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Registered number: 01368456

David Bates Limited

ACCOUNTS

FOR THE YEAR ENDED 31/12/2024

Prepared By:

Chris Ford Limited

Chartered Accountants

16 Kithurst Park

Storrington

West Sussex

RH20 4JH

David Bates Limited

ACCOUNTS

FOR THE YEAR ENDED 31/12/2024

DIRECTORS

David Bates

Susan Bates

SECRETARY

Susan Bates

REGISTERED OFFICE

16 Kithurst Park

Storrington

West Sussex

RH20 4JH

COMPANY DETAILS

Private company limited by shares registered in EW - England and Wales, registered number 01368456

ACCOUNTANTS

Chris Ford Limited

Chartered Accountants

16 Kithurst Park

Storrington

West Sussex

RH20 4JH

David Bates Limited

ACCOUNTS
FOR THEYEARENDED31/12/2024
CONTENTS
		Page
Directors' Report		-
Accountants' Report		-
Statement Of Comprehensive Income		-
Balance Sheet		3
Notes To The Accounts		4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account		-
Profit And Loss Account Summaries		-

David Bates Limited

BALANCE SHEET AT 31/12/2024
						2024				2023
		Notes				£				£
FIXED ASSETS
Tangible assets		3				360,000				360,000
CURRENT ASSETS
Cash at bank and in hand				89,629				79,390
				89,629				79,390
CREDITORS: Amounts falling due within one year		5		46,924				42,236
NET CURRENT ASSETS						42,705				37,154
TOTAL ASSETS LESS CURRENT LIABILITIES						402,705				397,154
PROVISIONS FOR LIABILITIES AND CHARGES		6				47,509				47,509
NET ASSETS						355,196				349,645
CAPITAL AND RESERVES
Called up share capital		7				500				500
Revaluation reserve		1c,8				150,264				150,264
Profit and loss account						204,432				198,881
SHAREHOLDERS' FUNDS						355,196				349,645
For the year ending 31/12/2024 the company was entitled to exemption 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 14/08/2025 and signed on their behalf by
.............................
David Bates
Director

David Bates Limited

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31/12/2024

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Investment Properties

Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.

1c. Revaluation Reserve

Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 8).

Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account.

2. EMPLOYEES
				2024		2023
				No.		No.
Average number of employees				2		2

3. TANGIBLE FIXED ASSETS

Cost

At 31/12/2024

Depreciation

At 31/12/2024

Net Book Amounts

At 31/12/2024

David Bates Limited

4. INVESTMENT PROPERTIES
		Investment
		Properties		Total
		£		£
Fair value
At 01/01/2024		360,000		360,000
At 31/12/2024		360,000		360,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2024		2023
				£		£
UK corporation tax				1,419		406
PAYE control				10,056		5,028
Salaries and wages control				20,112		20,112
Directors current account				3,614		4,287
Directors current account				3,156		4,288
Accruals				770		750
Deferred income				7,797		7,365
				46,924		42,236

6. PROVISIONS FOR LIABILITIES				2024		2023
				£		£
Deferred taxation				47,509		47,509
				47,509		47,509

7. SHARE CAPITAL				2024		2023
				£		£
Allotted, issued and fully paid:
5 Ordinary shares of £100 each				500		500
				500		500

David Bates Limited

8. REVALUATION RESERVE				2024		2023
				£		£
Revaluation reserve				150,264		150,264
				150,264		150,264