Britannia Services Group Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 02830346

Britannia Services Group Limited

Filleted Unaudited Financial Statements

30 April 2025

Britannia Services Group Limited

Statement of Financial Position

30 April 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		506,025	516,200

Current assets

Debtors	6	1,961,008	1,749,317
Cash at bank and in hand		384,697	582,257
		------------	------------
		2,345,705	2,331,574

Creditors: amounts falling due within one year	7	1,176,971		1,242,197
		------------		------------
Net current assets			1,168,734	1,089,377
			------------	------------
Total assets less current liabilities			1,674,759	1,605,577

Creditors: amounts falling due after more than one year	8		119,800	70,003

Provisions

Taxation including deferred tax	79,000	97,072
	------------	------------
Net assets	1,475,959	1,438,502
	------------	------------

Britannia Services Group Limited

Statement of Financial Position (continued)

30 April 2025

	2025		2024
Note	£	£	£

Capital and reserves

Called up share capital	50,007	50,007
Capital redemption reserve	50,002	50,002
Other reserves	140,000	140,000
Profit and loss account	1,235,950	1,198,493
	------------	------------
Shareholders funds	1,475,959	1,438,502
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 17 December 2025 , and are signed on behalf of the board by:

Mr D Shaw
Director

Company registration number: 02830346

Britannia Services Group Limited

Notes to the Financial Statements

Year ended 30 April 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Britannia House, 45 Britannia Way, Lichfield, Staffordshire, WS14 9UY.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Long leasehold property	-	10% straight line
Plant & Machinery	-	10% reducing balance
Fixtures & Fittings	-	20% reducing balance
Motor Vehicles	-	25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 713 (2024: 845 ).

5. Tangible assets

	Land and buildings	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 May 2024	17,000	1,148,912	86,251	705,340	1,957,503
Additions	–	4,000	8,248	160,799	173,047
Disposals	–	–	–	( 215,503)	( 215,503)
	--------	------------	--------	---------	------------
At 30 April 2025	17,000	1,152,912	94,499	650,636	1,915,047
	--------	------------	--------	---------	------------
Depreciation
At 1 May 2024	10,200	919,492	75,647	435,964	1,441,303
Charge for the year	1,700	23,555	3,454	82,953	111,662
Disposals	–	–	–	( 143,943)	( 143,943)
	--------	------------	--------	---------	------------
At 30 April 2025	11,900	943,047	79,101	374,974	1,409,022
	--------	------------	--------	---------	------------
Carrying amount
At 30 April 2025	5,100	209,865	15,398	275,662	506,025
	--------	------------	--------	---------	------------
At 30 April 2024	6,800	229,420	10,604	269,376	516,200
	--------	------------	--------	---------	------------

Finance leases and hire purchase contracts

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

	Motor vehicles
	£
At 30 April 2025	199,459
	---------
At 30 April 2024	163,002
	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	1,241,109	1,141,996
Other debtors	719,899	607,321
	------------	------------
	1,961,008	1,749,317
	------------	------------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	274,672	569,098
Corporation tax	130,709	80,095
Social security and other taxes	279,874	246,086
Other creditors	491,716	346,918
	------------	------------
	1,176,971	1,242,197
	------------	------------

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

	2025	2024
	£	£
Other creditors	119,800	70,003
	---------	--------

9. Financial instruments

Financial instruments comprise Cash at Bank and Debtors and Creditors all due within one year and under normal trading terms. These are not discounted to net present value. Creditors due in more than one year relate to the sale of share capital and the amount is not discounted to net present value as the difference in amount is not material.

10. Director's advances, credits and guarantees

The director has no loan from the company of which there was £0 (2024 - £0) outstanding at the year end.

11. Related party transactions

The company was under the control of Mr David Shaw throughout the current and previous year. Mr Shaw is the managing director and majority shareholder. The company is related by common shareholder to Britannia Services (UK) Limited, and during the year charged that company £38,050 facilities management fee (2024 - £35,600). As at 30 April 2025 the balance owed from Britannia Services (UK) Limited was £0 (2024 - £0). During the year the company made payments for expenses of £0 (2024 - £0) on behalf of Lava Skull Limited (formerly known as Iceflame Limited), a company in which Mr David Shaw is a director. The balance owing at 30 April 2025 was £204,626 (2024 - £204,626). During the year the company made payment for expenses of £660 (2024 - £48,630) on behalf of Vita Brand Limited, a company in which Mr David Shaw is a director. The balance owing at 30 April 2025 was £70,353 (2024 - £69,693). The company paid rent of £52,800 (2024 - £55,825) to Vita Brand Limited in the year.