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REGISTERED NUMBER: 06883836 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2022

for

BBVAT Holdings Limited

BBVAT Holdings Limited (Registered number: 06883836)






Contents of the Financial Statements
for the Year Ended 30 April 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

BBVAT Holdings Limited

Company Information
for the Year Ended 30 April 2022







DIRECTORS: S G Merry
Mrs J C Merry





SECRETARY: Mrs J C Merry





REGISTERED OFFICE: The Old Goat House
Dencross Farm, Roman Road
Marsh Green
Edenbridge
Kent
TN8 5PN





REGISTERED NUMBER: 06883836 (England and Wales)





ACCOUNTANTS: Deeks Evans
Chartered Accountants
First Floor, West Barn
North Frith Farm, Ashes Lane
Hadlow
Tonbridge
Kent
TN11 9QU

BBVAT Holdings Limited (Registered number: 06883836)

Balance Sheet
30 April 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,690 14,537
Investments 5 1,033 1,033
Investment property 6 1,747,176 1,747,176
1,757,899 1,762,746

CURRENT ASSETS
Debtors 7 47,304 26,047
Cash at bank 625,721 498,339
673,025 524,386
CREDITORS
Amounts falling due within one year 8 673,364 732,275
NET CURRENT LIABILITIES (339 ) (207,889 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,757,560

1,554,857

CREDITORS
Amounts falling due after more than one
year

9

700,000

700,000
NET ASSETS 1,057,560 854,857

CAPITAL & RESERVES
Called up share capital 11 2 2
Retained earnings 1,057,558 854,855
SHAREHOLDERS' FUNDS 1,057,560 854,857

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 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.

BBVAT Holdings Limited (Registered number: 06883836)

Balance Sheet - continued
30 April 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 September 2022 and were signed on its behalf by:





S G Merry - Director


BBVAT Holdings Limited (Registered number: 06883836)

Notes to the Financial Statements
for the Year Ended 30 April 2022

1. STATUTORY INFORMATION

BBVAT Holdings 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover in respect of rents is recognised in the period to which it relates.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures & fittings - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 2 (2021 - 2 ) .

BBVAT Holdings Limited (Registered number: 06883836)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2022

4. TANGIBLE FIXED ASSETS
Fixtures
& fittings
£   
COST
At 1 May 2021
and 30 April 2022 30,970
DEPRECIATION
At 1 May 2021 16,433
Charge for year 4,847
At 30 April 2022 21,280
NET BOOK VALUE
At 30 April 2022 9,690
At 30 April 2021 14,537

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2021
and 30 April 2022 1,033
NET BOOK VALUE
At 30 April 2022 1,033
At 30 April 2021 1,033

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2021
and 30 April 2022 1,747,176
NET BOOK VALUE
At 30 April 2022 1,747,176
At 30 April 2021 1,747,176

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 3,914 810
Amounts owed by group undertakings 43,390 19,997
Other debtors - 5,240
47,304 26,047

BBVAT Holdings Limited (Registered number: 06883836)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2022

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Amounts owed to group undertakings 658,395 719,783
Tax 6,462 2,622
Social security & other taxes 2,987 -
Directors' current accounts 4,570 8,920
Accrued expenses 950 950
673,364 732,275

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Bank loans more 5 yrs non-inst 700,000 700,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 700,000 700,000

10. SECURED DEBTS

The following secured debts are included within creditors:

2022 2021
£    £   
Bank loans 700,000 700,000

The bank loans are secured on the freehold property owned by the company.

11. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
2 Ordinary £1 2 2

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the directors.

13. CONSOLIDATION

Consolidated accounts are not prepared as the group is small.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
BBVAT Holdings Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of BBVAT Holdings Limited for the year ended 30 April 2022 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of BBVAT Holdings Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of BBVAT Holdings Limited and state those matters that we have agreed to state to the Board of Directors of BBVAT Holdings Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than BBVAT Holdings Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that BBVAT Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of BBVAT Holdings Limited. You consider that BBVAT Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of BBVAT Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Deeks Evans
Chartered Accountants
First Floor, West Barn
North Frith Farm, Ashes Lane
Hadlow
Tonbridge
Kent
TN11 9QU


7 September 2022