B & C Fire Engineering Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05818816

B & C Fire Engineering Limited

Filleted Unaudited Financial Statements

31 May 2025

B & C Fire Engineering Limited

Statement of Financial Position

31 May 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	6	64,786	74,452

Current assets

Stocks		35,675	116,386
Debtors	7	265,582	215,952
Cash at bank and in hand		14,899	47,287
		---------	---------
		316,156	379,625

Creditors: amounts falling due within one year	8	319,951	284,741
		---------	---------
Net current (liabilities)/assets		( 3,795)	94,884
		--------	---------
Total assets less current liabilities		60,991	169,336

Creditors: amounts falling due after more than one year	9	37,999	50,633

Provisions	11,459	17,431
	--------	---------
Net assets	11,533	101,272
	--------	---------

Capital and reserves

Called up share capital	1,500	1,500
Profit and loss account	10,033	99,772
	--------	---------
Member's funds	11,533	101,272
	--------	---------

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 income and retained earnings has not been delivered.

For the year ended 31 May 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 member has 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

B & C Fire Engineering Limited

Statement of Financial Position (continued)

31 May 2025

These financial statements were approved by the board of directors and authorised for issue on 29 May 2026 , and are signed on behalf of the board by:

Mrs K Smallwood
Director

Company registration number: 05818816

B & C Fire Engineering Limited

Notes to the Financial Statements

Year ended 31 May 2025

1. Statutory information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 31e, Blythe Business Park, Sandon Road, Stoke On Trent, Staffordshire, United Kingdom, ST11 9RD.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102 Section 1A, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the Companies Act 2006.

3. Accounting policies

(a) 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.

(b) Going concern

The financial statements have been prepared on the going concern basis as disclosed in note 10.

(c) Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods 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. When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period.

(d) Taxation

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.

(e) Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

(f) Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

(g) 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:

Plant and machinery	-	25% reducing balance
Motor vehicles	-	25% reducing balance

(h) 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.

(i) Stocks

Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

(j) Work in progress

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

(k) 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.

(l) 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.

(m) Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

(n) Defined contribution pension plans

Contributions to the defined contribution pension plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 7 (2024: 7 ).

5. Director's remuneration

The director's aggregate remuneration in respect of qualifying services was:

	2025	2024
	£	£
Remuneration	25,000	30,000
Company contributions to defined contribution pension plans	594	713
	--------	--------
	25,594	30,713
	--------	--------

6. Tangible assets

	Plant and machinery	Motor vehicles	Total
	£	£	£
Cost
At 1 June 2024	118,710	170,289	288,999
Additions	713	9,873	10,586
	---------	---------	---------
At 31 May 2025	119,423	180,162	299,585
	---------	---------	---------
Depreciation
At 1 June 2024	93,904	120,643	214,547
Charge for the year	6,320	13,932	20,252
	---------	---------	---------
At 31 May 2025	100,224	134,575	234,799
	---------	---------	---------
Carrying amount
At 31 May 2025	19,199	45,587	64,786
	---------	---------	---------
At 31 May 2024	24,806	49,646	74,452
	---------	---------	---------

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 31 May 2025	42,276
	--------
At 31 May 2024	45,397
	--------

7. Debtors

	2025	2024
	£	£
Trade debtors	125,457	79,635
Other debtors	140,125	136,317
	---------	---------
	265,582	215,952
	---------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans	29,574	62,800
Trade creditors	68,293	107,111
Corporation tax	66,241	13,109
Social security and other taxes	66,582	12,622
Other creditors	89,261	89,099
	---------	---------
	319,951	284,741
	---------	---------

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

	2025	2024
	£	£
Bank loans	5,834	15,833
Other creditors	32,165	34,800
	--------	--------
	37,999	50,633
	--------	--------

10. Going concern

The director has confirmed that she will continue to provide financial support to the company in order to enable it to finance its trading and other obligations for the foreseeable future.

Based on the above, the financial statements have been prepared on the going concern basis.

11. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	384	1,664
Later than 1 year and not later than 5 years	–	384
	----	-------
	384	2,048
	----	-------

12. Related party transactions

Mrs K Smallwood is a related party by virtue of her directorship of and shareholding in the company. During the year, Mrs K Smallwood operated a director's loan account with the company such that, at the year end, she was owed the sum of £ 56,779 (2024: £ 53,611 ). This loan was interest free and repayable on demand. During the year, the company paid equity dividends on ordinary shares to Mrs K Smallwood in the sum of £21,218 (2024: £19,668).