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REGISTERED NUMBER: 09352075 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BTO CONTRACTS LTD

BTO CONTRACTS LTD (REGISTERED NUMBER: 09352075)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BTO CONTRACTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: M Beaumont
W Beaumont





REGISTERED OFFICE: 1 Watersole Lane
Wetherby
LS22 5FF





REGISTERED NUMBER: 09352075 (England and Wales)





ACCOUNTANTS: Positive Accountants
Elmwood House
York Road
Kirk Hammerton
York
North Yorkshire
YO26 8DH

BTO CONTRACTS LTD (REGISTERED NUMBER: 09352075)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 3 2,500 3,000
Tangible assets 4 1,222,827 1,111,225
1,225,327 1,114,225

CURRENT ASSETS
Stocks 270,183 252,377
Debtors 5 81,631 147,016
Cash at bank 598,870 208,353
950,684 607,746
CREDITORS
Amounts falling due within one year 6 386,582 253,954
NET CURRENT ASSETS 564,102 353,792
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,789,429

1,468,017

CREDITORS
Amounts falling due after more than one year 7 (270,159 ) (309,370 )

PROVISIONS FOR LIABILITIES (115,000 ) (81,505 )
NET ASSETS 1,404,270 1,077,142

CAPITAL AND RESERVES
Called up share capital 200 100
Retained earnings 1,404,070 1,077,042
1,404,270 1,077,142

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

BTO CONTRACTS LTD (REGISTERED NUMBER: 09352075)

BALANCE SHEET - continued
31 DECEMBER 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 25 April 2025 and were signed on its behalf by:





M Beaumont - Director


BTO CONTRACTS LTD (REGISTERED NUMBER: 09352075)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 33% on cost, 25% on reducing balance and 15% on reducing balance

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 8 ) .

BTO CONTRACTS LTD (REGISTERED NUMBER: 09352075)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


3. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 5,000
AMORTISATION
At 1 January 2024 2,000
Charge for year 500
At 31 December 2024 2,500
NET BOOK VALUE
At 31 December 2024 2,500
At 31 December 2023 3,000

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2024 790,831 527,733 1,318,564
Additions - 180,736 180,736
At 31 December 2024 790,831 708,469 1,499,300
DEPRECIATION
At 1 January 2024 30,429 176,910 207,339
Charge for year 10,817 58,317 69,134
At 31 December 2024 41,246 235,227 276,473
NET BOOK VALUE
At 31 December 2024 749,585 473,242 1,222,827
At 31 December 2023 760,402 350,823 1,111,225

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 68,339 138,559
Other debtors 13,292 8,457
81,631 147,016

BTO CONTRACTS LTD (REGISTERED NUMBER: 09352075)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 60,583 39,750
Trade creditors 142,090 96,157
Taxation and social security 181,256 115,357
Other creditors 2,653 2,690
386,582 253,954

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 270,159 309,370

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 265,963 324,210