Bakers of Danbury Contracts Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 12199676 (England and Wales)

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

BAKERS OF DANBURY CONTRACTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M H Holland

P J Smyth

REGISTERED OFFICE:

Eves Corner

Danbury

Chelmsford

Essex

CM3 4QB

REGISTERED NUMBER:

12199676 (England and Wales)

SENIOR STATUTORY AUDITOR:

Lee Daley FCA FCCA

AUDITORS:

THP Limited

Chartered Accountants

and Statutory Auditors

Unit 4 Mulgrave Chambers

26-28 Mulgrave Road

Sutton

Surrey

SM2 6LE

FIXED ASSETS

Tangible assets

4

23,486

37,076

CURRENT ASSETS

Debtors

5

5,481,805

4,977,647

Cash at bank

654,890

470,240

6,136,695

5,447,887

CREDITORS

Amounts falling due within one year

6

5,220,870

4,636,000

NET CURRENT ASSETS

915,825

811,887

TOTAL ASSETS LESS CURRENT
LIABILITIES

939,311

848,963

CREDITORS

Amounts falling due after more than one
year

7

(6,292

)

(9,575

)

PROVISIONS FOR LIABILITIES

10

-

(1,928

)

NET ASSETS

933,019

837,460

CAPITAL AND RESERVES

Called up share capital

236,033

Retained earnings

696,986

601,427

933,019

837,460

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 26 May 2026 and were signed on its behalf by:

P J Smyth - Director

1.	STATUTORY INFORMATION

Bakers of Danbury Contracts 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Going concern

The financial statements are prepared on the going concern basis, which assumes the ability of the company to continue its activities for the foreseeable future, being a period of not less than twelve months from the approval of these accounts.

The directors, having considered all the information available, are confident that the company has adequate reserves and resources thereto to continue its operational activities for the foreseeable future.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 1A '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 is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Amounts recoverable on contracts

Revenue from amounts recoverable on contracts is based on the completion stage of those contracts which is based on the costs incurred to date. The stage of completion is calculated by comparing actual costs incurred, mainly in relation to labour and materials, as a proportion of total final expected costs and by using this percentage of completion, an adjustment is made to recognise the appropriate revenue at the forecast margin.

Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

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

-

20% on cost

Motor vehicles

-

20% on cost

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 financial leases are capitalised in the balance sheet and are depreciated over their estimated useful lives.

The interest element of these obligations is charged to the profit and loss account over the relevant period on a straight line basis. The capital element of the future payment is treated as a liability.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

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 18 (2024 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

COST

At 1 October 2024

15,500

103,353

118,853

Disposals

-

(6,434

)

(6,434

)

At 30 September 2025

15,500

96,919

112,419

DEPRECIATION

At 1 October 2024

-

81,777

Charge for year

3,108

10,023

13,131

Eliminated on disposal

-

(5,975

)

(5,975

)

At 30 September 2025

3,108

85,825

88,933

NET BOOK VALUE

At 30 September 2025

12,392

11,094

23,486

At 30 September 2024

15,500

21,576

37,076

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

Motor

vehicles

£

COST

At 1 October 2024

68,200

Transfer to ownership

(68,200

)

At 30 September 2025

-

DEPRECIATION

At 1 October 2024

63,097

Charge for year

5,103

Transfer to ownership

(68,200

)

At 30 September 2025

-

NET BOOK VALUE

At 30 September 2025

-

At 30 September 2024

5,103

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

1,211,128

1,344,311

Amounts recoverable on contracts

904,010

720,953

Other debtors

256,867

288,434

Amounts owed by group undertakings

3,108,227

2,621,432

Deferred tax asset

Accelerated capital allowances

148

-

Prepayments and accrued income

1,425

2,517

5,481,805

4,977,647

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other loans

3,283

Hire purchase contracts (see note 8)

-

5,878

Trade creditors

1,377,772

1,295,323

Amounts owed to group undertakings

2,450,259

1,583,689

Corporation tax

55,828

33,558

Social security and other taxes

58,784

66,425

VAT

338,791

615,211

Other creditors

3,521

4,006

Accruals and deferred income

932,632

1,028,627

5,220,870

4,636,000

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Other loans - 1-2 years

3,283

Other loans - 2-5 years

3,009

6,292

9,575

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

Net obligations repayable:

Within one year

-

5,878

Non-cancellable

operating leases

2025

2024

£

Within one year

13,444

Between one and five years

4,197

17,642

17,641

31,086

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Other loans

9,575

12,858

Hire purchase contracts

-

5,878

9,575

18,736

Liabilities under hire purchase are secured against the assets on hire.

Other loans are secured against the assets financed with fixed interest rates of 8.9% over the term of the loan.

Bank facilities provided by Barclays Bank Plc are secured by a debenture over the assets of the company and its parent and fellow group undertakings.

10.	PROVISIONS FOR LIABILITIES

2024

£

Deferred tax

Accelerated capital allowances

1,928

Deferred

tax

£

Balance at 1 October 2024

1,928

Credit to Income Statement during year

(2,076

)

Balance at 30 September 2025

(148

)

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Lee Daley FCA FCCA (Senior Statutory Auditor)

for and on behalf of THP Limited

12.	PARENT COMPANY

The company is a 100% owned subsidiary of Bakers of Danbury Limited which is both the immediate and ultimate parent company and is incorporated in England and Wales.

Registered address : Eves Corner, Danbury, Chelmsford, Essex, CM3 4BQ.