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REGISTERED NUMBER: 03470833 (England and Wales)















BATCHELOR POLYURETHANES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 SEPTEMBER 2024






BATCHELOR POLYURETHANES LIMITED (REGISTERED NUMBER: 03470833)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BATCHELOR POLYURETHANES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: D Batchelor
Mrs J Batchelor





SECRETARY: Mrs J Batchelor





REGISTERED OFFICE: 5 Bannerley Road
Garretts Green Industrial Estate
Garretts Green
Birmingham
West Midlands
B33 0SL





REGISTERED NUMBER: 03470833 (England and Wales)





ACCOUNTANTS: Charles Lovell & Co Limited
Chartered Certified Accountants
and Statutory Auditors
8 Church Green East
Redditch
Worcestershire
B98 8BP

BATCHELOR POLYURETHANES LIMITED (REGISTERED NUMBER: 03470833)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 471,266 430,340

CURRENT ASSETS
Stocks 66,275 69,295
Debtors 5 186,155 214,875
Cash at bank and in hand 289,569 287,497
541,999 571,667
CREDITORS
Amounts falling due within one year 6 189,388 279,401
NET CURRENT ASSETS 352,611 292,266
TOTAL ASSETS LESS CURRENT
LIABILITIES

823,877

722,606

CREDITORS
Amounts falling due after more than one year 7 (16,615 ) (19,908 )

PROVISIONS FOR LIABILITIES (102,596 ) (34,834 )
NET ASSETS 704,666 667,864

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 704,664 667,862
SHAREHOLDERS' FUNDS 704,666 667,864

BATCHELOR POLYURETHANES LIMITED (REGISTERED NUMBER: 03470833)

BALANCE SHEET - continued
30 SEPTEMBER 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 13 February 2025 and were signed on its behalf by:





D Batchelor - Director


BATCHELOR POLYURETHANES LIMITED (REGISTERED NUMBER: 03470833)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Batchelor Polyurethanes 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.

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.
Freehold prop - 2% on cost
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on cost

Stocks
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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 10 (2023 - 9 ) .

BATCHELOR POLYURETHANES LIMITED (REGISTERED NUMBER: 03470833)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
prop machinery fittings
£    £    £   
COST
At 1 October 2023 253,138 306,252 38,690
Additions - 32,567 -
At 30 September 2024 253,138 338,819 38,690
DEPRECIATION
At 1 October 2023 30,377 157,388 28,172
Charge for year 5,062 15,178 1,052
At 30 September 2024 35,439 172,566 29,224
NET BOOK VALUE
At 30 September 2024 217,699 166,253 9,466
At 30 September 2023 222,761 148,864 10,518

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2023 77,488 18,100 693,668
Additions 40,000 1,556 74,123
At 30 September 2024 117,488 19,656 767,791
DEPRECIATION
At 1 October 2023 30,822 16,569 263,328
Charge for year 10,666 1,239 33,197
At 30 September 2024 41,488 17,808 296,525
NET BOOK VALUE
At 30 September 2024 76,000 1,848 471,266
At 30 September 2023 46,666 1,531 430,340

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 173,507 203,897
Other debtors 12,648 10,978
186,155 214,875

BATCHELOR POLYURETHANES LIMITED (REGISTERED NUMBER: 03470833)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 12,593 110,666
Trade creditors 96,648 54,715
Taxation and social security 73,391 106,403
Other creditors 6,756 7,617
189,388 279,401

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans 16,615 19,908

8. SECURED DEBTS

The following secured debts are included within creditors:

30.9.24 30.9.23
£    £   
Bank loans 29,208 130,574

A fixed charge and a floating charge covering all property of the undertaking was created on 20 June 2018 in favour of National Westminster Bank PLC.