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REGISTERED NUMBER: 02697145 (England and Wales)













BARTLETT ENGINEERING (SOUTH WALES)
LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024






BARTLETT ENGINEERING (SOUTH WALES)
LIMITED (REGISTERED NUMBER: 02697145)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BARTLETT ENGINEERING (SOUTH WALES)
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: M C R Bartlett
M R Jones





SECRETARY: M C R Bartlett





REGISTERED OFFICE: Unit 7 Aberafon Road
Baglan Industrial Park
Port Talbot
West Glamorgan
SA12 7DJ





REGISTERED NUMBER: 02697145 (England and Wales)





ACCOUNTANTS: Carr, Jenkins & Hood
3 New Mill Court
Enterprise Park
Swansea
SA7 9FG

BARTLETT ENGINEERING (SOUTH WALES)
LIMITED (REGISTERED NUMBER: 02697145)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 651,042 682,916

CURRENT ASSETS
Stocks 66,725 71,775
Debtors 5 2,224,634 1,469,873
Cash at bank and in hand 879,731 478,072
3,171,090 2,019,720
CREDITORS
Amounts falling due within one year 6 2,481,703 1,278,778
NET CURRENT ASSETS 689,387 740,942
TOTAL ASSETS LESS CURRENT LIABILITIES 1,340,429 1,423,858

CREDITORS
Amounts falling due after more than one
year

7

(56,935

)

(41,769

)

PROVISIONS FOR LIABILITIES (150,567 ) (156,311 )
NET ASSETS 1,132,927 1,225,778

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Share premium 14,000 14,000
Capital redemption reserve 500 500
Retained earnings 1,108,427 1,201,278
1,132,927 1,225,778

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

BARTLETT ENGINEERING (SOUTH WALES)
LIMITED (REGISTERED NUMBER: 02697145)

BALANCE SHEET - continued
30 APRIL 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 January 2025 and were signed on its behalf by:





M R Jones - Director


BARTLETT ENGINEERING (SOUTH WALES)
LIMITED (REGISTERED NUMBER: 02697145)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Bartlett Engineering (South Wales) 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
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.

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.
Plant and machinery - 10% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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 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.

BARTLETT ENGINEERING (SOUTH WALES)
LIMITED (REGISTERED NUMBER: 02697145)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


2. ACCOUNTING POLICIES - continued

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.

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 NIL (2023 - 39 ).

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 May 2023 2,093,669 36,538 38,098 2,168,305
Additions 82,284 129 15,995 98,408
At 30 April 2024 2,175,953 36,667 54,093 2,266,713
DEPRECIATION
At 1 May 2023 1,439,517 29,418 16,454 1,485,389
Charge for year 122,897 1,975 5,410 130,282
At 30 April 2024 1,562,414 31,393 21,864 1,615,671
NET BOOK VALUE
At 30 April 2024 613,539 5,274 32,229 651,042
At 30 April 2023 654,152 7,120 21,644 682,916

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,215,413 1,453,868
Other debtors 9,221 16,005
2,224,634 1,469,873

BARTLETT ENGINEERING (SOUTH WALES)
LIMITED (REGISTERED NUMBER: 02697145)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 49,239 127,850
Trade creditors 581,276 555,854
Amounts owed to group undertakings 1,401,849 225,736
Taxation and social security 309,934 195,630
Other creditors 139,405 173,708
2,481,703 1,278,778

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 56,935 41,769