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REGISTERED NUMBER: 02885517 (England and Wales)















B & W COMMERCIALS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025






B & W COMMERCIALS LIMITED (REGISTERED NUMBER: 02885517)

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










Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


B & W COMMERCIALS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTORS: Mr. I. L. Whyte
Mr R.S. Whyte



SECRETARY: Mr. I. L. Whyte



REGISTERED OFFICE: Bay 10, Central Works
Off Peartree Lane
Dudley
West Midlands
DY2 0QU



REGISTERED NUMBER: 02885517 (England and Wales)



ACCOUNTANTS: Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU



BANKERS: Yorkshire Bank Plc
211 Wolverhampton Street
Dudley
West Midlands
DY1 1ED.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
B & W COMMERCIALS LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of B & W Commercials Limited for the year ended 31 January 2025 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of B & W Commercials Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of B & W Commercials Limited and state those matters that we have agreed to state to the Board of Directors of B & W Commercials Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than B & W Commercials Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that B & W Commercials Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of B & W Commercials Limited. You consider that B & W Commercials Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of B & W Commercials Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU


6 May 2025

B & W COMMERCIALS LIMITED (REGISTERED NUMBER: 02885517)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 206,469 273,779

CURRENT ASSETS
Stocks 5 19,320 20,140
Debtors 6 299,659 366,667
Cash at bank 71,847 47,721
390,826 434,528
CREDITORS
Amounts falling due within one year 7 236,246 296,790
NET CURRENT ASSETS 154,580 137,738
TOTAL ASSETS LESS CURRENT
LIABILITIES

361,049

411,517

CREDITORS
Amounts falling due after more than one year 8 (6,667 ) (16,559 )

PROVISIONS FOR LIABILITIES (51,256 ) (67,936 )
NET ASSETS 303,126 327,022

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 303,026 326,922
SHAREHOLDERS' FUNDS 303,126 327,022

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

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

B & W COMMERCIALS LIMITED (REGISTERED NUMBER: 02885517)

STATEMENT OF FINANCIAL POSITION - continued
31 JANUARY 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 6 May 2025 and were signed on its behalf by:





Mr. I. L. Whyte - Director


B & W COMMERCIALS LIMITED (REGISTERED NUMBER: 02885517)

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


1. STATUTORY INFORMATION

B & W Commercials 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.

Turnover
Turnover represents net sales of goods/services, excluding value added tax

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 - 15% on reducing balance
Fixtures and fittings - 15% 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.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

B & W COMMERCIALS LIMITED (REGISTERED NUMBER: 02885517)

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


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 11 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 February 2024 205,892 24,111 339,496 569,499
Additions 1,975 28,416 86,748 117,139
Disposals - - (219,300 ) (219,300 )
At 31 January 2025 207,867 52,527 206,944 467,338
DEPRECIATION
At 1 February 2024 143,241 22,692 129,787 295,720
Charge for year 9,694 4,481 42,063 56,238
Eliminated on disposal - - (91,089 ) (91,089 )
At 31 January 2025 152,935 27,173 80,761 260,869
NET BOOK VALUE
At 31 January 2025 54,932 25,354 126,183 206,469
At 31 January 2024 62,651 1,419 209,709 273,779

5. STOCKS
2025 2024
£    £   
Stocks and work in progress 19,320 20,140

6. DEBTORS
2025 2024
£    £   
Amounts falling due within one year:
Trade debtors 232,718 329,667
Other debtors 30,001 -
262,719 329,667

Amounts falling due after more than one year:
Amounts owed by group undertakings 36,940 37,000

Aggregate amounts 299,659 366,667

B & W COMMERCIALS LIMITED (REGISTERED NUMBER: 02885517)

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


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 71,833 105,909
Taxation and social security 56,148 87,010
Other creditors 98,265 93,871
236,246 296,790

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 6,667 16,559