REGISTERED NUMBER: 03446672 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st December 2024

for

BACH VENTURES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G.M. Neil

SECRETARY:

Mrs K.E. Neil

REGISTERED OFFICE:

Pentre Bach

Waunfawr

Caernarfon

Gwynedd

LL54 7AJ

REGISTERED NUMBER:

03446672 (England and Wales)

ACCOUNTANTS:

A.Hughes-Jones, Dyson & Co.

Capel Moreia

South Penrallt

Caernarfon

Gwynedd

LL55 1NS

FIXED ASSETS

Tangible assets

4

28,742

26,769

CURRENT ASSETS

Cash at bank and in hand

12,849

26,802

CREDITORS

Amounts falling due within one year

5

16,763

14,790

NET CURRENT (LIABILITIES)/ASSETS

(3,914

)

12,012

TOTAL ASSETS LESS CURRENT LIABILITIES

24,828

38,781

CREDITORS

Amounts falling due after more than one year

6

5,026

5,026

NET ASSETS

19,802

33,755

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

19,800

33,753

SHAREHOLDERS' FUNDS

19,802

33,755

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

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 director and authorised for issue on 26th September 2025 and were signed by:

G.M. Neil - Director

1.	STATUTORY INFORMATION

BACH VENTURES 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.

Land and buildings

-

4% on reducing balance

Plant and machinery etc

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st January 2024

30,444

63,591

94,035

Additions

-

5,236

5,236

At 31st December 2024

30,444

68,827

99,271

DEPRECIATION

At 1st January 2024

15,752

51,514

67,266

Charge for year

588

2,675

3,263

At 31st December 2024

16,340

54,189

70,529

NET BOOK VALUE

At 31st December 2024

14,104

14,638

28,742

At 31st December 2023

14,692

12,077

26,769

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Trade creditors

1

(1

)

Taxation and social security

379

117

Other creditors

16,383

14,674

16,763

14,790

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/24

31/12/23

£

£

Other creditors

5,026

5,026