REGISTERED NUMBER: 03805443 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

BRADWELL SKIP SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Slack

C Slack

SECRETARY:

C Slack

REGISTERED OFFICE:

Baker Street

Sheffield

South Yorkshire

S9 3WG

REGISTERED NUMBER:

03805443 (England and Wales)

ACCOUNTANT:

Hill and Co Accountants

106 Holme Lane

Hillsborough

Sheffield

South Yorkshire

S6 4JW

FIXED ASSETS

Intangible assets

4

149,500

135,000

Tangible assets

5

1,590,632

1,581,001

1,740,132

1,716,001

CURRENT ASSETS

Stocks

12,000

30,570

Debtors

6

322,838

269,189

Cash in hand

1,000

1,000

335,838

300,759

CREDITORS

Amounts falling due within one year

7

540,552

591,811

NET CURRENT LIABILITIES

(204,714

)

(291,052

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,535,418

1,424,949

CREDITORS

Amounts falling due after more than one year

8

(930,202

)

(505,750

)

PROVISIONS FOR LIABILITIES

(58,482

)

(58,482

)

NET ASSETS

546,734

860,717

CAPITAL AND RESERVES

Called up share capital

48

48

Revaluation reserve

9

852,870

852,870

Other reserves

(139,948

)

(139,948

)

Retained earnings

(166,236

)

147,747

SHAREHOLDERS' FUNDS

546,734

860,717

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 21 December 2025 and were signed on its behalf by:

C Slack - Director

1.	STATUTORY INFORMATION

Bradwell Skip 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

20% on reducing balance and at variable rates on reducing balance

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 is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 21 (2024 - 19 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 April 2024

125,500

75,000

200,500

Additions

14,500

-

14,500

At 31 March 2025

140,000

75,000

215,000

AMORTISATION

At 1 April 2024

and 31 March 2025

65,500

-

65,500

NET BOOK VALUE

At 31 March 2025

74,500

75,000

149,500

At 31 March 2024

60,000

75,000

135,000

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

187,000

1,916,010

2,103,010

Additions

-

125,942

125,942

Disposals

-

(5,296

)

(5,296

)

At 31 March 2025

187,000

2,036,656

2,223,656

DEPRECIATION

At 1 April 2024

-

522,009

522,009

Charge for year

-

111,280

111,280

Eliminated on disposal

-

(265

)

(265

)

At 31 March 2025

-

633,024

633,024

NET BOOK VALUE

At 31 March 2025

187,000

1,403,632

1,590,632

At 31 March 2024

187,000

1,394,001

1,581,001

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

38,066

DEPRECIATION

At 1 April 2024

and 31 March 2025

7,631

NET BOOK VALUE

At 31 March 2025

30,435

At 31 March 2024

30,435

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

263,602

206,479

Other debtors

59,236

62,710

322,838

269,189

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

167,381

68,809

Hire purchase contracts

66,592

98,519

Trade creditors

188,485

219,729

Taxation and social security

18,355

12,470

Other creditors

99,739

192,284

540,552

591,811

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans

485,312

-

Hire purchase contracts

209,174

210,531

Other creditors

235,716

295,219

930,202

505,750

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Share Loan

25,202

52,477

9.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

852,870

10.	ASSET REVALUATION

The assets of the company were revalued in February 2024 to reflect the true value.