BPLW LIMITED


Directors	PRATT, Benjamin Peter Mark
	WATSON, Lucy Katherine


Company Secretary	WATSON, Lucy Katherine


Registered Address	Units 23-24 Llambed Industrial Estate
	Tregaron Road
	Lampeter
	SA48 8LT


Registered Number	07837733 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		1,600		2,400
Tangible assets	4		143,340		166,617
Investments	5		200		200
			145,140		169,217
Current assets
Stocks	6	135,000		135,000
Debtors		131,336		123,332
Cash at bank and on hand		371,194		344,179
		637,530		602,511
Creditors amounts falling due within one year	7	(327,994)		(314,266)
Net current assets (liabilities)			309,536		288,245
Total assets less current liabilities			454,676		457,462
Provisions for liabilities	8		(30,776)		(28,752)
Net assets			423,900		428,710
Capital and reserves
Called up share capital			2		2
Profit and loss account			423,898		428,708
Shareholders' funds			423,900		428,710

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 15 May 2026, and are signed on its behalf by:

PRATT, Benjamin Peter Mark
Director
Registered Company No. 07837733

BPLW LIMITED

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Going concern
	These financial statements have been prepared on a going concern basis.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Intangible assets including goodwill are initially recognised at cost and subsequently measured less accumulated amortisation and accumulated impairment losses. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	54		54

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 January 25	17,460	17,460
At 31 December 25	17,460	17,460
Amortisation and impairment
At 01 January 25	15,060	15,060
Charge for year	800	800
At 31 December 25	15,860	15,860
Net book value
At 31 December 25	1,600	1,600
At 31 December 24	2,400	2,400

4.	Tangible fixed assets

	Land & buildings	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 January 25	30,635	233,834	132,102	21,110	417,681
Additions	-	24,530	8,234	866	33,630
At 31 December 25	30,635	258,364	140,336	21,976	451,311
Depreciation and impairment
At 01 January 25	-	146,042	85,184	19,838	251,064
Charge for year	-	38,261	17,832	814	56,907
At 31 December 25	-	184,303	103,016	20,652	307,971
Net book value
At 31 December 25	30,635	74,061	37,320	1,324	143,340
At 31 December 24	30,635	87,792	46,918	1,272	166,617

5.	Fixed asset investments

	Other investments¹	Total
	£	£
Cost or valuation
At 01 January 25	200	200
At 31 December 25	200	200
Net book value
At 31 December 25	200	200
At 31 December 24	200	200

	Notes
	¹Other investments other than loans

6.	Stocks

	2025	2024
	£	£
Other stocks	135,000	135,000
Total	135,000	135,000

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	183,440	155,977
Taxation and social security	44,902	45,156
Other creditors	69,476	96,305
Accrued liabilities and deferred income	30,176	16,828
Total	327,994	314,266


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	30,776	28,752
Total	30,776	28,752

9.	Related party transactions
	As at the balance sheet date the company owed its directors £82,796 (2021: £75,136). No interest is charged and the amount is repayable in full on demand.