Registration number: 05237062

B & L Shutters Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

B & L Shutters Limited

Company Information

Director

Mr RA Butler

Company secretary

Mrs S J Butler

Registered office

Unit 4 Hainge Business Park Hainge Road Tividale West Midlands B69 2NU

Accountants

Neil Westwood & Co Chartered Accountants101 Dixons Green Road Dudley West Midlands DY2 7DJ

B & L Shutters Limited

(Registration number: 05237062)
Balance Sheet as at 28 February 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	216,789	215,628
Current assets
Stocks	5	2,000	9,000
Debtors	6	123,658	95,815
Cash at bank and in hand		159,897	132,277
		285,555	237,092
Creditors: Amounts falling due within one year	7	(152,733)	(136,937)
Net current assets		132,822	100,155
Total assets less current liabilities		349,611	315,783
Creditors: Amounts falling due after more than one year	7	(49,327)	(71,765)
Provisions for liabilities		(7,533)	(4,458)
Net assets		292,751	239,560
Capital and reserves
Called up share capital	8	100	100
Retained earnings		292,651	239,460
Shareholders' funds		292,751	239,560

B & L Shutters Limited

(Registration number: 05237062)
Balance Sheet as at 28 February 2025

For the financial 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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 25 November 2025
 

Mr RA Butler Director

B & L Shutters Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 4 Hainge Business Park
Hainge Road
Tividale
West Midlands
B69 2NU

These financial statements were authorised for issue by the director on 25 November 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

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

The current 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 taxable income.

B & L Shutters Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold property	2% on cost
Motor vehicles	25% reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

B & L Shutters Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 6 (2024 - 7).

4	Tangible assets

	Land and buildings £	Plant and machinery £	Motor vehicles  £	Total £
Cost or valuation
At 1 March 2024	236,277	5,256	93,424	334,957
Additions	-	-	23,500	23,500
At 28 February 2025	236,277	5,256	116,924	358,457
Depreciation
At 1 March 2024	54,344	3,205	61,780	119,329
Charge for the year	4,725	1,074	16,540	22,339
At 28 February 2025	59,069	4,279	78,320	141,668
Carrying amount
At 28 February 2025	177,208	977	38,604	216,789
At 29 February 2024	181,933	2,051	31,644	215,628

Included within the net book value of land and buildings above is £177,208 (2024 - £181,933) in respect of freehold land and buildings.
 

5

Stocks

	2025 £	2024 £
Raw materials and consumables	2,000	9,000

B & L Shutters Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

6

Debtors

Current	2025 £	2024 £
Trade debtors	117,410	95,604
Prepayments	245	211
Other debtors	6,003	-
	123,658	95,815

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	22,122	22,122
Trade creditors		74,998	57,320
Taxation and social security		44,161	42,709
Accruals and deferred income		10,546	11,882
Other creditors		906	2,904
		152,733	136,937

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £22122 (2024 - £22122).

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	49,327	71,765

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £49327 (2024 - £71765).

8	Share capital

Allotted, called up and fully paid shares

B & L Shutters Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	35,686	51,002
Hire purchase contracts	13,641	20,763
	49,327	71,765

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	15,000	15,000
Hire purchase contracts	7,122	7,122
	22,122	22,122