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REGISTERED NUMBER: 06972965 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Botham Commercials Ltd

Botham Commercials Ltd (Registered number: 06972965)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Botham Commercials Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTORS: K Revitt
C E Revitt





SECRETARY: C E Revitt





REGISTERED OFFICE: 12 Stephenson Road
Staveley
Chesterfield
Derbyshire
S43 3JN





REGISTERED NUMBER: 06972965 (England and Wales)





ACCOUNTANTS: Hadfields Chartered Certified Accountants
Commerce House
658B Chatsworth Road
Chesterfield
Derbyshire
S40 3JZ

Botham Commercials Ltd (Registered number: 06972965)

Balance Sheet
31 July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 727,554 661,455
727,554 661,455

CURRENT ASSETS
Stocks 14,216 17,582
Debtors 6 186,719 361,887
Cash at bank 350,784 326,512
551,719 705,981
CREDITORS
Amounts falling due within one year 7 241,098 399,373
NET CURRENT ASSETS 310,621 306,608
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,038,175

968,063

CREDITORS
Amounts falling due after more than one
year

8

(48,549

)

(17,534

)

PROVISIONS FOR LIABILITIES 9 (97,081 ) (100,708 )
NET ASSETS 892,545 849,821

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 892,445 849,721
SHAREHOLDERS' FUNDS 892,545 849,821

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.

Botham Commercials Ltd (Registered number: 06972965)

Balance Sheet - continued
31 July 2024


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 31 March 2025 and were signed on its behalf by:





K Revitt - Director


Botham Commercials Ltd (Registered number: 06972965)

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

1. STATUTORY INFORMATION

Botham Commercials Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 15% on reducing balance

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 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.

Botham Commercials Ltd (Registered number: 06972965)

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

2. ACCOUNTING POLICIES - continued

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 22 (2023 - 26 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 50,000
AMORTISATION
At 1 August 2023
and 31 July 2024 50,000
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 August 2023 181,893 65,207 20,845
Additions 34,708 - -
At 31 July 2024 216,601 65,207 20,845
DEPRECIATION
At 1 August 2023 - 47,467 10,257
Charge for year - 3,548 1,588
At 31 July 2024 - 51,015 11,845
NET BOOK VALUE
At 31 July 2024 216,601 14,192 9,000
At 31 July 2023 181,893 17,740 10,588

Botham Commercials Ltd (Registered number: 06972965)

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

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 August 2023 905,919 1,054 1,174,918
Additions 139,741 1,035 175,484
At 31 July 2024 1,045,660 2,089 1,350,402
DEPRECIATION
At 1 August 2023 455,257 482 513,463
Charge for year 104,120 129 109,385
At 31 July 2024 559,377 611 622,848
NET BOOK VALUE
At 31 July 2024 486,283 1,478 727,554
At 31 July 2023 450,662 572 661,455

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 183,628 357,120
Other debtors 3,091 4,767
186,719 361,887

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 35,734 54,298
Hire purchase contracts 6,974 -
Trade creditors 62,379 36,438
Taxation and social security 44,170 163,720
Other creditors 91,841 144,917
241,098 399,373

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 17,534 17,534
Hire purchase contracts 31,015 -
48,549 17,534

Botham Commercials Ltd (Registered number: 06972965)

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

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 97,081 100,708

Deferred
tax
£   
Balance at 1 August 2023 100,708
Credit to Income Statement during year (3,627 )
Balance at 31 July 2024 97,081

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100

11. RESERVES
Retained
earnings
£   

At 1 August 2023 849,721
Profit for the year 68,764
Dividends (26,040 )
At 31 July 2024 892,445

12. RELATED PARTY DISCLOSURES

During the year, total dividends of £26,040 (2023 - £50,000) were paid to the directors .