Barlow Technology Limited - Limited company - abbreviated - 11.6

Barlow Technology Limited - Limited company - abbreviated - 11.6

BARLOW TECHNOLOGY LIMITED - Company Information

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REGISTERED NUMBER: 03203951 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 December 2014

for

Barlow Technology Limited

Barlow Technology Limited (Registered number: 03203951)

Contents of the Abbreviated Accounts
for the Year Ended 31 December 2014










Page

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

Barlow Technology Limited (Registered number: 03203951)

Abbreviated Balance Sheet
31 December 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 2,128 1,577

CURRENT ASSETS
Debtors 364,002 18,862
Cash at bank 49,166 105,316
413,168 124,178
CREDITORS
Amounts falling due within one year 366,323 66,411
NET CURRENT ASSETS 46,845 57,767
TOTAL ASSETS LESS CURRENT LIABILITIES 48,973 59,344

PROVISIONS FOR LIABILITIES 426 -
NET ASSETS 48,547 59,344

CAPITAL AND RESERVES
Called up share capital 3 1,000 1,000
Profit and loss account 47,547 58,344
SHAREHOLDERS' FUNDS 48,547 59,344

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 30 September 2015 and were signed on its behalf by:





I Barlow - Director


The notes form part of these abbreviated accounts

Page 1
Barlow Technology Limited (Registered number: 03203951)

Notes to the Abbreviated Accounts
for the Year Ended 31 December 2014


1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting
Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents net invoiced sales of goods, 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.

Office Equipment - 25% on cost

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where
transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax,
with the following exceptions:

Provision is made for tax on gains arising from the revaluation (and similar fair value adjustments) of fixed assets, and gains on disposal
of fixed assets that have been rolled over into replacement assets, only to the extent that, at the balance sheet date, there is a binding
agreement to dispose of the assets concerned. However, no provision is made where, on the basis of all available evidence at the balance
sheet date, it is more likely than not that the taxable gain will be rolled over into replacement assets and charged to tax only where the
replacement assets are sold.

Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable
taxable profits from which the future reversal of the underlying timing differences can be deducted.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences
reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

Foreign exchange transactions
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date.
Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange
differences are taken into account in arriving at the operating profit.

Page 2 continued...
Barlow Technology Limited (Registered number: 03203951)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 December 2014


2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2014 4,232
Additions 1,449
At 31 December 2014 5,681
DEPRECIATION
At 1 January 2014 2,655
Charge for year 898
At 31 December 2014 3,553
NET BOOK VALUE
At 31 December 2014 2,128
At 31 December 2013 1,577

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
1,000 Ordinary £1 1,000 1,000

Page 3