Bateman & Lynch Cars Tavistock Ltd

Bateman & Lynch Cars Tavistock Ltd
Statement of Financial Position
As at 31 January 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	49,727	50,953
		49,727	50,953
Current assets
Stocks	4	440,255	473,645
Debtors	5	40,768	114,351
Cash at bank and in hand		166,318	49,644
		647,341	637,640
Creditors: amount falling due within one year	6	(423,210)	(436,175)
Net current assets		224,131	201,465

Total assets less current liabilities		273,858	252,418
Net assets		273,858	252,418

Capital and reserves
Called up share capital		3	3
Profit and loss account		273,855	252,415
Shareholders' funds		273,858	252,418

For the year ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 18 August 2025 and were signed on its behalf by:

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Mr S Bruty
Director

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Mr J Lynch
Director

Bateman & Lynch Cars Tavistock Ltd
Notes to the Financial Statements
For the year ended 31 January 2025

General Information

Bateman & Lynch Cars Tavistock Ltd is a private company, limited by shares, registered in England and Wales, registration number 13165615, registration address C3 Apollo Court, Neptune Park, Plymouth, Devon, PL4 0SJ.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

2.	Average number of employees Average number of employees during the year was 3 (2024 : 3).

Tangible fixed assets

Cost or valuation	Land and Buildings	Fixtures and Fittings	Total
	£	£	£
At 01 February 2024	44,933	13,758	58,691
Additions	-	373	373
Disposals	-	-	-
At 31 January 2025	44,933	14,131	59,064
Depreciation
At 01 February 2024	-	7,738	7,738
Charge for year	-	1,599	1,599
On disposals	-	-	-
At 31 January 2025	-	9,337	9,337
Net book values
Closing balance as at 31 January 2025	44,933	4,794	49,727
Opening balance as at 01 February 2024	44,933	6,020	50,953

Stocks

	2025 £		2024 £
Stocks	440,255		473,645
	440,255		473,645

Debtors: amounts falling due within one year

	2025 £		2024 £
Trade Debtors	40,768		114,351
	40,768		114,351

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	24,012	20,927
Taxation and Social Security	70,936	95,139
Other Creditors	328,262	320,109
	423,210	436,175

Registered Number: 13165615
England and Wales
BATEMAN & LYNCH CARS TAVISTOCK LTD

Unaudited Financial Statements

Period of accounts Start date: 01 February 2024 End date: 31 January 2025