2022-03-012023-02-282023-02-28false12459341BC-R FORMWORK LTD2023-11-08iso4217:GBPxbrli:pure124593412022-03-01124593412023-02-28124593412022-03-012023-02-28124593412021-03-01124593412022-02-28124593412021-03-012022-02-2812459341bus:SmallEntities2022-03-012023-02-2812459341bus:AuditExempt-NoAccountantsReport2022-03-012023-02-2812459341bus:FullAccounts2022-03-012023-02-2812459341bus:PrivateLimitedCompanyLtd2022-03-012023-02-2812459341core:WithinOneYear2023-02-2812459341core:AfterOneYear2023-02-2812459341core:WithinOneYear2022-02-2812459341core:AfterOneYear2022-02-2812459341core:ShareCapital2023-02-2812459341core:SharePremium2023-02-2812459341core:RevaluationReserve2023-02-2812459341core:OtherReservesSubtotal2023-02-2812459341core:RetainedEarningsAccumulatedLosses2023-02-2812459341core:ShareCapital2022-02-2812459341core:SharePremium2022-02-2812459341core:RevaluationReserve2022-02-2812459341core:OtherReservesSubtotal2022-02-2812459341core:RetainedEarningsAccumulatedLosses2022-02-2812459341core:LandBuildings2023-02-2812459341core:PlantMachinery2023-02-2812459341core:Vehicles2023-02-2812459341core:FurnitureFittings2023-02-2812459341core:OfficeEquipment2023-02-2812459341core:NetGoodwill2023-02-2812459341core:IntangibleAssetsOtherThanGoodwill2023-02-2812459341core:ListedExchangeTraded2023-02-2812459341core:UnlistedNon-exchangeTraded2023-02-2812459341core:LandBuildings2022-02-2812459341core:PlantMachinery2022-02-2812459341core:Vehicles2022-02-2812459341core:FurnitureFittings2022-02-2812459341core:OfficeEquipment2022-02-2812459341core:NetGoodwill2022-02-2812459341core:IntangibleAssetsOtherThanGoodwill2022-02-2812459341core:ListedExchangeTraded2022-02-2812459341core:UnlistedNon-exchangeTraded2022-02-2812459341core:LandBuildings2022-03-012023-02-2812459341core:PlantMachinery2022-03-012023-02-2812459341core:Vehicles2022-03-012023-02-2812459341core:FurnitureFittings2022-03-012023-02-2812459341core:OfficeEquipment2022-03-012023-02-2812459341core:NetGoodwill2022-03-012023-02-2812459341core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2812459341core:ListedExchangeTraded2022-03-012023-02-2812459341core:UnlistedNon-exchangeTraded2022-03-012023-02-2812459341core:MoreThanFiveYears2022-03-012023-02-2812459341core:Non-currentFinancialInstruments2023-02-2812459341core:Non-currentFinancialInstruments2022-02-2812459341dpl:CostSales2022-03-012023-02-2812459341dpl:DistributionCosts2022-03-012023-02-2812459341core:LandBuildings2022-03-012023-02-2812459341core:PlantMachinery2022-03-012023-02-2812459341core:Vehicles2022-03-012023-02-2812459341core:FurnitureFittings2022-03-012023-02-2812459341core:OfficeEquipment2022-03-012023-02-2812459341dpl:AdministrativeExpenses2022-03-012023-02-2812459341core:NetGoodwill2022-03-012023-02-2812459341core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2812459341dpl:GroupUndertakings2022-03-012023-02-2812459341dpl:ParticipatingInterests2022-03-012023-02-2812459341dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2812459341core:ListedExchangeTraded2022-03-012023-02-2812459341dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2812459341core:UnlistedNon-exchangeTraded2022-03-012023-02-2812459341dpl:CostSales2021-03-012022-02-2812459341dpl:DistributionCosts2021-03-012022-02-2812459341core:LandBuildings2021-03-012022-02-2812459341core:PlantMachinery2021-03-012022-02-2812459341core:Vehicles2021-03-012022-02-2812459341core:FurnitureFittings2021-03-012022-02-2812459341core:OfficeEquipment2021-03-012022-02-2812459341dpl:AdministrativeExpenses2021-03-012022-02-2812459341core:NetGoodwill2021-03-012022-02-2812459341core:IntangibleAssetsOtherThanGoodwill2021-03-012022-02-2812459341dpl:GroupUndertakings2021-03-012022-02-2812459341dpl:ParticipatingInterests2021-03-012022-02-2812459341dpl:GroupUndertakingscore:ListedExchangeTraded2021-03-012022-02-2812459341core:ListedExchangeTraded2021-03-012022-02-2812459341dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-03-012022-02-2812459341core:UnlistedNon-exchangeTraded2021-03-012022-02-2812459341core:NetGoodwill2023-02-2812459341core:IntangibleAssetsOtherThanGoodwill2023-02-2812459341core:LandBuildings2023-02-2812459341core:PlantMachinery2023-02-2812459341core:Vehicles2023-02-2812459341core:FurnitureFittings2023-02-2812459341core:OfficeEquipment2023-02-2812459341core:AfterOneYear2023-02-2812459341core:WithinOneYear2023-02-2812459341core:ListedExchangeTraded2023-02-2812459341core:UnlistedNon-exchangeTraded2023-02-2812459341core:ShareCapital2023-02-2812459341core:SharePremium2023-02-2812459341core:RevaluationReserve2023-02-2812459341core:OtherReservesSubtotal2023-02-2812459341core:RetainedEarningsAccumulatedLosses2023-02-2812459341core:NetGoodwill2022-02-2812459341core:IntangibleAssetsOtherThanGoodwill2022-02-2812459341core:LandBuildings2022-02-2812459341core:PlantMachinery2022-02-2812459341core:Vehicles2022-02-2812459341core:FurnitureFittings2022-02-2812459341core:OfficeEquipment2022-02-2812459341core:AfterOneYear2022-02-2812459341core:WithinOneYear2022-02-2812459341core:ListedExchange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BC-R FORMWORK LTD

Registered Number
12459341
(England and Wales)

Unaudited Financial Statements for the Year ended
28 February 2023

BC-R FORMWORK LTD
Company Information
for the year from 1 March 2022 to 28 February 2023

Director

EDWARDS, Jamie Duncan

Registered Address

Hillcrest House 143 London Road
Stockton Heath
Warrington
WA4 6LG

Registered Number

12459341 (England and Wales)
BC-R FORMWORK LTD
Balance Sheet as at
28 February 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets79101,409
9101,409
Current assets
Debtors8194,278234,783
Cash at bank and on hand105,71858,905
299,996293,688
Creditors amounts falling due within one year9(286,640)(267,913)
Net current assets (liabilities)13,35625,775
Total assets less current liabilities14,26627,184
Provisions for liabilities(172)(267)
Net assets14,09426,917
Capital and reserves
Called up share capital100100
Profit and loss account13,99426,817
Shareholders' funds14,09426,917
The financial statements were approved and authorised for issue by the Director on 8 November 2023, and are signed on its behalf by:
EDWARDS, Jamie Duncan
Director
Registered Company No. 12459341
BC-R FORMWORK LTD
Notes to the Financial Statements
for the year ended 28 February 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Principal activities
The principal activity of the Company is that of the construction industry.
4.Basis of measurement used in financial statements
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
5.Accounting policies
Functional and presentation currency policy
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Plant and machinery25-
Office Equipment-3
Stocks policy
Stocks & work in progress are valued at the lower of cost and net realisable value (less any associated costs to enable such sales to complete).
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
6.Employee information

20232022
Average number of employees during the year00
7.Property, plant and equipment

Plant & machinery

Office Equipment

Total

£££
Cost or valuation
At 01 March 221,4008792,279
At 28 February 231,4008792,279
Depreciation and impairment
At 01 March 22577293870
Charge for year206293499
At 28 February 237835861,369
Net book value
At 28 February 23617293910
At 28 February 228235861,409
8.Debtors

2023

2022

££
Trade debtors / trade receivables12,76833,280
Amounts owed by associates and joint ventures / participating interests179,875179,875
Prepayments and accrued income1,63521,628
Total194,278234,783
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
9.Creditors within one year

2023

2022

££
Trade creditors / trade payables112,38356,097
Amounts owed to related parties21,167941
Taxation and social security146,575206,213
Accrued liabilities and deferred income6,5154,662
Total286,640267,913
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.