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REGISTERED NUMBER: 05640433 (England and Wales)















BAVINTON FINANCIAL LTD

Unaudited Financial Statements

for the Year Ended 31 December 2024






BAVINTON FINANCIAL LTD (Registered number: 05640433)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BAVINTON FINANCIAL LTD

Company Information
for the Year Ended 31 December 2024







DIRECTORS: R Bavinton
Ms W H Woodward





SECRETARY: Ms W H Woodward





REGISTERED OFFICE: 1 The Mending Rooms
Salts Mill Road
Shipley
West Yorkshire
BD17 7ET





REGISTERED NUMBER: 05640433 (England and Wales)






BAVINTON FINANCIAL LTD (Registered number: 05640433)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 392 609
Investments 6 44,046 44,046
44,438 44,655

CURRENT ASSETS
Debtors 7 38,493 18,942
Cash at bank 99 1
38,592 18,943
CREDITORS
Amounts falling due within one year 8 57,207 51,784
NET CURRENT LIABILITIES (18,615 ) (32,841 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,823

11,814

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 25,822 11,813
SHAREHOLDERS' FUNDS 25,823 11,814

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

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 Board of Directors and authorised for issue on 30 January 2025 and were signed on its behalf by:



Ms W H Woodward - Director


BAVINTON FINANCIAL LTD (Registered number: 05640433)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

BAVINTON FINANCIAL LTD 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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Office 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 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 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

BAVINTON FINANCIAL LTD (Registered number: 05640433)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 100,000
AMORTISATION
At 1 January 2024
and 31 December 2024 100,000
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Office
fittings equipment Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 17,380 23,533 40,913
DEPRECIATION
At 1 January 2024 16,771 23,533 40,304
Charge for year 217 - 217
At 31 December 2024 16,988 23,533 40,521
NET BOOK VALUE
At 31 December 2024 392 - 392
At 31 December 2023 609 - 609

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2024
and 31 December 2024 44,046
NET BOOK VALUE
At 31 December 2024 44,046
At 31 December 2023 44,046

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Other debtors 38,493 18,942

BAVINTON FINANCIAL LTD (Registered number: 05640433)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts - 745
Amounts owed to group undertakings 8 863
Taxation 16,844 9,068
Other creditors 40,355 41,108
57,207 51,784