BCS RENDER SYSTEMS LIMITED

Company Registration Number:
09055909 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

BCS RENDER SYSTEMS LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2023

Balance sheet
Notes

BCS RENDER SYSTEMS LIMITED

Balance sheet

As at 31 May 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 532,339 26,014
Total fixed assets: 532,339 26,014
Current assets
Stocks: 137,000 115,000
Debtors:   63,767 70,482
Cash at bank and in hand: 108,600 289,005
Total current assets: 309,367 474,487
Creditors: amounts falling due within one year: 4 (156,963) (177,708)
Net current assets (liabilities): 152,404 296,779
Total assets less current liabilities: 684,743 322,793
Creditors: amounts falling due after more than one year: 5 (294,000)
Total net assets (liabilities): 390,743 322,793
Capital and reserves
Called up share capital: 300 300
Profit and loss account: 390,443 322,493
Shareholders funds: 390,743 322,793

The notes form part of these financial statements

BCS RENDER SYSTEMS LIMITED

Balance sheet statements

For the year ending 31 May 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 January 2024
and signed on behalf of the board by:

Name: Daniel Carter
Status: Director

The notes form part of these financial statements

BCS RENDER SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:Motor Vehicles – 20% on wdvPlant & Equipment – 15% on wdvIf there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

BCS RENDER SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

2. Employees

2023 2022
Average number of employees during the period 6 4

BCS RENDER SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Tangible Assets

Total
Cost £
At 01 June 2022 49,390
Additions 490,494
Revaluations 33,232
At 31 May 2023 573,116
Depreciation
At 01 June 2022 23,376
Charge for year 17,401
At 31 May 2023 40,777
Net book value
At 31 May 2023 532,339
At 31 May 2022 26,014

BCS RENDER SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Creditors: amounts falling due within one year note

Trade Creditors £80756Corporation Tax £16754Social Security and other taxes £7304Other Creditors £52149TOTAL £156963

BCS RENDER SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Creditors: amounts falling due after more than one year note

Bank Loan and Overdrafts £294000