Registered number : 03740518

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BPF WASHROOM SYSTEMS LTD.

DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

BPF Washroom Systems Ltd.

 

Directors' Report and Unaudited Financial Statements

 

For The Year Ended 30 November 2025

 

Contents

Page

 

 

Directors' Report

3

 

 

Profit and Loss Account

4

 

 

Balance Sheet

5 - 6

 

 

Notes to the Financial Statements

7 - 10

BPF Washroom Systems Ltd.

Company No. 03740518

Directors' Report For The Year Ended 30 November 2025

 

The directors present their report and the financial statements for the year ended 30 November 2025.

 

Principal Activity

 

The principal activity of the company during the year was the design, manufacture and supply of washroom systems, including cubicles, IPS systems, vanity units, lockers and associated washroom products throughout the United Kingdom.

 

Statement of Directors' Responsibilities

 

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:

 

*

select suitable accounting policies and then apply them consistently;

*

make judgments and accounting estimates that are reasonable and prudent;

*

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

 

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

 

Directors

 

The directors who held office during the year were as follows:

 

Mr Martin Hargreaves

 

Small Company Rules

 

This report has 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.

 

 

On behalf of the board

 

 

 

 

 

Mr Martin Hargreaves

Director

24th July 2026

BPF Washroom Systems Ltd.

Profit and Loss Account

For The Year Ended 30 November 2025

 

 

30 November

30 November

 

2025

2024

 

£

£

 

 

 

TURNOVER

1,688,0901,944,113

Cost of sales

(1,194,472)

(1,408,013)

 

 

 

GROSS PROFIT

493,618536,100

 

 

 

Administrative expenses

(421,082)

(396,910)

 

 

 

OPERATING PROFIT

72,536139,190

Other interest receivable and similar income

00

Interest payable and similar charges

(13,941)

(21,587)

 

 

 

PROFIT BEFORE TAXATION

58,595117,603

 

 

 

Tax on Profit

(10,598)

(30,164)

 

 

 

PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR

47,99687,439

 

 

 

BPF Washroom Systems Ltd.

Balance Sheet

As at 30 November 2025

 

 

 

30 November 2025

30 November 2024

 

Notes

£

£

£

£

 

 

 

 

 

 

FIXED ASSETS

 

 

 

 

 

Tangible Assets

3

 

53,714

 

40,545

 

 

 

 

 

 

 

 

 

53,714

 

40,545

 

 

 

 

 

 

CURRENT ASSETS

 

 

 

 

 

Stocks

4

19,350

 

22,854

 

Debtors

5

951,334

 

1,058,361

 

Cash at bank and in hand

 

79,822

 

78,803

 

 

 

 

 

 

 

 

 

1,050,506

 

1,160,017

 

 

 

 

 

 

 

Creditors: Amounts Falling Due Within One Year

6

(279,432)

 

(404,842)

 

 

 

 

 

 

 

NET CURRENT ASSETS (LIABILITIES)

 

 

771,074

 

755,176

 

 

 

 

 

 

TOTAL ASSETS LESS CURRENT LIABILITIES

 

 

824,788

 

795,721

 

 

 

 

 

 

Creditors: Amounts Falling Due After More Than One Year

7

 

(6,240)

 

(26,174)

 

 

 

 

 

 

PROVISIONS FOR LIABILITIES

 

 

 

 

 

Deferred Taxation

 

 

(11,563)

 

(10,558)

 

 

 

 

 

 

NET ASSETS

 

 

806,985

 

758,989

 

 

 

 

 

 

CAPITAL AND RESERVES

 

 

 

 

 

Called up share capital

 

 

100

 

100

Share premium account

 

 

9,995

 

9,995

Profit and Loss Account

 

 

796,890

 

748,894

 

 

 

 

 

 

SHAREHOLDERS' FUNDS

 

 

806,985

 

758,989

BPF Washroom Systems Ltd.

Balance Sheet (continued)

As at 30 November 2025

 

For the year ending 30 November 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 in accordance with section 476 of the Companies Act 2006.

*

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

*

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

 

On behalf of the board

 

 

Martin Hargreaves

 

 

Mr Martin Hargreaves

Director

24th July 2026

 

 

The notes on pages 7 to 10 form part of these financial statements

BPF Washroom Systems Ltd.

Notes to the Financial Statements

For The Year Ended 30 November 2025

 

1.     Accounting Policies

 

1.1.     Basis of Preparation of Financial Statements

 

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

 

1.2.     Turnover

 

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

 

Sale of goods

 

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

 

Rendering of services

 

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

 

1.3.     Tangible Fixed Assets and Depreciation

 

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

 

Leasehold

Straight line over the remainder of the lease

Plant & Machinery

10% straight line

Fixtures & Fittings

10% straight line

Computer Equipment

10% straight line

 

1.4.     Stocks and Work in Progress

 

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slowmoving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

 

1.5.     Taxation

 

Income tax expense represents the sum of the tax currently payable and deferred tax.

 

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

BPF Washroom Systems Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

 

Continued..

 

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

 

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

 

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

 

2.     Average Number of Employees

 

Average number of employees during the year was 13 (2024: 13)

 

3.     Tangible Assets

 

 

Land &

 

 

 

 

 

Property

 

 

 

 

 

Leasehold

Plant &

Fixtures &

Computer

Total

 

 

Machinery

Fittings

Equipment

 

 

£

£

£

£

£

 

 

 

 

 

 

Cost

 

 

 

 

 

As at 1 December 2024

123,375585,0479,98492,817811,223

Additions

21,39615,7588336,05644,043

 

 

 

 

 

 

As at 30 November 2025

144,771600,80510,81798,873855,267

 

 

 

 

 

 

Depreciation

 

 

 

 

 

As at 1 December 2024

117,581554,2076,56392,327770,678

Provided during the period

13,59512,1242,1273,02830,874

 

 

 

 

 

 

As at 30 November 2025

131,176566,3318,69095,355801,552

 

 

 

 

 

 

Net Book Value

 

 

 

 

 

As at 30 November 2025

13,59534,4742,1273,51853,714

 

 

 

 

 

 

As at 1 December 2024

5,79430,8403,42149040,545

BPF Washroom Systems Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

 

4.     Stocks

 

 

30 November

30 November

 

2025

2024

 

£

£

 

 

 

Stock - materials

19,35022,854

Stock - work in progress

00

 

 

 

 

19,35022,854

 

5.     Debtors

 

 

30 November

30 November

 

2025

2024

 

£

£

Due within one year

 

 

Trade debtors

166,077316,327

Prepayments and accrued income

9,71816,495

Directors' loan accounts

00

 

 

 

 

175,795332,822

 

 

 

Due after more than one year

 

 

Amounts owed by group undertakings

775,539725,539

 

 

 

 

775,539725,539

 

 

 

Total Debtors

951,3341,058,361

 

6.     Creditors : Amounts Falling Due Within One Year

 

 

30 November

30 November

 

2025

2024

 

£

£

 

 

 

Trade Creditors

58,299113,380

Bank loans and overdrafts

5,0000

Corporation tax

11,57029,556

Other taxes and social security

12,1949,428

VAT

41,14279,000

Other creditors

5,5713,808

Accruals and deferred income

55,65679,669

Directors' loan accounts

90,00090,000

 

 

 

 

279,432404,842

BPF Washroom Systems Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

 

7.     Creditors : Amounts Falling Due After More Than One Year

 

 

30 November

30 November

 

2025

2024

 

£

£

 

 

 

Bank loans

6,24026,174

 

 

 

 

6,24026,174

 

8.     Share Capital

 

 

30 November

30 November

 

2025

2024

 

 

 

Allotted, Called up and fully paid

100100

 

9.     Other commitments

 

The total of future minimum lease payments under non-cancellable operating leases are as following:

 

 

Land and buildings

 

30 November

30 November

 

2025

2024

 

£

£

 

 

 

Within 1 year

65,72060,120

Between 1 and 5 years

128,0000

 

 

 

 

193,72060,120

 

10.     General Information

 

BPF Washroom Systems Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 03740518. The registered office is 606 Central Park, Petherton Road, Bristol, BS14 9BZ.