REGISTERED NUMBER: 05977556 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

Bearings Scaffold Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

8

DIRECTORS:

L Burgoyne

Mrs F Dennison

SECRETARY:

Mrs F Dennison

REGISTERED OFFICE:

7 Merlin Courtyard

Gatehouse Close

Aylesbury

Buckinghamshire

HP19 8DP

REGISTERED NUMBER:

05977556 (England and Wales)

ACCOUNTANTS:

Danton Partners

7 Merlin Courtyard

Gatehouse Close

Aylesbury

Buckinghamshire

HP19 8DP

FIXED ASSETS

Tangible assets

4

238,706

240,255

CURRENT ASSETS

Debtors

5

226,075

188,452

Cash at bank

92

15,170

226,167

203,622

CREDITORS

Amounts falling due within one year

6

254,482

184,178

NET CURRENT (LIABILITIES)/ASSETS

(28,315

)

19,444

TOTAL ASSETS LESS CURRENT LIABILITIES

210,391

259,699

CREDITORS

Amounts falling due after more than one year

7

53,425

105,614

NET ASSETS

156,966

154,085

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

156,866

153,985

SHAREHOLDERS' FUNDS

156,966

154,085

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 8 July 2026 and were signed on its behalf by:

L Burgoyne - Director

1.	STATUTORY INFORMATION

Bearings Scaffold Services 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Improvements to property

-

5% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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 finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 November 2024

20,130

326,445

17,584

267,040

631,199

Additions

-

37,956

4,275

22,950

65,181

At 31 October 2025

20,130

364,401

21,859

289,990

696,380

DEPRECIATION

At 1 November 2024

11,071

249,422

10,312

120,139

390,944

Charge for year

1,006

25,668

1,219

38,837

66,730

Reclassification/transfer

-

(2,813

)

-

2,813

-

At 31 October 2025

12,077

272,277

11,531

161,789

457,674

NET BOOK VALUE

At 31 October 2025

8,053

92,124

10,328

128,201

238,706

At 31 October 2024

9,059

77,023

7,272

146,901

240,255

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

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 November 2024

and 31 October 2025

15,000

191,540

206,540

DEPRECIATION

At 1 November 2024

6,563

51,048

57,611

Charge for year

2,109

31,533

33,642

At 31 October 2025

8,672

82,581

91,253

NET BOOK VALUE

At 31 October 2025

6,328

108,959

115,287

At 31 October 2024

8,437

140,492

148,929

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

194,344

162,951

Other debtors

31,731

25,501

226,075

188,452

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

46,817

14,774

Hire purchase contracts (see note 8)

52,736

48,234

Trade creditors

102,473

55,582

Taxation and social security

22,672

21,067

Other creditors

29,784

44,521

254,482

184,178

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans

1,864

6,411

Hire purchase contracts (see note 8)

51,561

99,203

53,425

105,614

8.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.10.25

31.10.24

£

£

Net obligations repayable:

Within one year

52,736

48,234

Between one and five years

51,561

99,203

104,297

147,437

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

100

Ordinary shares

£1

100

100

10.	RELATED PARTY DISCLOSURES

Included in the other creditors is an amount of £19,925 (2024 - £23,796) due to the directors. The loan is unsecured, interest free with no fixed repayment date.

11.	ULTIMATE CONTROLLING PARTY

The company is controlled by Burgoyne family by virtue of their shareholdings.

12.

CHARGES

HSBC bank Plc holds charges against the company assets for debenture to company.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Danton Partners

7 Merlin Courtyard

Gatehouse Close

Aylesbury

Buckinghamshire

HP19 8DP

8 July 2026