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REGISTERED NUMBER: 04943101 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Budget Maintenance Limited

Budget Maintenance Limited (Registered number: 04943101)






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


Budget Maintenance Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: M J Kane
R D Kane





REGISTERED OFFICE: Stanlaw Abbey
Business Centre
Dover Drive
Ellesmere Port
Cheshire
CH65 9BF





REGISTERED NUMBER: 04943101 (England and Wales)





ACCOUNTANTS: Haines Watts
Military House
24 Castle Street
Chester
Cheshire
CH1 2DS

Budget Maintenance Limited (Registered number: 04943101)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,500 5,000
Property, plant and equipment 5 11,595 15,460
14,095 20,460

CURRENT ASSETS
Inventories 1,650 1,200
Debtors 6 65,986 45,723
Cash at bank - 13,770
67,636 60,693
CREDITORS
Amounts falling due within one year 7 56,091 77,698
NET CURRENT ASSETS/(LIABILITIES) 11,545 (17,005 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,640

3,455

CREDITORS
Amounts falling due after more than one
year

8

25,380

3,205
NET ASSETS 260 250

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 160 150
SHAREHOLDERS' FUNDS 260 250

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.

Budget Maintenance Limited (Registered number: 04943101)

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 20 June 2025 and were signed on its behalf by:





M J Kane - Director


Budget Maintenance Limited (Registered number: 04943101)

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

1. STATUTORY INFORMATION

Budget Maintenance 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.

The financial statements are presented in sterling which is the functional currency of the company, rounded to the nearest £1.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of twenty 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 etc - 33% on cost, 25% on reducing balance and 15% on reducing balance

Stocks
Inventories 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 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 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.

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 3 (2024 - 2 ) .

Budget Maintenance Limited (Registered number: 04943101)

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 50,000
AMORTISATION
At 1 April 2024 45,000
Charge for year 2,500
At 31 March 2025 47,500
NET BOOK VALUE
At 31 March 2025 2,500
At 31 March 2024 5,000

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 April 2024
and 31 March 2025 47,010
DEPRECIATION
At 1 April 2024 31,550
Charge for year 3,865
At 31 March 2025 35,415
NET BOOK VALUE
At 31 March 2025 11,595
At 31 March 2024 15,460

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 409 3,317
Other debtors 65,577 42,406
65,986 45,723

Budget Maintenance Limited (Registered number: 04943101)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 8,020 17,269
Hire purchase contracts 1,374 1,374
Trade creditors 32,371 34,924
Taxation and social security 13,326 20,372
Other creditors 1,000 3,759
56,091 77,698

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans 23,548 -
Hire purchase contracts 1,832 3,205
25,380 3,205

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
100 Ordinary £1 100 100

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 31 March 2025, the company was owed £56,787 (2024 - £33,616) by Directors of the company in respect of interest free loans which are repayable on demand.