Caseware UK (AP4) 2022.0.179 2022.0.179 2023-12-312023-12-31false2023-01-01No description of principal activity1true1falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC718164 2023-01-01 2023-12-31 SC718164 2021-12-21 2022-12-31 SC718164 2023-12-31 SC718164 2022-12-31 SC718164 c:Director1 2023-01-01 2023-12-31 SC718164 c:RegisteredOffice 2023-01-01 2023-12-31 SC718164 d:PlantMachinery 2023-01-01 2023-12-31 SC718164 d:PlantMachinery 2023-12-31 SC718164 d:PlantMachinery 2022-12-31 SC718164 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 SC718164 d:OfficeEquipment 2023-01-01 2023-12-31 SC718164 d:OfficeEquipment 2023-12-31 SC718164 d:OfficeEquipment 2022-12-31 SC718164 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 SC718164 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 SC718164 d:CurrentFinancialInstruments 2023-12-31 SC718164 d:CurrentFinancialInstruments 2022-12-31 SC718164 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 SC718164 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 SC718164 d:ShareCapital 2023-12-31 SC718164 d:ShareCapital 2022-12-31 SC718164 d:RetainedEarningsAccumulatedLosses 2023-12-31 SC718164 d:RetainedEarningsAccumulatedLosses 2022-12-31 SC718164 c:OrdinaryShareClass1 2023-01-01 2023-12-31 SC718164 c:OrdinaryShareClass1 2023-12-31 SC718164 c:OrdinaryShareClass1 2022-12-31 SC718164 c:FRS102 2023-01-01 2023-12-31 SC718164 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 SC718164 c:FullAccounts 2023-01-01 2023-12-31 SC718164 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC718164










BD BUILDING & HOME RENOVATION LTD (FORMERLY - BDM PLASTERING SERVICES LTD)
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

 
BD BUILDING & HOME RENOVATION LIMITED
 

COMPANY INFORMATION


Director
Mr B Dick 




Registered number
SC718164



Registered office
Westfield View Knowehead

Freuchie

Cupar

KY15 7HB




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
BD BUILDING & HOME RENOVATION LIMITED
REGISTERED NUMBER: SC718164

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
£
£

Fixed assets
  

Tangible assets
 4 
6,784
-

  
6,784
-

Current assets
  

Debtors: amounts falling due within one year
 5 
722
653

Cash at bank and in hand
  
6,917
12,604

  
7,639
13,257

Creditors: amounts falling due within one year
 6 
(12,991)
(13,043)

Net current (liabilities)/assets
  
 
 
(5,352)
 
 
214

Total assets less current liabilities
  
1,432
214

Provisions for liabilities
  

Deferred tax
  
(169)
-

  
 
 
(169)
 
 
-

Net assets
  
1,263
214


Capital and reserves
  

Called up share capital 
 7 
1
1

Profit and loss account
  
1,262
213

  
1,263
214


Page 1

 
BD BUILDING & HOME RENOVATION LIMITED
REGISTERED NUMBER: SC718164

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

The director considers 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 director acknowledges his 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 income and retained earnings 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 by: 




Mr B Dick
Director

Date: 1 March 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
BD BUILDING & HOME RENOVATION LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

BD Building & Home Renovation Ltd is a private company, limited by shares, registered in Scotland. The company's registered number is SC718164 and registered office address is Westfield View Knowehead, Freuchie, Cupar, Scotland, KY15 7HB.
The company changed its name from BDM Plastering Services Ltd to BD Building & Home Renovation Ltd on the 29 November 2023.
The financial statements are presented in Sterling which is the functional currency of the company and rounded to the nearest £.

2.Accounting policies

 
2.1

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.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover 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. Turnover 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:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Turnover 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.

Page 3

 
BD BUILDING & HOME RENOVATION LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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 tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
2.5

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 4

 
BD BUILDING & HOME RENOVATION LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful live.

Depreciation is provided on the following basis:

Plant and machinery
-
20%
Straight line
Office equipment
-
20%
Straight line

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.

 
2.6

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 5

 
BD BUILDING & HOME RENOVATION LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Plant and machinery
Office equipment
Total

£
£
£



Cost or valuation


Additions
6,224
1,476
7,700



At 31 December 2023

6,224
1,476
7,700



Depreciation


Charge for the year on owned assets
687
229
916



At 31 December 2023

687
229
916



Net book value



At 31 December 2023
5,537
1,247
6,784



At 31 December 2022
-
-
-


5.


Debtors

2023
2022
£
£


Prepayments and accrued income
722
653



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other taxation and social security
10,791
3,569

Other creditors
125
6,894

Accruals and deferred income
2,075
2,580

12,991
13,043


Page 6

 
BD BUILDING & HOME RENOVATION LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



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



Page 7