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REGISTERED NUMBER: 04695513 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 January 2024

for

B M D Security Limited

B M D Security Limited (Registered number: 04695513)






Contents of the Financial Statements
for the Year Ended 31 January 2024




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 2024







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 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 884 1,277
884 1,277

CURRENT ASSETS
Debtors 43,073 123,448
Cash at bank 147,215 1,666
190,288 125,114
CREDITORS
Amounts falling due within one year 164,608 97,330
NET CURRENT ASSETS 25,680 27,784
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,564

29,061

CREDITORS
Amounts falling due after more than one
year

(17,083

)

(27,083

)

PROVISIONS FOR LIABILITIES (167 ) (242 )
NET ASSETS 9,314 1,736

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 8,314 736
SHAREHOLDERS' FUNDS 9,314 1,736

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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 2024


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 2024 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 4 April 2024 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 2024

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

B M D Security Limited (Registered number: 04695513)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2023
and 31 January 2024 8,000
AMORTISATION
At 1 February 2023
and 31 January 2024 8,000
NET BOOK VALUE

At 31 January 2024 -
At 31 January 2023 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2023
and 31 January 2024 9,249
DEPRECIATION
At 1 February 2023 7,972
Charge for year 393
At 31 January 2024 8,365
NET BOOK VALUE
At 31 January 2024 884
At 31 January 2023 1,277

6. RELATED PARTY DISCLOSURES

During the year, total dividends of £37,000 (2023 - £50,000) were paid to the directors .

D Jones, a director of the company was owed £88,548 by the company at the year end. At 31 January 2023 he owed the company £78,077. The highest amount owed in the year was £78,077. Interest was charged on the loan at rates of 6% to 6.75% per annum.

7. ULTIMATE CONTROLLING PARTY

The controlling party is D Jones.