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REGISTERED NUMBER: 00563995 (England and Wales)






















E Batty (Contractors) Limited

Report of the Directors and

Unaudited Financial Statements for the Year Ended 30th September 2024






E Batty (Contractors) Limited (Registered number: 00563995)






Contents of the Financial Statements
for the year ended 30th September 2024




Page

Company Information 1

Report of the Directors 2

Balance Sheet 3

Notes to the Financial Statements 5


E Batty (Contractors) Limited

Company Information
for the year ended 30th September 2024







DIRECTORS: M C S Hall
C P Bagshaw
J S Bradshaw





REGISTERED OFFICE: 101 West Dock Street
Hull
East Yorkshire
HU3 4HH





REGISTERED NUMBER: 00563995 (England and Wales)





ACCOUNTANTS: Smailes Goldie
Chartered Accountants
Regent's Court
Princess Street
Hull
East Yorkshire HU2 8BA

E Batty (Contractors) Limited (Registered number: 00563995)

Report of the Directors
for the year ended 30th September 2024

The directors present their report with the financial statements of the company for the year ended 30th September 2024.

REVIEW OF BUSINESS
The business continued to recover during 23/24 with key focus on increasing gross margins and cost control. The outlook for the future is positive with a full order book and improving margins heading into 24/25.

DIRECTORS
The directors shown below have held office during the whole of the period from 1st October 2023 to the date of this report.

M C S Hall
C P Bagshaw
J S Bradshaw

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





J S Bradshaw - Director


2nd May 2025

E Batty (Contractors) Limited (Registered number: 00563995)

Balance Sheet
30th September 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 56,047 71,313

CURRENT ASSETS
Stocks 5 383,140 309,308
Debtors 6 972,031 1,294,165
Cash at bank 103,376 39,997
1,458,547 1,643,470
CREDITORS
Amounts falling due within one year 7 1,096,560 1,352,022
NET CURRENT ASSETS 361,987 291,448
TOTAL ASSETS LESS CURRENT
LIABILITIES

418,034

362,761

CREDITORS
Amounts falling due after more than one
year

8

52,522

114,919
NET ASSETS 365,512 247,842

CAPITAL AND RESERVES
Called up share capital 11 480,000 480,000
Share premium 2,160 2,160
Retained earnings (116,648 ) (234,318 )
SHAREHOLDERS' FUNDS 365,512 247,842

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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.

E Batty (Contractors) Limited (Registered number: 00563995)

Balance Sheet - continued
30th September 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 2nd May 2025 and were signed on its behalf by:





M C S Hall - Director


E Batty (Contractors) Limited (Registered number: 00563995)

Notes to the Financial Statements
for the year ended 30th September 2024

1. STATUTORY INFORMATION

E Batty (Contractors) Limited is a private company, limited by shares, registered in the United Kingdom. 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 the amount receivable, excluding value added tax, in the ordinary course of business for goods supplied as a principal and works provided. In the case of the contract work, turnover is calculated on the basis of the value of work executed during the year.

Tangible fixed assets
Depreciation is calculated to write down the cost of fixed assets by annual instalments over their expected useful lives.

The rates generally applicable are:

Improvements to leasehold propertyOver the period of the lease
Motor vehicles20% on cost
Plant and equipment10% to 20% on cost

Stocks
Stock is stated at lower of cost and net realisable value.

Contract work in progress included in debtors is stated at net realisable value. Cumulative turnover (i.e the total turnover recorded in respect of the contract and profit and loss accounts of all the periods since inception of the contract) is compared with total payments on account. If turnover exceeds payments on account an "amount recoverable on contracts" is established and separately disclosed within debtors. If payments on account are greater than turnover to date, the excess is classified within creditors.

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.

E Batty (Contractors) Limited (Registered number: 00563995)

Notes to the Financial Statements - continued
for the year ended 30th September 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets acquired under finance leases and hire purchase contracts are treated as fixed assets. The amount capitalised is the present value of the minimum lease payments payable during the lease term. Depreciation is charged to the profit and loss account in accordance with the normal depreciation policy over the shorter of the lease term and the useful life of the assets.

The corresponding lease commitments are shown as liabilities. The interest element of rental obligations is charged to the profit and loss account over the period of the lease on a straight line basis.

Rentals payable under operating leases are charged to the profit and loss account over the period of the lease on a straight line basis.

Pension funding
The company is a member of a group of companies which operates a pension scheme for the benefit of the employees. The benefits under this scheme are secured under individual policies with an insurance company at a fixed rate for the life of the relevant policy. Contributions are charged to the profit and loss account as they fall due.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32 (2023 - 31 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to
leasehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1st October 2023 148,220 413,267 34,995 596,482
Additions - 5,340 - 5,340
Disposals - - (34,995 ) (34,995 )
At 30th September 2024 148,220 418,607 - 566,827
DEPRECIATION
At 1st October 2023 126,591 363,583 34,995 525,169
Charge for year 2,711 17,895 - 20,606
Eliminated on disposal - - (34,995 ) (34,995 )
At 30th September 2024 129,302 381,478 - 510,780
NET BOOK VALUE
At 30th September 2024 18,918 37,129 - 56,047
At 30th September 2023 21,629 49,684 - 71,313

E Batty (Contractors) Limited (Registered number: 00563995)

Notes to the Financial Statements - continued
for the year ended 30th September 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1st October 2023
and 30th September 2024 20,500
DEPRECIATION
At 1st October 2023
and 30th September 2024 17,767
NET BOOK VALUE
At 30th September 2024 2,733
At 30th September 2023 2,733

5. STOCKS
2024 2023
£    £   
Raw materials 383,140 309,308

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 641,947 935,908
Amounts recoverable on contract 213,838 237,519
Other debtors 41,246 45,738
Deferred tax asset
Tax losses carried forward 75,000 75,000
972,031 1,294,165

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 28,182 28,182
Invoice discounting 467,005 532,818
Hire purchase contracts (see note 9) - 3,339
Trade creditors 492,802 665,237
Social security and other taxes 43,798 80,671
Other creditors 64,773 41,775
1,096,560 1,352,022

E Batty (Contractors) Limited (Registered number: 00563995)

Notes to the Financial Statements - continued
for the year ended 30th September 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 2-5 years 20,303 48,485
Amounts owed to group undertakings 32,219 66,434
52,522 114,919

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Gross obligations repayable:
Within one year - 3,899

Finance charges repayable:
Within one year - 560

Net obligations repayable:
Within one year - 3,339

Non-cancellable operating leases
2024 2023
£    £   
Between one and five years 122,769 145,389

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Invoice Discounting 467,005 532,818

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
477,600 Ordinary £1 477,600 477,600
2,400 Preferred ordinary shares £1 2,400 2,400
480,000 480,000

E Batty (Contractors) Limited (Registered number: 00563995)

Notes to the Financial Statements - continued
for the year ended 30th September 2024

11. CALLED UP SHARE CAPITAL - continued

The ordinary shares and the preferred ordinary shares rank pari passu in respect of voting rights and rights on winding up of the company. Profit which the company may distribute shall be applied as follows:-

i)In paying a fixed dividend of 8% p.a. in respect of the preferred ordinary shares.

ii)In paying to the holders of the preferred ordinary shares, in addition to i) above, an
additional dividend of 1% p.a. paid as a dividend on the ordinary shares over and above
15%.

iii)In paying to ordinary shareholders a non-cumulative dividend of 15% or such higher or
lower percentage as the company may determine.

The right to receive the fixed dividend has been waived for periods up to 30th September 2023 by the holders of the preferred ordinary shares.

12. ULTIMATE CONTROLLING PARTY

The controlling party is E Batty (Holdings) limited.

The ultimate controlling party is M C S Hall.