Company Registration No. 11127427 (England and Wales)
BatchW Limited
Unaudited accounts
for the year ended 31 December 2023
BatchW Limited
Unaudited accounts
Contents
BatchW Limited
Company Information
for the year ended 31 December 2023
Director
Julien Vaissieres
Company Number
11127427 (England and Wales)
Registered Office
HACKNEY DEPOT
5 SHEEP LANE
LONDON
E8 4QS
UNITED KINGDOM
Accountants
Thriveworks Ltd
4a The Barns, Bulrushes Farm
Coombe Hill Road
East Grinstead
West Sussex
RH19 4LZ
BatchW Limited
Statement of financial position
as at 31 December 2023
Tangible assets
56,241
64,196
Cash at bank and in hand
186,406
253
Creditors: amounts falling due within one year
(761,549)
(506,673)
Net current liabilities
(472,363)
(448,952)
Total assets less current liabilities
(416,122)
(384,756)
Creditors: amounts falling due after more than one year
(392)
-
Net liabilities
(416,514)
(384,756)
Called up share capital
200
200
Profit and loss account
(1,133,810)
(384,956)
Shareholders' funds
(416,514)
(384,756)
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 4 February 2024 and were signed on its behalf by
Julien Vaissieres
Director
Company Registration No. 11127427
BatchW Limited
Notes to the Accounts
for the year ended 31 December 2023
BatchW Limited is a private company, limited by shares, registered in England and Wales, registration number 11127427. The registered office is HACKNEY DEPOT, 5 SHEEP LANE, LONDON, E8 4QS, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
4 years
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
BatchW Limited
Notes to the Accounts
for the year ended 31 December 2023
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
93,029
-
1,833
94,862
Additions
7,675
1,080
4,408
13,163
At 31 December 2023
100,704
1,080
6,241
108,025
At 1 January 2023
30,246
-
420
30,666
Charge for the year
20,039
270
809
21,118
At 31 December 2023
50,285
270
1,229
51,784
At 31 December 2023
50,419
810
5,012
56,241
At 31 December 2022
62,783
-
1,413
64,196
Amounts falling due within one year
Trade debtors
26,638
2,709
Amounts due from group undertakings etc.
-
8,988
Accrued income and prepayments
10,716
8,746
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
335,680
17,847
Trade creditors
62,857
33,943
Taxes and social security
188,617
56,422
Other creditors
2,856
228,658
Loans from directors
157,372
169,803
8
Creditors: amounts falling due after more than one year
2023
2022
9
Average number of employees
During the year the average number of employees was 18 (2022: 6).