Registered number: 04676668 | ||||||||
FOR THE YEAR ENDED 30 APRIL 2023 | ||||||||
Prepared By: | ||||||||
Stroud Accountancy and Taxation Services Ltd | ||||||||
Chartered Certified Accountants | ||||||||
Edgehill | ||||||||
The Broadway | ||||||||
Oakridge Lynch, Stroud | ||||||||
Gloucestershire | ||||||||
GL6 7NY |
Bathurst Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30 APRIL 2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 04676668 | ||||||||
ACCOUNTANTS | ||||||||
Stroud Accountancy and Taxation Services Ltd | ||||||||
Chartered Certified Accountants | ||||||||
Edgehill | ||||||||
The Broadway | ||||||||
Oakridge Lynch, Stroud | ||||||||
Gloucestershire | ||||||||
GL6 7NY |
Bathurst Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED30 APRIL 2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 5 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - | |||||||
Accountants' Report | - |
Bathurst Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
Investment Assets | 4 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | ||||||||||
Debtors | 6 | |||||||||
Cash at bank and in hand | ||||||||||
6,962,018 | 7,938,269 | |||||||||
CREDITORS: Amounts falling due within one year | 7 | |||||||||
NET CURRENT ASSETS | 7,133,360 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 8 | 131,204 | 258,278 | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 10 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 11 | |||||||||
Capital redemption reserve | 12 | |||||||||
Profit and loss account | 3,636,794 | 3,968,394 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Bathurst Limited | ||||||||
BALANCE SHEET AT | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
............................. | ||||||||||
Bathurst Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30 APRIL 2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Short Leasehold Properties | straight line over 7 years- 14.3% | |||||||
Commercial Vehicles | straight line 25% | |||||||
Fixtures and Fittings | straight line 25% | |||||||
Equipment | straight line 25% |
1c. Stocks | ||||||||
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. |
1d. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
1e. Investments | ||||||||
Fixed asset investments are shown at cost less amounts written off. | ||||||||
Provisions are made for permanent fluctuations in value. |
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 6 | |||||
Bathurst Limited | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||
Land And | Plant and | |||||
Buildings | Machinery Etc. | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 1 May 2022 | 281,952 | 11,269 | 293,221 | |||
Additions | - | 1,299 | 1,299 | |||
At 30 April 2023 | 281,952 | 12,568 | 294,520 | |||
Depreciation | ||||||
At 1 May 2022 | 80,558 | 4,714 | 85,272 | |||
For the year | 40,279 | 2,794 | 43,073 | |||
At 30 April 2023 | 120,837 | 7,508 | 128,345 | |||
Net Book Amounts | ||||||
At 30 April 2023 | 161,115 | 5,060 | 166,175 | |||
At 30 April 2022 | 201,394 | 6,555 | 207,949 | |||
4. FINANCIAL ASSETS | |||||||||
Other | |||||||||
Investments | Total | ||||||||
£ | £ | ||||||||
Cost | |||||||||
At 1 May 2022 | 110,000 | 110,000 | |||||||
At 30 April 2023 | 110,000 | 110,000 | |||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 30 April 2023 | 110,000 | 110,000 | |||||||
At 30 April 2022 | 110,000 | 110,000 | |||||||
5. STOCK | 2023 | 2022 | ||||
£ | £ | |||||
Stock comprises: | ||||||
Stock | ||||||
Work in progress | ||||||
Bathurst Limited | ||||||||
6. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year: | ||||||||
Trade debtors | - | 1,278 | ||||||
VAT | 15,672 | 3,375 | ||||||
Other debtors | 325,429 | 400,185 | ||||||
341,101 | 404,838 | |||||||
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Trade creditors | 1,489 | 13,684 | ||||||
Taxation and social security | 1,525 | 629,850 | ||||||
Other creditors | 248,395 | 161,375 | ||||||
251,409 | 804,909 | |||||||
8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Other creditors | 131,204 | 258,278 | ||||||
131,204 | 258,278 | |||||||
9. SECURED CREDITORS | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Amount of other creditors which are secured | 258,977 | 282,385 | ||||||
10. PROVISIONS FOR LIABILITIES | 2023 | 2022 | ||||||
£ | £ | |||||||
Deferred taxation | 23,177 | 29,028 | ||||||
Other provisions | 2,350,609 | 2,350,609 | ||||||
2,373,786 | 2,379,637 | |||||||
Bathurst Limited | ||||||||
11. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
84000 | 400000 | |||||||
154000 | ||||||||
154000 | ||||||||
8000 | ||||||||
400,000 | 400,000 | |||||||
During the year, there was a redesignation of 316,000 ordinary shares, to 154,0000 ordinary A Shares, 154,000 ordinary B Shares, and 8,000 ordinary C shares, |
12. OTHER RESERVES | 2023 | 2022 | ||||
£ | £ | |||||
Capital redemption reserve | 445,000 | 445,000 | ||||
445,000 | 445,000 | |||||
13. CONTROLLING PARTY | ||||||||
The company was controlled by the director, P A Tily during part of the year to November 2022, afterwhich, the Company is now controlled by the directors, K L E Tily & J C W Tily, by virtue of their holding in the ordinary voting share capital. | ||||||||
14. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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