REGISTERED NUMBER: 00971136 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

FOR

B.N.W. COMPANY (BAKERY) SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R Ferguson

Mr A Coulson

REGISTERED OFFICE:

2 Coulton Road

Lomeshaye Industrial Estate

Nelson

Lancashire

BB9 5ST

REGISTERED NUMBER:

00971136 (England and Wales)

ACCOUNTANTS:

Ainsworths Limited

Chartered Accountants

Charter House

Stansfield Street

Nelson

Lancashire

BB9 9XY

FIXED ASSETS

Tangible assets

4

226,141

302,205

CURRENT ASSETS

Stocks

550,065

310,905

Debtors

5

1,606,071

1,665,940

Cash at bank and in hand

3,556

130,207

2,159,692

2,107,052

CREDITORS

Amounts falling due within one year

6

256,294

257,665

NET CURRENT ASSETS

1,903,398

1,849,387

TOTAL ASSETS LESS CURRENT LIABILITIES

2,129,539

2,151,592

PROVISIONS FOR LIABILITIES

4,561

9,784

NET ASSETS

2,124,978

2,141,808

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,124,878

2,141,708

SHAREHOLDERS' FUNDS

2,124,978

2,141,808

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2025 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 10th December 2025 and were signed on its behalf by:

Mr R Ferguson - Director

Mr A Coulson - Director

1.	STATUTORY INFORMATION

B.N.W. Company (Bakery) 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

The company has two types of turnover, that of the manufacture of industrial bakery equipment and the sale of spare parts. Turnover will only be recognised when significant risks and rewards have passed to the buyer, usually on dispatch of the goods, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Turnover from manufacture of bakery equipment is usually recognised on commissioning of the plant. Turnover from contracts in progress at the reporting period end will be by reference to the stage of completion. Stage of completion is measured by reference to the labour hours incurred to date as a percentage of total estimated labour hours for each contract.

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

-

10% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost of stocks is calculated using the average cost method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Contract work-in-progress is stated at cost plus attributable overheads, less provision for any known or anticipated losses and progress payments receivable on account.

Progress payments are included under trade creditors to the extent that they exceed the related work-in-progress.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 9 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1st October 2024

146,477

258,300

22,994

427,771

Disposals

-

(27,017

)

(969

)

(27,986

)

At 30th September 2025

146,477

231,283

22,025

399,785

DEPRECIATION

At 1st October 2024

48,431

71,043

6,092

125,566

Charge for year

11,427

44,914

4,360

60,701

Eliminated on disposal

-

(11,654

)

(969

)

(12,623

)

At 30th September 2025

59,858

104,303

9,483

173,644

NET BOOK VALUE

At 30th September 2025

86,619

126,980

12,542

226,141

At 30th September 2024

98,046

187,257

16,902

302,205

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

203,949

71,092

Amounts owed by group undertakings

1,250,786

1,397,650

Other debtors

151,336

197,198

1,606,071

1,665,940

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade creditors

210,188

187,053

Taxation and social security

6,646

21,584

Other creditors

39,460

49,028

256,294

257,665

7.	CONTINGENT LIABILITIES

The Company has guaranteed to the bank the bank borrowings of connected companies. The aggregate amount of those bank borrowings outstanding at 30th September 2025 was £Nil (2024: £Nil).