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REGISTERED NUMBER: 11456933 (England and Wales)














Unaudited Financial Statements for the Year Ended 31 July 2023

for

BMC CONVERSIONS LIMITED

BMC CONVERSIONS LIMITED (REGISTERED NUMBER: 11456933)






Contents of the Financial Statements
for the year ended 31 JULY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BMC CONVERSIONS LIMITED

Company Information
for the year ended 31 JULY 2023







DIRECTORS: I A Turnbull
A Turnbull





REGISTERED OFFICE: 3 Brunel Court
Earlstrees Industrial Estate
Corby
Northamptonshire
NN17 4UB





REGISTERED NUMBER: 11456933 (England and Wales)





ACCOUNTANT: Elsby & Co
155 Wellingborough Road
Rushden
Northamptonshire
NN10 9TB

BMC CONVERSIONS LIMITED (REGISTERED NUMBER: 11456933)

Balance Sheet
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 105,710 36,477

CURRENT ASSETS
Stocks 12,482 15,645
Debtors 5 5,527 16,204
Cash at bank 26,311 3,160
44,320 35,009
CREDITORS
Amounts falling due within one year 6 112,454 71,209
NET CURRENT LIABILITIES (68,134 ) (36,200 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,576

277

PROVISIONS FOR LIABILITIES 9,220 -
NET ASSETS 28,356 277

CAPITAL AND RESERVES
Called up share capital 7 200 200
Fair value reserve 8 48,526 -
Retained earnings (20,370 ) 77
SHAREHOLDERS' FUNDS 28,356 277

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

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

BMC CONVERSIONS LIMITED (REGISTERED NUMBER: 11456933)

Balance Sheet - continued
31 JULY 2023


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 March 2024 and were signed on its behalf by:





I A Turnbull - Director


BMC CONVERSIONS LIMITED (REGISTERED NUMBER: 11456933)

Notes to the Financial Statements
for the year ended 31 JULY 2023

1. STATUTORY INFORMATION

BMC Conversions 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 25% on cost
Motor vehicles - 20% on reducing balance
Computer equipment - 25% on cost

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing
stock to its present location and condition.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

BMC CONVERSIONS LIMITED (REGISTERED NUMBER: 11456933)

Notes to the Financial Statements - continued
for the year ended 31 JULY 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST OR VALUATION
At 1 August 2022 21,479 30,495 349 52,323
Additions 9,100 10,979 - 20,079
Revaluations - 48,526 - 48,526
At 31 July 2023 30,579 90,000 349 120,928
DEPRECIATION
At 1 August 2022 8,225 7,272 349 15,846
Charge for year 6,644 - - 6,644
Charge written back - (7,272 ) - (7,272 )
At 31 July 2023 14,869 - 349 15,218
NET BOOK VALUE
At 31 July 2023 15,710 90,000 - 105,710
At 31 July 2022 13,254 23,223 - 36,477

Cost or valuation at 31 July 2023 is represented by:

Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
Valuation in 2023 - 48,526 - 48,526
Cost 30,579 41,474 349 72,402
30,579 90,000 349 120,928

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 299 14,919
Other debtors 5,228 1,285
5,527 16,204

BMC CONVERSIONS LIMITED (REGISTERED NUMBER: 11456933)

Notes to the Financial Statements - continued
for the year ended 31 JULY 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 758 -
Trade creditors 9,719 23,631
Amounts owed to group undertakings 2,363 2,363
Taxation and social security 7,807 3,846
Other creditors 91,807 41,369
112,454 71,209

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
50 A £1 50 50
50 B £1 50 50
50 C £1 50 50
50 D £1 50 50
200 200

8. RESERVES
Fair
value
reserve
£   
Transfer to fair value reserve 48,526

At 31 July 2023 48,526