BCT Outdoors Limited - Period Ending 2021-12-31

BCT Outdoors Limited

Contents

Balance Sheet	1 to 2
Notes to the Financial Statements	3 to 6

BCT Outdoors Limited

(Registration number: 06037754)
Balance Sheet as at 31 December 2021

	Note	2021 £	2020 £
Fixed assets
Tangible assets	5	61,399	57,999
Investments	6	28,614	28,614
		90,013	86,613
Current assets
Stocks		688,650	608,750
Debtors	7	90,906	95,149
Cash at bank and in hand		53,126	3,759
		832,682	707,658
Creditors: Amounts falling due within one year	8	(703,271)	(589,678)
Net current assets		129,411	117,980
Total assets less current liabilities		219,424	204,593
Creditors: Amounts falling due after more than one year	8	(7,449)	(16,443)
Provisions for liabilities		(11,665)	(11,019)
Net assets		200,310	177,131
Capital and reserves
Called up share capital		2	2
Profit and loss account		200,308	177,129
Shareholders' funds		200,310	177,131

For the financial year ending 31 December 2021 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

BCT Outdoors Limited

(Registration number: 06037754)
Balance Sheet as at 31 December 2021

Approved and authorised by the director on 8 June 2022
 

.........................................

Mr Grant Robert Hinchliffe

Director

BCT Outdoors Limited

Notes to the Financial Statements for the Year Ended 31 December 2021

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 3
Windsor Street
Bradford
West Yorkshire
BD4 7AQ

These financial statements were authorised for issue by the director on 8 June 2022.

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 The Financial Reporting Standard applicable in the UK and Republic of Ireland' .

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.

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
Plant and machinery	20% straight line basis
Fixtures, fittings and equipment	20% straight line basis
Land and building leasehold	20% straight line basis
Motor vehicles	25% straight line basis

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	over 10 years (Fully written off)

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 22 (2020 - 22).

BCT Outdoors Limited

Notes to the Financial Statements for the Year Ended 31 December 2021

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 January 2021	17,000	17,000
At 31 December 2021	17,000	17,000
Amortisation
At 1 January 2021	17,000	17,000
At 31 December 2021	17,000	17,000
Carrying amount
At 31 December 2021	-	-

5	Tangible assets

	Land and buildings leasehold £	Furniture, fittings and equipment  £	Motor vehicles  £	Plant and machinery £
Cost or valuation
At 1 January 2021	52,403	68,671	66,480	248,945
Additions	-	-	-	27,520
At 31 December 2021	52,403	68,671	66,480	276,465
Depreciation
At 1 January 2021	52,094	66,459	56,099	203,848
Charge for the year	309	806	3,775	19,230
At 31 December 2021	52,403	67,265	59,874	223,078
Carrying amount
At 31 December 2021	-	1,406	6,606	53,387
At 31 December 2020	309	2,212	10,381	45,097

BCT Outdoors Limited

Notes to the Financial Statements for the Year Ended 31 December 2021

	Total £
Cost or valuation
At 1 January 2021	436,499
Additions	27,520
At 31 December 2021	464,019
Depreciation
At 1 January 2021	378,500
Charge for the year	24,120
At 31 December 2021	402,620
Carrying amount
At 31 December 2021	61,399
At 31 December 2020	57,999

6	Investments

	2021 £	2020 £
Investments	28,614	28,614

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking	Registered office	Holding	Proportion of voting rights and shares held
			2021	2020
Subsidiary undertakings
Gardens Marquees Ltd		Ordinary	100%	100%

The principal activity of Gardens Marquees Ltd is Dormant.

BCT Outdoors Limited

Notes to the Financial Statements for the Year Ended 31 December 2021

7

Debtors

	Note	2021 £	2020 £
Trade debtors		10,530	23,302
Amounts owed by group undertakings and undertakings in which the company has a participating interest		65,235	65,235
Prepayments		10,230	1,701
Other debtors		4,911	4,911
		90,906	95,149

8

Creditors

Creditors: amounts falling due within one year

	Note	2021 £	2020 £
Due within one year
Loans and borrowings		399,452	349,728
Trade creditors		172,404	77,170
Taxation and social security		69,111	103,865
Other creditors		62,304	58,915
		703,271	589,678

Creditors: amounts falling due after more than one year

	Note	2021 £	2020 £
Due after one year
Loans and borrowings		7,449	16,443