Batten Civil Engineering Limited 02821620 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is Civil Engineering Digita Accounts Production Advanced 6.30.9574.0 true 02821620 2023-01-01 2023-12-31 02821620 2023-12-31 02821620 bus:OrdinaryShareClass1 2023-12-31 02821620 core:RetainedEarningsAccumulatedLosses 2023-12-31 02821620 core:ShareCapital 2023-12-31 02821620 core:CurrentFinancialInstruments 2023-12-31 02821620 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 02821620 core:Non-currentFinancialInstruments core:AfterOneYear 2023-12-31 02821620 core:FurnitureFittingsToolsEquipment 2023-12-31 02821620 bus:SmallEntities 2023-01-01 2023-12-31 02821620 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 02821620 bus:AbridgedAccounts 2023-01-01 2023-12-31 02821620 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 02821620 bus:RegisteredOffice 2023-01-01 2023-12-31 02821620 bus:CompanySecretary1 2023-01-01 2023-12-31 02821620 bus:Director1 2023-01-01 2023-12-31 02821620 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 02821620 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 02821620 core:FurnitureFittingsToolsEquipment 2023-01-01 2023-12-31 02821620 core:PlantMachinery 2023-01-01 2023-12-31 02821620 countries:EnglandWales 2023-01-01 2023-12-31 02821620 2022-12-31 02821620 core:FurnitureFittingsToolsEquipment 2022-12-31 02821620 2022-01-01 2022-12-31 02821620 2022-12-31 02821620 bus:OrdinaryShareClass1 2022-12-31 02821620 core:RetainedEarningsAccumulatedLosses 2022-12-31 02821620 core:ShareCapital 2022-12-31 02821620 core:CurrentFinancialInstruments 2022-12-31 02821620 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 02821620 core:Non-currentFinancialInstruments core:AfterOneYear 2022-12-31 02821620 core:FurnitureFittingsToolsEquipment 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 02821620

Batten Civil Engineering Limited

Annual Report and Unaudited Abridged Financial Statements

for the Year Ended 31 December 2023

 

Batten Civil Engineering Limited

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 8

 

Batten Civil Engineering Limited

Company Information

Director

Mr M W Batten

Company secretary

Mrs S Batten

Registered office

Hayes & Co 2nd Floor
Olivier House
77-79 High Street
Steyning
BN44 3RE

Accountants

Hayes & Co
2nd Floor
Oliver House
77-79 High Street
Steyning
West Sussex
BN44 3RE

 

Batten Civil Engineering Limited

(Registration number: 02821620)
Abridged Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Fixed Assets

 

Tangible Assets

4

391,504

350,734

Current assets

 

Debtors

5

4,533

26,165

Cash at bank and in hand

 

93,312

84,114

 

97,845

110,279

Prepayments and accrued income

 

(59,128)

-

Creditors: Amounts falling due within one year

(46,865)

(213,598)

Net current liabilities

 

(8,148)

(103,319)

Total assets less current liabilities

 

383,356

247,415

Creditors: Amounts falling due after more than one year

(273,466)

(172,558)

Provisions for liabilities

(91,795)

(71,977)

Net assets

 

18,095

2,880

Capital and Reserves

 

Called up share capital

6

100

100

Retained Earnings

17,995

2,780

Shareholders' funds

 

18,095

2,880

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

 

Batten Civil Engineering Limited

(Registration number: 02821620)
Abridged Balance Sheet as at 31 December 2023

Approved and authorised by the director on 22 August 2024
 

.........................................
Mr M W Batten
Director

 

Batten Civil Engineering Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Hayes & Co 2nd Floor
Olivier House
77-79 High Street
Steyning
BN44 3RE
England

These financial statements were authorised for issue by the director on 22 August 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Batten Civil Engineering Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2023

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible Assets

Tangible Assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

18% on written down value

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Ttrade Creditors

Ttrade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Ttrade Creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Batten Civil Engineering Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2023

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 9 (2022 - 9).

 

Batten Civil Engineering Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2023

4

Tangible Assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 January 2023

1,233,408

1,233,408

Additions

57,050

57,050

Disposals

(40,950)

(40,950)

At 31 December 2023

1,249,508

1,249,508

Depreciation

At 1 January 2023

882,674

882,674

Charge for the year

16,280

16,280

Eliminated on disposal

(40,950)

(40,950)

At 31 December 2023

858,004

858,004

Carrying amount

At 31 December 2023

391,504

391,504

At 31 December 2022

350,734

350,734

5

Debtors

Debtors includes £Nil (2022 - £Nil) due after more than one year.

6

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary of £1 each

100

100

100

100

         

7

Dividends

   

2023

 

2022

   

£

 

£

Interim dividend of £965.96 (2022 - £645.78) per ordinary share

 

96,596

 

64,578

         
 

Batten Civil Engineering Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2023

8

Related party transactions

Director's remuneration

The director's remuneration for the year was as follows:

2023
£

2022
£

Remuneration

52,500

52,500