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REGISTERED NUMBER: 03990337 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

B F ENGINEERING SERVICES LIMITED

B F ENGINEERING SERVICES LIMITED (REGISTERED NUMBER: 03990337)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


B F ENGINEERING SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: Mr S Cooper





REGISTERED OFFICE: Unit 9 Palmers Road Industrial Estate
Emsworth
Hampshire
PO10 7DH





REGISTERED NUMBER: 03990337 (England and Wales)





ACCOUNTANTS: Gibson Whitter
Chartered Accountants
and Chartered Tax Advisers
Larch House
Parklands Business Park
Denmead
Hampshire
PO7 6XP

B F ENGINEERING SERVICES LIMITED (REGISTERED NUMBER: 03990337)

BALANCE SHEET
30 JUNE 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 160,504 148,013

CURRENT ASSETS
Stocks 27,000 34,000
Debtors 5 627,018 686,506
Cash at bank and in hand 237,424 108,772
891,442 829,278
CREDITORS
Amounts falling due within one year 6 378,526 366,419
NET CURRENT ASSETS 512,916 462,859
TOTAL ASSETS LESS CURRENT
LIABILITIES

673,420

610,872

CREDITORS
Amounts falling due after more than one
year

7

(153,912

)

(155,678

)

PROVISIONS FOR LIABILITIES 8 (24,554 ) (21,301 )
NET ASSETS 494,954 433,893

CAPITAL AND RESERVES
Called up share capital 200 200
Capital redemption reserve 102 102
Retained earnings 494,652 433,591
SHAREHOLDERS' FUNDS 494,954 433,893

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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 ENGINEERING SERVICES LIMITED (REGISTERED NUMBER: 03990337)

BALANCE SHEET - continued
30 JUNE 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 and authorised for issue by the director and authorised for issue on 11 February 2025 and were signed by:





Mr S Cooper - Director


B F ENGINEERING SERVICES LIMITED (REGISTERED NUMBER: 03990337)

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

1. STATUTORY INFORMATION

B F Engineering Services 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 etc - 25% on reducing balance, 25% on cost, 15% on reducing balance and 10% 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
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.

B F ENGINEERING SERVICES LIMITED (REGISTERED NUMBER: 03990337)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 14 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 302,842
Additions 70,445
Disposals (41,693 )
At 30 June 2024 331,594
DEPRECIATION
At 1 July 2023 154,829
Charge for year 53,624
Eliminated on disposal (37,363 )
At 30 June 2024 171,090
NET BOOK VALUE
At 30 June 2024 160,504
At 30 June 2023 148,013

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 368,775 411,330
Other debtors 258,243 275,176
627,018 686,506

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 42,621 28,641
Trade creditors 164,389 145,733
Taxation and social security 76,561 54,008
Other creditors 84,955 128,037
378,526 366,419

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans 17,500 27,500
Hire purchase contracts 136,412 128,178
153,912 155,678

B F ENGINEERING SERVICES LIMITED (REGISTERED NUMBER: 03990337)

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

8. PROVISIONS FOR LIABILITIES
30.6.24 30.6.23
£    £   
Deferred tax 24,554 21,301

Deferred
tax
£   
Balance at 1 July 2023 21,301
Provided during year 3,253
Balance at 30 June 2024 24,554

9. RELATED PARTY DISCLOSURES

The aggregate amount owed by the directors at the balance sheet date is £Nil (30.6.23: £Nil).

10. ULTIMATE CONTROLLING PARTY

The parent undertaking is Artorius Holdings Limited.

No individual owns a controlling interest and there is therefore no ultimate controlling party.