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REGISTERED NUMBER: 05398905 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 January 2025

for

British & Continental Finance Co. Ltd

British & Continental Finance Co. Ltd (Registered number: 05398905)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

British & Continental Finance Co. Ltd

Company Information
for the Year Ended 31 January 2025







DIRECTORS: W D Crooks
O W Crooks
S M Crooks





SECRETARY: W D Crooks





REGISTERED OFFICE: Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD





REGISTERED NUMBER: 05398905 (England and Wales)





ACCOUNTANTS: Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD

British & Continental Finance Co. Ltd (Registered number: 05398905)

Balance Sheet
31 January 2025

2025 2024
Notes £    £   
CURRENT ASSETS
Stocks 750,000 650,000
Debtors 4 330,199 357,725
Cash at bank and in hand 2,093 12,850
1,082,292 1,020,575
CREDITORS
Amounts falling due within one year 5 (990,936 ) (928,746 )
NET CURRENT ASSETS 91,356 91,829
TOTAL ASSETS LESS CURRENT
LIABILITIES

91,356

91,829

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 91,256 91,729
SHAREHOLDERS' FUNDS 91,356 91,829

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.

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 Profit and loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 May 2025 and were signed on its behalf by:





W D Crooks - Director


British & Continental Finance Co. Ltd (Registered number: 05398905)

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

1. STATUTORY INFORMATION

British & Continental Finance Co. 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.

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

Stocks
Stocks are values at the lower of cost and estimated selling price less costs to sell.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 35,084 35,646
Amounts owed by participating interests 295,115 322,079
330,199 357,725

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 575,440 502,364
Amounts owed to participating interests 370,000 387,310
Taxation and social security 40,497 35,472
Other creditors 4,999 3,600
990,936 928,746

British & Continental Finance Co. Ltd (Registered number: 05398905)

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

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1 100 100

7. RELATED PARTY DISCLOSURES

Cawarden Co. Limited

A company under common control


The loan is interest free and there are no fixed repayment terms in operation.

2025 2024
£    £   
Amount due from related party at the balance sheet date - 262,272

Olsam Property Ltd

A company in which O W & S M Crooks are shareholders


This loan is an unsecured short term loan, repayable on 31 March 2024, the interest rate is 5% per annum.

2025 2024
£    £   
Amount due to related party at the balance sheet date - 300,000

Cawarden Demo Co Limited

A company under common control


The loan is interest free and there are no fixed repayment terms in operation.

2025 2024
£    £   
Amount due to related party at the balance sheet date - 70,000

Cossall Land Company Limited

A company under common control


2025 2024
£    £   
Amount due from related party at the balance sheet date - 6,332

British & Continental Finance Co. Ltd (Registered number: 05398905)

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

7. RELATED PARTY DISCLOSURES - continued

Fireflux Ltd

A company under common control


The loan is interest free and there are no fixed repayment terms in operation.

2025 2024
£    £   
Amount due from related party at the balance sheet date - 52,075

Olsam Crooks LLP

An LLP owned by O W Crooks and S M Crooks


The loan is interest free and there are no fixed repayment terms in operation.

2025 2024
£    £   
Amount due to related party at the balance sheet date - 17,310

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
British & Continental Finance Co. Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of British & Continental Finance Co. Ltd for the year ended 31 January 2025 which comprise the Profit and loss, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of British & Continental Finance Co. Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of British & Continental Finance Co. Ltd and state those matters that we have agreed to state to the Board of Directors of British & Continental Finance Co. Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than British & Continental Finance Co. Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that British & Continental Finance Co. Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of British & Continental Finance Co. Ltd. You consider that British & Continental Finance Co. Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of British & Continental Finance Co. Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD


7 May 2025