REGISTERED NUMBER: 12341296 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

BOSTEC LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S P Tracey

Mrs K S Tracey

Mr J D Tracey

REGISTERED OFFICE:

Junction 21 Business Park

Gorse Street

Chadderton

Oldham

Lancashire

OL9 9QH

REGISTERED NUMBER:

12341296 (England and Wales)

ACCOUNTANTS:

Livesey Spottiswood Ltd

Chartered Accountants

17 George Street

St Helens

Merseyside

WA10 1DB

FIXED ASSETS

Intangible assets

4

1,494

865

Tangible assets

5

319,296

197,551

320,790

198,416

CURRENT ASSETS

Stocks

54,892

72,000

Debtors

475,525

333,218

Cash at bank and in hand

71,971

8,002

602,388

413,220

CREDITORS

Amounts falling due within one year

(452,181

)

(273,228

)

NET CURRENT ASSETS

150,207

139,992

TOTAL ASSETS LESS CURRENT LIABILITIES

470,997

338,408

CREDITORS

Amounts falling due after more than one year

(145,842

)

(110,725

)

PROVISIONS FOR LIABILITIES

(18,010

)

(27,672

)

NET ASSETS

307,145

200,011

CAPITAL AND RESERVES

Called up share capital

180

200

Retained earnings

306,965

199,811

307,145

200,011

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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 November 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 24 August 2026 and were signed on its behalf by:

Mr S P Tracey - Director

1.	STATUTORY INFORMATION

Bostec 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 and represents amounts receivable for goods and services rendered, stated net of discounts and of value added tax.

When the outcome of a transaction can be estimated reliably, turnover from service and contract installation work is recognised using the percentage completion method. Amounts recoverable on long-term contracts are included within debtors. Payments on account of long-term contracts are included within creditors.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Number plates are being amortised evenly over their 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.

Improvements to property

-

10% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

30% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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

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 7 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 December 2024

915

Additions

783

At 30 November 2025

1,698

AMORTISATION

At 1 December 2024

50

Amortisation for year

154

At 30 November 2025

204

NET BOOK VALUE

At 30 November 2025

1,494

At 30 November 2024

865

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 December 2024

289,624

Additions

225,770

At 30 November 2025

515,394

DEPRECIATION

At 1 December 2024

92,073

Charge for year

104,025

At 30 November 2025

196,098

NET BOOK VALUE

At 30 November 2025

319,296

At 30 November 2024

197,551

6.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

64,168

38,385

Between one and five years

145,842

110,725

210,010

149,110

Non-cancellable

operating leases

2025

2024

£

£

Within one year

24,324

7,455

Between one and five years

43,633

1,652

67,957

9,107

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

210,010

149,110

The hire purchase liability is secured against the assets to which it relates.