Registered number
15058030
Batth Investment Essex Ltd
Filleted Accounts
31 August 2024
Batth Investment Essex Ltd
Registered number: 15058030
Balance Sheet
as at 31 August 2024
Notes 2024
£
Fixed assets
Tangible assets 3 748,855
Current assets
Cash at bank and in hand 6,827
Creditors: amounts falling due within one year 4 (372,662)
Net current liabilities (365,835)
Total assets less current liabilities 383,020
Creditors: amounts falling due after more than one year 5 (371,322)
Net assets 11,698
Capital and reserves
Called up share capital 100
Profit and loss account 11,598
Shareholder's funds 11,698
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Jaskaran Singh Batth
Director
Approved by the board on 19 March 2025
Batth Investment Essex Ltd
Notes to the Accounts
for the period from 8 August 2023 to 31 August 2024
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings Not Depreciated
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024
Number
Average number of persons employed by the company 0
3 Tangible fixed assets
Land and buildings
£
Cost
Additions 748,855
At 31 August 2024 748,855
Depreciation
At 31 August 2024 -
Net book value
At 31 August 2024 748,855
4 Creditors: amounts falling due within one year 2024
£
Amounts owed to group undertakings and undertakings in which the company has a participating interest 135,943
Director's account 53,000
Taxation and social security costs 2,720
Other creditors 180,999
372,662
5 Creditors: amounts falling due after one year 2024
£
Bank loans 371,322
6 Other information
Batth Investment Essex Ltd is a private company limited by shares and incorporated in England. Its registered office is:
4 Wangey Road
Romford
England
RM6 4DD
Batth Investment Essex Ltd 15058030 false 2023-08-08 2024-08-31 2024-08-31 VT Final Accounts April 2024 Jaskaran Singh Batth No description of principal activity 15058030 2023-08-08 2024-08-31 15058030 bus:PrivateLimitedCompanyLtd 2023-08-08 2024-08-31 15058030 bus:AuditExemptWithAccountantsReport 2023-08-08 2024-08-31 15058030 bus:Director40 2023-08-08 2024-08-31 15058030 2 2023-08-08 2024-08-31 15058030 countries:England 2023-08-08 2024-08-31 15058030 bus:FRS102 2023-08-08 2024-08-31 15058030 bus:FilletedAccounts 2023-08-08 2024-08-31 15058030 2024-08-31 15058030 core:WithinOneYear 2024-08-31 15058030 core:AfterOneYear 2024-08-31 15058030 core:ShareCapital 2024-08-31 15058030 core:RetainedEarningsAccumulatedLosses 2024-08-31 15058030 2023-08-07 iso4217:GBP xbrli:pure