2023-03-01 2024-02-29 false Capium Accounts Production 1.1 11848540 bus:AbridgedAccounts 2023-03-01 2024-02-29 11848540 bus:FRS102 2023-03-01 2024-02-29 11848540 bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 11848540 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 11848540 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 11848540 2023-03-01 2024-02-29 11848540 2024-02-29 11848540 bus:RegisteredOffice 2023-03-01 2024-02-29 11848540 core:WithinOneYear 2024-02-29 11848540 core:AfterOneYear 2024-02-29 11848540 bus:Director1 2023-03-01 2024-02-29 11848540 bus:Director1 2024-02-29 11848540 bus:Director1 2022-03-01 2023-02-28 11848540 bus:Director2 2023-03-01 2024-02-29 11848540 bus:Director2 2024-02-29 11848540 bus:Director2 2022-03-01 2023-02-28 11848540 2022-03-01 11848540 bus:LeadAgentIfApplicable 2023-03-01 2024-02-29 11848540 2022-03-01 2023-02-28 11848540 2023-02-28 11848540 core:WithinOneYear 2023-02-28 11848540 core:AfterOneYear 2023-02-28 11848540 bus:EntityAccountantsOrAuditors 2022-03-01 2023-02-28 11848540 core:MotorCars 2023-03-01 2024-02-29 11848540 core:MotorCars 2024-02-29 11848540 core:MotorCars 2023-02-28 11848540 core:ComputerEquipment 2023-03-01 2024-02-29 11848540 core:ComputerEquipment 2024-02-29 11848540 core:ComputerEquipment 2023-02-28 11848540 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-02-29 11848540 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-02-28 11848540 core:CostValuation core:Non-currentFinancialInstruments 2024-02-29 11848540 core:CostValuation core:Non-currentFinancialInstruments 2023-02-28 11848540 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-02-29 11848540 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-02-29 11848540 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-02-29 11848540 core:Non-currentFinancialInstruments 2024-02-29 11848540 core:Non-currentFinancialInstruments 2023-02-28 11848540 core:ShareCapital 2024-02-29 11848540 core:ShareCapital 2023-02-28 11848540 core:RetainedEarningsAccumulatedLosses 2024-02-29 11848540 core:RetainedEarningsAccumulatedLosses 2023-02-28 11848540 dpl:Item1 2023-03-01 11848540 dpl:Item1 2024-02-29 11848540 dpl:Item1 2022-03-01 11848540 dpl:Item1 2023-02-28 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 11848540
England and Wales

 

 

 

BMG HOMES LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 March 2023

End date: 29 February 2024
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 46,229    1,821 
46,229    1,821 
Current assets      
Stocks 2,352,144    2,093,144 
Debtors 50,431    68,452 
Cash at bank and in hand 108,455    2,687 
2,511,030    2,164,283 
Creditors: amount falling due within one year (1,392,059)   (1,373,461)
Net current assets 1,118,971    790,822 
 
Total assets less current liabilities 1,165,200    792,643 
Creditors: amount falling due after more than one year (1,313,494)   (893,576)
Net assets (148,294)   (100,933)
 

Capital and reserves
     
Called up share capital 1    1 
Profit and loss account (148,295)   (100,934)
Shareholders' funds (148,294)   (100,933)
 


For the year ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 31 July 2024 and were signed on its behalf by:


-------------------------------
Muhammad Ammar Khan
Director
1
General Information
BMG Homes Limited is a private company, limited by shares, registered in England and Wales, registration number 11848540, registration address 5 Gads Green, Dudley, West Midland, DY2 9HL.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the year was 4 (2023 : 1).
3.

Tangible fixed assets

Cost or valuation Motor Vehicles   Computer Equipment   Total
  £   £   £
At 01 March 2023    
Additions 55,495    2,048    57,543 
Disposals    
At 29 February 2024 55,495    2,048    57,543 
Depreciation
At 01 March 2023   227    227 
Charge for year 10,405    682    11,087 
On disposals    
At 29 February 2024 10,405    909    11,314 
Net book values
Closing balance as at 29 February 2024 45,090    1,139    46,229 
Opening balance as at 01 March 2023   1,821    1,821 


2