Bsel Contracts Limited

Bsel Contracts Limited
Contents Page
For the year ended 30 June 2025

Company information	1
Director's report	2
Accountants' report	3
Statement of financial position	4
Notes to the financial statements	5

Bsel Contracts Limited
Company Information
For the year ended 30 June 2025

Director	Bryce William SELKIRK
Registered Number	SC468277
Registered Office	6 LOCHEND TWEEDBANK GALASHIELS TD1 3RY
Accountants	NS24 Ltd 8A Tweed Mills Dunsdale Road Selkirk TD7 5DZ

1

Bsel Contracts Limited
Director's Report
For the year ended 30 June 2025

Director's report and financial statements

The director presents his/her/their annual report and the financial statements for the year ended 30 June 2025.

Director

The director who served the company throughout the year was as follows:

Bryce William SELKIRK

Statement of director's responsibilities

The director is responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the director is required to :

select suitable accounting policies and then apply them consistently
make judgements and accounting estimates that are reasonable and prudent
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

On behalf of the board.

----------------------------------
Bryce William SELKIRK
Director

Date approved: 17 September 2025

2

Bsel Contracts Limited Accountants' Report For the year ended 30 June 2025
Accountant’s report You consider that the company is exempt from an audit for the year ended 30 June 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. NS24 Ltd 30 June 2025 NS24 Ltd 8A Tweed Mills Dunsdale Road Selkirk TD7 5DZ 17 September 2025 3

Bsel Contracts Limited
Accountants' Report
For the year ended 30 June 2025

Accountant’s report
You consider that the company is exempt from an audit for the year ended 30 June 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
NS24 Ltd
30 June 2025

NS24 Ltd
8A Tweed Mills
Dunsdale Road
Selkirk
TD7 5DZ
17 September 2025

3

Bsel Contracts Limited
Statement of Financial Position
As at 30 June 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	3,101	2,347
		3,101	2,347
Current assets
Debtors	4	464,301	150,892
Cash at bank and in hand		72,077	32,295
		536,378	183,187
Creditors: amount falling due within one year	5	(320,031)	(164,802)
Net current assets		216,347	18,385

Total assets less current liabilities		219,448	20,732
Creditors: amount falling due after more than one year	6	(136,796)	(8,052)
Net assets		82,652	12,680

Capital and reserves
Called up share capital		200	200
Profit and loss account		82,452	12,480
Shareholders' funds		82,652	12,680

For the year ended 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 17 September 2025 and were signed by:

-------------------------------
Bryce William SELKIRK
Director

4

Bsel Contracts Limited
Notes to the Financial Statements
For the year ended 30 June 2025

General Information

Bsel Contracts Limited is a private company, limited by shares, registered in Scotland, registration number SC468277, registration address 6 LOCHEND, TWEEDBANK, GALASHIELS, TD1 3RY.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant & Machinery	5 Straight Line
Fixtures and Fittings	3 Straight Line
Computer Equipment	3 Straight Line

2.	Average number of employees Average number of employees during the year was 1 (2024 : 2).

3.

Tangible fixed assets

Cost or valuation	Plant & Machinery	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£
At 01 July 2024	1,155	1,543	1,428	4,126
Additions	-	1,613	881	2,494
Disposals	-	-	-	-
At 30 June 2025	1,155	3,156	2,309	6,620
Depreciation
At 01 July 2024	558	701	520	1,779
Charge for year	232	836	672	1,740
On disposals	-	-	-	-
At 30 June 2025	790	1,537	1,192	3,519
Net book values
Closing balance as at 30 June 2025	365	1,619	1,117	3,101
Opening balance as at 01 July 2024	597	842	908	2,347

4.

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	116,738	90,432
Prepayments	2,997	7,096
Other Debtors	344,566	41,063
VAT	0	12,301
	464,301	150,892

5.

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	98,551	28,890
Bank Loans & Overdrafts	38,753	11,000
Corporation Tax	85,204	17,710
PAYE & Other Taxes	7,320	13,907
Accrued Expenses	5,331	1,200
Other Creditors	63,998	92,095
VAT	20,874	0
	320,031	164,802

6.

Creditors: amount falling due after more than one year

	2025 £		2024 £
Bank Loans & Overdrafts	136,796		8,052
	136,796		8,052

5

Registered Number: SC468277
Scotland
BSEL CONTRACTS LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 July 2024 End date: 30 June 2025