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REGISTERED NUMBER: 00968119 (England and Wales)















AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

BMT NINETY THREE LIMITED

BMT NINETY THREE LIMITED (REGISTERED NUMBER: 00968119)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


BMT NINETY THREE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: R L Left
G L Left



REGISTERED OFFICE: Quarry Works, Bodymoor Heath Lane
Bodymoor Heath
Sutton Coldfield
West Midlands
B76 OEG



REGISTERED NUMBER: 00968119 (England and Wales)



SENIOR STATUTORY AUDITOR: Mark Fletcher BSc ACA



AUDITORS: Crombies Accountants Limited
Chartered Accountants and Statutory Auditor
34 Waterloo Road
Wolverhampton
West Midlands
WV1 4DG

BMT NINETY THREE LIMITED (REGISTERED NUMBER: 00968119)

STATEMENT OF FINANCIAL POSITION
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,000 1,000
Investment property 5 930,000 930,000
931,000 931,000

CURRENT ASSETS
Debtors 6 - 3,195
Prepayments and accrued income 3,486 3,219
Cash at bank 3,928 10,922
7,414 17,336
CREDITORS
Amounts falling due within one year 7 334,894 323,017
NET CURRENT LIABILITIES (327,480 ) (305,681 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

603,520

625,319

CAPITAL AND RESERVES
Called up share capital 68 68
Fair value reserve 387,900 387,900
Capital redemption reserve 32 32
Retained earnings 215,520 237,319
SHAREHOLDERS' FUNDS 603,520 625,319

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 Board of Directors and authorised for issue on 6 August 2024 and were signed on its behalf by:





G L Left - Director


BMT NINETY THREE LIMITED (REGISTERED NUMBER: 00968119)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

BMT Ninety Three 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Preparation of consolidated financial statements
The financial statements contain information about BMT Ninety Three Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

BMT NINETY THREE LIMITED (REGISTERED NUMBER: 00968119)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 December 2022
and 30 November 2023 1,000
NET BOOK VALUE
At 30 November 2023 1,000
At 30 November 2022 1,000

5. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1 December 2022
and 30 November 2023 930,000
NET BOOK VALUE
At 30 November 2023 930,000
At 30 November 2022 930,000

The property at Lakeside Business Park, Tamworth was valued at £930,000 dated 30 March 2023 on an open market value basis by Leslie G Balla, a consultant of KWB and a RICS Registered valuer.

Cost or valuation at 30 November 2023 is represented by:
£   
Valuation in 2017 120,000
Valuation in 2023 267,900
Cost 542,100
930,000

No deferred tax liability arose on the revaluation gain of the investment property held by the company.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings - 3,195

BMT NINETY THREE LIMITED (REGISTERED NUMBER: 00968119)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 4,371 -
Taxation and social security 1,249 1,211
Other creditors 329,274 321,806
334,894 323,017

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mark Fletcher BSc ACA (Senior Statutory Auditor)
for and on behalf of Crombies Accountants Limited