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Registered number: 01368456

David Bates Limited

ACCOUNTS
FOR THE YEAR ENDED 31/12/2023

Prepared By:
Chris Ford Limited
Chartered Accountants
16 Kithurst Park
Storrington
West Sussex
RH20 4JH

David Bates Limited

ACCOUNTS
FOR THE YEAR ENDED 31/12/2023
DIRECTORS
David Bates
Susan Bates
SECRETARY
Susan Bates
REGISTERED OFFICE
16 Kithurst Park
Storrington
West Sussex
RH20 4JH
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 01368456
ACCOUNTANTS
Chris Ford Limited
Chartered Accountants
16 Kithurst Park
Storrington
West Sussex
RH20 4JH

David Bates Limited

ACCOUNTS
FOR THEYEARENDED31/12/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

David Bates Limited

BALANCE SHEET AT 31/12/2023
20232022
Notes££
FIXED ASSETS
Tangible assets3360,000360,000
CURRENT ASSETS
Cash at bank and in hand79,39065,983
79,39065,983
CREDITORS: Amounts falling due within one year542,23619,160
NET CURRENT ASSETS37,15446,823
TOTAL ASSETS LESS CURRENT LIABILITIES397,154406,823
PROVISIONS FOR LIABILITIES AND CHARGES647,50947,509
NET ASSETS349,645359,314
CAPITAL AND RESERVES
Called up share capital7500500
Revaluation reserve1d,8150,264150,264
Profit and loss account198,881208,550
SHAREHOLDERS' FUNDS349,645359,314
For the year ending 31/12/2023 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 28/08/2024 and signed on their behalf by
.............................
David Bates
Director

David Bates Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2023
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
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittings 15%
1c. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
1d. Revaluation Reserve
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 8).
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account.
2. EMPLOYEES
20232022
No.No.
Average number of employees22

David Bates Limited

3. TANGIBLE FIXED ASSETS
Cost
At 31/12/2023
Depreciation
At 31/12/2023
Net Book Amounts
At 31/12/2023
4. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 01/01/2023360,000360,000
At 31/12/2023360,000360,000
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax4064,934
PAYE control5,028-
Salaries and wages control20,112-
Directors current account4,2873,693
Directors current account4,2883,693
Accruals8,1156,840
42,23619,160

David Bates Limited

6. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation47,50947,509
47,50947,509
7. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
5 Ordinary shares of £100 each500500
500500
8. REVALUATION RESERVE 20232022
££
Revaluation reserve150,264150,264
150,264150,264