Company Registration No. SC492592 (Scotland)
B & M Centre Ltd
Unaudited accounts
for the year ended 31 December 2023
B & M Centre Ltd
Unaudited accounts
Contents
B & M Centre Ltd
Company Information
for the year ended 31 December 2023
Company Number
SC492592 (Scotland)
Registered Office
UNIT 28 NEW ALBION INDUSTRIAL ESTATE
HALLEY ST
GLASGOW
G13 4DJ
SCOTLAND
Accountants
McCreath Accountancy
Lomond House
4 South Street
Inchinnan
Renfrewshire
PA4 9RJ
B & M Centre Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
21,323
8,893
Cash at bank and in hand
2,280
248
Creditors: amounts falling due within one year
(57,688)
(21,091)
Net current assets
17,873
4,681
Total assets less current liabilities
39,196
13,574
Creditors: amounts falling due after more than one year
(38,130)
(27,192)
Net assets/(liabilities)
1,066
(13,618)
Called up share capital
1
1
Profit and loss account
1,065
(13,619)
Shareholders' funds
1,066
(13,618)
For the year ending 31 December 2023 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 11 September 2024 and were signed on its behalf by
Douglas Dando
Director
Company Registration No. SC492592
B & M Centre Ltd
Notes to the Accounts
for the year ended 31 December 2023
B & M Centre Ltd is a private company, limited by shares, registered in Scotland, registration number SC492592. The registered office is UNIT 28 NEW ALBION INDUSTRIAL ESTATE, HALLEY ST, GLASGOW, G13 4DJ, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2023
46,936
19,699
876
-
67,511
Additions
22,938
-
-
4,172
27,110
At 31 December 2023
69,874
19,699
876
4,172
94,621
At 1 January 2023
38,043
19,699
876
-
58,618
Charge for the year
13,637
-
-
1,043
14,680
At 31 December 2023
51,680
19,699
876
1,043
73,298
At 31 December 2023
18,194
-
-
3,129
21,323
At 31 December 2022
8,893
-
-
-
8,893
B & M Centre Ltd
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 5 (2022: 0).