Acorah Software Products - Accounts Production 15.0.600 false true true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 09747998 Charles Owen Joe Daher Ian Marsh Bilal Mekkaoui iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09747998 2023-08-31 09747998 2024-08-31 09747998 2023-09-01 2024-08-31 09747998 frs-core:Non-currentFinancialInstruments 2024-08-31 09747998 frs-core:BetweenOneFiveYears 2024-08-31 09747998 frs-core:ComputerEquipment 2023-09-01 2024-08-31 09747998 frs-core:PlantMachinery 2023-09-01 2024-08-31 09747998 frs-core:WithinOneYear 2024-08-31 09747998 frs-core:CapitalRedemptionReserve 2024-08-31 09747998 frs-core:SharePremium 2024-08-31 09747998 frs-core:ShareCapital 2024-08-31 09747998 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 09747998 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 09747998 frs-bus:AbridgedAccounts 2023-09-01 2024-08-31 09747998 frs-bus:SmallEntities 2023-09-01 2024-08-31 09747998 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 09747998 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 09747998 frs-bus:Director1 2023-09-01 2024-08-31 09747998 frs-bus:Director2 2023-09-01 2024-08-31 09747998 frs-bus:Director3 2023-09-01 2024-08-31 09747998 frs-bus:Director4 2023-09-01 2024-08-31 09747998 frs-countries:EnglandWales 2023-09-01 2024-08-31 09747998 2022-08-31 09747998 2023-08-31 09747998 2022-09-01 2023-08-31 09747998 frs-core:Non-currentFinancialInstruments 2023-08-31 09747998 frs-core:BetweenOneFiveYears 2023-08-31 09747998 frs-core:WithinOneYear 2023-08-31 09747998 frs-core:CapitalRedemptionReserve 2023-08-31 09747998 frs-core:SharePremium 2023-08-31 09747998 frs-core:ShareCapital 2023-08-31 09747998 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 09747998
Batch Organics Ltd
ABRIDGED Financial Statements
For The Year Ended 31 August 2024
SkyBridge Accounting Limited
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 09747998
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 20,531 39,180
20,531 39,180
CURRENT ASSETS
Stocks 237,079 271,933
Debtors 406,337 315,337
Cash at bank and in hand 74,551 31,404
717,967 618,674
Creditors: Amounts Falling Due Within One Year (237,931 ) (361,938 )
NET CURRENT ASSETS (LIABILITIES) 480,036 256,736
TOTAL ASSETS LESS CURRENT LIABILITIES 500,567 295,916
Creditors: Amounts Falling Due After More Than One Year (57,813 ) (34,896 )
NET ASSETS 442,754 261,020
CAPITAL AND RESERVES
Called up share capital 6 2,498 2,498
Share premium account 3,049,664 3,049,664
Capital redemption reserve 40 40
Profit and Loss Account (2,609,448 ) (2,791,182 )
SHAREHOLDERS' FUNDS 442,754 261,020
Page 1
Page 2
For the year ending 31 August 2024 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 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 August 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Charles Owen
Director
27 September 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Batch Organics Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09747998 . The registered office is Unit 10 Thurrock Trade Park, Oliver Road, Grays, RM20 3ED.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors negotiated a finance facility in Spetember 2022 to support on going operations and so have no concerns over going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% straight line
Computer Equipment 25% straight line
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 17 (2023: 16)
17 16
Page 3
Page 4
4. Tangible Assets
Total
£
Cost
As at 1 September 2023 215,460
Additions 6,475
Disposals (5,562 )
As at 31 August 2024 216,373
Depreciation
As at 1 September 2023 176,280
Provided during the period 20,849
Disposals (1,287 )
As at 31 August 2024 195,842
Net Book Value
As at 31 August 2024 20,531
As at 1 September 2023 39,180
5. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 16,667 -
Later than one year and not later than five years 29,167 -
45,834 -
45,834 -
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2,498 2,498
Page 4