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REGISTERED NUMBER: 12934104 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

BST ELECTRICAL HOLDINGS LTD

BST ELECTRICAL HOLDINGS LTD (REGISTERED NUMBER: 12934104)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BST ELECTRICAL HOLDINGS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: D A Fahey
M M P Fahey
P G Fahey
Ms M T Emmison
J D P Fahey
D J Fahey





REGISTERED OFFICE: 79 Promenade
Cheltenham
Gloucestershire
GL50 1PJ





REGISTERED NUMBER: 12934104 (England and Wales)





ACCOUNTANTS: Randall & Payne LLP
Chartered Accountants
Chargrove House
Shurdington Road
Cheltenham
Gloucestershire
GL51 4GA

BST ELECTRICAL HOLDINGS LTD (REGISTERED NUMBER: 12934104)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 12 12
Investment property 5 1,078,001 1,036,001
1,078,013 1,036,013

CURRENT ASSETS
Debtors 6 140,529 40,259
Cash at bank 12,084 8,474
152,613 48,733
CREDITORS
Amounts falling due within one year 7 91,559 257,661
NET CURRENT ASSETS/(LIABILITIES) 61,054 (208,928 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,139,067

827,085

CREDITORS
Amounts falling due after more than one
year

8

193,093

210,083
NET ASSETS 945,974 617,002

CAPITAL AND RESERVES
Called up share capital 12 12
Retained earnings 945,962 616,990
945,974 617,002

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

BST ELECTRICAL HOLDINGS LTD (REGISTERED NUMBER: 12934104)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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 25 June 2025 and were signed on its behalf by:




Ms M T Emmison - Director D A Fahey - Director




D J Fahey - Director J D P Fahey - Director




M M P Fahey - Director P G Fahey - Director


BST ELECTRICAL HOLDINGS LTD (REGISTERED NUMBER: 12934104)

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

1. STATUTORY INFORMATION

Bst Electrical Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Preparation of consolidated financial statements
The financial statements contain information about Bst Electrical Holdings Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
Financial Instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.

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.

BST ELECTRICAL HOLDINGS LTD (REGISTERED NUMBER: 12934104)

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

2. ACCOUNTING POLICIES - continued

Provisions
Provisions are recognised only where a present obligation exists as a result of a past transaction or event at or prior to the balance sheet date. In addition, a provision is only recognised where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis.

Going concern
The director has considered the risks and issues concerning the company and its activities and no material uncertainties that may cast significant doubt about the company's ability of the company to continue as a going concern have been identified by the directors.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2023
and 30 September 2024 12
NET BOOK VALUE
At 30 September 2024 12
At 30 September 2023 12

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 1,036,001
Revaluations 42,000
At 30 September 2024 1,078,001
NET BOOK VALUE
At 30 September 2024 1,078,001
At 30 September 2023 1,036,001

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2023 1,036,001
Valuation in 2004 42,000
1,078,001

BST ELECTRICAL HOLDINGS LTD (REGISTERED NUMBER: 12934104)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 519 1,000
Directors' loan accounts 137,506 36,162
Prepayments and accrued income 2,504 3,097
140,529 40,259

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 17,051 15,789
Amounts owed to group undertakings 24,633 209,318
Corporation Tax 10,065 11,825
Directors' loan accounts 38,770 19,089
Accrued expenses 1,040 1,640
91,559 257,661

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 18,415 17,051
Bank loans - 2-5 years 89,619 82,981
Bank loans 85,059 110,051
193,093 210,083

Amounts falling due in more than five years:

Repayable by instalments
Bank loans 85,059 110,051

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
Ms M T Emmison
Balance outstanding at start of year 20,820 31,861
Amounts advanced 86,386 88,517
Amounts repaid (75,733 ) (99,558 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 31,473 20,820

BST ELECTRICAL HOLDINGS LTD (REGISTERED NUMBER: 12934104)

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

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

D A Fahey
Balance outstanding at start of year 7,559 (16,560 )
Amounts advanced 134,891 110,457
Amounts repaid (95,680 ) (86,338 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 46,770 7,559

D J Fahey
Balance outstanding at start of year 2,750 (3,699 )
Amounts advanced 96,619 98,655
Amounts repaid (87,923 ) (92,206 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 11,446 2,750

J D P Fahey
Balance outstanding at start of year 5,034 26,357
Amounts advanced 65,230 68,084
Amounts repaid (88,015 ) (89,407 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (17,751 ) 5,034

M M P Fahey
Balance outstanding at start of year (2,718 ) 28,504
Amounts advanced 69,228 58,185
Amounts repaid (87,528 ) (89,407 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (21,018 ) (2,718 )

P G Fahey
Balance outstanding at start of year (16,371 ) (21,244 )
Amounts advanced 161,239 92,518
Amounts repaid (97,052 ) (87,645 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 47,816 (16,371 )

Interest is being charged annually at the prevailing HMRC rate of interest on the loans to the directors.

10. RELATED PARTY DISCLOSURES

On 1st March 2021, the company acquired shares in BST Electrical Ltd such that BST Electrical Ltd is now a fully owned subsidiary of the company.

BST Electrical Holdings Ltd owe the subsidiary £24,633 at the year end (2023: £209,318).