REGISTERED NUMBER: 03880908 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

Bedford & Co Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A C A Bedford

S P Hartrey

SECRETARY:

S P Hartrey

REGISTERED OFFICE:

128 High Street

Crediton

Devon

EX17 3LQ

REGISTERED NUMBER:

03880908 (England and Wales)

ACCOUNTANTS:

Bedford & Co Limited

128 High Street

Crediton

Devon

EX17 3LQ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

8,930

9,663

8,930

9,663

CURRENT ASSETS

Debtors

6

176,931

166,383

Cash at bank and in hand

242,407

251,743

419,338

418,126

CREDITORS

Amounts falling due within one year

7

206,507

180,914

NET CURRENT ASSETS

212,831

237,212

TOTAL ASSETS LESS CURRENT LIABILITIES

221,761

246,875

PROVISIONS FOR LIABILITIES

2,232

2,416

NET ASSETS

219,529

244,459

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

219,429

244,359

SHAREHOLDERS' FUNDS

219,529

244,459

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 22 May 2026 and were signed on its behalf by:

A C A Bedford - Director

S P Hartrey - Director

1.	STATUTORY INFORMATION

Bedford & Co 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.

Significant judgements and estimates

In the application of the company's accounting policies the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision effects only that period, or in the period of revision and future periods if the revision affects both current and future periods.

There were no significant judgements or estimates made by the directors in the preparation of these financial statements.

Revenue recognition

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

Revenue is recognised when the amount can be reliably measured and it is probable that future economic benefits will pass to the company.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, was amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on cost

Financial instruments

The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable.

Trade debtors, creditors and other accounts receivable and payable are recognised at transaction price. Amounts receivable or payable within one year continue to be measured, after their initial recognition, at the undiscounted amount of cash or other consideration expected to be received or paid.

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.

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 19 (2024 - 19 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

150,000

AMORTISATION

At 1 December 2024

and 30 November 2025

150,000

NET BOOK VALUE

At 30 November 2025

-

At 30 November 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2024

80,239

Additions

4,310

At 30 November 2025

84,549

DEPRECIATION

At 1 December 2024

70,576

Charge for year

5,043

At 30 November 2025

75,619

NET BOOK VALUE

At 30 November 2025

8,930

At 30 November 2024

9,663

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

168,589

160,117

Other debtors

8,342

6,266

176,931

166,383

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Amounts owed to group undertakings

70,224

63,724

Taxation and social security

81,194

68,905

Other creditors

55,089

48,285

206,507

180,914