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REGISTERED NUMBER: 01730321 (England and Wales)















Batmink Limited

Unaudited Financial Statements

for the Year Ended 31 December 2024






Batmink Limited (Registered number: 01730321)






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




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


Batmink Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: D R Churches
G D Thomas



REGISTERED OFFICE: Beckery Road
Glastonbury
Somerset
BA6 9NX



REGISTERED NUMBER: 01730321 (England and Wales)



ACCOUNTANTS: Maxwells
Chartered Accountants
4 King Square
Bridgwater
Somerset
TA6 3YF



BANKERS: National Westminster Bank plc
5 Market Place
Glastonbury
Somerset
BA6 9HB

Batmink Limited (Registered number: 01730321)

Abridged Statement of Financial Position
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 22,000 27,235
Investments 6 100 100
22,100 27,335

CURRENT ASSETS
Stocks 794,714 954,139
Debtors 332,215 434,740
Cash at bank 398,296 204,570
1,525,225 1,593,449
CREDITORS
Amounts falling due within one year 885,072 968,201
NET CURRENT ASSETS 640,153 625,248
TOTAL ASSETS LESS CURRENT
LIABILITIES

662,253

652,583

PROVISIONS FOR LIABILITIES 5,010 6,211
NET ASSETS 657,243 646,372

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 657,043 646,172
SHAREHOLDERS' FUNDS 657,243 646,372

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.

Batmink Limited (Registered number: 01730321)

Abridged Statement of Financial Position - continued
31 December 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 February 2025 and were signed on its behalf by:





G D Thomas - Director


Batmink Limited (Registered number: 01730321)

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

1. STATUTORY INFORMATION

Batmink 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Batmink Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.


Batmink Limited (Registered number: 01730321)

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

3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 9 ) .

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024 240,397
Disposals (14,958 )
At 31 December 2024 225,439
DEPRECIATION
At 1 January 2024 213,162
Charge for year 5,198
Eliminated on disposal (14,921 )
At 31 December 2024 203,439
NET BOOK VALUE
At 31 December 2024 22,000
At 31 December 2023 27,235

Batmink Limited (Registered number: 01730321)

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

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 January 2024
and 31 December 2024 100
NET BOOK VALUE
At 31 December 2024 100
At 31 December 2023 100

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24 31.12.23
£    £   
D R Churches
Balance outstanding at start of year 45,165 45,165
Amounts advanced 66,000 54,000
Amounts repaid (66,000 ) (54,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 45,165 45,165

G D Thomas
Balance outstanding at start of year 41,608 43,858
Amounts advanced 57,000 54,000
Amounts repaid (59,250 ) (56,250 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 39,358 41,608

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is D R Churches.

The above director controlled the company throughout the current and previous period, by virtue of the fact, he owns the majority of the company's issued voting share capital.