IRIS Accounts Production v25.1.4.42 08196743 Board of Directors 1.10.23 30.9.24 30.9.24 17.6.25 false true false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh081967432023-09-30081967432024-09-30081967432023-10-012024-09-30081967432022-09-30081967432022-10-012023-09-30081967432023-09-3008196743ns15:EnglandWales2023-10-012024-09-3008196743ns14:PoundSterling2023-10-012024-09-3008196743ns10:Director12023-10-012024-09-3008196743ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3008196743ns10:SmallEntities2023-10-012024-09-3008196743ns10:Audited2023-10-012024-09-3008196743ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3008196743ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3008196743ns10:FullAccounts2023-10-012024-09-3008196743ns10:Director22023-10-012024-09-3008196743ns10:RegisteredOffice2023-10-012024-09-3008196743ns5:CurrentFinancialInstruments2024-09-3008196743ns5:CurrentFinancialInstruments2023-09-3008196743ns5:Non-currentFinancialInstruments2024-09-3008196743ns5:Non-currentFinancialInstruments2023-09-3008196743ns5:ShareCapital2024-09-3008196743ns5:ShareCapital2023-09-3008196743ns5:RetainedEarningsAccumulatedLosses2024-09-3008196743ns5:RetainedEarningsAccumulatedLosses2023-09-3008196743ns5:LeaseholdImprovements2023-10-012024-09-3008196743ns5:PlantMachinery2023-10-012024-09-3008196743ns5:FurnitureFittings2023-10-012024-09-3008196743ns5:LeaseholdImprovements2023-09-3008196743ns5:PlantMachinery2023-09-3008196743ns5:FurnitureFittings2023-09-3008196743ns5:LeaseholdImprovements2024-09-3008196743ns5:PlantMachinery2024-09-3008196743ns5:FurnitureFittings2024-09-3008196743ns5:LeaseholdImprovements2023-09-3008196743ns5:PlantMachinery2023-09-3008196743ns5:FurnitureFittings2023-09-3008196743ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3008196743ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3008196743ns5:BetweenFive10Years2024-09-3008196743ns5:BetweenFive10Years2023-09-3008196743ns5:WithinOneYear2024-09-3008196743ns5:WithinOneYear2023-09-3008196743ns5:BetweenOneFiveYears2024-09-3008196743ns5:BetweenOneFiveYears2023-09-3008196743ns5:MoreThanFiveYears2024-09-3008196743ns5:MoreThanFiveYears2023-09-3008196743ns5:AllPeriods2024-09-3008196743ns5:AllPeriods2023-09-30
REGISTERED NUMBER: 08196743 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

BERKSWELL RECYCLING LIMITED

BERKSWELL RECYCLING LIMITED (REGISTERED NUMBER: 08196743)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BERKSWELL RECYCLING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: P H Thornton
G Longmuir





REGISTERED OFFICE: Rosedale Nursery College Road
Hextable
Swanley
BR8 7LT





REGISTERED NUMBER: 08196743 (England and Wales)





AUDITORS: D.R.E. & Co. (Audit) Limited
7 Lower Brook Street
Oswestry
Shropshire
SY11 2HG

BERKSWELL RECYCLING LIMITED (REGISTERED NUMBER: 08196743)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 1,462,541 1,416,498

CURRENT ASSETS
Debtors 6 231,631 284,141
Cash at bank 33,643 -
265,274 284,141
CREDITORS
Amounts falling due within one year 7 144,410 153,303
NET CURRENT ASSETS 120,864 130,838
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,583,405

1,547,336

CREDITORS
Amounts falling due after more than one
year

8

(288,233

)

(6,460

)

PROVISIONS FOR LIABILITIES (10,539 ) -
NET ASSETS 1,284,633 1,540,876

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,284,533 1,540,776
1,284,633 1,540,876

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 17 June 2025 and were signed on its behalf by:





G Longmuir - Director


BERKSWELL RECYCLING LIMITED (REGISTERED NUMBER: 08196743)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Berkswell Recycling 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

These financial statements are for the individual entity only.

The financial statements are presented in Sterling (£), rounded to the nearest £1.

Going Concern
The financial statements have been prepared on a going concern basis as the directors are of the opinion that the Company will be able to pay its liabilities as and when they fall due.

The directors have reached this conclusion after assessing the Company's future cash and funding requirements along with budgets and medium term plans.

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.
Improvements to property - 2% on cost
Plant and machinery - 33% on cost
Fixtures and fittings - 33% on cost

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.

BERKSWELL RECYCLING LIMITED (REGISTERED NUMBER: 08196743)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

3. ACCOUNTING POLICIES - continued

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 3 ) .

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 October 2023 1,445,402 4 - 1,445,406
Additions - 75,296 14,529 89,825
At 30 September 2024 1,445,402 75,300 14,529 1,535,231
DEPRECIATION
At 1 October 2023 28,908 - - 28,908
Charge for year 28,908 10,785 4,089 43,782
At 30 September 2024 57,816 10,785 4,089 72,690
NET BOOK VALUE
At 30 September 2024 1,387,586 64,515 10,440 1,462,541
At 30 September 2023 1,416,494 4 - 1,416,498

Included within the above are assets held under hire purchase agreements.

Assets held on such agreements include plant and machinery with a carrying value of £59,112 (2023: nil) and depreciation charges for the year of £8,409 (2023: nil).

These assets are secured against the respective liabilities which are reported in the parent company, Freeland Horticulture Limited.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 148,717 267,567
Amounts owed by group undertaking 26,451 -
VAT - 2,846
Prepayments and accrued income 56,463 13,728
231,631 284,141

BERKSWELL RECYCLING LIMITED (REGISTERED NUMBER: 08196743)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts - 19,593
Trade creditors 97,425 18,388
Social security and other taxes 3,845 -
VAT 22,505 -
Other creditors 830 115,322
Accruals and deferred income 19,805 -
144,410 153,303

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Other creditors - 6,460
Amounts owed to group
undertaking 288,233 -
288,233 6,460

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.9.24 30.9.23
£    £   
Within one year 127,500 -
Between one and five years 600,000 -
In more than five years 562,500 -
1,290,000 -

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Aled Davies FCCA (Senior Statutory Auditor)
for and on behalf of D.R.E. & Co. (Audit) Limited

11. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

BERKSWELL RECYCLING LIMITED (REGISTERED NUMBER: 08196743)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

11. RELATED PARTY DISCLOSURES - continued

During the current year transactions occurred between Berkswell Recycling Limited and other related parties, details of these transactions are as follows:-

2024 2023
£ £
Purchases from related parties 40,000 -


The company is subject to cross guarantee agreement with Barclays Bank PLC. In this agreement are, Freeland (UK) Limited, Freeland Horticulture Limited and Berkswell Recycling Limited. There is no liability at the year end.

The immediate parent company is Freeland Horticulture Limited. Freeland (UK) Limited is the ultimate parent of the group for which consolidated financial statements are prepared, which include Berkswell Recycling Ltd. The registered office of the immediate parent company is the same as that of Berkswell Recycling Ltd. Group accounts are freely available from Companies House.

12. ULTIMATE CONTROLLING PARTY

The ultimate parent company is Freeland (UK) Limited, a company registered in England and Wales, by way of its majority shareholding in the parent company. No one person as ultimate control.