IRIS Accounts Production v22.2.0.402 01673930 Board of Directors 1.5.21 30.4.22 30.4.22 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure016739302021-04-30016739302022-04-30016739302021-05-012022-04-30016739302020-04-30016739302020-05-012021-04-30016739302021-04-3001673930ns16:EnglandWales2021-05-012022-04-3001673930ns15:PoundSterling2021-05-012022-04-3001673930ns11:Director12021-05-012022-04-3001673930ns11:PrivateLimitedCompanyLtd2021-05-012022-04-3001673930ns11:SmallEntities2021-05-012022-04-3001673930ns11:AuditExempt-NoAccountantsReport2021-05-012022-04-3001673930ns11:SmallCompaniesRegimeForDirectorsReport2021-05-012022-04-3001673930ns11:SmallCompaniesRegimeForAccounts2021-05-012022-04-3001673930ns11:FullAccounts2021-05-012022-04-3001673930ns11:Director22021-05-012022-04-3001673930ns11:RegisteredOffice2021-05-012022-04-3001673930ns6:CurrentFinancialInstruments2022-04-3001673930ns6:CurrentFinancialInstruments2021-04-3001673930ns6:ShareCapital2022-04-3001673930ns6:ShareCapital2021-04-3001673930ns6:RetainedEarningsAccumulatedLosses2022-04-3001673930ns6:RetainedEarningsAccumulatedLosses2021-04-3001673930ns6:LandBuildings2021-04-3001673930ns6:PlantMachinery2021-04-3001673930ns6:LandBuildings2021-05-012022-04-3001673930ns6:PlantMachinery2021-05-012022-04-3001673930ns6:LandBuildings2022-04-3001673930ns6:PlantMachinery2022-04-3001673930ns6:LandBuildings2021-04-3001673930ns6:PlantMachinery2021-04-3001673930ns6:WithinOneYearns6:CurrentFinancialInstruments2022-04-3001673930ns6:WithinOneYearns6:CurrentFinancialInstruments2021-04-3001673930ns6:WithinOneYear2022-04-3001673930ns6:WithinOneYear2021-04-3001673930ns6:BetweenOneFiveYears2022-04-3001673930ns6:BetweenOneFiveYears2021-04-3001673930ns6:AllPeriods2022-04-3001673930ns6:AllPeriods2021-04-30
REGISTERED NUMBER: 01673930 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022

FOR

B.J. INDUSTRIES LIMITED

B.J. INDUSTRIES LIMITED (REGISTERED NUMBER: 01673930)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


B.J. INDUSTRIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2022







DIRECTORS: J A Barclay
M M Barclay





SECRETARY: M M Barclay





REGISTERED OFFICE: Claylands Avenue
Dukeries Industrial Estate
Worksop
Nottinghamshire
S81 7DJ





REGISTERED NUMBER: 01673930 (England and Wales)





ACCOUNTANTS: Marriott Gibbs Rees Wallis Limited
Chartered Certified Accountants
First Floor
Unit 4, Broadfield Court
Sheffield
South Yorkshire
S8 0XF

B.J. INDUSTRIES LIMITED (REGISTERED NUMBER: 01673930)

BALANCE SHEET
30 APRIL 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 285,428 314,663

CURRENT ASSETS
Stocks 261,837 276,963
Debtors 5 344,297 357,272
Cash at bank and in hand 1,679,411 1,540,926
2,285,545 2,175,161
CREDITORS
Amounts falling due within one year 6 183,312 260,463
NET CURRENT ASSETS 2,102,233 1,914,698
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,387,661

2,229,361

PROVISIONS FOR LIABILITIES 32,129 27,319
NET ASSETS 2,355,532 2,202,042

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,355,432 2,201,942
2,355,532 2,202,042

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 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.

B.J. INDUSTRIES LIMITED (REGISTERED NUMBER: 01673930)

BALANCE SHEET - continued
30 APRIL 2022


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 August 2022 and were signed on its behalf by:





J A Barclay - Director


B.J. INDUSTRIES LIMITED (REGISTERED NUMBER: 01673930)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022

1. STATUTORY INFORMATION

B.J. Industries 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its estimated useful economic life or, if held under a finance lease, over the lease term, whichever is the shorter.

Asset classDepreciation method and rate
Freehold propertyFreehold land is not depreciated. Buildings are depreciated straight line over
fifty years.
Plant and machinery15% Reducing balance.
Fixtures, fittings and
equipment
Straight line over three years on computer equipment and 15% reducing
balance on other items.
Motor vehicles25% Reducing balance.

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 Profit and Loss Account, 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.

B.J. INDUSTRIES LIMITED (REGISTERED NUMBER: 01673930)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2022

2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 10 (2021 - 12 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2021 226,500 591,905 818,405
Additions - 11,979 11,979
Disposals - (89,046 ) (89,046 )
At 30 April 2022 226,500 514,838 741,338
DEPRECIATION
At 1 May 2021 63,685 440,057 503,742
Charge for year 2,405 33,450 35,855
Eliminated on disposal - (83,687 ) (83,687 )
At 30 April 2022 66,090 389,820 455,910
NET BOOK VALUE
At 30 April 2022 160,410 125,018 285,428
At 30 April 2021 162,815 151,848 314,663

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 288,904 345,001
Other debtors 55,393 12,271
344,297 357,272

B.J. INDUSTRIES LIMITED (REGISTERED NUMBER: 01673930)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2022

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 118,016 203,688
Taxation and social security 63,020 52,648
Other creditors 2,276 4,127
183,312 260,463

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2022 2021
£    £   
Within one year 3,354 3,354
Between one and five years 1,202 4,556
4,556 7,910