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REGISTERED NUMBER: 02298949 (England and Wales)


















Financial Statements for the Year Ended 31 December 2024

for

B.L.T Circuit Services Limited

B.L.T Circuit Services Limited (Registered number: 02298949)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


B.L.T Circuit Services Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: R M Black





REGISTERED OFFICE: Eldo House
Kempson Way
Suffolk Business Park
Bury St Edmonds
Suffolk
IP32 7AR





REGISTERED NUMBER: 02298949 (England and Wales)





AUDITORS: George Hay Partnership LLP
Chartered Accountants
Statutory Auditor
Brigham House
High Street
Biggleswade
Bedfordshire
SG18 0LD

B.L.T Circuit Services Limited (Registered number: 02298949)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 6 99,856 87,978

CURRENT ASSETS
Stocks 846,762 542,167
Debtors 7 3,834,051 3,301,067
Cash at bank 33,548 221,995
4,714,361 4,065,229
CREDITORS
Amounts falling due within one year 8 645,969 510,033
NET CURRENT ASSETS 4,068,392 3,555,196
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,168,248

3,643,174

PROVISIONS FOR LIABILITIES 24,964 21,758
NET ASSETS 4,143,284 3,621,416

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 4,143,184 3,621,316
SHAREHOLDERS' FUNDS 4,143,284 3,621,416

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 director and authorised for issue on 9 June 2025 and were signed by:





R M Black - Director


B.L.T Circuit Services Limited (Registered number: 02298949)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

B.L.T Circuit 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. 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.

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

Turnover represents the amount derived from the provision of goods and services falling within the company's activities.

Revenue is recognised as goods are despatched at which point invoices are raised and sales are recorded in the accounting system.

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 - 25% on reducing balance and 15% on reducing balance

Stocks
Stock is valued at the lower of cost and net realisable value. Cost is valued on a first in, first out basis. Processed goods and work in progress are valued at the material content and, if significant, a proportion of labour and overhead expenses.

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.

B.L.T Circuit Services Limited (Registered number: 02298949)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

3. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Debtors and creditors receivable / payable 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.

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss. .

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 13 ) .

5. AUDITORS' REMUNERATION

Auditors Remuneration for the year was £8,400 (£7,500 2023)

B.L.T Circuit Services Limited (Registered number: 02298949)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

6. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 372,860
Additions 32,358
Disposals (17,692 )
At 31 December 2024 387,526
DEPRECIATION
At 1 January 2024 284,882
Charge for year 19,262
Eliminated on disposal (16,474 )
At 31 December 2024 287,670
NET BOOK VALUE
At 31 December 2024 99,856
At 31 December 2023 87,978

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 559,531 687,971
Amounts owed by group undertakings 3,220,656 2,555,395
Other debtors 53,864 57,701
3,834,051 3,301,067

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 339,925 229,868
Taxation and social security 199,651 203,950
Other creditors 106,393 76,215
645,969 510,033

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 53,685 54,294
Between one and five years 80,616 8,790
134,301 63,084

B.L.T Circuit Services Limited (Registered number: 02298949)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

10. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £    £   
100 Share capital £1 100 100

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

The Report of the Auditors was unqualified.

Colin Airey FCCA (Senior Statutory Auditor)
for and on behalf of George Hay Partnership LLP

12. OTHER FINANCIAL COMMITMENTS

There is a fixed and floating charge over the assets of the company.

13. ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of AIM Solder (UK) Ltd. The ultimate controlling party is AIM Metals & Alloys Inc , registered office 9100 Bou Henri - Bourassa East, Montreal, Quebec, Canada H1E 2SA .