Registered number:
Unaudited
Information for filing with the registrar
For the Year Ended
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BATHURST ENTERPRISE LTD
Report to the director on the preparation of the unaudited statutory financial statements of Bathurst Enterprise Ltd for the Year Ended 30 June 2024
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BATHURST ENTERPRISE LTD
Registered number: 08512220
Balance sheet
As at
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BATHURST ENTERPRISE LTD
Registered number: 08512220
Balance sheet (continued)
As at 30 June 2024
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 4 to 9 form part of these financial statements.
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BATHURST ENTERPRISE LTD
Notes to the financial statements
For the Year Ended 30 June 2024
Bathurst Enterprise Ltd is a company incorporated in England and Wales under the Companies Act. The company's registered number and office is shown on the company information page. The principal activity of the company is that of property investment.
2.Accounting policies
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.
The following principal accounting policies have been applied:
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BATHURST ENTERPRISE LTD
Notes to the financial statements
For the Year Ended 30 June 2024
2.Accounting policies (continued)
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.
Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration, expected to be paid or received. Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method.
The company's reserves are as follows:
• Called up share capital represents the nominal value of the shares issued • Profit and Loss Account represents cummulative profits or losses, net of dividends and other adjustments.
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BATHURST ENTERPRISE LTD
Notes to the financial statements
For the Year Ended 30 June 2024
2.Accounting policies (continued)
Turnover represents gross rental income from the letting of property and is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured.
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BATHURST ENTERPRISE LTD
Notes to the financial statements
For the Year Ended 30 June 2024
The 2024 valuations were made by the director, on an open market value for existing use basis.
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BATHURST ENTERPRISE LTD
Notes to the financial statements
For the Year Ended 30 June 2024
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BATHURST ENTERPRISE LTD
Notes to the financial statements
For the Year Ended 30 June 2024
12.Deferred taxation (continued)
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