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REGISTERED NUMBER: 03646460 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

B & A INVESTMENTS LIMITED

B & A INVESTMENTS LIMITED (REGISTERED NUMBER: 03646460)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


B & A INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: Mr A C Johnson
Mrs J Johnson



SECRETARY: Mrs J Johnson



REGISTERED OFFICE: Copia House
Great Cliffe Court
Great Cliffe Road
Barnsley
South Yorkshire
S75 3SP



REGISTERED NUMBER: 03646460 (England and Wales)



ACCOUNTANTS: Reed Smith Accountancy Limited
Chartered Certified Accountants
Copia House
Great Cliffe Court
Great Cliffe Road
Barnsley
South Yorkshire
S75 3SP



BANKERS: Handelsbanken Plc
First Floor Unit G
The Point
Bradmarsh Way
Rotherham
S60 1BP

B & A INVESTMENTS LIMITED (REGISTERED NUMBER: 03646460)

STATEMENT OF FINANCIAL POSITION
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 635,000 635,000

CURRENT ASSETS
Debtors 5 134,027 154,044
Cash at bank 3,474 396
137,501 154,440
CREDITORS
Amounts falling due within one year 6 255,918 56,558
NET CURRENT (LIABILITIES)/ASSETS (118,417 ) 97,882
TOTAL ASSETS LESS CURRENT
LIABILITIES

516,583

732,882

CREDITORS
Amounts falling due after more than one
year

7

8,638

217,811
NET ASSETS 507,945 515,071

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 507,845 514,971
SHAREHOLDERS' FUNDS 507,945 515,071

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 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.

B & A INVESTMENTS LIMITED (REGISTERED NUMBER: 03646460)

STATEMENT OF FINANCIAL POSITION - continued
31 OCTOBER 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 February 2024 and were signed on its behalf by:




Mr A C Johnson - Director



Mrs J Johnson - Director


B & A INVESTMENTS LIMITED (REGISTERED NUMBER: 03646460)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

B & A Investments 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 as modified by the revaluation of certain assets.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 (2022 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2022
and 31 October 2023 635,000
NET BOOK VALUE
At 31 October 2023 635,000
At 31 October 2022 635,000

B & A INVESTMENTS LIMITED (REGISTERED NUMBER: 03646460)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

4. INVESTMENT PROPERTY - continued

Fair value at 31 October 2023 is represented by:
£   
Valuation in 2003 55,652
Valuation in 2005 2,840
Valuation in 2010 73,372
Valuation in 2016 (274,754 )
Valuation in 2017 107,473
Valuation in 2018 (46,575 )
Valuation in 2019 41,346
Valuation in 2021 (4,396 )
Cost 680,042
635,000

If investment property had not been revalued it would have been included at the following historical cost:

2023 2022
£    £   
Cost 680,042 680,042

Investment property was valued on an open market basis on 24 September 2019 by WSB Property Consultants LLP .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 2,079 17,969
Other debtors 131,948 136,075
134,027 154,044

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 209,173 22,812
Trade creditors 3,524 61
Taxation and social security 11,701 4,963
Other creditors 31,520 28,722
255,918 56,558

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 8,638 217,811

B & A INVESTMENTS LIMITED (REGISTERED NUMBER: 03646460)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 205,184 224,106

The Handelsbanken plc bank loan is secured by charges over the investment property of the company together with a debenture over the whole assets of the company.

9. RELATED PARTY DISCLOSURES

Turnover includes £6,000 (2022: £6,000) from AVJ Investments Limited

Debtors: Amounts falling due within one year includes £131,770 (2022: £135,905) due from B & A Works Limited.

Creditors: Amounts falling due within one year includes £27,372 (2022: £24,044) due to AVJ Investments Limited.