Banff Securities Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 00740442

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	1,202,549		1,196,807
Debtors	5	-		3,225
Cash at bank and in hand		954		1,058

		1,203,503		1,201,090
Creditors: Amounts Falling Due Within One Year	6	(6,220 )		(47,783 )

NET CURRENT ASSETS (LIABILITIES)			1,197,283		1,153,307

TOTAL ASSETS LESS CURRENT LIABILITIES			1,197,283		1,153,307

Creditors: Amounts Falling Due After More Than One Year	7		(193,621 )		(149,645 )

NET ASSETS			1,003,662		1,003,662

CAPITAL AND RESERVES
Called up share capital	8		40		40
Profit and Loss Account			1,003,622		1,003,622

SHAREHOLDERS' FUNDS			1,003,662		1,003,662

Page 1

Page 2

Banff Securities Limited

Balance Sheet (continued)

As At 28 February 2025

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs S A Evans

Director

28 February 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Banff Securities Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00740442 . The registered office is Harefield Hall 171 Bath Road, Longwell Green, Bristol, BS30 9DD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006

2.2. 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.

2.3. 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 slow-moving 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Stocks

	2025	2024
	£	£
Stock	1,202,549	1,196,807

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	3,225

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	6,220	14,077
Amounts owed to joint ventures	-	33,706

	6,220	47,783

Page 3

Page 4

Banff Securities Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

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

	2025	2024
	£	£
J E Holdings Limited	33,706	-
Mr D Jones	8,083	8,083
Supply Chainge Management Ltd	30,000	30,000
S Evans Transport Ltd	121,832	111,562

	193,621	149,645

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	40	40

9. Controlling Party

The company is wholly owned by subsidiary of JE Holdings Limited, a company incorporated in England and Wales.