Registration number: 10465148

BAPP Industrial Supplies (West Midlands) Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 11

BAPP Industrial Supplies (West Midlands) Limited

Company Information

Chairman

Mr Dean Garth Cook

Director

Mr Gavin Barnes

Registered office

Unit 19 Kelvin Way Industrial Estate West Bromwich West Midlands B70 7TW

Accountants

Thorntons Accounting Limited Chartered Certified Accountants 176-178 Pontefract Road Cudworth Barnsley South Yorkshire S72 8BE

BAPP Industrial Supplies (West Midlands) Limited

(Registration number: 10465148)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	119,669	87,284
Current assets
Stocks	5	80,077	60,077
Debtors	6	516,665	564,731
Cash at bank and in hand		1,039,060	944,884
		1,635,802	1,569,692
Creditors: Amounts falling due within one year	7	(1,047,812)	(1,074,947)
Net current assets		587,990	494,745
Total assets less current liabilities		707,659	582,029
Provisions for liabilities		(29,518)	(14,512)
Net assets		678,141	567,517
Capital and reserves
Called up share capital	8	50,099	50,099
Retained earnings		628,042	517,418
Shareholders' funds		678,141	567,517

For the financial year ending 31 December 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 members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 14 April 2026
 

BAPP Industrial Supplies (West Midlands) Limited

(Registration number: 10465148)
Balance Sheet as at 31 December 2025

......................................... Mr Dean Garth Cook Chairman

BAPP Industrial Supplies (West Midlands) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Unit 19
Kelvin Way Industrial Estate
West Bromwich
West Midlands
B70 7TW

These financial statements were authorised for issue by the director on 14 April 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

BAPP Industrial Supplies (West Midlands) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor vehicles	25% Straight line basis
Short Leasehold	10% Straight line basis
Plant and machinery	20% Straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

BAPP Industrial Supplies (West Midlands) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

BAPP Industrial Supplies (West Midlands) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 13 (2024 - 12).

4	Tangible assets

	Short leasehold land and buildings £	Plant and machinery £	Motor vehicles  £	Total £
Cost or valuation
At 1 January 2025	4,020	15,812	161,977	181,809
Additions	-	-	115,793	115,793
Disposals	-	-	(105,520)	(105,520)
At 31 December 2025	4,020	15,812	172,250	192,082
Depreciation
At 1 January 2025	-	14,906	79,619	94,525
Charge for the year	402	228	58,520	59,150
Eliminated on disposal	-	-	(81,262)	(81,262)
At 31 December 2025	402	15,134	56,877	72,413
Carrying amount
At 31 December 2025	3,618	678	115,373	119,669
At 31 December 2024	4,020	906	82,358	87,284

Included within the net book value of land and buildings above is £3,618 (2024 - £4,020) in respect of short leasehold land and buildings.
 

BAPP Industrial Supplies (West Midlands) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

5

Stocks

	2025 £	2024 £
Other inventories	80,077	60,077

BAPP Industrial Supplies (West Midlands) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

6

debtors

	2025 £	2024 £
Trade debtors	491,395	546,987
Prepayments	25,270	17,744
	516,665	564,731

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	315,729	246,158
Trade creditors		298,678	308,033
Taxation and social security		101,397	176,023
Accruals and deferred income		35,545	52,316
Other creditors		296,463	292,417
		1,047,812	1,074,947

BAPP Industrial Supplies (West Midlands) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	50,099	50,099	50,099	50,099

9	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Other borrowings	315,729	246,158

10	Related party transactions

Director's remuneration

The director's remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	18,200	18,200
Contributions paid to money purchase schemes	-	500
	18,200	18,700

BAPP Industrial Supplies (West Midlands) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Summary of transactions with entities with joint control or significant interest

In the ordinary course of business the company buys goods and services and also sells them. The aggregate of these transactions was as follows;
 

Income and receivables from related parties

2025	Entities with joint control or significant influence £
Sale of goods	39,862

2024	Entities with joint control or significant influence £
Sale of goods	33,847

Expenditure with and payables to related parties

2025	Entities with joint control or significant influence £
Purchase of goods	1,335,616
Rendering of services	316,011
	1,651,627

2024	Entities with joint control or significant influence £
Purchase of goods	1,454,598
Rendering of services	289,873
	1,744,471