IRIS Accounts Production v25.1.0.734 04545994 director 1.10.23 30.9.24 30.9.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh045459942023-09-30045459942024-09-30045459942023-10-012024-09-30045459942022-09-30045459942022-10-012023-09-30045459942023-09-3004545994ns15:EnglandWales2023-10-012024-09-3004545994ns14:PoundSterling2023-10-012024-09-3004545994ns10:Director12023-10-012024-09-3004545994ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3004545994ns10:SmallEntities2023-10-012024-09-3004545994ns10:AuditExemptWithAccountantsReport2023-10-012024-09-3004545994ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3004545994ns10:FullAccounts2023-10-012024-09-3004545994ns10:RegisteredOffice2023-10-012024-09-3004545994ns5:CurrentFinancialInstruments2024-09-3004545994ns5:CurrentFinancialInstruments2023-09-3004545994ns5:Non-currentFinancialInstruments2024-09-3004545994ns5:Non-currentFinancialInstruments2023-09-3004545994ns5:ShareCapital2024-09-3004545994ns5:ShareCapital2023-09-3004545994ns5:RetainedEarningsAccumulatedLosses2024-09-3004545994ns5:RetainedEarningsAccumulatedLosses2023-09-3004545994ns5:PlantMachinery2023-10-012024-09-3004545994ns5:FurnitureFittings2023-10-012024-09-3004545994ns5:MotorVehicles2023-10-012024-09-3004545994ns5:ComputerEquipment2023-10-012024-09-3004545994ns5:LandBuildings2023-09-3004545994ns5:PlantMachinery2023-09-3004545994ns5:FurnitureFittings2023-09-3004545994ns5:LandBuildings2023-10-012024-09-3004545994ns5:LandBuildings2024-09-3004545994ns5:PlantMachinery2024-09-3004545994ns5:FurnitureFittings2024-09-3004545994ns5:LandBuildings2023-09-3004545994ns5:PlantMachinery2023-09-3004545994ns5:FurnitureFittings2023-09-3004545994ns5:MotorVehicles2023-09-3004545994ns5:ComputerEquipment2023-09-3004545994ns5:MotorVehicles2024-09-3004545994ns5:ComputerEquipment2024-09-3004545994ns5:MotorVehicles2023-09-3004545994ns5:ComputerEquipment2023-09-3004545994ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-09-3004545994ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-09-3004545994ns5:LeasedAssetsHeldAsLessee2023-09-3004545994ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-09-3004545994ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-09-3004545994ns5:LeasedAssetsHeldAsLessee2024-09-3004545994ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-10-012024-09-3004545994ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-10-012024-09-3004545994ns5:LeasedAssetsHeldAsLessee2023-10-012024-09-3004545994ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-09-3004545994ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-09-3004545994ns5:LeasedAssetsHeldAsLessee2023-09-3004545994ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3004545994ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3004545994ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-09-3004545994ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-09-3004545994ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-09-3004545994ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-09-3004545994ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-09-3004545994ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-09-3004545994ns5:Secured2024-09-3004545994ns5:Secured2023-09-3004545994ns5:DeferredTaxation2023-09-3004545994ns5:DeferredTaxation2023-10-012024-09-3004545994ns5:DeferredTaxation2024-09-30
REGISTERED NUMBER: 04545994 (England and Wales)















Financial Statements For The Year Ended 30 September 2024

for

A. C. Badlan Limited

A. C. Badlan Limited (Registered number: 04545994)






Contents of the Financial Statements
For The Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 10

A. C. Badlan Limited

Company Information
For The Year Ended 30 September 2024







DIRECTOR: A C Badlan





REGISTERED OFFICE: 13 Stourdale Road
Cradley Heath
West Midlands
B64 7BG





REGISTERED NUMBER: 04545994 (England and Wales)





ACCOUNTANTS: Howell Dunn & Co Limited
13 Stourdale Road
Cradley Heath
West Midlands
B64 7BG

A. C. Badlan Limited (Registered number: 04545994)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 489,139 598,775

CURRENT ASSETS
Stocks 35,348 35,150
Debtors 5 235,325 120,367
Cash at bank 229,668 124,130
500,341 279,647
CREDITORS
Amounts falling due within one year 6 637,389 446,392
NET CURRENT LIABILITIES (137,048 ) (166,745 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

352,091

432,030

CREDITORS
Amounts falling due after more than one
year

7

(58,185

)

(143,966

)

PROVISIONS FOR LIABILITIES 9 (61,500 ) (80,050 )
NET ASSETS 232,406 208,014

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 232,306 207,914
SHAREHOLDERS' FUNDS 232,406 208,014

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

A. C. Badlan Limited (Registered number: 04545994)

Balance Sheet - continued
30 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 June 2025 and were signed by:





A C Badlan - Director


A. C. Badlan Limited (Registered number: 04545994)

Notes to the Financial Statements
For The Year Ended 30 September 2024

1. STATUTORY INFORMATION

A. C. Badlan 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.

Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from contracts for the provision of services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 15% on reducing balance

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Work in progress include the cost of direct materials and labour plus attributable overheads based on normal levels of activity.

Net realisable value is based on estimated selling price less any further costs expected to be incurred for completion and sale. The impairment loss is recognised in the income statement.


A. C. Badlan Limited (Registered number: 04545994)

Notes to the Financial Statements - continued
For The Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

The apportionment between the finance charge and the reduction of the outstanding liability uses the effective interest method.

The related obligations, net of future finance charges, are included in creditors.

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.

A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid, the company has no further payment obligations.

Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

A. C. Badlan Limited (Registered number: 04545994)

Notes to the Financial Statements - continued
For The Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the Statement of comprehensive income in other administrative expenses.

Cash and cash equivalents
Cash and cash equivalents include cash in hand and deposits held at call with banks.

Impairment
Assets not valued at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in the statement of comprehensive income.

Provisions
Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

Employee benefits
When employees have rendered services to the company, short term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 19 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 October 2023 243,142 459,656 3,993
Additions - - -
Disposals - (71,500 ) -
At 30 September 2024 243,142 388,156 3,993
DEPRECIATION
At 1 October 2023 - 159,323 1,541
Charge for year - 37,302 368
Eliminated on disposal - (19,841 ) -
At 30 September 2024 - 176,784 1,909
NET BOOK VALUE
At 30 September 2024 243,142 211,372 2,084
At 30 September 2023 243,142 300,333 2,452

A. C. Badlan Limited (Registered number: 04545994)

Notes to the Financial Statements - continued
For The Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS - continued

Motor Office
vehicles equipment Totals
£    £    £   
COST
At 1 October 2023 129,218 10,918 846,927
Additions - 1,013 1,013
Disposals (42,300 ) - (113,800 )
At 30 September 2024 86,918 11,931 734,140
DEPRECIATION
At 1 October 2023 78,775 8,513 248,152
Charge for year 10,086 1,128 48,884
Eliminated on disposal (32,194 ) - (52,035 )
At 30 September 2024 56,667 9,641 245,001
NET BOOK VALUE
At 30 September 2024 30,251 2,290 489,139
At 30 September 2023 50,443 2,405 598,775

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 October 2023 288,000 40,994 328,994
Transfer to ownership (160,000 ) (12,995 ) (172,995 )
At 30 September 2024 128,000 27,999 155,999
DEPRECIATION
At 1 October 2023 89,511 12,686 102,197
Charge for year 13,872 5,250 19,122
Transfer to ownership (53,991 ) (5,686 ) (59,677 )
At 30 September 2024 49,392 12,250 61,642
NET BOOK VALUE
At 30 September 2024 78,608 15,749 94,357
At 30 September 2023 198,489 28,308 226,797

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 220,846 112,079
Tax 11,279 -
Prepayments 3,200 8,288
235,325 120,367

A. C. Badlan Limited (Registered number: 04545994)

Notes to the Financial Statements - continued
For The Year Ended 30 September 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 45,810 44,569
Other loans 10,000 10,000
Hire purchase contracts 27,615 61,297
Trade creditors 254,953 163,598
Corporation tax 96,151 45,678
Social security and other taxes 123,532 78,951
Other creditors 35,000 35,000
Credit Card 2,818 -
Directors' current accounts 38,108 3,640
Accrued expenses 3,402 3,659
637,389 446,392

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 39,148 45,810
Bank loans - 2-5 years - 39,148
Other loans - 1-2 years 6,667 10,000
Other loans - 2-5 years - 6,667
Hire purchase contracts 12,370 42,341
58,185 143,966

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 84,958 129,527
Hire purchase contracts 39,985 103,638
124,943 233,165

Hire purchase liabilities are secured on the asset to which the contract relates.

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 61,500 80,050

Deferred
tax
£   
Balance at 1 October 2023 80,050
Credit to Statement of Income and Retained Earnings during year (18,550 )
Balance at 30 September 2024 61,500

A. C. Badlan Limited (Registered number: 04545994)

Notes to the Financial Statements - continued
For The Year Ended 30 September 2024

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A C Badlan.

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
A. C. Badlan Limited

The following reproduces the text of the report prepared for the director 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 Director 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 A. C. Badlan Limited for the year ended 30 September 2024 which comprise the Statement of Income and Retained Earnings, 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of A. C. Badlan Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A. C. Badlan Limited and state those matters that we have agreed to state to the director of A. C. Badlan Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that A. C. Badlan 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 A. C. Badlan Limited. You consider that A. C. Badlan 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 A. C. Badlan 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.






Howell Dunn & Co Limited
13 Stourdale Road
Cradley Heath
West Midlands
B64 7BG


24 June 2025