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REGISTERED NUMBER: 00853315















A.G. BACHELOR LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024






A.G. BACHELOR LIMITED (REGISTERED NUMBER: 00853315)






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




Page

Balance Sheet 1

Notes to the Financial Statements 3


A.G. BACHELOR LIMITED (REGISTERED NUMBER: 00853315)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 450,000 450,000
450,000 450,000

CURRENT ASSETS
Debtors 6 1,222 2,127
Cash at bank 11,700 9,653
12,922 11,780
CREDITORS
Amounts falling due within one year 7 11,798 9,526
NET CURRENT ASSETS 1,124 2,254
TOTAL ASSETS LESS CURRENT
LIABILITIES

451,124

452,254

PROVISIONS FOR LIABILITIES 41,001 41,001
NET ASSETS 410,123 411,253

CAPITAL AND RESERVES
Called up share capital 3,575 3,575
Non distributable reserve 8 330,738 330,738
Retained earnings 75,810 76,940
SHAREHOLDERS' FUNDS 410,123 411,253

A.G. BACHELOR LIMITED (REGISTERED NUMBER: 00853315)

BALANCE SHEET - continued
31 JULY 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 Profit and Loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 February 2025 and were signed on its behalf by:




K G Bachelor - Director



Mrs R D Bachelor - Director


A.G. BACHELOR LIMITED (REGISTERED NUMBER: 00853315)

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

1. STATUTORY INFORMATION

A.G. Bachelor Limited is a private company limited by shares. The company is registered in England under number 00853315 and the address of the registered office is 7 Albany Road, Stratford Upon Avon, Warwickshire, CV37 6PG.

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 as modified by the revaluation of certain assets.

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 the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - 3 years straight line

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss account, 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.

A.G. BACHELOR LIMITED (REGISTERED NUMBER: 00853315)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 August 2023
and 31 July 2024 1,070
DEPRECIATION
At 1 August 2023
and 31 July 2024 1,070
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023
and 31 July 2024 450,000
NET BOOK VALUE
At 31 July 2024 450,000
At 31 July 2023 450,000

Fair value at 31 July 2024 is represented by:
£   
Valuation in 2000 143,499
Valuation in 2001 10,000
Valuation in 2002 15,000
Valuation in 2003 15,000
Valuation in 2004 100,000
Valuation in 2005 38,638
Valuation in 2007 49,603
Cost 78,260
450,000

A.G. BACHELOR LIMITED (REGISTERED NUMBER: 00853315)

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

5. INVESTMENT PROPERTY - continued

If the freehold properties had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 78,260 78,260

Investment properties were valued on an open market basis on 31 July 2024 by Mr K G Bachelor a director of the company .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 1,222 2,127

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 3,089 3,247
Other creditors 8,709 6,279
11,798 9,526

8. RESERVES
Non
distributable
reserve
£   
At 1 August 2023
and 31 July 2024 330,738