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REGISTERED NUMBER: 01351410 (England and Wales)



















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2024

FOR

BACHE PALLETS LIMITED

BACHE PALLETS LIMITED (REGISTERED NUMBER: 01351410)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


BACHE PALLETS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2024







DIRECTORS: Mr R G Bache
Mr O R Bache





SECRETARY: Mr R G Bache





REGISTERED OFFICE: Bromley Street
Lye
Stourbridge
West Midlands
DY9 8HY





REGISTERED NUMBER: 01351410 (England and Wales)





ACCOUNTANTS: E R Grove & Co Limited
Grove House
Coombs Wood Court
Steel Park Road
Halesowen
West Midlands
B62 8BF

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
BACHE PALLETS 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 Bache Pallets Limited for the year ended 30th September 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 Bache Pallets 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 Bache Pallets Limited and state those matters that we have agreed to state to the Board of Directors of Bache Pallets 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 Bache Pallets Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Bache Pallets 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 Bache Pallets Limited. You consider that Bache Pallets 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 Bache Pallets 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.






E R Grove & Co Limited
Grove House
Coombs Wood Court
Steel Park Road
Halesowen
West Midlands
B62 8BF


12th June 2025

BACHE PALLETS LIMITED (REGISTERED NUMBER: 01351410)

BALANCE SHEET
30TH SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 327,420 260,283

CURRENT ASSETS
Stocks 390,000 390,000
Debtors 5 933,579 1,001,578
Cash at bank and in hand 158,086 348,444
1,481,665 1,740,022
CREDITORS
Amounts falling due within one year 6 876,763 1,072,871
NET CURRENT ASSETS 604,902 667,151
TOTAL ASSETS LESS CURRENT
LIABILITIES

932,322

927,434

CREDITORS
Amounts falling due after more than one
year

7

(9,146

)

(30,292

)

PROVISIONS FOR LIABILITIES (75,891 ) (51,703 )
NET ASSETS 847,285 845,439

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 847,085 845,239
SHAREHOLDERS' FUNDS 847,285 845,439

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.

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 12th June 2025 and were signed on its behalf by:





Mr R G Bache - Director


BACHE PALLETS LIMITED (REGISTERED NUMBER: 01351410)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

1. STATUTORY INFORMATION

Bache Pallets 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.

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.

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 - 10% on cost
Fixtures and fittings - 10% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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 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 34 (2023 - 33 ) .

BACHE PALLETS LIMITED (REGISTERED NUMBER: 01351410)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st October 2023 618,389 83,964 40,847 41,894 785,094
Additions 40,681 47,215 - 16,570 104,466
At 30th September 2024 659,070 131,179 40,847 58,464 889,560
DEPRECIATION
At 1st October 2023 435,834 35,442 23,547 29,988 524,811
Charge for year 19,663 9,555 3,460 4,651 37,329
At 30th September 2024 455,497 44,997 27,007 34,639 562,140
NET BOOK VALUE
At 30th September 2024 203,573 86,182 13,840 23,825 327,420
At 30th September 2023 182,555 48,522 17,300 11,906 260,283

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 518,436 649,684
Other debtors 415,143 351,894
933,579 1,001,578

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,978 10,000
Hire purchase contracts 11,125 22,049
Trade creditors 549,541 659,823
Taxation and social security 136,723 40,392
Other creditors 169,396 340,607
876,763 1,072,871

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 9,146 19,167
Hire purchase contracts - 11,125
9,146 30,292

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Mr R G Bache, a director of the company is also a director of Mixed Up Limited and Genwork Limited. Transactions with these companies during the year were as follows: Rent charged by Mixed Up Limited £80,000 (2023: £80,000). Sales to Genwork £57,600 (2023: 57,600). Purchases from Genwork £429,079 (2023: £424,964). All transactions were on an arms length basis at market value. At 30th September 2024, the net amount due from Genwork Limited was £116,639 and the net amount due from Mixed Up Limited was £106,481.