IRIS Accounts Production v24.3.2.46 12046516 director 1.7.23 30.6.24 30.6.24 28.3.2025 false true false false true true true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh120465162023-06-30120465162024-06-30120465162023-07-012024-06-30120465162022-06-30120465162022-07-012023-06-30120465162023-06-3012046516ns15:EnglandWales2023-07-012024-06-3012046516ns14:PoundSterling2023-07-012024-06-3012046516ns10:Director12023-07-012024-06-3012046516ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3012046516ns10:SmallEntities2023-07-012024-06-3012046516ns10:Audited2023-07-012024-06-3012046516ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3012046516ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3012046516ns10:FullAccounts2023-07-012024-06-3012046516ns10:CompanySecretary12023-07-012024-06-3012046516ns10:RegisteredOffice2023-07-012024-06-3012046516ns5:CurrentFinancialInstruments2024-06-3012046516ns5:CurrentFinancialInstruments2023-06-3012046516ns5:ShareCapital2024-06-3012046516ns5:ShareCapital2023-06-3012046516ns5:RetainedEarningsAccumulatedLosses2024-06-3012046516ns5:RetainedEarningsAccumulatedLosses2023-06-3012046516ns5:PlantMachinery2023-07-012024-06-3012046516ns5:PlantMachinery2023-06-3012046516ns5:PlantMachinery2024-06-3012046516ns5:PlantMachinery2023-06-3012046516ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3012046516ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-30
REGISTERED NUMBER: 12046516 (England and Wales)


















Bonus Control Systems Limited

Financial Statements for the Year Ended 30th June 2024






Bonus Control Systems Limited (Registered number: 12046516)






Contents of the Financial Statements
for the year ended 30th June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Bonus Control Systems Limited

Company Information
for the year ended 30th June 2024







DIRECTOR: S T E Boanas





SECRETARY: J Henriksen





REGISTERED OFFICE: Unit 1 Kingswood Business Park
Connaught Road
Hull
HU7 3AP





REGISTERED NUMBER: 12046516 (England and Wales)





AUDITORS: Smailes Goldie
Chartered Accountants
Statutory Auditor
Regent's Court
Princess Street
Hull
East Yorkshire
HU2 8BA

Bonus Control Systems Limited (Registered number: 12046516)

Balance Sheet
30th June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,750 6,000

CURRENT ASSETS
Stocks 64,187 58,620
Debtors 5 201,980 228,862
Cash at bank - 36,512
266,167 323,994
CREDITORS
Amounts falling due within one year 6 127,600 238,187
NET CURRENT ASSETS 138,567 85,807
TOTAL ASSETS LESS CURRENT
LIABILITIES

142,317

91,807

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 142,316 91,806
SHAREHOLDERS' FUNDS 142,317 91,807

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 director and authorised for issue on 27th March 2025 and were signed by:





S T E Boanas - Director


Bonus Control Systems Limited (Registered number: 12046516)

Notes to the Financial Statements
for the year ended 30th June 2024

1. STATUTORY INFORMATION

Bonus Control Systems 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.

The financial statements are prepared in starling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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 - 15% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

Bonus Control Systems Limited (Registered number: 12046516)

Notes to the Financial Statements - continued
for the year ended 30th June 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st July 2023
and 30th June 2024 15,000
DEPRECIATION
At 1st July 2023 9,000
Charge for year 2,250
At 30th June 2024 11,250
NET BOOK VALUE
At 30th June 2024 3,750
At 30th June 2023 6,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 194,293 221,414
Other debtors 7,687 7,448
201,980 228,862

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,245 -
Trade creditors 34,015 155,358
Amounts owed to group undertakings 20,363 7,037
Taxation and social security 31,325 41,975
Other creditors 32,652 33,817
127,600 238,187

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Stephen Bramall BSc FCA (Senior Statutory Auditor)
for and on behalf of Smailes Goldie

8. CONTINGENT LIABILITIES

The company has given unlimited guarantees in respect of the bank borrowings of fellow group companies. The amount outstanding under this guarantee at 30 June 2024 was £817,729 (2023: £2,865,970).

National Westminster Bank PLC also hold a charge created on 30th July 2020. The charge consists of a fixed and floating charge over all assets. The floating charge covers all the undertaking and all property and assets present and future, including goodwill, uncalled capital, buildings, fixtures and fixed plant & machinery.

Bonus Control Systems Limited (Registered number: 12046516)

Notes to the Financial Statements - continued
for the year ended 30th June 2024

9. ULTIMATE CONTROLLING PARTY

In the opinion of the director, the company's immediate and ultimate parent company is Bonus Electrical Group Limited, a company registered in England. Copies of the group financial statements of Bonus Electrical Group Limited can be obtained from The Registrar of Companies, Companies House, Crown Way, Cardiff CF14 3UZ.

Directors consider the controlling party to be Mr T S E Boanas, a director of Bonus Electrical Group Limited.