Company Registration No. 07891943 (England and Wales)

 

 

 

 

 

 

 

 

 

 

 

 

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

E A Powell

 

N D Saul

 

 

Secretary

Bachmann Secretarial Services Limited

 

 

Company Number

07891943 (England and Wales)

 

 

Registered Office

10 Brighton Avenue

 

Burnage

 

Manchester

 

M19 2JQ

 

England

 

 

Bankers

RBS International Limited, Guernsey

 

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

797,220

797,207

Cost of sales

 

(789,052)

(810,252)

 

 

 

 

Gross profit/(loss)

 

8,168

(13,045)

 

 

 

 

Administrative expenses

 

(7,785)

(5,966)

 

 

 

 

Operating profit/(loss)

 

383

(19,011)

 

 

 

 

Profit/(loss) on ordinary activities before taxation

 

383

(19,011)

 

 

 

 

Tax on profit/(loss) on ordinary activities

 

-

-

 

 

 

 

Profit/(loss) for the financial year

 

383

(19,011)

 

 

 

 

Retained earnings at the start of the year

 

(78,464)

(59,453)

Profit/(loss) for the financial year

 

383

(19,011)

Dividends

 

-

-

 

 

 

 

Retained earnings at the end of the year

 

(78,081)

(78,464)

 

BACHMANN PORT SERVICES LIMITED

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

 

 

 

2025

2024

 

Notes

£

£

Fixed assets

 

 

 

Tangible assets

5

20,179

-

Current assets

 

 

 

Debtors

6

44

1,155

Cash at bank and in hand

 

93,865

77,796

 

 

 

 

 

 

93,909

78,951

Creditors: amounts falling due within one year

7

(192,168)

(157,414)

 

 

 

 

Net current liabilities

 

(98,259)

(78,463)

 

 

 

 

Net liabilities

 

(78,080)

(78,463)

 

 

 

 

Capital and reserves

 

 

 

Called up share capital

8

1

1

Profit and loss account

 

(78,081)

(78,464)

 

 

 

 

Shareholders' funds

 

(78,080)

(78,463)

 

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

 

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 the Board of Directors and authorised for issue on 07/14/2025 and were signed on its behalf 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

The financial statements are prepared in Sterling, which is the functional currency of the Company. The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. The financial statements have been prepared under the historical cost convention.

 

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.

true

 

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

3 years

 

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

23,683

 

 

At 31 March 2025

23,683

 

 

Depreciation

 

Charge for the year

3,504

 

 

At 31 March 2025

3,504

 

 

Net book value

 

At 31 March 2025

20,179

 

6     Debtors

 

 

2025

2024

 

£

£

 

 

 

Amounts falling due within one year

 

 

Trade debtors

43

-

Accrued income and prepayments

-

1,111

Other debtors

1

44

 

 

 

 

44

1,155

 

7     Creditors: amounts falling due within one year

 

 

2025

2024

 

£

£

 

 

 

VAT

42,554

-

Amounts owed to group undertakings and other participating interests

96,443

94,383

Taxes and social security

25,192

63,031

Loans from directors

27,979

-

 

 

 

 

192,168

157,414

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:

 

 

1 Ordinary shares of £1 each

1

1

 

9     Pension commitments

 

The Company operates two defined contribution pension schemes for its employees. The assets of the scheme are held separately from those of the Company in independently administered fund. During the year the Company processed contributions of £27,321 (2024: £38,909)

 

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.

 

Bachmann HR Marine Limited charge management fees to the Company. The amount paid during the year was £19,993 (2024: £12,000). At the year end there was an amount due to Bachmann HR Marine Limited of £96,443 (2024: £94,381).

 

11     Controlling party

 

The immediate controlling party is BachmannHR Group Limited, a company incorporated in Guernsey. The ultimate controlling party is N D Saul.

 

12     Average number of employees

 

During the year the average number of employees was 14 (2024: 14).