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REGISTERED NUMBER: 00390421 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

Bar Equipments (Midlands) Limited

Bar Equipments (Midlands) Limited (Registered number: 00390421)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Bar Equipments (Midlands) Limited

COMPANY INFORMATION
For The Year Ended 31 December 2016







DIRECTOR: C P Ives





REGISTERED OFFICE: Shirleys Garage
Main Road
Meriden
Coventry
West Midlands
CV7 7NE





REGISTERED NUMBER: 00390421 (England and Wales)





ACCOUNTANTS: Price Deacon Witham Ltd
Chartered Accountants
Millar Court
43 Station Road
Kenilworth
Warwickshire
CV8 1JD

Bar Equipments (Midlands) Limited (Registered number: 00390421)

BALANCE SHEET
31 December 2016

2016 2015
Notes £    £   
CURRENT ASSETS
Debtors 3 336,561 336,561

CREDITORS
Amounts falling due within one year 4 84,380 84,380
NET CURRENT ASSETS 252,181 252,181
TOTAL ASSETS LESS CURRENT
LIABILITIES

252,181

252,181

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings 5 250,181 250,181
SHAREHOLDERS' FUNDS 252,181 252,181

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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 29 September 2017 and were signed by:





C P Ives - Director


Bar Equipments (Midlands) Limited (Registered number: 00390421)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2016

1. STATUTORY INFORMATION

Bar Equipments (Midlands) 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.

First time adoption of frs 102 1a
These financial statements are the first the company has prepared in accordance with Financial Reporting Standard 102.
The previous financial statements were prepared in accordance with Financial Reporting Standard for Smaller Entities
2015.

This has not resulted in the restatement of any values in the comparative period. Consequently, the company is not
required to provide a reconciliation.

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. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Amounts owed by group undertakings 336,561 336,561

Bar Equipments (Midlands) Limited (Registered number: 00390421)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2016

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade creditors 1,047 1,047
Amounts owed to group undertakings 83,333 83,333
84,380 84,380

5. RESERVES
Retained
earnings
£   

At 1 January 2016 250,181
Profit for the year -
At 31 December 2016 250,181

6. ULTIMATE CONTROLLING PARTY

During the two years ended 31st December 2016 Mr.G. S. Ives, a director, together with members of his close family
controlled the company by virtue of a controlling interest of 99.8% of the issued share capital of Irco Limited, the
company's ultimate holding company.

At the 31st December 2016 the company's ultimate parent company was Irco Limited, a company incorporated in
England and Wales.