IRIS Accounts Production v24.1.0.578 08912876 Board of Directors 1.3.23 29.2.24 29.2.24 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 Ordinary D 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh089128762023-02-28089128762024-02-29089128762023-03-012024-02-29089128762022-02-28089128762022-03-012023-02-28089128762023-02-2808912876ns15:EnglandWales2023-03-012024-02-2908912876ns14:PoundSterling2023-03-012024-02-2908912876ns10:Director12023-03-012024-02-2908912876ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2908912876ns10:SmallEntities2023-03-012024-02-2908912876ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2908912876ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2908912876ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2908912876ns10:FullAccounts2023-03-012024-02-2908912876ns10:OrdinaryShareClass12023-03-012024-02-2908912876ns10:OrdinaryShareClass22023-03-012024-02-2908912876ns10:OrdinaryShareClass32023-03-012024-02-2908912876ns10:OrdinaryShareClass42023-03-012024-02-2908912876ns10:Director22023-03-012024-02-2908912876ns10:Director32023-03-012024-02-2908912876ns10:RegisteredOffice2023-03-012024-02-2908912876ns5:CurrentFinancialInstruments2024-02-2908912876ns5:CurrentFinancialInstruments2023-02-2808912876ns5:Non-currentFinancialInstruments2024-02-2908912876ns5:Non-currentFinancialInstruments2023-02-2808912876ns5:ShareCapital2024-02-2908912876ns5:ShareCapital2023-02-2808912876ns5:RetainedEarningsAccumulatedLosses2024-02-2908912876ns5:RetainedEarningsAccumulatedLosses2023-02-2808912876ns5:LeaseholdImprovements2023-03-012024-02-2908912876ns5:PlantMachinery2023-03-012024-02-2908912876ns5:MotorVehicles2023-03-012024-02-2908912876ns5:LeaseholdImprovements2023-02-2808912876ns5:PlantMachinery2023-02-2808912876ns5:MotorVehicles2023-02-2808912876ns5:LeaseholdImprovements2024-02-2908912876ns5:PlantMachinery2024-02-2908912876ns5:MotorVehicles2024-02-2908912876ns5:LeaseholdImprovements2023-02-2808912876ns5:PlantMachinery2023-02-2808912876ns5:MotorVehicles2023-02-2808912876ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-02-2908912876ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2808912876ns10:OrdinaryShareClass12024-02-2908912876ns10:OrdinaryShareClass22024-02-2908912876ns10:OrdinaryShareClass32024-02-2908912876ns10:OrdinaryShareClass42024-02-2908912876ns10:Director332023-02-2808912876ns10:Director332022-02-2808912876ns10:Director332023-03-012024-02-2908912876ns10:Director332022-03-012023-02-2808912876ns10:Director332024-02-2908912876ns10:Director332023-02-28
REGISTERED NUMBER: 08912876 (England and Wales)















B C Technical Services Ltd

Unaudited Financial Statements for the Year Ended 29 February 2024






B C Technical Services Ltd (Registered number: 08912876)






Contents of the Financial Statements
for the year ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


B C Technical Services Ltd

Company Information
for the year ended 29 February 2024







DIRECTORS: A M Davidge
H J Davidge
B J Davidge





REGISTERED OFFICE: One New Street
Wells
Somerset
BA5 2LA





REGISTERED NUMBER: 08912876 (England and Wales)





ACCOUNTANTS: Webb & Co Ltd
Accountants and Business Advisers
One New Street
Wells
Somerset
BA5 2LA

B C Technical Services Ltd (Registered number: 08912876)

Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 106,828 61,536

CURRENT ASSETS
Stocks 24,033 30,933
Debtors 4 176,683 279,865
Cash at bank 236,644 64,888
437,360 375,686
CREDITORS
Amounts falling due within one year 5 213,739 222,268
NET CURRENT ASSETS 223,621 153,418
TOTAL ASSETS LESS CURRENT
LIABILITIES

330,449

214,954

CREDITORS
Amounts falling due after more than one
year

6

(76,317

)

(39,053

)

PROVISIONS FOR LIABILITIES (11,705 ) (9,932 )
NET ASSETS 242,427 165,969

CAPITAL AND RESERVES
Called up share capital 8 20 20
Retained earnings 242,407 165,949
SHAREHOLDERS' FUNDS 242,427 165,969

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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 C Technical Services Ltd (Registered number: 08912876)

Balance Sheet - continued
29 February 2024


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 17 June 2024 and were signed on its behalf by:





A M Davidge - Director


B C Technical Services Ltd (Registered number: 08912876)

Notes to the Financial Statements
for the year ended 29 February 2024

1. 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.

First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A
These financial statements for the year ended 29 February 2024 are the first that are prepared in accordance with FRS 102 Section 1A. The previous financial statements were prepared in accordance with FRS 105, the date of transition to FRS 102 Section 1A is 1 March 2022.

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.
Improvements to property - 10% on cost
Plant and machinery - 10% on cost
Motor vehicles - 25% on cost

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

B C Technical Services Ltd (Registered number: 08912876)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

1. ACCOUNTING POLICIES - continued

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 9 ) .

3. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 March 2023 13,233 44,395 42,984 100,612
Additions - 6,440 73,599 80,039
At 29 February 2024 13,233 50,835 116,583 180,651
DEPRECIATION
At 1 March 2023 3,970 19,524 15,582 39,076
Charge for year 1,323 5,084 28,340 34,747
At 29 February 2024 5,293 24,608 43,922 73,823
NET BOOK VALUE
At 29 February 2024 7,940 26,227 72,661 106,828
At 28 February 2023 9,263 24,871 27,402 61,536

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 152,091 269,638
Other debtors 24,592 10,227
176,683 279,865

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 14,864 14,864
Hire purchase contracts 5,879 -
Trade creditors 62,250 97,277
Taxation and social security 91,723 68,740
Other creditors 39,023 41,387
213,739 222,268

B C Technical Services Ltd (Registered number: 08912876)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 24,609 39,053
Hire purchase contracts 51,708 -
76,317 39,053

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 57,587 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
9 Ordinary A £1 9 9
9 Ordinary B £1 9 9
1 Ordinary C £1 1 1
1 Ordinary D £1 1 1
20 20

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£    £   
B J Davidge
Balance outstanding at start of year - -
Amounts advanced 1,022 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,022 -

10. FIRST YEAR ADOPTION

Deferred taxation

FRS102 requires deferred tax to be accounted for on all timing difference including revaluation of assets. At 01 March 2022 deferred taxation has been recognised of £5,532 and further priovision at 28 February 2023 of £4,400 totalling £9,932 at 28 February 2023.