Registration number: 02484679

Beaver Industrial Doors Limited

Contents

Company Information	1
Directors' Report	2
Balance Sheet	3 to 4
Notes to the Financial Statements	5 to 9

Beaver Industrial Doors Limited

Company Information

Directors

D M Reid J C Gardner

Registered office

The Clock Tower Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1UR

Accountants

Burton Sweet Ltd Chartered Accountants & Business Advisors The Clock Tower Unit 5, Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1UR

Beaver Industrial Doors Limited

Directors' Report
Year Ended 31 March 2025

The directors present their report and the financial statements for the year ended 31 March 2025.

Directors of the company

The directors who held office during the year were as follows:

D M Reid

J C Gardner

Principal activity

The principal activity of the company is that of the repair and maintenance of industrial doors.

Small companies provision statement

This report has 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.

Approved by the Board on 3 December 2025 and signed on its behalf by:

.........................................
D M Reid
Director

Beaver Industrial Doors Limited

(Registration number: 02484679)
Balance Sheet
31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	30,759	48,149
Current assets
Stocks	5	117,376	109,939
Debtors	6	57,439	46,535
Cash at bank and in hand		31,995	34,891
		206,810	191,365
Creditors: Amounts falling due within one year	7	(200,897)	(180,954)
Net current assets		5,913	10,411
Total assets less current liabilities		36,672	58,560
Creditors: Amounts falling due after more than one year	7	(13,010)	(31,621)
Net assets		23,662	26,939
Capital and reserves
Called up share capital		1,000	1,000
Retained earnings		22,662	25,939
Shareholders' funds		23,662	26,939

Beaver Industrial Doors Limited

(Registration number: 02484679)
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.

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.

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 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 3 December 2025 and signed on its behalf by:
 

......................................... D M Reid Director

Beaver Industrial Doors Limited

Notes to the 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:
The Clock Tower
Farleigh Court
Old Weston Road
Flax Bourton
Bristol
BS48 1UR

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.

The presentation currency is £ sterling.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Beaver Industrial Doors Limited

Notes to the Financial Statements
Year Ended 31 March 2025

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	33% straight line
Motor vehicles	25% straight line
Office equipment	33% straight line
Fixtures and fittings	15% straight line

Trade debtors

Trade debtors are amounts due from customers for goods sold or services performed in the ordinary course of business.

Trade debtors are recognised initally at the transaction price.

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.

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. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

Beaver Industrial Doors Limited

Notes to the Financial Statements
Year Ended 31 March 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and 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.

3	Staff numbers

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

4	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2024	1,700	14,772	649	62,454	79,575
Disposals	-	(10,622)	(167)	-	(10,789)
At 31 March 2025	1,700	4,150	482	62,454	68,786
Depreciation
At 1 April 2024	723	13,195	498	17,010	31,426
Charge for the year	255	1,370	151	15,613	17,389
Eliminated on disposal	-	(10,621)	(167)	-	(10,788)
At 31 March 2025	978	3,944	482	32,623	38,027
Carrying amount
At 31 March 2025	722	206	-	29,831	30,759
At 31 March 2024	977	1,577	151	45,444	48,149

Beaver Industrial Doors Limited

Notes to the Financial Statements
Year Ended 31 March 2025

5

Stocks

	2025 £	2024 £
Work in progress	5,784	5,800
Stock	111,592	104,139
	117,376	109,939

6

Debtors

	2025 £	2024 £
Trade debtors	54,633	31,383
Prepayments	2,806	15,152
	57,439	46,535

Beaver Industrial Doors Limited

Notes to the Financial Statements
Year Ended 31 March 2025

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Loans and borrowings	9,611	9,611
Trade creditors	165,796	153,350
Taxation and social security	12,139	2,213
Accruals and deferred income	334	-
Other creditors	13,017	15,780
	200,897	180,954

Creditors: amounts falling due after more than one year

	2025 £	2024 £
Due after one year
Loans and borrowings	13,010	22,621
Other non-current financial liabilities	-	9,000
	13,010	31,621

8	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 £34,502 (2024 - £53,594).