Batito Limited

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2—3

Registered number: 13456771

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		600,292		600,292

			600,292		600,292
CURRENT ASSETS
Debtors	5	65		-
Cash at bank and in hand		4,348		16,243

		4,413		16,243
Creditors: Amounts Falling Due Within One Year	6	(582,489 )		(593,040 )

NET CURRENT ASSETS (LIABILITIES)			(578,076 )		(576,797 )

TOTAL ASSETS LESS CURRENT LIABILITIES			22,216		23,495

NET ASSETS			22,216		23,495

CAPITAL AND RESERVES
Called up share capital	7		2		2
Income Statement			22,214		23,493

SHAREHOLDERS' FUNDS			22,216		23,495

For the year ending 30 June 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mrs M Adelaja

Director

19/08/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Batito Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13456771 . The registered office is 42 Elizabeth Court 1 Palgrave Gardens, London, NW1 6EJ.

2. Accounting Policies

2.1. Basis of Preparation of 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.

The financial statements are prepared in UK sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest UK pound.

The principle accounting policies adopted are set below.

2.2. Going Concern Disclosure

The director has considered the prospect of the business for the next twelve months and beyond and has arrived at a reasonable expectation the company will continue to meet its obligations as they fall due. The director has also pledged their financial support to assist with this if required. On this basis, the director will continue to adopt the going concern basis of accounting in preparing the financial statements.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income statement.

2.5. Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it related 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 statement of financial position date.

2.6. Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

2.7. Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

2.8. Critical Accounting Judgements and Key Sources of Estimation Uncertainty

The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in which the estimates are revised.

The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:

Accrued Expenditure

The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers. These provisions are estimated based upon the expected values of the invoices which are issued and services received following the period end.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 5)

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Batito Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

4. Investment Property

	2025
	£
Fair Value
As at 1 July 2024 and 30 June 2025	600,292

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	65	-

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	582,489	591,933
Taxation and social security	-	1,107

	582,489	593,040

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

The nominal value per share is £1 and as at 30 June 2025 there are 2 Ordinary Shares in issue.

8. Related Party Transactions

The company has received a loan from a director and shareholder of the company. At the year end the outstanding amount was £581,289. This loan is interest free and repayable on demand.

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