IRIS Accounts Production v24.3.0.553 07491332 director 1.2.23 31.1.24 31.1.24 false true false false true false Ordinary 1.00000 Ordinary A 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh074913322023-01-31074913322024-01-31074913322023-02-012024-01-31074913322022-01-31074913322022-02-012023-01-31074913322023-01-3107491332ns15:EnglandWales2023-02-012024-01-3107491332ns14:PoundSterling2023-02-012024-01-3107491332ns10:Director12023-02-012024-01-3107491332ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3107491332ns10:SmallEntities2023-02-012024-01-3107491332ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3107491332ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3107491332ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3107491332ns10:FullAccounts2023-02-012024-01-3107491332ns10:OrdinaryShareClass12023-02-012024-01-3107491332ns10:OrdinaryShareClass22023-02-012024-01-3107491332ns10:RegisteredOffice2023-02-012024-01-3107491332ns5:CurrentFinancialInstruments2024-01-3107491332ns5:CurrentFinancialInstruments2023-01-3107491332ns5:Non-currentFinancialInstruments2024-01-3107491332ns5:Non-currentFinancialInstruments2023-01-3107491332ns5:ShareCapital2024-01-3107491332ns5:ShareCapital2023-01-3107491332ns5:PlantMachinery2023-02-012024-01-3107491332ns5:MotorVehicles2023-02-012024-01-3107491332ns5:ComputerEquipment2023-02-012024-01-3107491332ns5:PlantMachinery2023-01-3107491332ns5:MotorVehicles2023-01-3107491332ns5:ComputerEquipment2023-01-3107491332ns5:PlantMachinery2024-01-3107491332ns5:MotorVehicles2024-01-3107491332ns5:ComputerEquipment2024-01-3107491332ns5:PlantMachinery2023-01-3107491332ns5:MotorVehicles2023-01-3107491332ns5:ComputerEquipment2023-01-3107491332ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-02-012024-01-3107491332ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-01-3107491332ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3107491332ns5:WithinOneYearns5:CurrentFinancialInstruments2023-01-3107491332ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-01-3107491332ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-01-3107491332ns10:OrdinaryShareClass12024-01-3107491332ns10:OrdinaryShareClass22024-01-31
REGISTERED NUMBER: 07491332 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

GRANT BATCHELOR MASTER THATCHER LIMITED

GRANT BATCHELOR MASTER THATCHER LIMITED (REGISTERED NUMBER: 07491332)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GRANT BATCHELOR MASTER THATCHER LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: Mr G Batchelor





REGISTERED OFFICE: Hillside
Albion Street
Chipping Norton
Oxfordshire
OX7 5BH





BUSINESS ADDRESS: 64 Dunstan Avenue
CHIPPING NORTON
Oxfordshire
OX7 5LX





REGISTERED NUMBER: 07491332 (England and Wales)





ACCOUNTANTS: Bronsens
Chartered Certified Accountants
Hillside
Albion Street
Chipping Norton
Oxfordshire
OX7 5BH

GRANT BATCHELOR MASTER THATCHER LIMITED (REGISTERED NUMBER: 07491332)

BALANCE SHEET
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,053 7,327

CURRENT ASSETS
Debtors 5 59,999 67,416
Cash at bank 5 2
60,004 67,418
CREDITORS
Amounts falling due within one year 6 47,890 53,700
NET CURRENT ASSETS 12,114 13,718
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,167

21,045

CREDITORS
Amounts falling due after more than one
year

7

(30,757

)

(19,453

)

PROVISIONS FOR LIABILITIES (5,210 ) (1,392 )
NET ASSETS 200 200

CAPITAL AND RESERVES
Called up share capital 8 200 200
SHAREHOLDERS' FUNDS 200 200

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

GRANT BATCHELOR MASTER THATCHER LIMITED (REGISTERED NUMBER: 07491332)

BALANCE SHEET - continued
31 JANUARY 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 October 2024 and were signed by:





Mr G Batchelor - Director


GRANT BATCHELOR MASTER THATCHER LIMITED (REGISTERED NUMBER: 07491332)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Grant Batchelor Master Thatcher 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 10% on cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

GRANT BATCHELOR MASTER THATCHER LIMITED (REGISTERED NUMBER: 07491332)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 February 2023 4,855 34,040 895 39,790
Additions - 27,740 1,028 28,768
Disposals - (16,290 ) - (16,290 )
At 31 January 2024 4,855 45,490 1,923 52,268
DEPRECIATION
At 1 February 2023 1,965 29,603 895 32,463
Charge for year 413 11,372 257 12,042
Eliminated on disposal - (16,290 ) - (16,290 )
At 31 January 2024 2,378 24,685 1,152 28,215
NET BOOK VALUE
At 31 January 2024 2,477 20,805 771 24,053
At 31 January 2023 2,890 4,437 - 7,327

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 27,740
At 31 January 2024 27,740
DEPRECIATION
Charge for year 6,935
At 31 January 2024 6,935
NET BOOK VALUE
At 31 January 2024 20,805

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 9,382 3,224
Other debtors 4,003 4,003
Social security and other
taxes 514 -
Directors' current accounts 46,100 59,306
Tax - 883
59,999 67,416

GRANT BATCHELOR MASTER THATCHER LIMITED (REGISTERED NUMBER: 07491332)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 2,707 5,678
Other loans 6,953 20,060
Hire purchase contracts 4,125 -
Trade creditors 9,386 4,972
Tax 11,493 10,176
Social security and other taxes - 3,962
Net wages 560 874
Pension 299 269
VAT 7,520 5,684
Other creditors 2,680 -
Accrued expenses 2,167 2,025
47,890 53,700

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Other loans - 1-2 years 6,000 6,953
Other loans - 2-5 years 6,500 12,500
Hire purchase contracts 18,257 -
30,757 19,453

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
100 Ordinary £1 100 100
100 Ordinary A £1 100 100
200 200