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REGISTERED NUMBER: 04695513 (England and Wales)















B M D Security Limited

Unaudited Financial Statements

for the Year Ended 31 January 2023






B M D Security Limited (Registered number: 04695513)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


B M D Security Limited

Company Information
for the Year Ended 31 January 2023







DIRECTORS: M I Jones
D Jones





SECRETARY: D Jones





REGISTERED OFFICE: 26 Copley Way
Tadworth
Surrey
KT20 5QS





REGISTERED NUMBER: 04695513 (England and Wales)





ACCOUNTANTS: M Goddard & Co
Chartered Accountants
69 Tupwood Lane
Caterham
Surrey
CR3 6DD

B M D Security Limited (Registered number: 04695513)

Abridged Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,277 1,854
1,277 1,854

CURRENT ASSETS
Debtors 123,448 117,052
Cash at bank 1,666 18,969
125,114 136,021
CREDITORS
Amounts falling due within one year 97,330 104,811
NET CURRENT ASSETS 27,784 31,210
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,061

33,064

CREDITORS
Amounts falling due after more than one
year

(27,083

)

(19,167

)

PROVISIONS FOR LIABILITIES (242 ) (352 )
NET ASSETS 1,736 13,545

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 736 12,545
SHAREHOLDERS' FUNDS 1,736 13,545

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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.

B M D Security Limited (Registered number: 04695513)

Abridged Balance Sheet - continued
31 January 2023


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 Balance Sheet for the year ended 31 January 2023 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 27 October 2023 and were signed on its behalf by:





D Jones - Director


B M D Security Limited (Registered number: 04695513)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

B M D Security 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.

Turnover
Turnover represents net invoiced sales of goods and services as well as a provision for the goods and services supplied before the year end but not invoiced until after the year end, excluding value added tax.

Goodwill
Goodwill purchased in the past has not previously been amortised. It is now being amortised over its estimated useful life of 10 years.

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.
Plant and machinery etc - 33% on cost and 20% on reducing balance

Taxation
Taxation for the year 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 year 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

B M D Security Limited (Registered number: 04695513)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2022
and 31 January 2023 8,000
AMORTISATION
At 1 February 2022
and 31 January 2023 8,000
NET BOOK VALUE

At 31 January 2023 -
At 31 January 2022 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2022
and 31 January 2023 9,249
DEPRECIATION
At 1 February 2022 7,395
Charge for year 577
At 31 January 2023 7,972
NET BOOK VALUE
At 31 January 2023 1,277
At 31 January 2022 1,854

6. RELATED PARTY DISCLOSURES

During the year, total dividends of £50,000 (2022 - £80,000) were paid to the directors .

D Jones, a director of the company owed the company £78,077 (2022:£66,571) at the year end. This loan was partly repaid to the company by the 24 October 2023, leaving a balance outstanding amounting to £39,476. The highest balance during the year was £78,077. Interest has been charged on the loan at 3% per annum.

7. ULTIMATE CONTROLLING PARTY

The controlling party is D Jones.