Bourlet & Son Limited - Filleted accounts

Registered number

12495535

Bourlet & Son Limited

Filleted Accounts

28 February 2025

Bourlet & Son Limited
Registered number:		12495535
Balance Sheet
as at 28 February 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		9,200			13,800
Tangible assets	4		7,933			9,888
			17,133			23,688

Current assets
Stocks		1,600			1,600
Debtors	5	54,191			43,727
Cash at bank and in hand		8,438			3,253
		64,229			48,580

Creditors: amounts falling due within one year	6	(79,245)			(69,983)

Net current liabilities			(15,016)			(21,403)

Total assets less current liabilities			2,117			2,285


Provisions for liabilities			(1,508)			(1,878)


Net assets			609			407

Capital and reserves
Called up share capital			150			150
Profit and loss account			459			257

Shareholders' funds			609			407

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




D Bourlet
Director
Approved by the board on 13 October 2025

Bourlet & Son Limited
Notes to the Accounts
for the year ended 28 February 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			25% reducing balance
	Motor Vehicles			20% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company exc directors					0		0


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 March 2024							23,000
	At 28 February 2025							23,000

	Amortisation
	At 1 March 2024							9,200
	Provided during the year							4,600
	At 28 February 2025							13,800

	Net book value
	At 28 February 2025							9,200
	At 29 February 2024							13,800

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
				Plant and machinery etc		Motor vehicles		Total
£					£		£
	Cost
	At 1 March 2024			2,963		12,833		15,796
	Additions			142		-		142
	At 28 February 2025			3,105		12,833		15,938

	Depreciation
	At 1 March 2024			1,288		4,620		5,908
	Charge for the year			454		1,643		2,097
	At 28 February 2025			1,742		6,263		8,005

	Net book value
	At 28 February 2025			1,363		6,570		7,933
	At 29 February 2024			1,675		8,213		9,888


5	Debtors					2025		2024
£							£

	Trade debtors					7,612		-
	Other debtors					46,579		43,727
						54,191		43,727

	Amounts due after more than one year included above					10,982		10,982


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					9,436		10,405
	Taxation and social security costs					43,596		32,507
	Other creditors					26,213		27,071
						79,245		69,983


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	P Bourlet
	[Loan 1]	7,536		-		(38)		7,498
	D Bourlet
	[Loan 2] £8,000 repaid 13/5/25	25,003		2,314		-		27,317

		32,539		2,314		(38)		34,815


8	Other information

	Bourlet & Son Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 4 Park Farm
	Inworth
	Colchester
	Essex
	CO5 9SH