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REGISTERED NUMBER: 01121440 (England and Wales)














Biltmore Business Services Ltd

Unaudited Financial Statements

for the Year Ended 31 March 2025






Biltmore Business Services Ltd (Registered number: 01121440)






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


Biltmore Business Services Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTORS: Mrs G.M. Brailsford
S.J. Brailsford
C.J. Brailsford
M.J. Brailsford





SECRETARY:





REGISTERED OFFICE: 14 Manners View
Dodnor Industrial Estate
Newport
Isle of Wight
PO30 5FA





REGISTERED NUMBER: 01121440 (England and Wales)





ACCOUNTANTS: Barter Durgan
Chartered Accountants
10, Victoria Road South
Southsea
Hampshire
PO5 2DA

Biltmore Business Services Ltd (Registered number: 01121440)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 849,420 844,697

CURRENT ASSETS
Stocks 20,374 21,115
Debtors 5 38,247 53,190
Cash at bank and in hand 183,411 207,603
242,032 281,908
CREDITORS
Amounts falling due within one year 6 102,253 109,958
NET CURRENT ASSETS 139,779 171,950
TOTAL ASSETS LESS CURRENT
LIABILITIES

989,199

1,016,647

CREDITORS
Amounts falling due after more than one year 7 (174,684 ) (255,933 )

PROVISIONS FOR LIABILITIES (6,679 ) (6,588 )
NET ASSETS 807,836 754,126

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 807,734 754,024
SHAREHOLDERS' FUNDS 807,836 754,126

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.

Biltmore Business Services Ltd (Registered number: 01121440)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 June 2025 and were signed on its behalf by:





C.J. Brailsford - Director


Biltmore Business Services Ltd (Registered number: 01121440)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Biltmore Business Services 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.

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

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Biltmore Business Services Ltd (Registered number: 01121440)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 7 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2024 817,691 63,374 118,031
Additions - 18,435 -
Disposals - - -
At 31 March 2025 817,691 81,809 118,031
DEPRECIATION
At 1 April 2024 - 46,252 115,313
Charge for year - 8,571 680
Eliminated on disposal - - -
At 31 March 2025 - 54,823 115,993
NET BOOK VALUE
At 31 March 2025 817,691 26,986 2,038
At 31 March 2024 817,691 17,122 2,718

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2024 32,104 23,012 1,054,212
Additions - 695 19,130
Disposals (25,604 ) - (25,604 )
At 31 March 2025 6,500 23,707 1,047,738
DEPRECIATION
At 1 April 2024 28,008 19,942 209,515
Charge for year 1,972 2,146 13,369
Eliminated on disposal (24,566 ) - (24,566 )
At 31 March 2025 5,414 22,088 198,318
NET BOOK VALUE
At 31 March 2025 1,086 1,619 849,420
At 31 March 2024 4,096 3,070 844,697

Biltmore Business Services Ltd (Registered number: 01121440)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 38,247 50,702
VAT - 2,488
38,247 53,190

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 8,540 28,997
Taxation 61,132 55,574
Social security and other taxes 1,867 1,562
VAT 18,167 -
Other creditors 5,059 4,976
Directors' current accounts 2,588 13,949
Accrued expenses 4,900 4,900
102,253 109,958

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans - 1-2 years 174,684 255,933