BK Plus (Chorley) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06068526 (England and Wales)

Unaudited Financial Statements

for the Period 1 April 2024 to 9 March 2025

for

BK PLUS (CHORLEY) LIMITED

PREVIOUSLY KNOWN AS

ABRAMS ASHTON - CHORLEY LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr I Gould

Mr S L Knight

REGISTERED OFFICE:

Azzurri House

Walsall Road

Aldridge

Walsall

WS9 0RB

REGISTERED NUMBER:

06068526 (England and Wales)

ACCOUNTANTS:

bk plus Limited

Azzurri House

Walsall Road

Aldridge

Walsall

WS9 0RB

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

15,920

22,411

15,920

22,411

CURRENT ASSETS

Debtors

330,687

341,970

Cash at bank and in hand

57,706

36,659

388,393

378,629

CREDITORS

Amounts falling due within one year

188,952

171,396

NET CURRENT ASSETS

199,441

207,233

TOTAL ASSETS LESS CURRENT
LIABILITIES

215,361

229,644

PROVISIONS FOR LIABILITIES

2,031

3,538

NET ASSETS

213,330

226,106

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

213,230

226,006

SHAREHOLDERS' FUNDS

213,330

226,106

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 9 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 9 March 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 Income Statement and an abridged Balance Sheet for the period ended 9 March 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 November 2025 and were signed on its behalf by:

Mr S L Knight - Director

1.	STATUTORY INFORMATION

BK Plus (Chorley) 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.

Reporting period

On the 10/03/2025 the shares in the company were sold to bk plus Limited and it became part of its group, the current accounting period has been shortened to 09/03/2025 to cover the pre-acquisition period. Therefore the 12 month comparative period figures presented in the financial statements are not entirely comparable.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Impairment of assets

At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.

If an impairment subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is immediately recognised in profit or loss.

Taxation

Taxation for the period 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 period 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.

Cash and cash equivalents

Cash and cash equivalents includes cash in hand, deposits held with banks,

and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.

Basic financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments' of FRS 102 to all its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 16 (2024 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 9 March 2025

604,000

AMORTISATION

At 1 April 2024

and 9 March 2025

604,000

NET BOOK VALUE

At 9 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

92,032

Additions

1,400

Disposals

(7,303

)

At 9 March 2025

86,129

DEPRECIATION

At 1 April 2024

69,621

Charge for period

3,536

Eliminated on disposal

(2,948

)

At 9 March 2025

70,209

NET BOOK VALUE

At 9 March 2025

15,920

At 31 March 2024

22,411

6.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

9.3.25

31.3.24

£

Within one year

32,000

Between one and five years

64,000

96,000

128,000

7.	POST BALANCE SHEET EVENTS

On the 10 March 2025 100% of the issued shares in the company were sold to bk plus Limited. On acquisition all net assets of the company were hived up into bk plus Limited.