Registration number:
Bantam Properties Limited
for the Year Ended 31 March 2024
Bantam Properties Limited
(Registration number: 11666891)
Balance Sheet as at 31 March 2024
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2024 |
(As restated) |
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£ |
£ |
£ |
£ |
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Fixed assets |
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- |
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Current assets |
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Prepayments and accrued income |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Total assets less current liabilities |
( |
( |
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Accruals and deferred income |
( |
- |
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( |
( |
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Capital and reserves |
( |
( |
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For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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• |
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• |
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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Bantam Properties Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024
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General information |
The company is a private company limited by share capital, incorporated in England & Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
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Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
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Financial commitments, guarantees and contingencies |
Amounts disclosed in the balance sheet
Included in the balance sheet are guarantees of £1,301,402 (2023 - £50,000). Creditors falling due within one year of £1,320,489 (2023: £50,000) include a bank overdraft of £1,301,402 (2023: £50,000) which is secured by a personal guarantee from the director.
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Going concern |
The director has reviewed the company's financial performance and position in light of the current economic conditions. The director believes that the company will be able to continue to settle its liabilities as they fall due for the foreseeable future. The company is reliant on the continuing support of the director. At the year end the company owed the director £1,087 (2023: £nil) which is included in creditors due within one year. The director has therefore concluded that the company's financial statements should be prepared on the basis that it is a going concern.