Company No: 03815196 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.01.2025		30.09.2023
		£		£
Fixed assets
Tangible assets	4	4,036,296		2,920,773
Investments	5	70,000		70,000
		4,106,296		2,990,773
Current assets
Stocks		1,300,210		1,651,879
Debtors	6	418,148		918,621
Cash at bank and in hand		123,800		0
		1,842,158		2,570,500
Creditors: amounts falling due within one year	7	( 2,401,928)		( 2,340,955)
Net current (liabilities)/assets		(559,770)		229,545
Total assets less current liabilities		3,546,526		3,220,318
Creditors: amounts falling due after more than one year	8	( 648,078)		( 619,423)
Provision for liabilities		( 625,597)		( 418,898)
Net assets		2,272,851		2,181,997
Capital and reserves
Called-up share capital	9	100		100
Profit and loss account		2,272,751		2,181,897
Total shareholders' funds		2,272,851		2,181,997

For the financial period ending 31 January 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 financial statements for the financial period in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Bartlett Contractors Limited (registered number: 03815196) were approved and authorised for issue by the Board of Directors on 26 September 2025. They were signed on its behalf by:

Ms T M Bartlett Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
Hitchcock House
Hilltop Park
Devizes Road
Salisbury
Wiltshire
SP3 4UF
The principal place of business is:
Streart's Yard
Hinton St Mary
Sturminster Newton
Dorset
DT10 1ND

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption in section 399 of the Companies Act 2006 not to prepare consolidated accounts, because the group it heads qualifies as small. The financial statements present information about the Company as an individual entity only.

Reporting period length

The directors have taken the decision to change the company's accounting date to 31 January. The period reported covers the period from 01 October 2023 to 31 January 2025.

Turnover

Turnover represents the fair value of consideration receivable, excluding Value Added Tax, in the ordinary course of business for goods and services provided.
In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Taxation

Current tax
Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
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.

Deferred tax
Deferred tax is recognised on all timing differences at the balance sheet date unless indicated below.
Timing differences are differences between taxable profits and the results as stated in the profit and loss account and other comprehensive income. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

2 - 20 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a basis over its expected useful life, as follows:

Land and buildings	25 years straight line
Plant and machinery	3 - 10 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
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.

Stocks

Stocks are valued at the lower of cost and net realisable value. Cost represents the purchase price of goods. Net realisable value represents the selling price of completed goods less any costs necessary to complete the goods. Provision has been made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

Financial instruments

Classification
The company holds the following financial instruments:
• Short term trade and other debtors and creditors;
• Bank loans; and
• Cash and bank balances.
All financial instruments are classified as basic.

Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.
Except for bank loans, such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.
Bank loans are initially measured at transaction price, including transaction costs, and are subsequently carried at amortised cost using the effective interest method.

Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

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.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

2. Employees

	Period from 01.10.2023 to 31.01.2025		Year ended 30.09.2023
	Number		Number
Monthly average number of persons employed by the Company during the period, including directors	42		40

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 October 2023	360,005		360,005
At 31 January 2025	360,005		360,005
Accumulated amortisation
At 01 October 2023	360,005		360,005
At 31 January 2025	360,005		360,005
Net book value
At 31 January 2025	0		0
At 30 September 2023	0		0

4. Tangible assets

	Land and buildings		Plant and machinery		Total
	£		£		£
Cost
At 01 October 2023	216,646		6,359,012		6,575,658
Additions	57,991		2,443,183		2,501,174
Disposals	0		( 953,423)		( 953,423)
At 31 January 2025	274,637		7,848,772		8,123,409
Accumulated depreciation
At 01 October 2023	3,745		3,651,140		3,654,885
Charge for the financial period	108		1,087,643		1,087,751
Disposals	0		( 655,523)		( 655,523)
At 31 January 2025	3,853		4,083,260		4,087,113
Net book value
At 31 January 2025	270,784		3,765,512		4,036,296
At 30 September 2023	212,901		2,707,872		2,920,773

5. Fixed asset investments

Investments in subsidiaries

	31.01.2025
	£
Cost
At 01 October 2023	70,000
At 31 January 2025	70,000
Carrying value at 31 January 2025	70,000
Carrying value at 30 September 2023	70,000

Investments in shares

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Name of entity	Registered office	Principal activity	Class of shares	Ownership 31.01.2025	Ownership 30.09.2023	Held
Marnhull Stone Limited	Stearts Yard, Hinton St Mary, Sturminster Newton, Dorset, DT10 1NA England and Wales	The principal activity of Marnhull Stone Limited is the extraction, processing and sale of stone.	Ordinary £1	100.00%	100.00%	Direct

6. Debtors

	31.01.2025		30.09.2023
	£		£
Trade debtors	169,577		775,410
Other debtors	248,571		143,211
	418,148		918,621

7. Creditors: amounts falling due within one year

	31.01.2025		30.09.2023
	£		£
Bank loans and overdrafts	10,000		330,094
Trade creditors	1,065,569		1,141,352
Taxation and social security	394,823		359,588
Obligations under finance leases and hire purchase contracts	900,238		453,785
Other creditors	31,298		56,136
	2,401,928		2,340,955

The bank loan is secured by a floating charge that covers all of the property owned by the company.

8. Creditors: amounts falling due after more than one year

	31.01.2025		30.09.2023
	£		£
Bank loans	5,000		19,167
Obligations under finance leases and hire purchase contracts	643,078		600,256
	648,078		619,423

The bank loan is secured by a floating charge that covers all of the property owned by the company.

9. Called-up share capital

	31.01.2025		30.09.2023
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

10. Related party transactions

Marnhull Stone Limited
At the year end a total of £68,292 (2023: £77,996) of trade debt which has been fully provided against.