Registration number: 09008648

Bannister Hall Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 7

Bannister Hall Limited

(Registration number: 09008648)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	6	605,877	388,119
Current assets
Stocks		1,032,822	1,030,441
Debtors	7	1,149,782	1,108,098
Cash at bank and in hand		33,336	31,240
		2,215,940	2,169,779
Creditors: Amounts falling due within one year	8	(354,391)	(295,372)
Net current assets		1,861,549	1,874,407
Total assets less current liabilities		2,467,426	2,262,526
Creditors: Amounts falling due after more than one year	8	(337,122)	(477,526)
Provisions for liabilities		(129,233)	(75,862)
Net assets		2,001,071	1,709,138
Capital and reserves
Called up share capital	9	2	2
Retained earnings		2,001,069	1,709,136
Shareholders' funds		2,001,071	1,709,138

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.

Directors' 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 directors acknowledge their 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 provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 23 June 2026 and signed on its behalf by:
 

......................................... Mr A Lovell Director

Bannister Hall 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.

The address of its registered office is:
Potter Lane
Higher Walton
Preston
Lancashire
PR5 4EN

These financial statements were authorised for issue by the Board on 23 June 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.

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.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

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.

Bannister Hall 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
Plant and machinery	20% on cost
Fixtures and fittings	20% on cost
Motor vehicles	25% reducing balance
Office equipment	20% on cost

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

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.

Bannister Hall 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.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

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.

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 directors) during the year, was 12 (2024 - 12).

4	Profit before tax

Arrived at after charging/(crediting)

Bannister Hall Limited

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

	2025 £	2024 £
Depreciation expense	120,290	125,843

5	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 January 2025	180,000	180,000
At 31 December 2025	180,000	180,000
Amortisation
At 1 January 2025	180,000	180,000
At 31 December 2025	180,000	180,000
Carrying amount
At 31 December 2025	-	-

6	Tangible assets

	Land and buildings £	Fixtures and fittings £	Plant and machinery £	Office equipment £
Cost or valuation
At 1 January 2025	84,672	17,054	397,231	17,259
Additions	-	334,108	-	3,940
At 31 December 2025	84,672	351,162	397,231	21,199
Depreciation
At 1 January 2025	-	17,054	277,263	15,057
Charge for the year	-	33,411	46,763	1,950
At 31 December 2025	-	50,465	324,026	17,007
Carrying amount
At 31 December 2025	84,672	300,697	73,205	4,192
At 31 December 2024	84,672	-	119,968	2,202

Bannister Hall Limited

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

	Motor vehicles  £	Total £
Cost or valuation
At 1 January 2025	664,507	1,180,723
Additions	-	338,048
At 31 December 2025	664,507	1,518,771
Depreciation
At 1 January 2025	483,230	792,604
Charge for the year	38,166	120,290
At 31 December 2025	521,396	912,894
Carrying amount
At 31 December 2025	143,111	605,877
At 31 December 2024	181,277	388,119

Included within the net book value of land and buildings above is £84,672 (2024 - £84,672) in respect of freehold land and buildings.
 

7

Debtors

	Note	2025 £	2024 £
Trade debtors		356,538	361,098
Amounts owed by related parties		475,406	475,406
Other debtors		185,985	235,961
Prepayments		131,853	35,633
		1,149,782	1,108,098

Bannister Hall Limited

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

8

Creditors

	2025 £	2024 £
Due within one year
Trade creditors	138,506	110,797
Taxation and social security	192,085	168,349
Accruals and deferred income	23,800	16,226
	354,391	295,372

	2025 £	2024 £
Due after one year
Other financial liabilities	337,122	477,526

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary A of £0.01 each	100	1	100	1
Ordinary B of £0.01 each	100	1	100	1
	200	2	200	2