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REGISTERED NUMBER: 08823160 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 December 2021

for

BPC Energy Limited

BPC Energy Limited (Registered number: 08823160)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BPC Energy Limited

Company Information
for the Year Ended 31 December 2021







DIRECTORS: M Henley
Mrs K L Eastoe
M C Henley





REGISTERED OFFICE: BPC House
Romsey Industrial Estate
Greatbridge Road
Romsey
Hampshire
SO51 0HR





REGISTERED NUMBER: 08823160 (England and Wales)





ACCOUNTANTS: Add-Vanced Bookkeeping Services Ltd
Apartment 3
Canal Wharf
Bacup Road
Todmorden
West Yorkshire
OL14 7PN

BPC Energy Limited (Registered number: 08823160)

Balance Sheet
31 December 2021

31.12.21 31.12.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 74,838 54,367

CURRENT ASSETS
Stocks 5 1,388,265 862,199
Debtors 6 931,556 1,065,105
Cash at bank 282,703 173,879
2,602,524 2,101,183
CREDITORS
Amounts falling due within one year 7 1,416,447 1,025,887
NET CURRENT ASSETS 1,186,077 1,075,296
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,260,915

1,129,663

CREDITORS
Amounts falling due after more than one
year

8

75,016

56,596
NET ASSETS 1,185,899 1,073,067

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,185,799 1,072,967
SHAREHOLDERS' FUNDS 1,185,899 1,073,067

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

BPC Energy Limited (Registered number: 08823160)

Balance Sheet - continued
31 December 2021


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 Board of Directors and authorised for issue on 1 September 2022 and were signed on its behalf by:





Mrs K L Eastoe - Director


BPC Energy Limited (Registered number: 08823160)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

BPC Energy 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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2020 - 23 ) .

BPC Energy Limited (Registered number: 08823160)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 January 2021 37,955 45,964 2,373
Additions 17,410 1,261 -
At 31 December 2021 55,365 47,225 2,373
DEPRECIATION
At 1 January 2021 21,151 39,858 2,373
Charge for year 8,336 4,223 -
At 31 December 2021 29,487 44,081 2,373
NET BOOK VALUE
At 31 December 2021 25,878 3,144 -
At 31 December 2020 16,804 6,106 -

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2021 77,373 60,193 223,858
Additions 39,600 2,890 61,161
At 31 December 2021 116,973 63,083 285,019
DEPRECIATION
At 1 January 2021 63,572 42,537 169,491
Charge for year 12,002 16,129 40,690
At 31 December 2021 75,574 58,666 210,181
NET BOOK VALUE
At 31 December 2021 41,399 4,417 74,838
At 31 December 2020 13,801 17,656 54,367

5. STOCKS
31.12.21 31.12.20
£    £   
Stocks 1,007,974 683,809
Invoiced Awaiting Stock 380,291 178,390
1,388,265 862,199

BPC Energy Limited (Registered number: 08823160)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Trade debtors 887,001 1,045,907
Other Debtors - 1,463
Cash Advance 1,676 1,676
K Star Rebate Scheme 7,692 7,692
VAT - 1,329
Prepayments and accrued income 35,187 7,038
931,556 1,065,105

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Bank loans and overdrafts 24,781 -
Intercompany Lift & Shift 3,657 -
Trade creditors 770,843 423,501
Intercompany - BPC Emea 97,652 78,820
Service Contract Liability 154,534 138,861
Tax (4,328 ) 15,263
Social security and other taxes 28,755 29,897
Net Wages Control 2,744 -
Pensions Payable 4,634 8,123
VAT 41,127 -
Accrued expenses 292,048 331,422
1,416,447 1,025,887

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.21 31.12.20
£    £   
Hire purchase contracts 75,016 56,596

9. RELATED PARTY DISCLOSURES

During the year, transactions took place with BPC Emea Limited, a company under common ownership of the directors.

All transactions were undertaken on normal commercial terms

At the year end BPC Emea Limited was owed £97,652.25 by BPC Energy Limited.

**********************************************************************************************

During the year, transactions took place with Lift & Shift Logistics Limited, a company under common ownership of the directors.

All transactions were undertaken on normal commercial terms

At the year end Lift & Shift Logistics Limited was owed £3,657.47 by BPC Energy Limited.