Company Registration No. 05814023 (England and Wales)
BM MOTORING CENTRE LIMITED
Unaudited accounts
for the year ended 30 June 2023
BM MOTORING CENTRE LIMITED
Unaudited accounts
Contents
BM MOTORING CENTRE LIMITED
Company Information
for the year ended 30 June 2023
Directors
David Peel
Carol peel
Alan Peel
Abbie Peel
Company Number
05814023 (England and Wales)
Registered Office
53-55 BROAD STREET
STAPLE HILL
BRISTOL
BS16 5LS
ENGLAND
BM MOTORING CENTRE LIMITED
Statement of financial position
as at 30 June 2023
Tangible assets
63,322
74,471
Cash at bank and in hand
70,297
191,004
Creditors: amounts falling due within one year
(103,296)
(124,972)
Net current assets
423,085
483,827
Total assets less current liabilities
486,408
558,299
Creditors: amounts falling due after more than one year
(941)
(976)
Provisions for liabilities
Deferred tax
(12,031)
(14,149)
Net assets
473,436
543,174
Called up share capital
100
100
Profit and loss account
473,336
543,074
Shareholders' funds
473,436
543,174
For the year ending 30 June 2023 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 August 2023 and were signed on its behalf by
David Peel
Director
Company Registration No. 05814023
BM MOTORING CENTRE LIMITED
Notes to the Accounts
for the year ended 30 June 2023
BM MOTORING CENTRE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05814023. The registered office is 53-55 BROAD STREET, STAPLE HILL, BRISTOL, BS16 5LS, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
BM MOTORING CENTRE LIMITED
Notes to the Accounts
for the year ended 30 June 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2022
153,216
40,966
18,950
10,695
223,827
Additions
5,556
-
3,556
4,482
13,594
Revaluations
-
-
(3,315)
-
(3,315)
At 30 June 2023
158,772
40,966
19,191
15,177
234,106
At 1 July 2022
114,347
21,831
5,762
7,416
149,356
Charge for the year
11,103
4,784
2,090
3,948
21,925
Surplus on revaluation
-
-
(497)
-
(497)
At 30 June 2023
125,450
26,615
7,355
11,364
170,784
At 30 June 2023
33,322
14,351
11,836
3,813
63,322
At 30 June 2022
38,869
19,135
13,188
3,279
74,471
Amounts falling due within one year
Trade debtors
12,790
10,222
Accrued income and prepayments
-
11,479
Other debtors
1,678
18,464
Amounts falling due after more than one year
Other debtors
427,044
362,104
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
63,958
52,389
Taxes and social security
16,460
51,045
Loans from directors
(6,320)
-
8
Creditors: amounts falling due after more than one year
2023
2022
Taxes and social security
941
976
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).