Registered number: 2014573 | ||||||||
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FOR THE YEAR ENDED 31 MARCH 2018 | ||||||||
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Prepared By: | ||||||||
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Barkin Developments Ltd | ||||||||
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ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 MARCH 2018 | ||||||||
DIRECTORS | ||||||||
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REGISTERED OFFICE | ||||||||
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COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 2014573 | ||||||||
ACCOUNTANTS |
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Barkin Developments Ltd | ||||||||
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ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 MARCH 2018 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
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Barkin Developments Ltd | ||||||||
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BALANCE SHEET AT
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2018 | 2017 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 |
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CURRENT ASSETS | ||||||||||
Debtors | 3 |
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Cash at bank and in hand |
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2,349,558 | 2,511,290 | |||||||||
CREDITORS: Amounts falling due within one year | 4 |
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NET CURRENT ASSETS |
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2,178,931 | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES |
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CAPITAL AND RESERVES | ||||||||||
Called up share capital | 6 |
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Capital redemption reserve | 7 |
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Profit and loss account | 1,915,281 | 2,028,990 | ||||||||
SHAREHOLDERS' FUNDS |
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Approved by the board on
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............................. | ||||||||||
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Director | ||||||||||
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Barkin Developments Ltd | ||||||||
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NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 MARCH 2018 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
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Fixtures and Fittings | straight line 25% | |||||||
Equipment | straight line 25% |
2. TANGIBLE FIXED ASSETS | ||||
Plant and | ||||
Machinery Etc. | Total | |||
£ | £ | |||
Cost | ||||
At 1 April 2017 | 22,256 | 22,256 | ||
Additions | 669 | 669 | ||
At 31 March 2018 | 22,925 | 22,925 | ||
Depreciation | ||||
At 1 April 2017 | 22,177 | 22,177 | ||
For the year | 219 | 219 | ||
At 31 March 2018 | 22,396 | 22,396 | ||
Net Book Amounts | ||||
At 31 March 2018 | 529 | 529 | ||
At 31 March 2017 | 79 | 79 | ||
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Barkin Developments Ltd | ||||||||
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3. DEBTORS | 2018 | 2017 | ||||||
£ | £ | |||||||
Amounts falling due within one year: | ||||||||
Trade debtors | - | 888,852 | ||||||
VAT | 193 | 6,819 | ||||||
Other Tax | 402,781 | 274,783 | ||||||
Other debtors |
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4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2018 | 2017 | |||||||
£ | £ | |||||||
Trade creditors | 2,049 | 138,803 | ||||||
Taxation and social security | 240,322 | 155,641 | ||||||
Other creditors | 42,415 | 37,915 | ||||||
284,786 | 332,359 | |||||||
5. EMPLOYEES | ||||||
2018 | 2017 | |||||
No. | No. | |||||
Average number of employees | 4 | 4 | ||||
6. SHARE CAPITAL | 2018 | 2017 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
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20 | 20 | ||||||
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95000 | 95000 | ||||||
95,020 | 95,020 | |||||||
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Barkin Developments Ltd | ||||||||
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7. OTHER RESERVES | 2018 | 2017 | ||||
£ | £ | |||||
Capital redemption reserve | 55,000 | 55,000 | ||||
55,000 | 55,000 | |||||
8. RELATED PARTY TRANSACTIONS | ||||||||
During the year the company advanced monies to C W Jenkins, a major shareholder. The balance outstanding at 31 March 2018 was £1,483,726 - (2017 - £1,059,041). The maximum balance outstanding during the year was £1,483,726. Interest was charged on the advance at 2.75% per annum. | ||||||||