BJ Hughes Metals (Coseley) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06494005 (England and Wales)

BJ HUGHES METALS (COSELEY) LIMITED

Unaudited Financial Statements for the Year Ended 28 February 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTOR:

BJ Hughes

REGISTERED OFFICE:

Granville House

2 Tettenhall Road

Wolverhampton

West Midlands

WV1 4SB

REGISTERED NUMBER:

06494005 (England and Wales)

ACCOUNTANTS:

Lancaster Haskins Limited

Granville House

2 Tettenhall Road

Wolverhampton

West Midlands

WV1 4SB

FIXED ASSETS

Tangible assets

4

483,051

554,811

CURRENT ASSETS

Stocks

18,800

18,000

Debtors

5

216,116

51,626

Cash at bank

570,813

730,584

805,729

800,210

CREDITORS

Amounts falling due within one year

6

297,663

281,788

NET CURRENT ASSETS

508,066

518,422

TOTAL ASSETS LESS CURRENT
LIABILITIES

991,117

1,073,233

CREDITORS

Amounts falling due after more than one
year

7

(48,018

)

(74,870

)

PROVISIONS FOR LIABILITIES

(120,763

)

(138,703

)

NET ASSETS

822,336

859,660

CAPITAL AND RESERVES

Called up share capital

8

1

Retained earnings

822,335

859,659

SHAREHOLDERS' FUNDS

822,336

859,660

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 27 October 2026 and were signed by:

B J Hughes - Director

1.	STATUTORY INFORMATION

BJ Hughes Metals (Coseley) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Plant and machinery

-

10% on reducing balance

Commercial vehicles

-

10% on reducing balance

Stocks

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

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference shares or non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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.

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 6 (2025 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Commercial

machinery

fittings

vehicles

Totals

£

COST

At 1 March 2025

650,453

7,817

76,788

735,058

Additions

6,400

2,908

67,124

76,432

Disposals

(187,600

)

-

(187,600

)

At 28 February 2026

469,253

10,725

143,912

623,890

DEPRECIATION

At 1 March 2025

173,477

2,817

3,953

180,247

Charge for year

38,886

791

13,996

53,673

Eliminated on disposal

(93,081

)

-

(93,081

)

At 28 February 2026

119,282

3,608

17,949

140,839

NET BOOK VALUE

At 28 February 2026

349,971

7,117

125,963

483,051

At 28 February 2025

476,976

5,000

72,835

554,811

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

Plant and

Commercial

machinery

vehicles

Totals

£

COST

At 1 March 2025

316,630

50,963

367,593

Additions

-

67,124

Disposals

(126,600

)

-

(126,600

)

At 28 February 2026

190,030

118,087

308,117

DEPRECIATION

At 1 March 2025

82,473

56

82,529

Charge for year

24,702

11,803

36,505

Eliminated on disposal

(72,103

)

-

(72,103

)

At 28 February 2026

35,072

11,859

46,931

NET BOOK VALUE

At 28 February 2026

154,958

106,228

261,186

At 28 February 2025

234,157

50,907

285,064

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

Trade debtors

197,252

520

Other debtors

-

3,178

Directors' current accounts

-

29,066

Prepayments

18,864

18,862

216,116

51,626

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

Hire purchase contracts

55,711

63,774

Trade creditors

-

8,150

Social security and other taxes

234,450

201,711

Other creditors

161

1,233

Directors' current accounts

149

-

Accrued expenses

7,192

6,920

297,663

281,788

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

28.2.26

28.2.25

£

Hire purchase contracts

48,018

74,870

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.26

28.2.25

value:

£

1

Ordinary

£1

1

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party of the company is the director.

The following reproduces the text of the report prepared for the director 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 Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of BJ Hughes Metals (Coseley) Limited for the year ended 28 February 2026 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of BJ Hughes Metals (Coseley) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of BJ Hughes Metals (Coseley) Limited and state those matters that we have agreed to state to the director of BJ Hughes Metals (Coseley) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than BJ Hughes Metals (Coseley) Limited and its director for our work or for this report.

It is your duty to ensure that BJ Hughes Metals (Coseley) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of BJ Hughes Metals (Coseley) Limited. You consider that BJ Hughes Metals (Coseley) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of BJ Hughes Metals (Coseley) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Lancaster Haskins Limited

Granville House

2 Tettenhall Road

Wolverhampton

West Midlands

WV1 4SB

27 October 2026