REGISTERED NUMBER: 07428247 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

BS7 Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M J Bailey

A R H Jupp

REGISTERED OFFICE:

2 The Promenade

Gloucester Road

Bristol

Avon

BS7 8AL

REGISTERED NUMBER:

07428247 (England and Wales)

ACCOUNTANTS:

Obsidian Accountancy Limited

Suite 9 Corum Two

Corum Office Park

Crown Way

Warmley

Bristol

BS30 8FJ

FIXED ASSETS

Tangible assets

4

202,923

191,919

CURRENT ASSETS

Debtors

5

371,132

351,079

Cash at bank and in hand

108,944

28,981

480,076

380,060

CREDITORS

Amounts falling due within one year

6

234,237

224,189

NET CURRENT ASSETS

245,839

155,871

TOTAL ASSETS LESS CURRENT LIABILITIES

448,762

347,790

CREDITORS

Amounts falling due after more than one year

7

131,442

158,451

NET ASSETS

317,320

189,339

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

317,318

189,337

SHAREHOLDERS' FUNDS

317,320

189,339

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 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 13 December 2025 and were signed on its behalf by:

M J Bailey - Director

A R H Jupp - Director

1.	STATUTORY INFORMATION

BS7 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.

Tangible fixed assets

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

Land and buildings

-

50 years straight line

Plant and machinery etc

-

25% on cost and 5-7 years straight line

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

190,079

172,852

362,931

Additions

-

41,846

41,846

At 31 March 2025

190,079

214,698

404,777

DEPRECIATION

At 1 April 2024

79,776

91,236

171,012

Charge for year

2,240

28,602

30,842

At 31 March 2025

82,016

119,838

201,854

NET BOOK VALUE

At 31 March 2025

108,063

94,860

202,923

At 31 March 2024

110,303

81,616

191,919

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

371,132

351,079

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

39,467

56,342

Hire purchase contracts (see note 8)

20,712

24,675

Trade creditors

7,220

13,068

Taxation and social security

164,018

126,772

Other creditors

2,820

3,332

234,237

224,189

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

101,161

140,755

Hire purchase contracts (see note 8)

30,281

17,696

131,442

158,451

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.3.25

31.3.24

£

£

Net obligations repayable:

Within one year

20,712

24,675

Between one and five years

30,281

17,696

50,993

42,371

Non-cancellable

operating leases

31.3.25

31.3.24

£

£

Within one year

11,000

11,000

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

140,628

197,097

Hire purchase contracts

50,993

42,371

191,621

239,468

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

M J Bailey

Balance outstanding at start of year

89,406

-

Amounts advanced

89,965

89,406

Amounts repaid

(60,000

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

119,371

89,406

Interest of £3,114 (2024 £2,025) was charged on the directors loan during the year.