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REGISTERED NUMBER: 05582336 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2018

for

Barry Wood Electrical Limited

Barry Wood Electrical Limited (Registered number: 05582336)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Barry Wood Electrical Limited

Company Information
for the Year Ended 31 March 2018







DIRECTOR: B Wood





REGISTERED OFFICE: 24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ





REGISTERED NUMBER: 05582336 (England and Wales)





ACCOUNTANTS: Johnston Wood Roach Limited
24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ

Barry Wood Electrical Limited (Registered number: 05582336)

Balance Sheet
31 March 2018

31.3.18 31.3.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,805 1,426

CURRENT ASSETS
Debtors 5 10,207 9,770
Cash at bank 14,130 9,815
24,337 19,585
CREDITORS
Amounts falling due within one year 6 7,449 8,098
NET CURRENT ASSETS 16,888 11,487
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,693

12,913

PROVISIONS FOR LIABILITIES 343 285
NET ASSETS 18,350 12,628

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 18,349 12,627
SHAREHOLDERS' FUNDS 18,350 12,628

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director on 30 September 2018 and were signed by:




B Wood - Director


Barry Wood Electrical Limited (Registered number: 05582336)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

Barry Wood Electrical Limited 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
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Computer equipment - 20% on reducing balance

Taxation
Taxation for the year 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 have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet 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 year 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 year was NIL (2017 - 1 ).

Barry Wood Electrical Limited (Registered number: 05582336)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2017 2,438 - 1,696 4,134
Additions - 670 90 760
At 31 March 2018 2,438 670 1,786 4,894
DEPRECIATION
At 1 April 2017 1,948 - 760 2,708
Charge for year 177 - 204 381
At 31 March 2018 2,125 - 964 3,089
NET BOOK VALUE
At 31 March 2018 313 670 822 1,805
At 31 March 2017 490 - 936 1,426

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade debtors 985 855
Other debtors 9,222 8,915
10,207 9,770

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Taxation and social security 6,545 6,574
Other creditors 904 1,524
7,449 8,098

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2018 and
31 March 2017:

31.3.18 31.3.17
£    £   
B Wood
Balance outstanding at start of year (683 ) (7,235 )
Amounts advanced 34,820 36,954
Amounts repaid (34,226 ) (30,402 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (89 ) (683 )

Barry Wood Electrical Limited (Registered number: 05582336)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

8. ULTIMATE CONTROLLING PARTY

The controlling party is B Wood.