Barrington Shepherd Ltd - Accounts to registrar - small 17.1

REGISTERED NUMBER: 09962982 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 21 JANUARY 2016 TO 30 NOVEMBER 2016

FOR

BARRINGTON SHEPHERD LTD

Page

Statement of Financial Position

1

Notes to the Financial Statements

2

CURRENT ASSETS

Debtors

4

87,498

Cash at bank

1,558

89,056

CREDITORS

Amounts falling due within one year

5

(87,785

)

NET CURRENT ASSETS

1,271

TOTAL ASSETS LESS CURRENT LIABILITIES

1,271

CAPITAL AND RESERVES

Called up share capital

6

100

Retained earnings

1,171

SHAREHOLDERS' FUNDS

1,271

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2016 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors on 21 April 2017 and were signed on its behalf by:

S M Quinn - Director

1.	STATUTORY INFORMATION

Barrington Shepherd Ltd 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Taxation

Taxation for the period 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 that have been enacted or

substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

statement of financial position 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 period 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 period was 4 .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

69,714

Other debtors

2,333

Prepayments and accrued income

15,451

87,498

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other loans

12,544

Trade creditors

3,703

Tax

293

Social security and other taxes

2,817

Other creditors

378

Directors' current accounts

34,950

Accrued expenses

33,100

87,785

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

1

100

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits from a director subsisted during the period ended 30 November 2016:

£

S M Quinn

Balance outstanding at start of period

-

Amounts advanced

40,950

Amounts repaid

(6,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

34,950

The entity received total monies from Stephen Quinn of £40,950 in the period. From May 2016 to July 2016 an

interest rate of 2.05% was charged. This changed to a rate of 2.025% for the period of August 2016 to November

2016.

8.	RELATED PARTY DISCLOSURES

Consolidate Me Limited

A company in which Anthony Maas is a director

During the period various monies were received and paid from/to the related party. From May 2016 to July 2016

an interest rate of 2.05% was charged. This changed to a rate of 2.025% for the period of August 2016 to

November 2016. At the period end, monies of £2,333 were due from Consolidate Me Limited.

9.	ULTIMATE CONTROLLING PARTY

Due to the shareholdings, there is no ultimate controlling party.