REGISTERED NUMBER: 08677877 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

BGS Maintenance Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S Halsey

REGISTERED OFFICE:

Unit 12 Folly Farm

Kingsclere Road

Ramsdell

Basingstoke

Hampshire

RG26 5GJ

REGISTERED NUMBER:

08677877 (England and Wales)

ACCOUNTANTS:

Aivilo Digital Accountancy Ltd

49 Hurford Drive

Thatcham

Berkshire

RG19 4WA

FIXED ASSETS

Tangible assets

4

35,022

55,074

CURRENT ASSETS

Stocks

22,000

13,435

Debtors

5

47,482

186,319

Cash at bank

64,688

42,933

134,170

242,687

CREDITORS

Amounts falling due within one year

6

126,928

216,267

NET CURRENT ASSETS

7,242

26,420

TOTAL ASSETS LESS CURRENT LIABILITIES

42,264

81,494

CREDITORS

Amounts falling due after more than one year

7

(5,086

)

(21,864

)

PROVISIONS FOR LIABILITIES

(8,755

)

(13,217

)

NET ASSETS

28,423

46,413

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

28,422

46,412

28,423

46,413

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 director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 September 2025 and were signed by:

S Halsey - Director

1.	STATUTORY INFORMATION

BGS Maintenance 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.	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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stock and work in progress

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

48,741

93,905

5,972

148,618

Additions

1,150

-

-

1,150

At 31 March 2025

49,891

93,905

5,972

149,768

DEPRECIATION

At 1 April 2024

42,148

46,700

4,696

93,544

Charge for year

2,066

18,713

423

21,202

At 31 March 2025

44,214

65,413

5,119

114,746

NET BOOK VALUE

At 31 March 2025

5,677

28,492

853

35,022

At 31 March 2024

6,593

47,205

1,276

55,074

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

47,482

186,319

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

6,837

6,668

Hire purchase contracts

9,941

19,319

Trade creditors

47,035

75,943

Tax

17,957

18,862

Social security and other taxes

710

4,598

VAT

37,618

62,419

Other creditors

5,491

27,191

Directors' current accounts

39

17

Accruals and deferred income

1,300

1,250

126,928

216,267

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 1-3 years

2,815

9,652

Hire purchase contracts

2,271

12,212

5,086

21,864

8.	RELATED PARTY DISCLOSURES

During the year the director had a loan with the company. At the balance sheet date the amount owed to the director was £39 (2024: £17).