BrightAccountsProduction v1.0.0 v1.0.0 2024-04-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is the provision of engineering services. 22 April 2025 04250719 2025-03-31 04250719 2024-03-31 04250719 2023-03-31 04250719 2024-04-01 2025-03-31 04250719 2023-04-01 2024-03-31 04250719 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04250719 uk-curr:PoundSterling 2024-04-01 2025-03-31 04250719 uk-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04250719 uk-bus:AbridgedAccounts 2024-04-01 2025-03-31 04250719 uk-bus:Director1 2024-04-01 2025-03-31 04250719 uk-bus:CompanySecretaryDirector1 2024-04-01 2025-03-31 04250719 uk-bus:CompanySecretary1 2024-04-01 2025-03-31 04250719 uk-bus:RegisteredOffice 2024-04-01 2025-03-31 04250719 uk-bus:Agent1 2024-04-01 2025-03-31 04250719 uk-core:ShareCapital 2025-03-31 04250719 uk-core:ShareCapital 2024-03-31 04250719 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 04250719 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 04250719 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-03-31 04250719 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-03-31 04250719 uk-bus:FRS102 2024-04-01 2025-03-31 04250719 uk-core:LandBuildings 2024-04-01 2025-03-31 04250719 uk-core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 04250719 uk-core:VehiclesPlantMachinery 2024-04-01 2025-03-31 04250719 2024-04-01 2025-03-31 04250719 uk-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
Bay Engineering Dorset Ltd
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 March 2025



Bay Engineering Dorset Ltd
DIRECTORS AND OTHER INFORMATION

 
Directors Mr S J Balem
Mr D Taylor
 
 
Company Secretary Mr D Taylor
 
 
Company Registration Number 04250719
 
 
Registered Office and Business Address McKay Way
Lynch Lane Industrial Estate
Weymouth
Dorset
DT4 9DN
United Kingdom
 
 
Accountants Elliot and Co LLP
Chartered Accountants
7 King Street
Weymouth
Dorset
DT4 7BJ
United Kingdom



Bay Engineering Dorset Ltd
Company Registration Number: 04250719
ABRIDGED BALANCE SHEET
as at 31 March 2025

2025 2024
Notes £ £
 
Fixed Assets
Tangible assets 4 371,517 437,154
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Current Assets
Stocks 59,399 27,583
Debtors 234,391 276,383
Cash at bank and in hand 99,827 152,016
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393,617 455,982
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Creditors: amounts falling due within one year (236,991) (315,158)
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Net Current Assets 156,626 140,824
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Total Assets less Current Liabilities 528,143 577,978
 
Creditors:
amounts falling due after more than one year (26,464) (38,911)
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Net Assets 501,679 539,067
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Capital and Reserves
Called up share capital 11 11
Retained earnings 501,668 539,056
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Shareholders' Funds 501,679 539,067
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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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Directors' Report.
For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Board and authorised for issue on 22 April 2025 and signed on its behalf by
           
           
________________________________     ________________________________
Mr S J Balem     Mr D Taylor
Director     Director
           



Bay Engineering Dorset Ltd
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 March 2025

   
1. General Information
 
Bay Engineering Dorset Ltd is a company limited by shares incorporated in the United Kingdom
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 31 March 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Short leasehold property - 10 % Straight line
  Fixtures, fittings and equipment - 15% Reducing balance
  Motor vehicles - 25% Reducing balance
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Leasing and hire purchases
Tangible assets held under leasing and Hire Purchases arrangements which transfer substantially all the risks and rewards of ownership to the company are capitalised and included in the Balance Sheet at their cost or valuation, less depreciation. The corresponding commitments are recorded as liabilities. Payments in respect of these obligations are treated as consisting of capital and interest elements, with interest charged to the Profit and Loss Account.
 
Stocks
Stocks are valued at the lower of cost and net realisable value.  Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition.  Full provision is made for obsolete and slow moving items.  Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
       
3. Employees
 
The average monthly number of employees, including directors, during the financial year was 18, (2024 - 17).
 
  2025 2024
  Number Number
 
Director 2 2
Employee 15 15
  ───────── ─────────
  17 17
  ═════════ ═════════
           
4. Tangible assets
  Short Fixtures, Motor Total
  leasehold fittings and vehicles  
  property equipment    
  £ £ £ £
Cost
At 1 April 2024 127,175 1,561,997 9,995 1,699,167
  ───────── ───────── ───────── ─────────
 
At 31 March 2025 127,175 1,561,997 9,995 1,699,167
  ───────── ───────── ───────── ─────────
Depreciation
At 1 April 2024 127,174 1,125,484 9,355 1,262,013
Charge for the financial year - 65,477 160 65,637
  ───────── ───────── ───────── ─────────
At 31 March 2025 127,174 1,190,961 9,515 1,327,650
  ───────── ───────── ───────── ─────────
Net book value
At 31 March 2025 1 371,036 480 371,517
  ═════════ ═════════ ═════════ ═════════
At 31 March 2024 1 436,513 640 437,154
  ═════════ ═════════ ═════════ ═════════