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Registration number: 05659797

B J Campbell South West Limited
Annual Report and Unaudited Filleted Financial Statements
for the Year Ended 31 March 2025

B J Campbell South West Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 9

B J Campbell South West Limited

Company Information

Directors | L R Coulson L C Campbell D Collins

Registered office | Unit 6, Spencer House Morston Court Aisecome Way Weston-super-Mare North Somerset BS22 8NG

Accountants | Burton Sweet Limited Chartered Accountants and Business Advisers Cooper House Lower Charlton Estate Shpeton Mallet Somerset BA4 5QE

B J Campbell South West Limited

(Registration number: 05659797)
Balance Sheet
31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 98,889 | 44,079
Current assets |  |  |
Stocks | 5 | 201,000 | 292,985
Debtors | 6 | 40,035 | 202,545
Cash at bank and in hand |  | 371,419 | 536,497
|  | 612,454 | 1,032,027
Creditors: Amounts falling due within one year | 7 | (228,024) | (560,304)
Net current assets |  | 384,430 | 471,723
Total assets less current liabilities |  | 483,319 | 515,802
Creditors: Amounts falling due after more than one year | 7 | (15,635) | (18,709)
Net assets |  | 467,684 | 497,093
Capital and reserves |  |  |
Called up share capital |  | 151 | 151
Retained earnings |  | 467,533 | 496,942
Shareholders' funds |  | 467,684 | 497,093

B J Campbell South West Limited

(Registration number: 05659797)
Balance Sheet
31 March 2025

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

Directors' 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; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 7 October 2025 and signed on its behalf by:

......................................... L R Coulson Director

B J Campbell South West Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 6, Spencer House
Morston Court
Aisecome Way
Weston-super-Mare
North Somerset
BS22 8NG

These financial statements were authorised for issue by the Board on 7 October 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Sales comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities and are shown net of value added tax. The company recognises sales when the amount of sales can be reliably measured and it is probable that future economic benefits will flow to the entity.

Tax

The tax expense for the period comprises current tax. and is recognised in profit or loss,

B J Campbell South West Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 25% reducing balance
Motor vehicles | 25% reducing balance
Fixtures and fittings | 25% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business and are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress 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. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

B J Campbell South West Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs and interest is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

B J Campbell South West Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

4 | Tangible assets

| Plant and machinery £ | Motor vehicles £ | Total £
Cost or valuation
At 1 April 2024 | 85,251 | 75,281 | 160,532
Additions | - | 91,772 | 91,772
Disposals | (175) | (4,000) | (4,175)
At 31 March 2025 | 85,076 | 163,053 | 248,129
Depreciation
At 1 April 2024 | 68,970 | 47,483 | 116,453
Charge for the year | 4,070 | 28,893 | 32,963
Eliminated on disposal | (176) | - | (176)
At 31 March 2025 | 72,864 | 76,376 | 149,240
Carrying amount
At 31 March 2025 | 12,212 | 86,677 | 98,889
At 31 March 2024 | 16,281 | 27,798 | 44,079

5 | Stocks

| 2025 £ | 2024 £
Work in progress | 201,000 | 292,985

B J Campbell South West Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

6 | Debtors

| 2025 £ | 2024 £
Trade debtors | 5,686 | 145,112
Other debtors | 26,996 | 51,368
Prepayments | 7,353 | 6,065
| 40,035 | 202,545

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 8 | 4,515 | 10,161
Trade creditors |  | 154,707 | 160,835
Inter company loan | 10 | 35,860 | 337,112
Taxation and social security |  | 10,035 | 30,226
Accruals and deferred income |  | 4,400 | 4,200
Other creditors |  | 18,507 | 17,770
|  | 228,024 | 560,304

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 8 | 15,635 | 18,709

8 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Hire purchase contracts | 15,635 | 18,709

B J Campbell South West Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

Current loans and borrowings

| 2025 £ | 2024 £
Hire purchase contracts | 4,515 | 10,161

9 | Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £7,228 (2024 - £Nil).

10 | Related party transactions

Transactions with directors

2025 | At 1 April 2024 £ | Repayments by director £ | At 31 March 2025 £
Advances to director | 44,018 | (44,018) | -