (23,782) (16,948)
Total net assets (liabilities): (23,782) (16,948)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (23,882) (17,048)
Shareholders funds: (23,782) (16,948)

The notes form part of these financial statements

BARKY BOYS & CO LIMITED

Balance sheet statements

For the year ending 31 May 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 February 2024
and signed on behalf of the board by:

Name: Miss I C P Baltazar
Status: Director

The notes form part of these financial statements

BARKY BOYS & CO LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is recognised at the fair value of the consideration received or receivable for goods and servicesprovided in the normal course of business, and is shown net of VAT and other sales related taxes. The fairvalue of consideration takes into account trade discounts, settlement discounts and volume rebates.Revenue from contracts for the provision of professional services is recognised by reference to the stage ofcompletion when the stage of completion, costs incurred and costs to complete can be estimated reliably. Thestage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staffrates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenueis recognised only to the extent of the expenses recognised that it is probable will be recovered

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net ofdepreciation and any impairment losses.Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over theiruseful lives on the following bases:Fixtures and fittings 20 % Straight LineComputers 33 % Straight lineMotor vehicles 20 % Straight Line

BARKY BOYS & CO LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

2. Employees

2023 13 months to 31 May 2022
Average number of employees during the period 6 4

BARKY BOYS & CO LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Tangible Assets

Total
Cost £
At 01 June 2022 3,612
Additions 1,195
At 31 May 2023 4,807
Depreciation
At 01 June 2022 722
Charge for year 996
At 31 May 2023 1,718
Net book value
At 31 May 2023 3,089
At 31 May 2022 2,890