REGISTERED NUMBER: 03453821 (England and Wales)

BOURNE AMENITY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

J Bourne

J Mozley

A Wetherell

REGISTERED OFFICE:

The Wharf

Rye Road

Newenden

Cranbrook

Kent

TN18 5QG

REGISTERED NUMBER:

03453821 (England and Wales)

ACCOUNTANTS:

McCabe Ford Williams

Chartered Accountants

89 King Street

Maidstone

Kent

ME14 1BG

FIXED ASSETS

Tangible assets

5

243,329

327,261

Investments

6

50,000

50,000

293,329

377,261

CURRENT ASSETS

Stocks

142,655

54,913

Debtors

7

3,237,440

2,471,164

Cash at bank and in hand

7,216

482,231

3,387,311

3,008,308

CREDITORS

Amounts falling due within one year

8

2,700,592

2,337,883

NET CURRENT ASSETS

686,719

670,425

TOTAL ASSETS LESS CURRENT LIABILITIES

980,048

1,047,686

CREDITORS

Amounts falling due after more than one year

9

(24,231

)

(67,124

)

PROVISIONS FOR LIABILITIES

(27,804

)

(44,187

)

NET ASSETS

928,013

936,375

CAPITAL AND RESERVES

Called up share capital

12

780

780

Capital redemption reserve

220

220

Retained earnings

927,013

935,375

SHAREHOLDERS' FUNDS

928,013

936,375

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

J Bourne - Director

1.	STATUTORY INFORMATION

Bourne Amenity 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates

In the application of the company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period to which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects both current and future periods. The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are the depreciation charges that are calculated with reference to the useful economic life of fixed assets.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Commercial vehicles

-

25% on reducing balance

Motor Vehicles

-

25% on reducing balance

Tractors

-

15% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks and work in progress

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

a) Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

b) Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand.

c) Impairment of financial assets

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date.

d) Trade and other creditors

Debt instruments like loans and other accounts receivable and payable are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an outright short-term loan not at market rate, the financial asset or liability is measured, initially and subsequently, at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an 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.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

Impairment of non-financial assets

At each reporting date non-financial assets not carried at fair value, like plant and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets, which is the higher of value in use and the fair value less cost to sell, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in profit and loss.

Inventories are also assessed for impairment at each reporting date. Each item of inventory is compared to the last sold date and an impairment loss recognised on a percentage basis in profit and loss.

If an impairment loss is subsequently reversed, the carrying amount of the asset or group of related assets is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset or group of related assets in prior periods. A reversal of an impairment loss is recognised immediately in profit and loss.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 12 ) .

5.	TANGIBLE FIXED ASSETS

Improvements

Plant and

to

Commercial

machinery

property

vehicles

£

£

£

COST

At 1 January 2024

381,774

32,090

57,985

Additions

-

-

-

Disposals

(85,579

)

-

-

Reclassification/transfer

(333

)

-

-

At 31 December 2024

295,862

32,090

57,985

DEPRECIATION

At 1 January 2024

313,502

22,463

41,565

Charge for year

10,061

3,209

4,105

Eliminated on disposal

(80,055

)

-

-

Reclassification/transfer

(42

)

-

-

At 31 December 2024

243,466

25,672

45,670

NET BOOK VALUE

At 31 December 2024

52,396

6,418

12,315

At 31 December 2023

68,272

9,627

16,420

Motor

Furniture

Vehicles

Tractors

& Fixtures

Totals

£

£

£

£

COST

At 1 January 2024

274,553

189,789

3,957

940,148

Additions

-

-

2,116

2,116

Disposals

(33,481

)

(8,370

)

-

(127,430

)

Reclassification/transfer

-

-

333

-

At 31 December 2024

241,072

181,419

6,406

814,834

DEPRECIATION

At 1 January 2024

74,681

158,602

2,074

612,887

Charge for year

49,183

4,678

498

71,734

Eliminated on disposal

(24,874

)

(8,187

)

-

(113,116

)

Reclassification/transfer

-

-

42

-

At 31 December 2024

98,990

155,093

2,614

571,505

NET BOOK VALUE

At 31 December 2024

142,082

26,326

3,792

243,329

At 31 December 2023

199,872

31,187

1,883

327,261

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

Motor

Vehicles

£

COST

At 1 January 2024

210,058

Reclassification/transfer

(33,481

)

At 31 December 2024

176,577

DEPRECIATION

At 1 January 2024

45,547

Charge for year

38,479

Reclassification/transfer

(22,887

)

At 31 December 2024

61,139

NET BOOK VALUE

At 31 December 2024

115,438

At 31 December 2023

164,511

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

50,000

NET BOOK VALUE

At 31 December 2024

50,000

At 31 December 2023

50,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

1,547,776

1,565,293

Amounts owed by group undertakings

899,816

676,706

Other debtors

786,700

228,515

Prepayments

3,148

650

3,237,440

2,471,164

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

-

1,303

Confidential invoice discounting facility

851,920

878,241

Hire purchase contracts (see note 10)

42,894

57,845

Trade creditors

515,101

934,987

Other taxes and PAYE taxes

54,413

53,182

Other creditors

948,110

279,919

Accruals

287,160

131,830

Directors' current accounts

994

576

2,700,592

2,337,883

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts (see note 10)

24,231

67,124

10.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.12.24

31.12.23

£

£

Net obligations repayable:

Within one year

42,894

57,845

Between one and five years

24,231

67,124

67,125

124,969

11.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Bank overdraft

-

1,303

Hire purchase contracts

67,125

124,969

Invoice discounting

851,920

878,241

919,045

1,004,513

Obligations under finance leases or hire purchase agreements are secured on the assets which they finance.

The confidential invoice discounting facility is secured on the trade debtors.

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

780

Ordinary

£1

780

780