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REGISTERED NUMBER: 04879848 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

BABBINGTON HALL LIMITED

BABBINGTON HALL LIMITED (REGISTERED NUMBER: 04879848)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

BABBINGTON HALL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: Mr A G Sanderson
Mrs Y Sanderson
Ms S J Sanderson





SECRETARY: Mrs Y Sanderson





REGISTERED OFFICE: 1st Floor
Chilworth Point
1 Chilworth Road
Southampton
Hampshire
SO16 7JQ





REGISTERED NUMBER: 04879848 (England and Wales)





ACCOUNTANTS: Rothmans LLP
Chartered Accountants
Chilworth Point
1 Chilworth Road
Southampton
SO16 7JQ

BABBINGTON HALL LIMITED (REGISTERED NUMBER: 04879848)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 399,068 362,263

CURRENT ASSETS
Stocks - 2,399
Debtors 5 12,041 6,123
Cash at bank and in hand 44,476 21,504
56,517 30,026
CREDITORS
Amounts falling due within one year 6 150,725 153,002
NET CURRENT LIABILITIES (94,208 ) (122,976 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

304,860

239,287

PROVISIONS FOR LIABILITIES 5,048 4,447
NET ASSETS 299,812 234,840

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 299,712 234,740
SHAREHOLDERS' FUNDS 299,812 234,840

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 May 2025 and were signed on its behalf by:





Mr A G Sanderson - Director


BABBINGTON HALL LIMITED (REGISTERED NUMBER: 04879848)

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

1. STATUTORY INFORMATION

Babbington Hall 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

REVENUE RECOGNITION
Turnover is the amount derived from leasing kennels, and stated after trade discounts and net of VAT.

Revenue is recognised when the amount of revenue can be measured reliably and it is probable that the economic benefits associated with the transaction will flow to the entity.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost included expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

The assets' residual values, useful lives and depreciation methods are reviewed and if appropriate are adjusted if there is an indication of a significant change since the last reporting date.

No depreciation is provided for in respect of the improvements to property, as the director does not consider the value of the property to be decreasing.

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.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company makes contributions into a recognised UK defined contribution scheme.

BABBINGTON HALL LIMITED (REGISTERED NUMBER: 04879848)

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

2. ACCOUNTING POLICIES - continued

Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. Obligations for contributions to defined contribution pension schemes are recognised as an expense in the profit and loss account in the periods during which services are rendered by employees.

CASH AND CASH EQUIVALENTS
Cash and short-term deposits included in the Statement of Financial Position comprise cash in hand and short-term deposits with an original maturity of three months or less.

SHORT-TERM DEBTORS AND CREDITORS
Debtors and creditors receivable and payable within one year or upon demand are recorded at transaction price whether or not a rate of interest is charged on the balance.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 338,126 69,530 43,055 10,468 461,179
Additions 40,750 - - - 40,750
At 31 August 2024 378,876 69,530 43,055 10,468 501,929
DEPRECIATION
At 1 September 2023 - 66,990 21,987 9,939 98,916
Charge for year - (1,454 ) 5,267 132 3,945
At 31 August 2024 - 65,536 27,254 10,071 102,861
NET BOOK VALUE
At 31 August 2024 378,876 3,994 15,801 397 399,068
At 31 August 2023 338,126 2,540 21,068 529 362,263

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 11,651 2,459
Other debtors 390 1,799
Deferred tax asset - 1,865
12,041 6,123

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 20,680 -
Social security and other taxes 1,103 2,402
VAT 9,514 8,547
Other creditors 107,397 112,266
Directors' current accounts 8,875 27,072
Accrued expenses 3,156 2,715
150,725 153,002

The loan from the director is included free of interest and is repayable on demand.

BABBINGTON HALL LIMITED (REGISTERED NUMBER: 04879848)

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

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the director made drawings of £144,136 and introduced capital of £125,938. At the year end the company owed the director £8,875.

8. RELATED PARTY DISCLOSURES

During the year, the company participated in transactions with an associated company. The company owed £112,266 to the associated company at the beginning of the year. During the year £21,160 of income was received on the associated companies behalf, £30,736 was received from the associated company, £20,736 was paid to the associated company, £14,600 was charged in relation to rent, £1,429 was paid by the company for expenses of the associated company, and £20,000 was charged to the associated company in relation to management charges. This leaves a balance at the balance sheet date of £107,397. This balance is repayable on demand, no interest is being charged and no security has been provided on this balance.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
BABBINGTON HALL LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Babbington Hall Limited for the year ended 31 August 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Babbington Hall Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Babbington Hall Limited and state those matters that we have agreed to state to the Board of Directors of Babbington Hall Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Babbington Hall Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Babbington Hall Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Babbington Hall Limited. You consider that Babbington Hall Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Babbington Hall Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Rothmans LLP
Chartered Accountants
Chilworth Point
1 Chilworth Road
Southampton
SO16 7JQ


Date: .............................................