Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-3132023-06-01false2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10216412 2023-06-01 2024-05-31 10216412 2022-06-01 2023-05-31 10216412 2024-05-31 10216412 2023-05-31 10216412 1 2023-06-01 2024-05-31 10216412 d:Director1 2023-06-01 2024-05-31 10216412 d:Director2 2023-06-01 2024-05-31 10216412 d:RegisteredOffice 2023-06-01 2024-05-31 10216412 d:Agent1 2023-06-01 2024-05-31 10216412 c:CurrentFinancialInstruments 2024-05-31 10216412 c:CurrentFinancialInstruments 2023-05-31 10216412 c:CurrentFinancialInstruments c:WithinOneYear 2024-05-31 10216412 c:CurrentFinancialInstruments c:WithinOneYear 2023-05-31 10216412 c:ShareCapital 2024-05-31 10216412 c:ShareCapital 2023-05-31 10216412 c:RetainedEarningsAccumulatedLosses 2024-05-31 10216412 c:RetainedEarningsAccumulatedLosses 2023-05-31 10216412 d:FRS102 2023-06-01 2024-05-31 10216412 d:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10216412 d:FullAccounts 2023-06-01 2024-05-31 10216412 d:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10216412 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure



Company Registration No. 10216412 (England and Wales)







BEDFORD PRECAST LIMITED

UNAUDITED
FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 MAY 2024




































Riordan O'Sullivan & Co
Chartered Certified Accountants
40 Chamberlayne Road
London
NW10 3JE

 
BEDFORD PRECAST LIMITED
 
 
COMPANY INFORMATION


Directors
M L Masterson 
C M Mitchell 




Registered number
10216412



Registered office
Mitchellson House
Horton Trading Estate

Stanwell Road

Horton

Slough

SL3 9PF




Accountants
Riordan O'Sullivan & Co
Chartered Certified Accountants

40 Chamberlayne Road

London

NW10 3JE




Bankers
Santander UK Plc
First floor

Santander house

100 Ludgate Hill

London

EC4M 7RE





 
BEDFORD PRECAST LIMITED
 

CONTENTS



Page
Balance Sheet
 
 
1
Notes to the Financial Statements
 
 
2 - 4


 
BEDFORD PRECAST LIMITED
REGISTERED NUMBER:10216412

BALANCE SHEET
AS AT 31 MAY 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
  
47,847
25,447

Debtors
 4 
372,244
418,866

Cash at bank and in hand
  
-
5,655

  
420,091
449,968

Creditors: amounts falling due within one year
 5 
(426,487)
(442,970)

Net current (liabilities)/assets
  
 
 
(6,396)
 
 
6,998

Total assets less current liabilities
  
(6,396)
6,998

  

Net (liabilities)/assets
  
(6,396)
6,998


Capital and reserves
  

Called up share capital 
  
200
200

Profit and loss account
  
(6,596)
6,798

  
(6,396)
6,998


The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 13 February 2025.



___________________________
M L Masterson
___________________________
C M Mitchell
Director
Director

Page 1

 
BEDFORD PRECAST LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Bedford Precast Limited is a private company limited by shares incorporated in England and Wales. The registered office is Mitchellson House, Stanwell Road, Horton, Slough, Berkshire, SL3 9PF.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.6

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the company in independently administered funds.

 
2.7

Stocks

Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. 

Page 2

 
BEDFORD PRECAST LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

3.


Employees

2024
2023
£
£

Wages and salaries
-
93,650

Cost of defined contribution scheme
-
1,988

-
95,638


The average monthly number of employees, including directors, during the year was 2 (2023 - 3).


4.


Debtors

2024
2023
£
£


Amounts owed by related undertakings
225,594
413,904

Other debtors
239
4,962

Amounts recoverable on long-term contracts
146,411
-

372,244
418,866


Amounts owed by related undertakings are unsecured, interest free and payable on demand.


5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
5,497
-

Trade creditors
1,450
4,839

Amounts owed to related undertakings
416,582
416,582

Other taxation and social security
94
18,414

Accruals and deferred income
2,864
3,135

426,487
442,970


Amouts owed to related undertakings are unsecured, interest free and repayable on demand.


6.


Pension commitments

The company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the company  in an independently administered fund. The pension cost charge represents contributions payable by the company  to the fund and amounted to £Nil (2023 - £1,988). Contributions totalling £Nil (2023 - £135) were payable to the fund at the balance sheet date and are included in creditors.

Page 3

 
BEDFORD PRECAST LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

7.


Related party transactions

The company is related to Mitchellson Framework & Civil Engineering Limited and Mitchellson Plant Hire Limited by virtue of being under common control of C M Mitchell and M L Masterson.
During the year the company entered into the following transactions with related parties:
Hire of plant and equipment £Nil (2023: £10,315).
Sale of construction materials £Nil (2023: £276,504).


8.


Post balance sheet events

There were no events since the year end which materially affected the company.


9.


Controlling party

By virtue of their shareholdings M L Masterson and C M Mitchell are the ultimate controllers of the company.

 
Page 4