Company registration number 04718389 (England and Wales)
B & W LIFT SERVICES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
B & W LIFT SERVICES LIMITED
COMPANY INFORMATION
Directors
Mr T S Jeffery
Mr D J F Jenkins
Secretary
Mr D J F Jenkins
Company number
04718389
Registered office
Unit 10 Precision 4 Business Park
Bingham Road
Sittingbourne
Kent
England
ME10 3FZ
Accountants
Xeinadin South East Limited
12 Conqueror Court
Sittingbourne
Kent
United Kingdom
ME10 5BH
B & W LIFT SERVICES LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
B & W LIFT SERVICES LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
26,703
35,879
Current assets
Stocks
2,000
2,000
Debtors
4
47,205
79,310
Cash at bank and in hand
130,476
63,797
179,681
145,107
Creditors: amounts falling due within one year
5
(187,632)
(171,226)
Net current liabilities
(7,951)
(26,119)
Total assets less current liabilities
18,752
9,760
Provisions for liabilities
(6,676)
(8,970)
Net assets
12,076
790
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
11,976
690
Total equity
12,076
790

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 11 September 2025 and are signed on its behalf by:
Mr D J F Jenkins
Director
Company registration number 04718389 (England and Wales)
B & W LIFT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information

B & W Lift Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 10 Precision 4 Business Park, Bingham Road, Sittingbourne, Kent, England, ME10 3FZ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” “FRS 102” and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and/or from the rendering of services.

Turnover from the sale of lift spares is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Turnover from the rendering of lift repair services is recognised by reference to the level of labour undertaken and costs of materials included in the service supplied.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% on reducing balance
Fixtures and fittings
25% on reducing balance
Computers
33% Straight line
Motor vehicles
25% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Stocks

Inventories are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition.

Inventories held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

B & W LIFT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 3 -
1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.8
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.9
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

B & W LIFT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 4 -
1.10
Leases

Rentals paid under operating leases are charged to profit & loss on a straight line basis over the period of the lease.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
4
4
3
Tangible fixed assets
Plant and equipment
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 April 2024
31,454
872
3,699
49,139
85,164
Additions
-
0
342
-
0
-
0
342
At 31 March 2025
31,454
1,214
3,699
49,139
85,506
Depreciation and impairment
At 1 April 2024
21,254
656
1,720
25,655
49,285
Depreciation charged in the year
2,550
131
970
5,867
9,518
At 31 March 2025
23,804
787
2,690
31,522
58,803
Carrying amount
At 31 March 2025
7,650
427
1,009
17,617
26,703
At 31 March 2024
10,200
216
1,979
23,484
35,879
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
41,486
74,122
Other debtors
5,719
5,188
47,205
79,310
B & W LIFT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
14
-
0
Trade creditors
79,794
18,062
Amounts owed to group undertakings
67,110
124,115
Taxation and social security
37,636
18,656
Other creditors
3,078
10,393
187,632
171,226
2025-03-31 2024-04-01 false false false 11 September 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mr T S Jeffery Mr D J F Jenkins Mr M P Cox Miss C L Baker Mr D J F Jenkins 04718389 2024-04-01 2025-03-31 04718389 bus:Director1 2024-04-01 2025-03-31 04718389 bus:CompanySecretaryDirector1 2024-04-01 2025-03-31 04718389 bus:CompanySecretary1 2024-04-01 2025-03-31 04718389 bus:Director2 2024-04-01 2025-03-31 04718389 bus:Director3 2024-04-01 2025-03-31 04718389 bus:Director4 2024-04-01 2025-03-31 04718389 bus:RegisteredOffice 2024-04-01 2025-03-31 04718389 2025-03-31 04718389 2024-03-31 04718389 core:PlantMachinery 2025-03-31 04718389 core:FurnitureFittings 2025-03-31 04718389 core:ComputerEquipment 2025-03-31 04718389 core:MotorVehicles 2025-03-31 04718389 core:PlantMachinery 2024-03-31 04718389 core:FurnitureFittings 2024-03-31 04718389 core:ComputerEquipment 2024-03-31 04718389 core:MotorVehicles 2024-03-31 04718389 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 04718389 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 04718389 core:CurrentFinancialInstruments 2025-03-31 04718389 core:CurrentFinancialInstruments 2024-03-31 04718389 core:ShareCapital 2025-03-31 04718389 core:ShareCapital 2024-03-31 04718389 core:RetainedEarningsAccumulatedLosses 2025-03-31 04718389 core:RetainedEarningsAccumulatedLosses 2024-03-31 04718389 core:PlantMachinery 2024-04-01 2025-03-31 04718389 core:FurnitureFittings 2024-04-01 2025-03-31 04718389 core:ComputerEquipment 2024-04-01 2025-03-31 04718389 core:MotorVehicles 2024-04-01 2025-03-31 04718389 2023-04-01 2024-03-31 04718389 core:PlantMachinery 2024-03-31 04718389 core:FurnitureFittings 2024-03-31 04718389 core:ComputerEquipment 2024-03-31 04718389 core:MotorVehicles 2024-03-31 04718389 2024-03-31 04718389 core:WithinOneYear 2025-03-31 04718389 core:WithinOneYear 2024-03-31 04718389 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04718389 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04718389 bus:FRS102 2024-04-01 2025-03-31 04718389 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 04718389 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP