Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-302022-05-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 9541003 2022-05-01 2023-04-30 9541003 2021-05-01 2022-04-30 9541003 2023-04-30 9541003 2022-04-30 9541003 c:CompanySecretary1 2022-05-01 2023-04-30 9541003 c:Director1 2022-05-01 2023-04-30 9541003 c:Director2 2022-05-01 2023-04-30 9541003 c:RegisteredOffice 2022-05-01 2023-04-30 9541003 d:FurnitureFittings 2022-05-01 2023-04-30 9541003 d:FurnitureFittings 2023-04-30 9541003 d:FurnitureFittings 2022-04-30 9541003 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 9541003 d:ComputerEquipment 2022-05-01 2023-04-30 9541003 d:ComputerEquipment 2023-04-30 9541003 d:ComputerEquipment 2022-04-30 9541003 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 9541003 d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 9541003 d:CurrentFinancialInstruments 2023-04-30 9541003 d:CurrentFinancialInstruments 2022-04-30 9541003 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 9541003 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 9541003 d:ShareCapital 2023-04-30 9541003 d:ShareCapital 2022-04-30 9541003 d:RetainedEarningsAccumulatedLosses 2022-05-01 2023-04-30 9541003 d:RetainedEarningsAccumulatedLosses 2023-04-30 9541003 d:RetainedEarningsAccumulatedLosses 2022-04-30 9541003 c:OrdinaryShareClass1 2022-05-01 2023-04-30 9541003 c:OrdinaryShareClass1 2023-04-30 9541003 c:OrdinaryShareClass2 2022-05-01 2023-04-30 9541003 c:OrdinaryShareClass2 2023-04-30 9541003 c:OrdinaryShareClass2 2022-04-30 9541003 c:FRS102 2022-05-01 2023-04-30 9541003 c:AuditExemptWithAccountantsReport 2022-05-01 2023-04-30 9541003 c:FullAccounts 2022-05-01 2023-04-30 9541003 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 9541003










BMB MANAGEMENT LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2023

 
BMB MANAGEMENT LIMITED
 

COMPANY INFORMATION


DIRECTORS
S. BRADDOCK 
R. MAXWELL-BROWN 




COMPANY SECRETARY
STEWART BRADDOCK



REGISTERED NUMBER
9541003



REGISTERED OFFICE
7 FLORENCE ROAD

LONDON

W5 3TU




ACCOUNTANTS
BAGINSKY COHEN
CHARTERED ACCOUNTANTS

930 HIGH ROAD

LONDON

N12 9RT





 
BMB MANAGEMENT LIMITED
 

CONTENTS



Page
Accountants' report
 
 
1
Balance sheet
 
 
2
Notes to the financial statements
 
 
3 - 6


 
BMB MANAGEMENT LIMITED
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF BMB MANAGEMENT LIMITED
FOR THE YEAR ENDED 30 APRIL 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of BMB Management Limited for the year ended 30 April 2023 which comprise the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of BMB Management Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of BMB Management Limited  and state those matters that we have agreed to state to the Board of directors of BMB Management Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than BMB Management Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that BMB Management Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of BMB Management Limited. You consider that BMB Management Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of BMB Management Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  

BAGINSKY COHEN
CHARTERED ACCOUNTANTS
930 HIGH ROAD
LONDON
N12 9RT
21 November 2023
Page 1

 
BMB MANAGEMENT LIMITED
REGISTERED NUMBER: 9541003

BALANCE SHEET
AS AT 30 APRIL 2023

2023
2023
2022
2022
Note
£
£
£
£

FIXED ASSETS
  

Tangible assets
 4 
1,079
-

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
426,973
23,601

Cash at bank and in hand
 6 
7,923
7,151

  
434,896
30,752

Creditors: amounts falling due within one year
 7 
(454,761)
(39,129)

NET CURRENT LIABILITIES
  
 
 
(19,865)
 
 
(8,377)

  

NET LIABILITIES
  
(18,786)
(8,377)


CAPITAL AND RESERVES
  

Called up share capital 
 8 
2
2

Profit and loss account
 9 
(18,788)
(8,379)

  
(18,786)
(8,377)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 21 November 2023.


S. BRADDOCK
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
BMB MANAGEMENT LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.ACCOUNTING POLICIES

 
1.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
1.2

REVENUE

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
1.3

TAXATION

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
1.4

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
BMB MANAGEMENT LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.ACCOUNTING POLICIES (CONTINUED)


1.4
TANGIBLE FIXED ASSETS (CONTINUED)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25%
Computer equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
1.5

DEBTORS

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
1.6

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
1.7

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
1.8

FINANCIAL INSTRUMENTS

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Page 4

 
BMB MANAGEMENT LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.



JUDGMENTS IN APPLYING ACCOUNTING POLICIES AND KEY SOURCES OF ESTIMATION UNCERTAINTY

In the application of the company's accounting policies, which are described in note 1, management is required to make judgments, estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other factors that are considered to be relevant.  Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis.  Revisions to accounting estimates are recognised in the period in which the estimate is revise affects only that period or in the period of the revision and future periods if the revision affects both current and future periods.  The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below. 


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


TANGIBLE FIXED ASSETS





Fixtures and fittings
Computer equipment
Total

£
£
£



COST OR VALUATION


At 1 May 2022
1,826
7,903
9,729


Additions
834
724
1,558



At 30 April 2023

2,660
8,627
11,287



DEPRECIATION


At 1 May 2022
1,826
7,903
9,729


Charge for the year on owned assets
298
181
479



At 30 April 2023

2,124
8,084
10,208



NET BOOK VALUE



At 30 April 2023
536
543
1,079



At 30 April 2022
-
-
-

Page 5

 
BMB MANAGEMENT LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

5.


DEBTORS

2023
2022
£
£


Other debtors
426,973
23,601



6.


CASH AND CASH EQUIVALENTS

2023
2022
£
£

Cash at bank and in hand
7,923
7,151



7.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023
2022
£
£

Corporation tax
-
446

Other taxation and social security
1,321
327

Other creditors
429,383
37,336

Accruals and deferred income
24,057
1,020

454,761
39,129



8.


SHARE CAPITAL

2023
2022
£
£
ALLOTTED, CALLED UP AND FULLY PAID



1 Ordinary A share of £1.00
1
1
1 (2022 - 1) Ordinary B share of £1.00
1
1

2

2



9.


RESERVES

Profit and loss account

This includes all current and prior perios retained profits and losses.


Page 6