B.D.S. Trailers Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01843364 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

B.D.S. TRAILERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K Brooks

Mrs S Brooks

REGISTERED OFFICE:

3 Mill Close

Laughton

Sheffield

S25 1ZG

REGISTERED NUMBER:

01843364 (England and Wales)

ACCOUNTANTS:

Hodgson & Oldfield

Aizlewood's Mill

Nursery Street

Sheffield

S3 8GG

FIXED ASSETS

Tangible assets

4

74,578

43,164

Investment property

5

676,885

751,463

720,049

CURRENT ASSETS

Debtors

6

45,317

6,223

Cash at bank

41,039

177,707

86,356

183,930

CREDITORS

Amounts falling due within one year

7

9,278

14,898

NET CURRENT ASSETS

77,078

169,032

TOTAL ASSETS LESS CURRENT
LIABILITIES

828,541

889,081

PROVISIONS FOR LIABILITIES

32,211

31,756

NET ASSETS

796,330

857,325

CAPITAL AND RESERVES

Called up share capital

12

Fair value reserve

8

299,753

Retained earnings

496,565

557,560

SHAREHOLDERS' FUNDS

796,330

857,325

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 21 October 2025 and were signed on its behalf by:

K Brooks - Director

1.	STATUTORY INFORMATION

B.D.S. Trailers 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 as modified by the revaluation of certain assets.

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

-

33% on cost, 25% on reducing balance and 10% on reducing balance

Investment property

In accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 " The Financial Reporting Standard applicable in the UK and Republic of Ireland " investment properties are revalued annually and the aggregate surplus or deficit after taxation is transferred to a fair value reserve. The Directors consider that this accounting policy results in the financial statements giving a true and fair view. Depreciation is only one of the many factors reflected in the annual valuation and the amount which might otherwise been shown cannot be separately identified or quantified.

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.

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 3 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2023

84,031

Additions

57,749

Disposals

(35,651

)

At 31 October 2024

106,129

DEPRECIATION

At 1 November 2023

40,867

Charge for year

7,270

Eliminated on disposal

(16,586

)

At 31 October 2024

31,551

NET BOOK VALUE

At 31 October 2024

74,578

At 31 October 2023

43,164

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2023

and 31 October 2024

762,700

DEPRECIATION

At 1 November 2023

and 31 October 2024

85,815

NET BOOK VALUE

At 31 October 2024

676,885

At 31 October 2023

676,885

Included in fair value of investment property is freehold land of £ 74,885 (2023 - £ 74,885 ) which is not depreciated.

Fair value at 31 October 2024 is represented by:

£

Valuation in 2022

323,308

Cost

439,392

762,700

If investment property had not been revalued it would have been included at the following historical cost:

31.10.24

31.10.23

£

Cost

439,392

Aggregate depreciation

(85,815

)

(85,815

)

Investment properties were valued on an open market basis on 31 October 2024 by K Brooks, director .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

31.10.23

£

Other debtors

45,317

6,223

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

31.10.23

£

Taxation and social security

1,628

1,729

Other creditors

7,650

13,169

9,278

14,898

8.

RESERVES

Fair

value

reserve

£

At 1 November 2023

and 31 October 2024

299,753

9.	ULTIMATE CONTROLLING PARTY

The controlling party is K Brooks.