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REGISTERED NUMBER: 09536871 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

BH TUNGSTEN GRINDERS LTD

BH TUNGSTEN GRINDERS LTD (REGISTERED NUMBER: 09536871)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BH TUNGSTEN GRINDERS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: D White
Mrs A White
J Raftery
Mrs J Raftery
C Martin
Mrs S Martin





REGISTERED OFFICE: 7 Rose Way
Blaby
Leicestershire
LE8 4BY





REGISTERED NUMBER: 09536871 (England and Wales)





ACCOUNTANTS: J Raftery Accountancy
16 Brookes Avenue
Croft
Leicester
Leicestershire
LE9 3GJ

BH TUNGSTEN GRINDERS LTD (REGISTERED NUMBER: 09536871)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 463,098 467,359
463,098 467,359

CURRENT ASSETS
Stocks 126,227 135,529
Debtors 6 91,768 98,567
Cash at bank 300,734 259,375
518,729 493,471
CREDITORS
Amounts falling due within one year 7 169,288 245,048
NET CURRENT ASSETS 349,441 248,423
TOTAL ASSETS LESS CURRENT
LIABILITIES

812,539

715,782

PROVISIONS FOR LIABILITIES 8 3,117 3,926
NET ASSETS 809,422 711,856

CAPITAL AND RESERVES
Called up share capital 72 72
Retained earnings 809,350 711,784
SHAREHOLDERS' FUNDS 809,422 711,856

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

BH TUNGSTEN GRINDERS LTD (REGISTERED NUMBER: 09536871)

BALANCE SHEET - continued
31 MARCH 2025


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 9 April 2025 and were signed on its behalf by:




D White - Director C Martin - Director




J Raftery - Director Mrs J Raftery - Director




Mrs S Martin - Director Mrs A White - Director


BH TUNGSTEN GRINDERS LTD (REGISTERED NUMBER: 09536871)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

BH Tungsten Grinders Ltd 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.

Critical accounting judgements and key sources of estimation uncertainty
In the application of the Company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered relevant, Actual results may differ from these estimates.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue comprises the fair value of the consideration received or receivable for the rendering of services in the ordinary course of the company's activities. Revenue is shown net of VAT and trade discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities. The amount of revenue is not considered to be reliably measurable until all contingencies relating to the sale have been resolved. The company bases its estimates on historical results, taking into consideration the type of customer, the type of transaction and the specifics of each arrangement.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of four years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% 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.

BH TUNGSTEN GRINDERS LTD (REGISTERED NUMBER: 09536871)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

2. ACCOUNTING POLICIES - continued

Financial instruments
Financial assets
Receivables are stated at amortised cost using the effective interest rate method. A provision for impairment of receivables is established where there is objective evidence that the company will not be able to collect all amounts due according to the original terms of payment. Receivables are considered for impairment on a case by case basis and any provision is based on the directors' assessment of the amount recoverable on each receivable.

Financial liabilities
The company's financial liabilities include trade and other payables, which are measured at amortised cost using the effective interest rate method. Financial liabilities are recognised when the company becomes a party to the contractual agreements of the instrument. Interest-related charges are recognised as an expense in the period in which they are incurred.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less, and bank overdrafts.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

BH TUNGSTEN GRINDERS LTD (REGISTERED NUMBER: 09536871)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 65,000
AMORTISATION
At 1 April 2024
and 31 March 2025 65,000
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2024 446,695 7,700 11,281
Additions - - -
At 31 March 2025 446,695 7,700 11,281
DEPRECIATION
At 1 April 2024 - 5,762 9,748
Charge for year - 387 307
At 31 March 2025 - 6,149 10,055
NET BOOK VALUE
At 31 March 2025 446,695 1,551 1,226
At 31 March 2024 446,695 1,938 1,533

BH TUNGSTEN GRINDERS LTD (REGISTERED NUMBER: 09536871)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2024 69,582 2,028 537,286
Additions - 872 872
At 31 March 2025 69,582 2,900 538,158
DEPRECIATION
At 1 April 2024 53,070 1,347 69,927
Charge for year 4,128 311 5,133
At 31 March 2025 57,198 1,658 75,060
NET BOOK VALUE
At 31 March 2025 12,384 1,242 463,098
At 31 March 2024 16,512 681 467,359

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 90,136 97,022
Prepayments 1,632 1,545
91,768 98,567

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 46,001 62,228
Tax 75,836 54,974
Social security and other taxes 722 -
VAT 40,549 55,366
Other creditors 1,806 1,806
Directors' current accounts 4,374 70,674
169,288 245,048

8. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 3,117 3,926

Deferred
tax
£   
Balance at 1 April 2024 3,926
Provided during year (809 )
Balance at 31 March 2025 3,117

BH TUNGSTEN GRINDERS LTD (REGISTERED NUMBER: 09536871)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

9. RELATED PARTY DISCLOSURES

At 31 March 2025 an amount of £4,374 (2024 £70,674) was due to the directors. This amount is included in the creditors on the balance sheet.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr & Mrs Raftery, Mr & Mrs Martin,& Mr & Mrs White.