REGISTERED NUMBER: 03238521 (England and Wales)

Unaudited Financial Statements for the Year Ended 5 April 2025

for

Beelsby Contractors Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L R Fenwick

J M Fenwick

J R Fenwick

SECRETARY:

L R Fenwick

REGISTERED OFFICE:

Beelsby Hall

Main Road

Beelsby

Grimsby

North East Lincs

DN37 0TN

REGISTERED NUMBER:

03238521 (England and Wales)

BANKERS:

Lloyds Bank

106 High Street

Scunthorpe

North Lincolnshire

DN15 6HG

FIXED ASSETS

Tangible assets

4

1,545,452

1,423,316

CURRENT ASSETS

Stocks

1,451

1,023

Debtors

5

16,153

456,372

Cash at bank

5,573

22,244

23,177

479,639

CREDITORS

Amounts falling due within one year

6

396,566

650,560

NET CURRENT LIABILITIES

(373,389

)

(170,921

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,172,063

1,252,395

PROVISIONS FOR LIABILITIES

355,797

345,880

NET ASSETS

816,266

906,515

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

816,166

906,415

SHAREHOLDERS' FUNDS

816,266

906,515

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

J M Fenwick - Director

1.	STATUTORY INFORMATION

Beelsby Contractors 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.	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.

Plant and machinery etc

-

15% on cost and 10% on cost

Stocks

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 6 April 2024

2,949,098

Additions

500,789

Disposals

(426,869

)

At 5 April 2025

3,023,018

DEPRECIATION

At 6 April 2024

1,525,782

Charge for year

356,063

Eliminated on disposal

(404,279

)

At 5 April 2025

1,477,566

NET BOOK VALUE

At 5 April 2025

1,545,452

At 5 April 2024

1,423,316

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.25

5.4.24

£

£

Trade debtors

8,533

448,071

Other debtors

7,620

8,301

16,153

456,372

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.25

5.4.24

£

£

Trade creditors

13,382

337,888

Taxation and social security

23,184

12,672

Other creditors

360,000

300,000

396,566

650,560

7.	RELATED PARTY DISCLOSURES

5.4.25

5.4.24

£

£

Amounts owed from related parties at the year end

8,452

447,376

Amounts owed to related parties at the year end

-

322,223

Sales made during the year to related parties

2,197,989

2,391,205

Purchases made during the year from related parties

1,595,461

1,766,290

The directors Mr L R Fenwick, Mr J M Fenwick and Mr J R Fenwick have given a guarantee for £60,000 to secure all liabilities of the company to its bankers.

Related parties are businesses in which at least one of the directors has an interest.