Batchelor Brothers Limited - Accounts to registrar - small 17.1

REGISTERED NUMBER: 01577351 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2017

for

Batchelor Brothers Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R Batchelor

SECRETARY:

Mrs J I Malem

REGISTERED OFFICE:

7 Clarendon Place

King Street

Maidstone

Kent

ME14 1BQ

REGISTERED NUMBER:

01577351 (England and Wales)

ACCOUNTANTS:

Berry & Co

7 Clarendon Place

King Street

Maidstone

Kent

ME14 1BQ

FIXED ASSETS

Tangible assets

4

484,464

484,124

CURRENT ASSETS

Cash at bank

51,353

93,626

CREDITORS

Amounts falling due within one year

5

35,678

84,855

NET CURRENT ASSETS

15,675

8,771

TOTAL ASSETS LESS CURRENT LIABILITIES

500,139

492,895

CREDITORS

Amounts falling due after more than one year

6

101,217

101,493

NET ASSETS

398,922

391,402

CAPITAL AND RESERVES

Called up share capital

2

2

Revaluation reserve

7

191,271

191,271

Retained earnings

207,649

200,129

SHAREHOLDERS' FUNDS

398,922

391,402

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 18 December 2017 and were signed by:

R Batchelor - Director

1.	STATUTORY INFORMATION

Batchelor Brothers 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

Freehold property

-

not provided

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 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 1 .

4.	TANGIBLE FIXED ASSETS

Freehold

Computer

property

equipment

Totals

£

£

£

COST

At 1 April 2016

483,588

1,167

484,755

Additions

-

778

778

At 31 March 2017

483,588

1,945

485,533

DEPRECIATION

At 1 April 2016

-

631

631

Charge for year

-

438

438

At 31 March 2017

-

1,069

1,069

NET BOOK VALUE

At 31 March 2017

483,588

876

484,464

At 31 March 2016

483,588

536

484,124

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

-

(1

)

Taxation and social security

1,795

2,338

Other creditors

33,883

82,518

35,678

84,855

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2016

£

£

Bank loans

101,217

101,493

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

73,318

73,594

7.

RESERVES

Revaluation

reserve

£

At 1 April 2016

and 31 March 2017

191,271

8.	RELATED PARTY DISCLOSURES