Company Registration No.
BACHMANN PORT SERVICES LIMITED
ANNUAL REPORT AND UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
BACHMANN PORT SERVICES LIMITED
ANNUAL REPORT AND UNAUDITED ACCOUNTS
CONTENTS
| Page |
|
|
Company information | 3 |
|
|
Directors' report | 4 |
|
|
Statement of income and retained earnings | 5 |
|
|
Statement of financial position | 6 |
|
|
Notes to the accounts | 7 |
|
|
Detailed profit and loss account | 11 |
BACHMANN PORT SERVICES LIMITED
COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025
Directors | |
| |
|
|
Secretary | |
|
|
Company Number | 07891943 (England and Wales) |
|
|
Registered Office | |
| |
| |
| |
| England |
|
|
Bankers |
BACHMANN PORT SERVICES LIMITED
FOR THE YEAR ENDED 31 MARCH 2025
DIRECTORS' REPORT
The directors present their report and accounts for the year ended 31 March 2025.
Directors
The following directors held office during the whole of the period:
E A Powell
N D Saul
Statement of directors' responsibilities
The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.
Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:
- | select suitable accounting policies and then apply them consistently; |
- | make judgements and estimates that are reasonable and prudent; |
- | prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business. |
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
BACHMANN PORT SERVICES LIMITED
FOR THE YEAR ENDED 31 MARCH 2025
DIRECTORS' REPORT
Small company provisions
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Signed on behalf of the board of directors
……………………………………… | …………………………………… |
|
|
E A Powell | N D Saul |
Director | Director |
|
|
Approved by the board on: 07/14/2025 |
|
BACHMANN PORT SERVICES LIMITED
STATEMENT OF INCOME AND RETAINED EARNINGS
FOR THE YEAR ENDED 31 MARCH 2025
|
| 2025 | 2024 |
|
| £ | £ |
|
|
|
|
Turnover | 4 | ||
Cost of sales |
| ( | ( |
|
|
|
|
Gross profit/(loss) |
| ( | |
|
|
|
|
Administrative expenses |
| ( | ( |
|
|
|
|
Operating profit/(loss) |
| ( | |
|
|
|
|
Profit/(loss) on ordinary activities before taxation |
| ( | |
|
|
|
|
Tax on profit/(loss) on ordinary activities |
| - | - |
|
|
|
|
Profit/(loss) for the financial year |
| ( | |
|
|
|
|
Retained earnings at the start of the year |
| ( | ( |
Profit/(loss) for the financial year |
| ( | |
Dividends |
| - | - |
|
|
|
|
Retained earnings at the end of the year |
| ( | ( |
BACHMANN PORT SERVICES LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025
|
| 2025 | 2024 |
| Notes | £ | £ |
Fixed assets |
|
|
|
Tangible assets | 5 | - | |
Current assets |
|
|
|
Debtors | 6 | ||
Cash at bank and in hand |
| ||
|
|
|
|
|
| ||
Creditors: amounts falling due within one year | 7 | ( | ( |
|
|
|
|
Net current liabilities |
| ( | ( |
|
|
|
|
Net liabilities |
| ( | ( |
|
|
|
|
Capital and reserves |
|
|
|
Called up share capital | 8 | ||
Profit and loss account |
| ( | ( |
|
|
|
|
Shareholders' funds |
| ( | ( |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
The financial statements were approved by
|
|
E A Powell | N D Saul |
Director | Director |
Company Registration No. 07891943
BACHMANN PORT SERVICES LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
1 Statutory information
Bachmann Port Services Limited is a private company, limited by shares, registered in England and Wales, registration number 07891943. The registered office is 10 Brighton Avenue, Burnage, Manchester, M19 2JQ, England.
2 Compliance with accounting standards
The financial statements are prepared in accordance with Financial Reporting Standard 102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland, Section 1A - Small Entities (FRS 102 Section 1A). There were no material departures from that standard.
3 Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
In the opinion of the Directors, the financial statements give a true and fair view of the state of the Company's affairs as at 31 March 2025 and of its results for the year then ended. The financial statements do not include a cash flow statement because the Company, as a small reporting entity, is exempt from the requirement to prepare such a statement under FRS 102 Section 1A.
Going concern
The Directors, having considered the Company's objectives and available resources along with its projected income and expenditure, are satisfied that the Company has adequate resources to continue in operational existence for the foreseeable future. The Company is reliant on group support to provide the cash flow required to continue as a going concern. To that end Directors have received assurances from their parent company that they will continue to support the Company and will continue to meet the Company's obligations to other creditors as and when they fall due. The financial statements do not include any adjustments that would result from a withdrawal of support from their group.
Pension
The Company contributes to three defined contribution pension schemes. All contributions payable are charged in the Statement of Income and Retained Earnings.
BACHMANN PORT SERVICES LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates and sales taxes.
Debtors
Debtors receivable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the Statement of Income & Retained Earnings.
Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Creditors
Creditors payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the Statement of Income & Retained Earnings.
Provision for liabilities
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to the Statement of Income & Retained Earnings in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the Statement of Financial Position date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Statement of Financial Position.
BACHMANN PORT SERVICES LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
Tax
Current tax represents the amount of tax payable in respect of the taxable profit for the year or prior years. It is measured at the amount expected to be paid using the tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.
Foreign currency
Foreign currency transactions are translated into the functional currency at the foreign exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Statement of Financial Position date are retranslated to the functional currency at the foreign exchange rate ruling at that date. Foreign exchange differences arising on translation are recognised in the Statement of Income and Retained Earnings.
Tangible fixed assets and depreciation
Tangible assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Costs includes costs directly attributable to making the asset capable of operating as intended.
Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each assets on a systematic basis over its expected useless life as follows:
Computer equipment |
4 Turnover
Turnover comprises of fees earned for the provision of employment and crewing services.
BACHMANN PORT SERVICES LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
5 Tangible fixed assets
| Fixtures & fittings |
| £ |
Cost or valuation | At cost |
At 1 April 2024 | - |
Additions | |
|
|
At 31 March 2025 | |
|
|
Depreciation |
|
Charge for the year | |
|
|
At 31 March 2025 | |
|
|
Net book value |
|
At 31 March 2025 |
6 Debtors
| 2025 | 2024 |
| £ | £ |
|
|
|
Amounts falling due within one year |
|
|
Trade debtors | - | |
Accrued income and prepayments | - | |
Other debtors | ||
|
|
|
|
7 Creditors: amounts falling due within one year
| 2025 | 2024 |
| £ | £ |
|
|
|
VAT | - | |
Amounts owed to group undertakings and other participating interests | ||
Taxes and social security | ||
Loans from directors | - | |
|
|
|
|
BACHMANN PORT SERVICES LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
8 Share capital
| 2025 | 2024 |
| £ | £ |
Allotted, called up and fully paid: |
|
|
9 Pension commitments
10 Transactions with related parties
BachmannHR Marine Limited and MultiWage International Payroll Limited are companies within the same group structure as Bachmann Port Services Limited. ND Saul and EA Powell are both directors of these related companies.
11 Controlling party
The immediate controlling party is
12 Average number of employees
During the year the average number of employees was