REGISTERED NUMBER: 06732022 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

BKS SPECIALIST SERVICES LIMITED

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

D Coles

REGISTERED OFFICE:

86 Chapel Street

Bicester

Oxfordshire

OX26 6BD

REGISTERED NUMBER:

06732022 (England and Wales)

ACCOUNTANTS:

IJC Accounting & Taxation Services Limited

Chartered Certified Accountants

4 Centenary Road

Middleton Cheney

Nr Banbury

Northamptonshire

OX17 2SJ

FIXED ASSETS

Tangible assets

4

660,337

650,309

Investments

5

60,000

63,350

720,337

713,659

CURRENT ASSETS

Stocks

9,857

9,011

Debtors

585,576

583,423

Cash at bank

175,801

242,670

771,234

835,104

CREDITORS

Amounts falling due within one year

110,155

154,152

NET CURRENT ASSETS

661,079

680,952

TOTAL ASSETS LESS CURRENT LIABILITIES

1,381,416

1,394,611

PROVISIONS FOR LIABILITIES

6

7,208

5,582

NET ASSETS

1,374,208

1,389,029

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Retained earnings

1,373,208

1,388,029

SHAREHOLDERS' FUNDS

1,374,208

1,389,029

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 October 2025 and were signed by:

D Coles - Director

1.	STATUTORY INFORMATION

BKS Specialist Services 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.

Significant judgements and estimates

The preparation of financial statements requires the use of certain accounting estimates. It also requires management to exercise its judgement in the process of applying accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements, are disclosed in the accounting policies.

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover

Turnover represents net invoiced courier and logistic services provided, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office Equipment

-

25% on reducing balance

Plant & Equipment

-

20% on reducing balance

Motor Vehicles

-

25% on reducing balance

Work in progress

Work in progress consists of logistic services undertaken but not billed as at the year end.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern

The directors have not identified any material uncertainties that would cast doubt over the company's ability to continue to trade as a going concern. Accordingly, the going concern basis of accounting has been adopted.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1 April 2024

673,273

Additions

20,855

At 31 March 2025

694,128

DEPRECIATION

At 1 April 2024

22,964

Charge for year

10,827

At 31 March 2025

33,791

NET BOOK VALUE

At 31 March 2025

660,337

At 31 March 2024

650,309

Cost or valuation at 31 March 2025 is represented by:

Totals

£

Valuation in 2020

600,000

Cost

94,128

694,128

If Freehold Property had not been revalued it would have been included at the following historical cost:

31.3.25

31.3.24

£

£

Cost

652,939

652,939

Freehold Property was valued on an open market basis on 31 March 2020 by an independent valuer .

Independent appraisals are undertaken annually to assess any significant change in market valuation.

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 April 2024

63,350

Impairments

(3,350

)

At 31 March 2025

60,000

NET BOOK VALUE

At 31 March 2025

60,000

At 31 March 2024

63,350

Investments are appraised annually to asses any significant change in deemed valuations.

6.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

7,208

5,582

Deferred

tax

£

Balance at 1 April 2024

5,582

Provided during year

1,626

Balance at 31 March 2025

7,208

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1,000

Ordinary

£1

1,000

1,000

8.	RELATED PARTY DISCLOSURES

A loan of £203,499 advanced to the director in 2021 remains outstanding. The loan is interest free with no fixed repayment date.

9.	ULTIMATE CONTROLLING PARTY

By virtue of his shareholding, D Coles is the ultimate controlling party.