BOLTON STEEL STRUCTURES LTD | |
UNAUDITED FINANCIAL STATEMENTS | |
FOR THE YEAR ENDED 31 AUGUST 2024 | |
Company registered number: |
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ABRIDGED STATEMENT OF FINANCIAL POSITION AT |
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Note | 2024 | 2023 | |||
£ | £ | £ | |||
FIXED ASSETS | |||||
Property, plant and equipment | |||||
CURRENT ASSETS | |||||
Inventories | |||||
Debtors | 4 | ||||
Cash at bank and in hand | |||||
CREDITORS: Amounts falling due within one year | 5 | ||||
NET CURRENT ASSETS | |||||
TOTAL ASSETS LESS CURRENT LIABILITIES | |||||
CREDITORS: Amounts falling due after more than one year | 6 | ( |
( |
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NET ASSETS | £ |
£ |
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CAPITAL AND RESERVES | |||||
Called up share capital | |||||
Other reserves | |||||
Retained earnings | |||||
SHAREHOLDERS' FUNDS | £ |
£ |
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Company registered number: |
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ABRIDGED STATEMENT OF FINANCIAL POSITION AT |
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In approving these financial statements as directors of the company we hereby confirm the following: | |||
All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 August 2024 in accordance with Section 444 (2A) of the Companies Act 2006 | |||
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered |
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The financial statements were approved and authorised for issue by the board of directors on |
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Signed on behalf of the board of directors | |||
page 2 | |
BOLTON STEEL STRUCTURES LTD | |||
NOTES TO THE ACCOUNTS | |||
FOR THE YEAR ENDED 31 AUGUST 2024 |
1. | SIGNIFICANT ACCOUNTING POLICIES | ||
1a. | Basis of accounting | |||
1b. | Revenue recognition | |||
1c. | Taxation | |||
1d. | Property, plant and equipment | ||
Plant and machinery | |||
Vehicles | |||
Fixtures and fittings | |||
Equipment |
1e. | Inventories | |||
1f. | Leased assets | |||
1g. | Employee benefits | |||
page 3 | |
BOLTON STEEL STRUCTURES LTD | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 31 AUGUST 2024 |
2. | DIRECTORS AND EMPLOYEES | ||
The average weekly number of employees during the year were as follows: | |||
2024 | 2023 | ||
No. | No. | ||
Management and administration | |||
Production and sales | |||
3. | FIXED ASSETS | ||
Property | Total | ||
plant & | |||
equipment | |||
£ | £ | ||
Cost or valuation | |||
At 1 September 2023 | 803,732 | ||
Additions | 231,962 | ||
At 31 August 2024 | 1,035,694 | ||
Provision for depreciation, | |||
amortisation and impairment | |||
At 1 September 2023 | 326,032 | ||
For the year | 115,469 | ||
At 31 August 2024 | 441,501 | ||
Net Book Value | |||
At 31 August 2024 | |||
At 31 August 2023 | |||
4. | DEBTORS | 2024 | 2023 |
£ | £ | ||
Trade debtors | |||
Social security and other taxes | |||
Other debtors | |||
£ |
£ |
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BOLTON STEEL STRUCTURES LTD | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 31 AUGUST 2024 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
2024 | 2023 | ||
£ | £ | ||
Debenture loans | (3,158) | - | |
Bank loans and overdrafts | 70,000 | 70,000 | |
Finance leases and hire purchase contracts | |||
Trade creditors | |||
Amounts owed to group undertakings | |||
Corporation tax | |||
Other taxes and social security | |||
Other creditors | |||
Accruals and deferred income | |||
£ |
£ |
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6. | CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR | ||
2024 | 2023 | ||
£ | £ | ||
Bank loans and overdrafts | |||
Finance leases and hire purchase contracts | |||
£ |
£ |
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Analysis of borrowings: | |||
Due within five years: | |||
within 1 year | |||
bank | |||
leases | |||
other | ( |
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within 1-2 years | |||
bank | |||
leases | |||
within 2-5 years | |||
bank | |||
leases | |||
£350,480 | £336,013 | ||
7. | DIVIDENDS | 2024 | 2023 |
£ | £ | ||
Ordinary dividends:- | |||
Final paid | |||
£ |
£ |
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page 5 | |
BOLTON STEEL STRUCTURES LTD | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 31 AUGUST 2024 |
8. | COMPANY INFORMATION | ||
The company is registered in England and its registered number is 08036191.The company is a private company limited by shares. Its registered office is 74 St George's Road, Bolton, Lancashire, BL1 2DD. | |||
9. | RELATED PARTY TRANSACTIONS | ||
The company is a wholly owned subsidiary of Bolton Steel Structures Holdings Limited. The registered office of Bolton Steel Structures Holdings Limited is 74 St George's Road, Bolton, Lancashire, BL1 2DD. | |||
In accordance with FRS102, Section 33 'Related Party Transactions', transactions with other group undertakings owned 100% within the group have not been disclosed in these financial statements. | |||
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