REGISTERED NUMBER: 04159159 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

BRIDGESTONES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R L Cooksey

Mrs J Cooksey

Mrs V L Galbraith

SECRETARY:

Mrs J Cooksey

REGISTERED OFFICE:

2 Cromwell Court

Oldham

OL1 1ET

REGISTERED NUMBER:

04159159 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

99,938

547,026

99,938

547,026

CURRENT ASSETS

Debtors

6

1,742,337

1,540,869

Cash at bank and in hand

1,680

1,303

1,744,017

1,542,172

CREDITORS

Amounts falling due within one year

7

420,930

751,501

NET CURRENT ASSETS

1,323,087

790,671

TOTAL ASSETS LESS CURRENT LIABILITIES

1,423,025

1,337,697

CREDITORS

Amounts falling due after more than one year

8

(97,664

)

(102,494

)

PROVISIONS FOR LIABILITIES

(16,959

)

(10,853

)

NET ASSETS

1,308,402

1,224,350

CAPITAL AND RESERVES

Called up share capital

270

270

Share premium

10

35,990

35,990

Revaluation reserve

10

-

41,479

Retained earnings

10

1,272,142

1,146,611

SHAREHOLDERS' FUNDS

1,308,402

1,224,350

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 30 December 2025 and were signed on its behalf by:

R L Cooksey - Director

1.	STATUTORY INFORMATION

Bridgestones 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

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.

Computer software is being amortised evenly over its 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.

Land and buildings

-

not provided

Plant and machinery etc

-

25% on cost and 15% on reducing balance

Having adopted accounting standard FRS 102 section 1A the directors have opted not to continue with the policy to revalue the land and buildings. The land and buildings will be included using the valuation at 1 April 2016 as the deemed cost value and one which the directors believe to be its' fair value.

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 13 (2024 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

3,347

AMORTISATION

At 1 April 2024

and 31 March 2025

3,347

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

435,037

249,599

684,636

Additions

-

64,100

64,100

Disposals

(435,037

)

(75,235

)

(510,272

)

At 31 March 2025

-

238,464

238,464

DEPRECIATION

At 1 April 2024

-

137,610

137,610

Charge for year

-

32,755

32,755

Eliminated on disposal

-

(31,839

)

(31,839

)

At 31 March 2025

-

138,526

138,526

NET BOOK VALUE

At 31 March 2025

-

99,938

99,938

At 31 March 2024

435,037

111,989

547,026

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

125,534

Additions

63,975

Disposals

(53,897

)

At 31 March 2025

135,612

DEPRECIATION

At 1 April 2024

31,383

Charge for year

29,426

Eliminated on disposal

(13,474

)

At 31 March 2025

47,335

NET BOOK VALUE

At 31 March 2025

88,277

At 31 March 2024

94,151

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

305,500

105,251

Other debtors

124,814

123,681

430,314

228,932

Amounts falling due after more than one year:

Amounts owed by group undertakings

1,312,023

1,311,937

Aggregate amounts

1,742,337

1,540,869

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

41,850

213,720

Hire purchase contracts

15,143

14,704

Trade creditors

21,939

38,568

Taxation and social security

128,492

123,099

Other creditors

213,506

361,410

420,930

751,501

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

12,203

Hire purchase contracts

97,664

90,291

97,664

102,494

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdrafts

29,639

160,793

Bank loans

12,211

65,130

41,850

225,923

10.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1 April 2024

1,146,611

35,990

1,182,601

Profit for the year

84,052

84,052

Revaluation reserve

41,479

-

41,479

At 31 March 2025

1,272,142

35,990

1,308,132