Company Registration No. 01173108 (England and Wales)
Alfred Bagnall & Sons (North East) Limited
Annual report and financial statements
for the year ended 31 December 2025
Alfred Bagnall & Sons (North East) Limited
Company information
Directors
L J Jeyes
S J Bagnall
Secretary
M R Copping
Company number
01173108
Registered office
Penkridge
Dyehouse Drive
West 26 Industrial Estate
Cleckheaton
BD19 4TY
Auditor
Saffery LLP
10 Wellington Place
Leeds
LS1 4AP
Alfred Bagnall & Sons (North East) Limited
Contents
Page
Directors' report
1
Directors' responsibilities statement
2
Independent auditor's report
3 - 5
Income statement
6
Statement of financial position
7
Statement of changes in equity
8
Notes to the financial statements
9 - 16
Alfred Bagnall & Sons (North East) Limited
Directors' report
For the year ended 31 December 2025
1

The directors present their annual report and financial statements for the year ended 31 December 2025.

Principal activities

The principal activity of the company in that of painting contractors.

Directors

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

L J Jeyes
S J Bagnall
Auditor

The auditor, Saffery LLP, is deemed to be reappointed under section 487(2) of the Companies Act 2006.

Statement of disclosure to auditor

So far as each person who was a director at the date of approving this report is aware, there is no relevant audit information of which the company’s auditor is unaware. Additionally, the directors individually have taken all the necessary steps that they ought to have taken as directors in order to make themselves aware of all relevant audit information and to establish that the company’s auditor is aware of that information.

Going concern

The directors have a reasonable expectation that the company ha s adequate resources to continue in operational existence for the foreseeable future based on the forecasts prepared. The directors have identified no material uncertainties related to events or conditions that may cast doubt over the ability of the company to continue as a going concern. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

Small companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

On behalf of the board
L J Jeyes
Director
6 August 2026
Alfred Bagnall & Sons (North East) Limited
Directors' responsibilities statement
For the year ended 31 December 2025
2

The directors are responsible for preparing the annual 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 these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;

- make judgements and accounting estimates that are reasonable and prudent; and

- 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.

Alfred Bagnall & Sons (North East) Limited
Independent auditor's report
To the members of Alfred Bagnall & Sons (North East) Limited
3
Opinion

We have audited the financial statements of Alfred Bagnall & Sons (North East) Limited (the 'company') for the year ended 31 December 2025 which comprise the income statement, the statement of financial position, the statement of changes in equity and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 31 December 2025 and of its profit for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

- the information given in the directors' r eport for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- the directors' report has been prepared in accordance with applicable legal requirements.

Alfred Bagnall & Sons (North East) Limited
Independent auditor's report
To the members of Alfred Bagnall & Sons (North East) Limited (continued)
4
Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identifie d material misstatements in the directors' r eport. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

- the financial statements are not in agreement with the accounting records and returns; or

- certain disclosures of directors' remuneration specified by law are not made; or

- we have not received all the information and explanations we require for our audit; or

- the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemption in preparing the directors' report and from the requirement to prepare a strategic report.

Responsibilities of directors

As explained more fully in the directors' r esponsibilities s tatement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud are detailed below.

Identifying and assessing risks related to irregularities:

We assessed the susceptibility of the company’s financial statements to material misstatement and how fraud might occur, including through discussions with the directors, discussions within our audit team planning meeting, updating our record of internal controls and ensuring these controls operated as intended. We evaluated possible incentives and opportunities for fraudulent manipulation of the financial statements. We identified laws and regulations that are of significance in the context of the company by discussions with directors and by updating our understanding of the sector in which the company operates.

Laws and regulations of direct significance in the context of the company include The Companies Act 2006 and UK Tax legislation.

Audit response to risks identified

We considered the extent of compliance with these laws and regulations as part of our audit procedures on the related financial statement items including a review of financial statement disclosures. We reviewed the company's records of breaches of laws and regulations, minutes of meetings and correspondence with relevant authorities to identify potential material misstatements arising. We discussed the company's policies and procedures for compliance with laws and regulations with members of management responsible for compliance.

Alfred Bagnall & Sons (North East) Limited
Independent auditor's report
To the members of Alfred Bagnall & Sons (North East) Limited (continued)
5

During the planning meeting with the audit team, the engagement partner drew attention to the key areas which might involve non-compliance with laws and regulations or fraud. We enquired of management whether they were aware of any instances of non-compliance with laws and regulations or knowledge of any actual, suspected or alleged fraud. We addressed the risk of fraud through management override of controls by testing the appropriateness of journal entries and identifying any significant transactions that were unusual or outside the normal course of business. We assessed whether judgements made in making accounting estimates gave rise to a possible indication of management bias. At the completion stage of the audit, the engagement partner’s review included ensuring that the team had approached their work with appropriate professional scepticism and thus the capacity to identify non-compliance with laws and regulations and fraud.

There are inherent limitations in the audit procedures described above and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Sally Appleton (Senior Statutory Auditor)
For and on behalf of Saffery LLP
Statutory Auditors
10 Wellington Place
Leeds
LS1 4AP
6 August 2026
Alfred Bagnall & Sons (North East) Limited
Income statement
For the year ended 31 December 2025
6
2025
2024
£
£
Notes
Turnover
2,249,225
2,696,470
Cost of sales
(1,308,516)
(1,628,294)
Gross profit
940,709
1,068,176
Administrative expenses
(926,880)
(956,842)
Other operating income
3
21,254
16,635
Profit before taxation
35,083
127,969
Tax on profit
(30,689)
(32,416)
Profit for the financial year
4,394
95,553
Alfred Bagnall & Sons (North East) Limited
Statement of financial position
As at 31 December 2025
7
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
5
184,346
164,580
Current assets
Debtors
6
212,892
321,504
Cash at bank and in hand
162,642
165,301
375,534
486,805
Creditors: amounts falling due within one year
7
(425,053)
(434,654)
Net current (liabilities)/assets
(49,519)
52,151
Total assets less current liabilities
134,827
216,731
Creditors: amounts falling due after more than one year
8
(491,000)
(581,000)
Provisions for liabilities
9
(33,619)
(29,917)
Net liabilities
(389,792)
(394,186)
Capital and reserves
Called up share capital
10
5,000
5,000
Profit and loss reserves
(394,792)
(399,186)
Total equity
(389,792)
(394,186)

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

The financial statements were approved by the board of directors and authorised for issue on 6 August 2026 and are signed on its behalf by:
L J Jeyes
Director
Company Registration No. 01173108
Alfred Bagnall & Sons (North East) Limited
Statement of changes in equity
For the year ended 31 December 2025
8
Share capital
Profit and loss reserves
Total
£
£
£
Balance at 1 January 2024
5,000
(494,739)
(489,739)
Year ended 31 December 2024:
Profit and total comprehensive income for the year
-
95,553
95,553
Balance at 31 December 2024
5,000
(399,186)
(394,186)
Year ended 31 December 2025:
Profit and total comprehensive income for the year
-
4,394
4,394
Balance at 31 December 2025
5,000
(394,792)
(389,792)
Alfred Bagnall & Sons (North East) Limited
Notes to the financial statements
For the year ended 31 December 2025
9
1
Accounting policies
Company information

Alfred Bagnall & Sons (North East) Limited ("the Company"), Company number 01173108, is a private Company, limited by shares, registered in England and Wales and incorporated in the United Kingdom. The address of its registered office is Penkridge Dyehouse Drive, West 26 Industrial Estate, Cleckheaton, BD19 4TY.

The company's principal activity is that of painting contractors.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

This company is a qualifying entity for the purposes of FRS 102, being a member of a group where the parent of that group prepares publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the assets, liabilities, financial position and profit or loss of the group. T he company has therefore taken advantage of e xemptions from the following disclosure requirements:

- Section 7 ‘Statement of Cash Flows’: Presentation of a statement of cash flow and related notes and disclosures;

- Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instrument Issues: Interest income/expense and net gains/losses for financial instruments not measured at fair value; basis of determining fair values; details of collateral, loan defaults or breaches, details of hedges, hedging fair value changes recognised in profit or loss and in other comprehensive income;

- Section 26 ‘Share based Payment’: Share-based payment expense charged to profit or loss, reconciliation of opening and closing number and weighted average exercise price of share options, how the fair value of options granted was measured, measurement and carrying amount of liabilities for cash-settled share-based payments, explanation of modifications to arrangements;

- Section 33 ‘Related Party Disclosures’: Compensation for key management personnel.

The financial statements of the company are consolidated in the financial statements of Alfred Bagnall and Sons Limited. T hese consolidated financial statements are available from its registered office, Penkridge Dyehouse Drive, West 26 Industrial Estate, Cleckheaton, BD19 4TY.

1.2
Going concern

These financial statements have been prepared on a going concern basis.true

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future based on the forecasts prepared. The directors have identified no material uncertainties related to events or conditions that may cast doubt over the ability of the company to continue as a going concern. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

Alfred Bagnall & Sons (North East) Limited
Notes to the financial statements (continued)
For the year ended 31 December 2025
1
Accounting policies (continued)
10
1.3
Turnover

Revenue for the year represents applications or invoices to customers for payment for work carried out, adjusted where necessary for any accrued income relating to long-term contract balances, exclusive of VAT and trade discounts.

Profit is recognised on long-term contracts, if the final outcome can be assessed with reasonable certainty, by including in the profit and loss account revenue and related costs as contract activity progresses. Revenue is calculated as that proportion of total contract value which costs to date bear to total expected costs for that contract.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of revenue can be measured reliably;

- it is probable that the company will receive the consideration due under the contract;

- the stage of completion of the contract at the end of the reporting period can be measured reliably; and

- the costs incurred and the costs to complete the contract can be measured reliably.

1.4
Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Motor vehicles
3-4 years

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Alfred Bagnall & Sons (North East) Limited
Notes to the financial statements (continued)
For the year ended 31 December 2025
1
Accounting policies (continued)
11
1.6
Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, and loans to related parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

Basic financial assets

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Basic financial liabilities

Short term creditors are measured at the transaction price. Other financial liabilities, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

1.7
Equity instruments

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

1.8
Taxation

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

Current tax

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

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 income.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

Alfred Bagnall & Sons (North East) Limited
Notes to the financial statements (continued)
For the year ended 31 December 2025
1
Accounting policies (continued)
12
1.9
Retirement benefits

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

1.10
Leases

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

1.11
Government grants

Government grants are recognised at the fair value of the asset receive d or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

1.12

Holiday pay accrual

A liability is recognised to the extent of any unused holiday pay entitlement which is accrued at the Statement of Financial Position date and carried forward to future periods. This is measured at the undiscounted wage cost of the future holiday entitlement so accrued at the Statement of Financial Position date.

2
Critical accounting judgements and key sources of estimation uncertainty

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 where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Critical judgements

The following judgements (apart from those involving estimates) have had the most significant effect on amounts recognised in the financial statements.

Assessing indicators of impairment

In assessing whether there have been any indicators of impairment assets, the directors have considered both external and internal sources of information such as market conditions, counterparty credit ratings and experience of recoverability and where applicable, the ability of the asset to be operated as planned. There have been no indicators of impairments identified during the current financial year.

Alfred Bagnall & Sons (North East) Limited
Notes to the financial statements (continued)
For the year ended 31 December 2025
2
Critical accounting judgements and key sources of estimation uncertainty (continued)
13
Key sources of estimation uncertainty

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows.

Estimating value in use

Where an indication of impairment exists, the directors have carried out an impairment review to determine the recoverable amount of the asset, which is the higher of fair value less cost to sell and value in use. The value in use calculation has required the directors to estimate the future cash flows expected to arise from the asset or the cash generating unit and determine a suitable discount rate in order to calculate present value.

Recoverability of receivables

The Company establishes a provision for receivables that are estimated not to be recoverable. When assessing recoverability the directors have considered factors such as the ageing of the receivables, past experience of recoverability, and the credit profile of individual or groups of customers.

Determining residual values and useful economic lives of tangible assets

The Company depreciates tangible assets over their estimated useful lives. The estimation of the useful lives of tangible assets is based on historic performance as well as expectations about future use and therefore requires estimates and assumptions to be applied. The actual lives of these assets can vary depending on a variety of factors, including technological innovation, product life cycles and maintenance programmes.

Judgement is also applied, when determining the residual values for fixed assets. When determining the residual value, the directors have assessed the amount that the Company would currently obtain for the disposal of the asset, if it were already of the condition expected at the end of its useful life. Where possible this is done with reference to external market prices.

Stage of completion

The company estimates the stage of completion of a contract with reference to the proportion that the incurred costs bear to the total contract costs.

3
Other operating income

Other operating income relates to £21,254 of CITB grants received during the year (2024: £16,635).

4
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
33
40
Alfred Bagnall & Sons (North East) Limited
Notes to the financial statements (continued)
For the year ended 31 December 2025
14
5
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2025
267,010
Additions
98,177
Disposals
(35,510)
At 31 December 2025
329,677
Depreciation and impairment
At 1 January 2025
102,430
Depreciation charged in the year
66,362
Eliminated in respect of disposals
(23,461)
At 31 December 2025
145,331
Carrying amount
At 31 December 2025
184,346
At 31 December 2024
164,580
6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
193,050
305,502
Other debtors
19,842
16,002
212,892
321,504
7
Creditors: amounts falling due within one year
2025
2024
£
£
Amounts owed to group undertakings
282,719
295,950
Corporation tax
5,544
4,925
Other taxation and social security
30,058
24,923
Other creditors
106,732
108,856
425,053
434,654
Alfred Bagnall & Sons (North East) Limited
Notes to the financial statements (continued)
For the year ended 31 December 2025
15
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Amounts owed to group undertakings
491,000
581,000
9
Deferred taxation

The following are the major deferred tax liabilities and assets recognised by the company and movements thereon:

Liabilities
Liabilities
2025
2024
Balances:
£
£
Accelerated capital allowances
34,414
31,226
Short term timing differences
(795)
(1,309)
33,619
29,917
2025
Movements in the year:
£
Liability at 1 January 2025
29,917
Charge to profit or loss
3,702
Liability at 31 December 2025
33,619
10
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary Shares of £1 each
5,000
5,000
5,000
5,000
11
Contingent liabilities

The Company and wider Group are party to a Composite Accounting Agreement, providing a guarantee to Barclays Bank authorising them to set-off interest and credit balances within the Composite Accounting System.

The Company and wider Group have a debenture held with Barclays Bank PLC. The guarantee is secured by a charge on the Company’s assets.

Alfred Bagnall & Sons (North East) Limited
Notes to the financial statements (continued)
For the year ended 31 December 2025
16
12
Operating lease commitments
As lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2025
2024
£
£
Total commitments
35,303
52,828
13
Capital commitments

Amounts contracted for but not provided in the financial statements:

2025
2024
£
£
Acquisition of tangible fixed assets
-
71,257
14
Related party transactions
2025
2024
Amounts due to related parties
£
£
Entities with control, joint control or significant influence over the company and other related parties
747,351
876,950
15
Parent company

The company is controlled by Alfred Bagnall and Sons Limited, the ultimate parent company, registered in England and Wales. There is no ultimate individual controlling party.

Alfred Bagnall and Sons Limited prepares group financial statements, which are the smallest and largest group into which the Company is consolidated, and copies can be obtained from Penkridge Dyehouse Drive, West 26 Industrial Estate, Cleckheaton, BD19 4TY.

2025-12-31 2025-01-01 false false false CCH Software CCH Accounts Production 2026.100 L J Jeyes S J Bagnall M R Copping 01173108 2025-01-01 2025-12-31 01173108 bus:Director1 2025-01-01 2025-12-31 01173108 bus:Director2 2025-01-01 2025-12-31 01173108 bus:CompanySecretary1 2025-01-01 2025-12-31 01173108 bus:RegisteredOffice 2025-01-01 2025-12-31 01173108 2025-12-31 01173108 2024-01-01 2024-12-31 01173108 core:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 01173108 core:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 01173108 2024-12-31 01173108 core:OtherPropertyPlantEquipment 2025-12-31 01173108 core:OtherPropertyPlantEquipment 2024-12-31 01173108 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 01173108 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 01173108 core:Non-currentFinancialInstruments core:AfterOneYear 2025-12-31 01173108 core:Non-currentFinancialInstruments core:AfterOneYear 2024-12-31 01173108 core:CurrentFinancialInstruments 2025-12-31 01173108 core:CurrentFinancialInstruments 2024-12-31 01173108 core:ShareCapital 2025-12-31 01173108 core:ShareCapital 2024-12-31 01173108 core:RetainedEarningsAccumulatedLosses 2025-12-31 01173108 core:RetainedEarningsAccumulatedLosses 2024-12-31 01173108 core:ShareCapital 2023-12-31 01173108 core:RetainedEarningsAccumulatedLosses 2023-12-31 01173108 core:ShareCapitalOrdinaryShareClass1 2025-12-31 01173108 core:ShareCapitalOrdinaryShareClass1 2024-12-31 01173108 core:MotorVehicles 2025-01-01 2025-12-31 01173108 core:OtherPropertyPlantEquipment 2024-12-31 01173108 core:OtherPropertyPlantEquipment 2025-01-01 2025-12-31 01173108 core:Non-currentFinancialInstruments 2025-12-31 01173108 core:Non-currentFinancialInstruments 2024-12-31 01173108 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 01173108 bus:OrdinaryShareClass1 2025-12-31 01173108 bus:OrdinaryShareClass1 2024-12-31 01173108 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 01173108 bus:FRS102 2025-01-01 2025-12-31 01173108 bus:Audited 2025-01-01 2025-12-31 01173108 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP