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Company Registration No. SC354884 (Scotland)
B&M JOINERS (EDINBURGH) LTD Unaudited accounts for the year ended 29 February 2024
B&M JOINERS (EDINBURGH) LTD Unaudited accounts Contents
Page
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B&M JOINERS (EDINBURGH) LTD Company Information for the year ended 29 February 2024
Director
Mr Danny McGuiness
Company Number
SC354884 (Scotland)
Registered Office
13-15 Rodney Street G15 6NQ Edinburgh EH7 4EN Scotland
Accountants
Calculo Ltd Red Tree Magenta 270 Glasgow Road Glasgow G73 1SA
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B&M JOINERS (EDINBURGH) LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
16,000 
24,000 
Tangible assets
59,873 
66,661 
Investments
47,070 
47,070 
122,943 
137,731 
Current assets
Debtors
25,883 
- 
Cash at bank and in hand
95,818 
109,928 
121,701 
109,928 
Creditors: amounts falling due within one year
(41,126)
(23,293)
Net current assets
80,575 
86,635 
Total assets less current liabilities
203,518 
224,366 
Creditors: amounts falling due after more than one year
(87,781)
(115,275)
Net assets
115,737 
109,091 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
115,637 
108,991 
Shareholders' funds
115,737 
109,091 
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 August 2024 and were signed on its behalf by
Mr Danny McGuiness Director Company Registration No. SC354884
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B&M JOINERS (EDINBURGH) LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
B&M JOINERS (EDINBURGH) LTD is a private company, limited by shares, registered in Scotland, registration number SC354884. The registered office is 13-15 Rodney Street, G15 6NQ, Edinburgh, EH7 4EN, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
20% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 March 2023
80,000 
At 29 February 2024
80,000 
Amortisation
At 1 March 2023
56,000 
Charge for the year
8,000 
At 29 February 2024
64,000 
Net book value
At 29 February 2024
16,000 
At 28 February 2023
24,000 
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B&M JOINERS (EDINBURGH) LTD Notes to the Accounts for the year ended 29 February 2024
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2023
84,528 
2,414 
1,172 
88,114 
At 29 February 2024
84,528 
2,414 
1,172 
88,114 
Depreciation
At 1 March 2023
19,544 
1,504 
405 
21,453 
Charge for the year
6,498 
137 
153 
6,788 
At 29 February 2024
26,042 
1,641 
558 
28,241 
Net book value
At 29 February 2024
58,486 
773 
614 
59,873 
At 28 February 2023
64,984 
910 
767 
66,661 
6
Investments
Subsidiary undertakings 
£ 
Valuation at 1 March 2023
47,070 
Valuation at 29 February 2024
47,070 
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
16,351 
- 
Other debtors
9,532 
- 
25,883 
- 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,808 
5,028 
VAT
10,016 
7,801 
Taxes and social security
23,629 
9,867 
Other creditors
566 
351 
Accruals
1,107 
246 
41,126 
23,293 
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
58,415 
68,831 
Obligations under finance leases and hire purchase contracts
29,366 
46,444 
87,781 
115,275 
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B&M JOINERS (EDINBURGH) LTD Notes to the Accounts for the year ended 29 February 2024
10
Average number of employees
During the year the average number of employees was 7 (2023: 7).
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