1 June 2022 false No description of principal activity Taxfiler 2023.10 10706454business:PrivateLimitedCompanyLtd2022-06-012023-05-31 107064542022-05-31 107064542022-06-012023-05-31 10706454business:AuditExemptWithAccountantsReport2022-06-012023-05-31 10706454business:FilletedAccounts2022-06-012023-05-31 107064542023-05-31 10706454business:Director12022-06-012023-05-31 10706454business:Director22022-06-012023-05-31 10706454business:RegisteredOffice2022-06-012023-05-31 107064542022-05-31 10706454core:WithinOneYear2023-05-31 10706454core:WithinOneYear2022-05-31 10706454core:AfterOneYear2023-05-31 10706454core:AfterOneYear2022-05-31 10706454core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 10706454core:ShareCapitalcore:PreviouslyStatedAmount2022-05-31 10706454core:SharePremiumcore:PreviouslyStatedAmount2023-05-31 10706454core:SharePremiumcore:PreviouslyStatedAmount2022-05-31 10706454core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 10706454core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-31 10706454core:PreviouslyStatedAmount2023-05-31 10706454core:PreviouslyStatedAmount2022-05-31 10706454business:SmallEntities2022-06-012023-05-31 10706454countries:EnglandWales2022-06-012023-05-31 10706454core:LandBuildings2022-05-31 10706454core:ComputerEquipment2022-05-31 10706454core:LandBuildings2022-06-012023-05-31 10706454core:ComputerEquipment2022-06-012023-05-31 10706454core:LandBuildings2023-05-31 10706454core:ComputerEquipment2023-05-31 107064542021-06-012022-05-31 iso4217:GBP xbrli:pure
Company Registration No. 10706454 (England and Wales)
BPM Rentals Ltd Unaudited accounts for the year ended 31 May 2023
BPM Rentals Ltd Company Information for the year ended 31 May 2023
Directors
Stephen Lee Maguire Louise Harthen
Company Number
10706454 (England and Wales)
Registered Office
18 SUNNYFIELD ROAD STOCKPORT SK4 3HS UNITED KINGDOM
Accountants
HHK Accountancy Services Ltd Suite 212 Oakland House 21 Hope Carr Road Leigh, Wigan WN7 3ET
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BPM Rentals Ltd Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,900,149 
1,655,392 
Current assets
Debtors
4,094 
4,549 
Cash at bank and in hand
10,238 
10,146 
14,332 
14,695 
Creditors: amounts falling due within one year
(299,296)
(295,131)
Net current liabilities
(284,964)
(280,436)
Total assets less current liabilities
1,615,185 
1,374,956 
Creditors: amounts falling due after more than one year
(661,192)
(664,250)
Net assets
953,993 
710,706 
Capital and reserves
Called up share capital
180 
180 
Share premium
351,318 
351,318 
Profit and loss account
602,495 
359,208 
Shareholders' funds
953,993 
710,706 
For the year ending 31 May 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 10 November 2023 and were signed on its behalf by
Stephen Lee Maguire Director Company Registration No. 10706454
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BPM Rentals Ltd Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
BPM Rentals Ltd is a private company, limited by shares, registered in England and Wales, registration number 10706454. The registered office is 18 SUNNYFIELD ROAD, STOCKPORT, SK4 3HS, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Tangible fixed assets
Land & buildings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At valuation 
At cost 
At 1 June 2022
1,655,000 
1,571 
1,656,571 
Additions
- 
200 
200 
Revaluations
245,000 
- 
245,000 
At 31 May 2023
1,900,000 
1,771 
1,901,771 
Depreciation
At 1 June 2022
- 
1,179 
1,179 
Charge for the year
- 
443 
443 
At 31 May 2023
- 
1,622 
1,622 
Net book value
At 31 May 2023
1,900,000 
149 
1,900,149 
At 31 May 2022
1,655,000 
392 
1,655,392 
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BPM Rentals Ltd Notes to the Accounts for the year ended 31 May 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,894 
4,349 
Accrued income and prepayments
200 
200 
4,094 
4,549 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
296,596 
292,081 
Accruals
2,500 
2,850 
Deferred income
200 
200 
299,296 
295,131 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
661,192 
664,250 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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