REGISTERED NUMBER: 15233652 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Bagnall Environmental Group Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

92,416

-

Investments

5

200

200

Investment property

6

392,777

392,777

485,393

392,977

CURRENT ASSETS

Debtors

7

143,388

195,012

Cash at bank

1,140

2,158

144,528

197,170

CREDITORS

Amounts falling due within one year

8

15,762

5,352

NET CURRENT ASSETS

128,766

191,818

TOTAL ASSETS LESS CURRENT LIABILITIES

614,159

584,795

CREDITORS

Amounts falling due after more than one year

9

376,781

393,003

NET ASSETS

237,378

191,792

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

237,178

191,592

SHAREHOLDERS' FUNDS

237,378

191,792

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.

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 Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 August 2025 and were signed on its behalf by:

Mr G M Walker - Director

1.	STATUTORY INFORMATION

Bagnall Environmental Group Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

15233652

Registered office:

Brook House Farm

Wheatlow Brooks

Milwich

Stafford

Staffordshire

ST18 0EW

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.

Preparation of consolidated financial statements

The financial statements contain information about Bagnall Environmental Group Limited 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

Taxation

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

Additions

11,461

80,955

92,416

At 31 March 2025

11,461

80,955

92,416

NET BOOK VALUE

At 31 March 2025

11,461

80,955

92,416

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Motor

vehicles

£

COST

Additions

37,370

At 31 March 2025

37,370

NET BOOK VALUE

At 31 March 2025

37,370

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

200

NET BOOK VALUE

At 31 March 2025

200

At 31 March 2024

200

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

392,777

NET BOOK VALUE

At 31 March 2025

392,777

At 31 March 2024

392,777

The investment property is stated at cost. In the opinion of the company's directors, there has been no significant change to the fair value of the property since acquisition.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

-

189

Other debtors

143,388

194,823

143,388

195,012

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

4,151

4,152

Trade creditors

2,151

-

Amounts owed to group undertakings

8,210

-

Other creditors

1,250

1,200

15,762

5,352

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

158,851

163,003

Amounts owed to group undertakings

217,930

230,000

376,781

393,003

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

142,246

146,398

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

163,002

167,155

The mortgage is secured against the property to which it relates.

Hire purchase agreements are secured against the assets they relate to.

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mr G M Walker and Mrs S J Walker

Balance outstanding at start of year

185,261

-

Amounts advanced

143,143

185,261

Amounts repaid

(185,261

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

143,143

185,261