IRIS Accounts Production v25.1.4.42 03807297 Board of Directors 1.2.24 31.1.25 31.1.25 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh038072972024-01-31038072972025-01-31038072972024-02-012025-01-31038072972023-01-31038072972023-02-012024-01-31038072972024-01-3103807297ns15:EnglandWales2024-02-012025-01-3103807297ns14:PoundSterling2024-02-012025-01-3103807297ns10:Director12024-02-012025-01-3103807297ns10:PrivateLimitedCompanyLtd2024-02-012025-01-3103807297ns10:SmallEntities2024-02-012025-01-3103807297ns10:AuditExempt-NoAccountantsReport2024-02-012025-01-3103807297ns10:SmallCompaniesRegimeForDirectorsReport2024-02-012025-01-3103807297ns10:SmallCompaniesRegimeForAccounts2024-02-012025-01-3103807297ns10:FullAccounts2024-02-012025-01-310380729712024-02-012025-01-3103807297ns10:OrdinaryShareClass12024-02-012025-01-3103807297ns10:Director22024-02-012025-01-3103807297ns10:Director32024-02-012025-01-3103807297ns10:CompanySecretary12024-02-012025-01-3103807297ns10:RegisteredOffice2024-02-012025-01-3103807297ns5:CurrentFinancialInstruments2025-01-3103807297ns5:CurrentFinancialInstruments2024-01-3103807297ns5:ShareCapital2025-01-3103807297ns5:ShareCapital2024-01-3103807297ns5:FurtherSpecificReserve3ComponentTotalEquity2025-01-3103807297ns5:FurtherSpecificReserve3ComponentTotalEquity2024-01-3103807297ns5:RetainedEarningsAccumulatedLosses2025-01-3103807297ns5:RetainedEarningsAccumulatedLosses2024-01-3103807297ns5:NetGoodwill2024-02-012025-01-3103807297ns5:IntangibleAssetsOtherThanGoodwill2024-02-012025-01-3103807297ns5:PlantMachinery2024-02-012025-01-3103807297ns5:NetGoodwill2024-01-3103807297ns5:NetGoodwill2025-01-3103807297ns5:NetGoodwill2024-01-3103807297ns5:PlantMachinery2024-01-3103807297ns5:PlantMachinery2025-01-3103807297ns5:PlantMachinery2024-01-3103807297ns5:CostValuation2024-01-3103807297ns5:RevaluationsIncreaseDecreaseInInvestments2025-01-3103807297ns5:CostValuation2025-01-3103807297ns5:WithinOneYearns5:CurrentFinancialInstruments2025-01-3103807297ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3103807297ns5:WithinOneYear2025-01-3103807297ns5:WithinOneYear2024-01-3103807297ns5:BetweenOneFiveYears2025-01-3103807297ns5:BetweenOneFiveYears2024-01-3103807297ns5:MoreThanFiveYears2025-01-3103807297ns5:MoreThanFiveYears2024-01-3103807297ns5:AllPeriods2025-01-3103807297ns5:AllPeriods2024-01-3103807297ns5:DeferredTaxation2025-01-3103807297ns10:OrdinaryShareClass12025-01-3103807297ns5:FurtherSpecificReserve3ComponentTotalEquity2024-01-31
REGISTERED NUMBER: 03807297 (England and Wales)








Unaudited Financial Statements

for the Year Ended 31 January 2025

for

B. & K. Boiler Services Limited

B. & K. Boiler Services Limited (Registered number: 03807297)

Contents of the Financial Statements
for the Year Ended 31 January 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


B. & K. Boiler Services Limited

Company Information
for the Year Ended 31 January 2025







DIRECTORS: M D Worthington
S R Worthington
Miss M Worthington





SECRETARY: Mrs J Worthington





REGISTERED OFFICE: Bridge House
Vicarage Road
Blackwater
Camberley
Surrey
GU17 9AX





REGISTERED NUMBER: 03807297 (England and Wales)





ACCOUNTANTS: Lane Monnington Welton
Chartered Accountants
Riverside View
Basing Road
Old Basing
Basingstoke
Hampshire
RG24 7AL

B. & K. Boiler Services Limited (Registered number: 03807297)

Balance Sheet
31 January 2025

31.1.25 31.1.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 - -
Investments 6 12,316 8,862
12,316 8,862

CURRENT ASSETS
Stocks 13,000 13,000
Debtors 7 73,594 61,253
Cash at bank and in hand 659,321 497,640
745,915 571,893
CREDITORS
Amounts falling due within one year 8 458,689 280,993
NET CURRENT ASSETS 287,226 290,900
TOTAL ASSETS LESS CURRENT
LIABILITIES

299,542

299,762

PROVISIONS FOR LIABILITIES 10 925 -
NET ASSETS 298,617 299,762

CAPITAL AND RESERVES
Called up share capital 11 100 100
Fair value reserve 12 2,775 246
Retained earnings 295,742 299,416
SHAREHOLDERS' FUNDS 298,617 299,762

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. & K. Boiler Services Limited (Registered number: 03807297)

Balance Sheet - 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 16 June 2025 and were signed on its behalf by:





M D Worthington - Director


B. & K. Boiler Services Limited (Registered number: 03807297)

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


1. STATUTORY INFORMATION

B. & K. Boiler Services 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents sales of goods and services net of VAT and trade discounts. Turnover is recognised when the risks and rewards of ownership of goods have been transferred to the customer or where the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. The risks and rewards of ownership of goods are deemed to have been transferred when the goods are shipped to, or are picked up by, the customer. Where a service contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2001, has been amortised evenly over its estimated useful life of ten 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 - 25% on cost

Stocks
Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less costs to complete or sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than the cost.

Financial instruments
Debtors and creditors payable/receivable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.


B. & K. Boiler Services Limited (Registered number: 03807297)

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


2. ACCOUNTING POLICIES - continued
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, after taking indexation into account.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Impairment
Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 22 ) .

B. & K. Boiler Services Limited (Registered number: 03807297)

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


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2024
and 31 January 2025 400,000
AMORTISATION
At 1 February 2024
and 31 January 2025 400,000
NET BOOK VALUE
At 31 January 2025 -
At 31 January 2024 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 February 2024
and 31 January 2025 10,555
DEPRECIATION
At 1 February 2024
and 31 January 2025 10,555
NET BOOK VALUE
At 31 January 2025 -
At 31 January 2024 -

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 February 2024 8,862
Revaluations 3,454
At 31 January 2025 12,316
NET BOOK VALUE
At 31 January 2025 12,316
At 31 January 2024 8,862

B. & K. Boiler Services Limited (Registered number: 03807297)

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


6. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 January 2025 is represented by:

Other
investments
£   
Valuation in 2022 1,500
Valuation in 2023 623
Valuation in 2024 (1,876 )
Valuation in 2025 3,453
Cost 8,616
12,316

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade debtors 40,166 36,266
Amounts owed by group undertakings 6,000 -
Other debtors 27,428 24,987
73,594 61,253

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade creditors 124,342 71,633
Taxation and social security 210,253 75,678
Other creditors 124,094 133,682
458,689 280,993

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.1.25 31.1.24
£    £   
Within one year 79,077 86,278
Between one and five years 168,062 167,769
In more than five years 39,375 55,125
286,514 309,172

10. PROVISIONS FOR LIABILITIES
31.1.25 31.1.24
£    £   
Deferred tax 925 -

B. & K. Boiler Services Limited (Registered number: 03807297)

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


10. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Revaluation of investments 925
Balance at 31 January 2025 925

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.25 31.1.24
value: £    £   
100 Ordinary £1 100 100

12. RESERVES
Fair
value
reserve
£   
At 1 February 2024 246
Revaluation of investments 2,529

At 31 January 2025 2,775