Company Registration Number: 07891943 (England and Wales)

 

 

 

 

 

 

 

BACHMANN PORT SERVICES LIMITED

 

 

 

Annual Report and Unaudited Financial Statements

for the year ended

31 March 2026

BACHMANN PORT SERVICES LIMITED

 

FOR THE YEAR ENDED 31 MARCH 2026

 

 

Page

 

 

CONTENTS

 

 

 

Company Information

3

 

 

Directors' Report

4

 

 

Statement of Income and Retained Earnings

6

 

 

Statement of Financial Position

7

 

 

Notes to the Financial Statements

8

 

BACHMANN PORT SERVICES LIMITED

 

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2026

 

DIRECTORS

 

N D Saul

E A Powell

 

SECRETARY

 

Bachmann Secretarial Services Limited

 

COMPANY REGISTRATION NUMBER

 

07891943 (England and Wales)

 

REGISTERED OFFICE

 

10 Brighton Avenue

Burnage

Manchester

United Kingdom

M19 2JQ

 

BANKERS

 

RBS International Limited, Guernsey

 

BACHMANN PORT SERVICES LIMITED

 

DIRECTORS' REPORT

FOR THE YEAR ENDED 31 MARCH 2026

 

The Directors present their report and the unaudited financial statements of the Company for the year ended 31 March 2026.

 

Incorporation

The Company is registered in the England and Wales, registration number 07891943.

 

Principal Activity

The Company's principal activity is that of the employment and provision of seafarers and crewing services for the area around Tilbury Docks, London UK.

 

Results

The Statement of Income and Retained Earnings is set out on page 4.

 

Dividend

There were no dividends declared or paid during the year (2025: £nil).

 

Directors

The directors who served during the year and to date were:

 

N D Saul

E A Powell

 

Secretary

The secretary of the company at 31 March 2026 was Bachmann Secretarial Services Limited, who had served as company secretary throughout the year.

 

Audit Exemption

For the year ending 31 March 2026, 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 of its accounts for the year in question in accordance with section 476.

 

Going Concern

The Directors' having considered the Company's objectives and available resources along with projected income and expenditure, are satisfied that the Company has adequate resources to continue in operational existence for the foreseeable future. The Directors' received assurances from the ultimate beneficial owners 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.

BACHMANN PORT SERVICES LIMITED

 

DIRECTORS' REPORT (continued)

FOR THE YEAR ENDED 31 MARCH 2026

 

Directors' Responsibilities

The Directors are responsible for preparing the Directors' report and the financial statements in accordance with applicable law and regulations.

 

Company law requires the Directors to prepare financial statements 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 financial statements 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 financial statements, the Directors are required to:

 

-

select suitable accounting policies and apply them consistently;

-

make judgements and accounting estimates that are reasonable and prudent;

-

state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

-

prepare the financial statements 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 financial statements 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.

 

The Directors confirm that these financial statements comply with these requirements.

 

By Order of the Board

 

 

 

 

 

 

 

 

 

 

N D Saul, Director

 

E A Powell, Director

 

 

 

 

 

 

 

 

 

Date : 03/11/2026

 

 

BACHMANN PORT SERVICES LIMITED

 

STATEMENT OF INCOME AND RETAINED EARNINGS

FOR THE YEAR ENDED 31 MARCH 2026

 

 

 

2026

2025

 

Note

£

£

 

 

 

 

Turnover

 

626,712797,220

 

 

 

 

Cost of sales

13

(606,488)

(789,052)

 

 

 

 

Gross profit

 

20,2248,168

 

 

 

 

Operating costs

14

(10,325)

(7,785)

 

 

 

 

Profit on ordinary activities before taxation

 

9,899383

 

 

 

 

Tax on profit on ordinary activities

 

-

-

 

 

 

 

Profit for the financial year

 

9,899383

 

 

 

 

Retained (loss) at 1 April

 

(78,081)

(78,464)

 

 

 

 

Profit for the year

 

9,899383

 

 

 

 

Retained (loss) at 31 March

 

(68,182)

(78,081)

 

 

 

There were no recognised gains or losses for 2026 and 2025 other than those included in the Statement of Income and Retained Earnings.

 

 

 

 

 

 

The notes on pages 6 to 10 form an integral part of these financial statements.

BACHMANN PORT SERVICES LIMITED

 

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2026

 

 

 

2026

2025

 

Note

£

£

 

 

 

 

NON-CURRENT ASSETS

 

 

 

Tangible assets

5

15,52220,178

 

 

 

 

 

 

15,52220,178

 

 

 

 

CURRENT ASSETS

 

 

 

Debtors

6

18944

Cash at bank

 

19,03093,865

 

 

 

 

 

 

19,21993,909

 

 

 

 

CREDITORS: amounts falling due within one year

7

(102,923)

(192,168)

 

 

 

 

NET LIABILITIES

 

(68,181)

(78,080)

 

 

 

 

CAPITAL AND RESERVES

 

 

 

Called up share capital

8

11

Retained earnings

 

(68,182)

(78,081)

 

 

 

 

TOTAL EQUITY

 

(68,181)

(78,080)

 

The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102 Section 1A - Small Entities), the Financial Reporting Standard applicable to the UK and Republic of Ireland.

 

These financial statements were approved and authorised for issue by the Board of Directors and were signed on its behalf by:

 

 

 

 

 

 

 

 

 

 

 

 

N D Saul, Director

 

E A Powell, Director

 

 

 

The notes on pages 6 to 10 form an integral part of these financial statements.

BACHMANN PORT SERVICES LIMITED

 

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

 

1.     GENERAL 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 accounting

 

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 2026 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.

true

 

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, the 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 its group.

BACHMANN PORT SERVICES LIMITED

 

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 31 MARCH 2026

 

3.     ACCOUNTING POLICIES (continued)

 

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.

 

Pension

 

The Company contributes to three defined contribution pension schemes. All contributions payable are charged in the Statement of Income and Retained Earnings.

 

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 at bank

 

Cashis represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 

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.

 

Provisions 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 FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 31 MARCH 2026

 

3.     ACCOUNTING POLICIES (continued)

 

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 assets

 

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

Electrical equipment (straight line)

3 years

 

4.     AVERAGE NUMBER OF EMPLOYEES

 

The average monthly number of employees during the year was 15 (2025: 14)

BACHMANN PORT SERVICES LIMITED

 

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 31 MARCH 2026

 

5.     TANGIBLE ASSETS

 

 

2026

2025

 

£

£

 

 

 

At 1 April

23,68323,683

Additions

-

-

 

 

 

At 31 March

23,68323,683

 

 

 

Cost

23,68323,683

Depreciation

(8,160)

(3,504)

 

 

 

Net Book Value at 31 March

15,523

20,178

 

6.     DEBTORS

 

 

2026

2025

 

£

£

 

 

 

Other debtors

1461

Trade debtors

4343

 

 

 

 

18944

 

7.     CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

 

 

2026

2025

 

£

£

 

 

 

Amounts owed to group undertakings and other participating interests

60,67896,443

Director's loan: Nick Saul

42,24527,979

Taxation, social security and pension

-

67,746

 

 

 

 

102,923192,168

 

BACHMANN PORT SERVICES LIMITED

 

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 31 MARCH 2026

 

8.     SHARE CAPITAL

 

 

2026

2025

 

£

£

 

 

 

Allotted, called up and fully paid:

 

 

1 Ordinary shares of £1 each

11

 

9.     RELATED PARTY TRANSACTIONS

 

BachmannHR Marine Limited and MultiWage International Payroll Limited are companies within the same group structure as Bachmann Port Services Limited. N D Saul and E A Powell are both directors of these related companies.

 

Bachmann HR Marine Limited charges management fees to the Company. The amount paid during the year was £7,193 (2025: £19,993). At the year-end there was an amount due to Bachmann HR Marine Limited of £60,653 (2025: £96,442).

 

The costs of administration of Bachmann Secretarial Services Limited are borne by the Company and in consideration thereof Bachmann Secretarial Services Limited makes no charge for its services.

 

10.     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 an independently administered fund. During the year the Company processed contributions of £18,290 (2025: £27,321).

 

11.     POST BALANCE SHEET EVENTS

 

There have been no significant subsequent events.

 

12.     CONTROLLING PARTY

 

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

BACHMANN PORT SERVICES LIMITED

 

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 31 MARCH 2026

 

13.     COST OF SALES

 

 

2026

2025

 

£

£

 

 

 

Management fees

59,517

19,993

NIC - employers

63,336

73,837

Pension cost - employers

18,290

27,321

Salaries

465,345

667,901

 

 

 

 

606,488789,052

 

14.     ADMINISTRATIVE EXPENSES

 

 

2026

2025

 

£

£

 

 

 

Bank charges paid

748791

Depreciation - electrical equipment

4,6563,104

Disbursements cost

3,238

-

Legal and professional cost

269246

PI & D&O Insurance

-

1,111

Travel & sundry expenses

1,4142,532

 

 

 

 

10,3257,785