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Registration number: 09646756

BW Supplies Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 November 2024

 

BW Supplies Limited

Contents

Company Information

1

Directors' Report

2

Accountants' Report

3

Statement of Comprehensive Income

4

Balance Sheet

5

Notes to the Unaudited Financial Statements

6 to 8

 

BW Supplies Limited

Company Information

Directors

Mr J M Weston

Mr S R Baker

Registered office

15 Drakes Avenue
Leighton Buzzard
Bedfordshire
LU7 3AF

Accountants

Red Dot Accountants Ltd
Chartered Accountants15 Olympic Court
Whitehills Business Park
Blackpool
Lancashire
FY4 5GU

 

BW Supplies Limited

Directors' Report for the Year Ended 30 November 2024

The directors present their report and the financial statements for the year ended 30 November 2024.

Directors of the company

The directors who held office during the year were as follows:

Mr J M Weston

Mr S R Baker

Principal activity

The principal activity of the company is property landlords.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 6 August 2025 and signed on its behalf by:
 

.........................................
Mr J M Weston
Director

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
BW Supplies Limited
for the Year Ended 30 November 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of BW Supplies Limited for the year ended 30 November 2024 as set out on pages 4 to 8 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 at
http://www.icaew.com/regulation.

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

It is your duty to ensure that BW Supplies Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of BW Supplies Limited. You consider that BW Supplies Limited 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 accounts of BW Supplies Limited. 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 accounts.

......................................

Red Dot Accountants Ltd
Chartered Accountants
15 Olympic Court
Whitehills Business Park
Blackpool
Lancashire
FY4 5GU

6 August 2025

 

BW Supplies Limited

Statement of Comprehensive Income for the Year Ended 30 November 2024

2024
£

2023
£

Profit for the year

23,343

22,977

Surplus on property, plant and equipment revaluation

-

162,000

Total comprehensive income for the year

23,343

184,977

 

BW Supplies Limited

(Registration number: 09646756)
Balance Sheet as at 30 November 2024

Note

2024
£

2023
£

Fixed assets

 

Investment property

4

900,000

900,000

Current assets

 

Cash at bank and in hand

 

4,403

6,949

Creditors: Amounts falling due within one year

5

(235,401)

(261,290)

Net current liabilities

 

(230,998)

(254,341)

Total assets less current liabilities

 

669,002

645,659

Provisions for liabilities

(93,049)

(93,049)

Net assets

 

575,953

552,610

Capital and reserves

 

Called up share capital

6

100

100

Revaluation reserve

428,531

428,531

Retained earnings

147,322

123,979

Shareholders' funds

 

575,953

552,610

For the financial year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account and Directors' Report.

Approved and authorised by the Board on 6 August 2025 and signed on its behalf by:
 

.........................................
Mr J M Weston
Director

 

BW Supplies Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
15 Drakes Avenue
Leighton Buzzard
Bedfordshire
LU7 3AF
England

The principal place of business is:
23A Chess Business Park
Moor Road
Chesham
Buckinghamshire
HP5 1SD

These financial statements were authorised for issue by the Board on 6 August 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises rent receivable and services recharged for the period in the ordinary course of the company’s activities. Turnover is shown net of value added tax.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred Tax is provided on the timing differences between the accounting and tax treatment of certain assets. Tax is provided at rates applicable at the period end.

 

BW Supplies Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the Directors using observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

4

Investment properties

2024
£

At 1 December

900,000

At 30 November

900,000

There has been no valuation of investment property by an independent valuer.

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

5,475

5,390

Accruals and deferred income

925

900

Other creditors

229,001

255,000

235,401

261,290

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

£1 Ordinary shares of £1 each

100

100

100

100

       

7

Reserves

The changes to each component of equity resulting from items of other comprehensive income for the prior year were as follows:

 

BW Supplies Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

Revaluation reserve
£

Total
£

Surplus/deficit on property, plant and equipment revaluation

162,000

162,000

8

Related party transactions

Included in creditors due within one year is a loan of £229,000 (2023: £255,000) due to LOL Holdings Ltd which is a company under common control. The loan is interest free and repayable on demand.