IRIS Accounts Production v24.1.0.578 11580270 Board of Directors 1.10.22 30.9.23 30.9.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh115802702022-09-30115802702023-09-30115802702022-10-012023-09-30115802702021-09-30115802702021-10-012022-09-30115802702022-09-3011580270ns14:PoundSterling2022-10-012023-09-3011580270ns10:Director12022-10-012023-09-3011580270ns10:PrivateLimitedCompanyLtd2022-10-012023-09-3011580270ns10:SmallEntities2022-10-012023-09-3011580270ns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3011580270ns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3011580270ns10:SmallCompaniesRegimeForAccounts2022-10-012023-09-3011580270ns10:FullAccounts2022-10-012023-09-3011580270ns10:OrdinaryShareClass12022-10-012023-09-3011580270ns10:Director22022-10-012023-09-3011580270ns10:RegisteredOffice2022-10-012023-09-3011580270ns5:CurrentFinancialInstruments2023-09-3011580270ns5:CurrentFinancialInstruments2022-09-3011580270ns5:ShareCapital2023-09-3011580270ns5:ShareCapital2022-09-3011580270ns5:RetainedEarningsAccumulatedLosses2023-09-3011580270ns5:RetainedEarningsAccumulatedLosses2022-09-3011580270ns5:PlantMachinery2022-10-012023-09-3011580270ns5:ComputerEquipment2022-10-012023-09-3011580270ns5:PlantMachinery2022-09-3011580270ns5:ComputerEquipment2022-09-3011580270ns5:PlantMachinery2023-09-3011580270ns5:ComputerEquipment2023-09-3011580270ns5:PlantMachinery2022-09-3011580270ns5:ComputerEquipment2022-09-3011580270ns5:AcceleratedTaxDepreciationDeferredTax2023-09-3011580270ns5:AcceleratedTaxDepreciationDeferredTax2022-09-3011580270ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3011580270ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-3011580270ns5:DeferredTaxation2022-09-3011580270ns5:DeferredTaxation2022-10-012023-09-3011580270ns5:DeferredTaxation2023-09-3011580270ns10:OrdinaryShareClass12023-09-30
REGISTERED NUMBER: 11580270















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2023

FOR

BM AUTOMATION LIMITED

BM AUTOMATION LIMITED (REGISTERED NUMBER: 11580270)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30th September 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BM AUTOMATION LIMITED

COMPANY INFORMATION
for the Year Ended 30th September 2023







DIRECTORS: Mr M Bacocchia
Ms J Hasko





REGISTERED OFFICE: 16 Hennals Avenue
Redditch
Worcestershire
B97 5RX





REGISTERED NUMBER: 11580270





ACCOUNTANTS: SAS Accountant Ltd t/as OJW Associates
16 Hennals Avenue
Webheath
Redditch
Worcestershire
B97 5RX

BM AUTOMATION LIMITED (REGISTERED NUMBER: 11580270)

BALANCE SHEET
30th September 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,374 1,056

CURRENT ASSETS
Debtors 5 11,051 -
Cash at bank 75,775 70,669
86,826 70,669
CREDITORS
Amounts falling due within one year 6 95,399 71,066
NET CURRENT LIABILITIES (8,573 ) (397 )
TOTAL ASSETS LESS CURRENT LIABILITIES (7,199 ) 659

PROVISIONS FOR LIABILITIES 7 - 175
NET (LIABILITIES)/ASSETS (7,199 ) 484

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (7,299 ) 384
SHAREHOLDERS' FUNDS (7,199 ) 484

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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.

BM AUTOMATION LIMITED (REGISTERED NUMBER: 11580270)

BALANCE SHEET - continued
30th September 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19th March 2024 and were signed on its behalf by:





Mr M Bacocchia - Director


BM AUTOMATION LIMITED (REGISTERED NUMBER: 11580270)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30th September 2023


1. STATUTORY INFORMATION

BM Automation Limited is a private company, limited by shares , registered in Not specified/Other. 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 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 reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

BM AUTOMATION LIMITED (REGISTERED NUMBER: 11580270)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th September 2023


4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1st October 2022 472 2,777 3,249
Additions - 1,144 1,144
At 30th September 2023 472 3,921 4,393
DEPRECIATION
At 1st October 2022 187 2,006 2,193
Charge for year 71 755 826
At 30th September 2023 258 2,761 3,019
NET BOOK VALUE
At 30th September 2023 214 1,160 1,374
At 30th September 2022 285 771 1,056

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 9,415 -
Deferred tax asset
Accelerated capital allowances 1,636 -
11,051 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 6,987 10,086
Tax - 662
Social security and other taxes - 720
VAT 4,477 3,411
Other creditors 716 483
Directors' loan accounts 82,769 55,254
Accrued expenses 450 450
95,399 71,066

7. PROVISIONS FOR LIABILITIES
2022
£   
Deferred tax
Accelerated capital allowances 175

BM AUTOMATION LIMITED (REGISTERED NUMBER: 11580270)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th September 2023


7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st October 2022 175
Provided during year (1,811 )
Balance at 30th September 2023 (1,636 )

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100