Company Registration Number 09304721 (England and Wales)
E J BADMAN & SON LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018
PAGES FOR FILING WITH REGISTRAR
E J BADMAN & SON LIMITED
BALANCE SHEET
AS AT
31 MARCH 2018
31 March 2018
- 1 -
2018
2017
£
£
£
£
Fixed assets
504,537
283,187
Current assets
158,446
131,482
Prepayments and accrued income
1,568
-
Creditors: amounts falling due within one year
(426,163)
(390,724)
Net current liabilities
(266,149)
(259,242)
Total assets less current liabilities
238,388
23,945
Creditors: amounts falling due after more than one year
(225,161)
(30,969)
Accruals and deferred income
(5,989)
(6,566)
Net assets/(liabilities)
7,238
(13,590)
Capital and reserves
7,238
(13,590)
Notes to the financial statements
1
Financial commitments, guarantees and contingencies

The company made the following capital commitments and contingencies:

Charges on assets

The company had bank loans and overdrafts totalling £216,703 (2017 - £0) and net obligations under finance leases and hire purchase contracts totalling £30,969 (2017 - £38,711) which are secured.

 

The bank loans are secured on a fixed and floating charge over the assets of the company and the HP contracts are secured over the assets concerned.

2
Average employees

The average number of persons (including directors) employed by the company during the year was 4 (2017 - 4).

E J Badman & Son Limited is a private company limited by shares incorporated in England and Wales. The registered office is Maltravers House, Petters Way, YEOVIL, Somerset, BA20 1SH.

 

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.

For the year ended 31 March 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

E J BADMAN & SON LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2018
31 March 2018
- 2 -

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 13 November 2018 and are signed on its behalf by:
Mr E Badman
Mrs S Badman
Director
Director
Mr J Badman
Director
Company Registration Number 09304721
2018-03-312017-04-01falseCCH SoftwareCCH Accounts Production 2018.300No description of principal activityMr E BadmanMrs S BadmanMr J Badman093047212017-04-012018-03-31093047212018-03-31093047212017-03-3109304721core:Non-currentFinancialInstruments2018-03-3109304721core:Non-currentFinancialInstruments2017-03-3109304721bus:Director12017-04-012018-03-3109304721bus:Director22017-04-012018-03-3109304721bus:Director32017-04-012018-03-3109304721bus:PrivateLimitedCompanyLtd2017-04-012018-03-3109304721bus:Micro-entities2017-04-012018-03-3109304721bus:AuditExemptWithAccountantsReport2017-04-012018-03-3109304721bus:SmallCompaniesRegimeForAccounts2017-04-012018-03-3109304721bus:FullAccounts2017-04-012018-03-31xbrli:purexbrli:sharesiso4217:GBP