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REGISTERED NUMBER: 05963096















BMT SEALED UNITS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023






BMT SEALED UNITS LIMITED (REGISTERED NUMBER: 05963096)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 OCTOBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BMT SEALED UNITS LIMITED

COMPANY INFORMATION
For The Year Ended 31 OCTOBER 2023







DIRECTOR: D D Baker





REGISTERED OFFICE: Unit 2a Cole River Park
Warwick Road
Tyseley
Birmingham
West Midlands
B11 2QX





REGISTERED NUMBER: 05963096





ACCOUNTANTS: Charles Lovell & Co Limited
Chartered Certified Accountants
and Statutory Auditors
8 Church Green East
Redditch
Worcestershire
B98 8BP

BMT SEALED UNITS LIMITED (REGISTERED NUMBER: 05963096)

BALANCE SHEET
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 52,676 65,603

CURRENT ASSETS
Stocks 34,425 34,500
Debtors 5 235,090 215,820
Cash at bank and in hand 122,675 80,711
392,190 331,031
CREDITORS
Amounts falling due within one year 6 298,561 324,016
NET CURRENT ASSETS 93,629 7,015
TOTAL ASSETS LESS CURRENT
LIABILITIES

146,305

72,618

CREDITORS
Amounts falling due after more than one year 7 (15,834 ) (25,833 )

PROVISIONS FOR LIABILITIES (13,169 ) (12,465 )
NET ASSETS 117,302 34,320

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 117,202 34,220
117,302 34,320

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 July 2024 and were signed by:





D D Baker - Director


BMT SEALED UNITS LIMITED (REGISTERED NUMBER: 05963096)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 OCTOBER 2023


1. STATUTORY INFORMATION

BMT Sealed Units 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.
Fixtures and fittings - 25% on cost and 25% on reducing balance
Motor vehicles - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 12 (2022 - 11 ) .

BMT SEALED UNITS LIMITED (REGISTERED NUMBER: 05963096)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 OCTOBER 2023


4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 November 2022 123,401 79,575 202,976
Additions 9,645 - 9,645
Disposals - (12,995 ) (12,995 )
At 31 October 2023 133,046 66,580 199,626
DEPRECIATION
At 1 November 2022 72,577 64,796 137,373
Charge for year 14,133 8,439 22,572
Eliminated on disposal - (12,995 ) (12,995 )
At 31 October 2023 86,710 60,240 146,950
NET BOOK VALUE
At 31 October 2023 46,336 6,340 52,676
At 31 October 2022 50,824 14,779 65,603

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 207,708 208,121
Other debtors 27,382 7,699
235,090 215,820

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 233,557 264,097
Taxation and social security 25,335 21,308
Other creditors 29,669 28,611
298,561 324,016

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans 15,834 25,833