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REGISTERED NUMBER: 06463236 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

B F Ground Maintenance Limited

B F Ground Maintenance Limited (Registered number: 06463236)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

B F Ground Maintenance Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: B P Faulkner





SECRETARY: Mrs C A Faulkner





REGISTERED OFFICE: 2 High Street
Burnham on Crouch
Essex
CM0 8AA





REGISTERED NUMBER: 06463236 (England and Wales)





ACCOUNTANTS: Harvey Smith & Co DVQ Limited
A Xeinadin Company
2 High Street
Burnham on Crouch
Essex
CM0 8AA

B F Ground Maintenance Limited (Registered number: 06463236)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 785,576 550,729

CURRENT ASSETS
Stocks 5,000 5,000
Debtors 5 103,756 139,577
Cash at bank 151,138 61,192
259,894 205,769
CREDITORS
Amounts falling due within one year 6 349,219 282,458
NET CURRENT LIABILITIES (89,325 ) (76,689 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

696,251

474,040

CREDITORS
Amounts falling due after more than one
year

7

181,341

112,125
NET ASSETS 514,910 361,915

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 514,908 361,913
SHAREHOLDERS' FUNDS 514,910 361,915

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

B F Ground Maintenance Limited (Registered number: 06463236)

Balance Sheet - continued
31 December 2023


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 director and authorised for issue on 21 March 2024 and were signed by:





B P Faulkner - Director


B F Ground Maintenance Limited (Registered number: 06463236)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

B F Ground Maintenance 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

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 the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 15% on cost

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 6 (2022 - 5 ) .

B F Ground Maintenance Limited (Registered number: 06463236)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 1,026,387
Additions 448,548
Disposals (169,371 )
At 31 December 2023 1,305,564
DEPRECIATION
At 1 January 2023 475,658
Charge for year 148,442
Eliminated on disposal (104,112 )
At 31 December 2023 519,988
NET BOOK VALUE
At 31 December 2023 785,576
At 31 December 2022 550,729

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 January 2023 489,845
Additions 247,690
Disposals (41,500 )
Transfer to ownership (104,250 )
At 31 December 2023 591,785
DEPRECIATION
At 1 January 2023 146,224
Charge for year 91,256
Eliminated on disposal (24,661 )
Transfer to ownership (81,106 )
At 31 December 2023 131,713
NET BOOK VALUE
At 31 December 2023 460,072
At 31 December 2022 343,621

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 103,756 139,577

B F Ground Maintenance Limited (Registered number: 06463236)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 67,189 49,866
Trade creditors 157,564 111,803
Taxation and social security 45,431 45,527
Other creditors 69,035 65,262
349,219 282,458

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 15,000 25,000
Hire purchase contracts 166,341 87,125
181,341 112,125

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £60,000 (2022 - £60,000) were paid to the director .

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is B P Faulkner.

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
B F Ground Maintenance Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of B F Ground Maintenance Limited for the year ended 31 December 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of B F Ground Maintenance Limited in accordance with the terms of our engagement letter dated 20 April 2011. Our work has been undertaken solely to prepare for your approval the financial statements of B F Ground Maintenance Limited and state those matters that we have agreed to state to the director of B F Ground Maintenance Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that B F Ground Maintenance Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of B F Ground Maintenance Limited. You consider that B F Ground Maintenance Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of B F Ground Maintenance Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Harvey Smith & Co DVQ Limited
A Xeinadin Company
2 High Street
Burnham on Crouch
Essex
CM0 8AA


21 March 2024