Registered number
NI675645
BJM Plant & Commercials Ltd
Report and Unaudited Accounts
31 December 2023
BJM Plant & Commercials Ltd
Company Information
Directors
Stephen Lowry
Accountants
Tyrone Accountancy Services
8-10 Church Street
Omagh
Co. Tyrone
BT78 1DG
Bankers
Tide
5th Floor
1 Appold Street
London
EC2A 2UT
Registered office
30 Carncorn Road
Castlederg
Co Tyrone
BT81 7RH
Registered number
NI675645
BJM Plant & Commercials Ltd
Registered number: NI675645
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 125,855 49,687
Current assets
Debtors 4 41,105 26,187
Cash at bank and in hand 4,641 676
45,746 26,863
Creditors: amounts falling due within one year 5 (80,430) (38,378)
Net current liabilities (34,684) (11,515)
Total assets less current liabilities 91,171 38,172
Creditors: amounts falling due after more than one year 6 (8,000) -
Provisions for liabilities 7 (5,636) -
Net assets 77,535 38,172
Capital and reserves
Called up, issued and fully paid share capital 2 2
Profit and loss account 77,533 38,170
Shareholders' funds 9 77,535 38,172
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime.
The profit and loss account has not been delivered to the Registrar of Companies under section 444 of the Companies Act 2006.
The notes on pages 6 to 9 form an integral part of the accounts.
Stephen Lowry
Director
Approved by the board on 23 September 2024
BJM Plant & Commercials Ltd
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
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.
The financial statements are presented in UK Sterling pounds (£)
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classes as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company - -
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2023 66,250
Additions 124,167
Disposals (4,750)
At 31 December 2023 185,667
Depreciation
At 1 January 2023 16,563
Charge for the year 43,249
At 31 December 2023 59,812
Net book value
At 31 December 2023 125,855
At 31 December 2022 49,687
4 Debtors 2023 2022
£ £
Trade debtors 41,105 25,306
Deferred tax asset - 881
41,105 26,187
5 Creditors: amounts falling due within one year 2023 2022
£ £
Obligations under finance lease and hire purchase contracts 4,800 -
Trade creditors 24,036 9,108
Taxes and social security costs 12,836 18,613
Other creditors 38,758 10,657
80,430 38,378
6 Creditors: amounts falling due after one year 2023 2022
£ £
Obligations under finance lease and hire purchase contracts 8,000 -
7 Provision for liabilities
Deferred Taxation
£
At 1 January 2023 881 -
Charged to the profit and loss (6,517) 881
At 31 December 2023 (5,636) 881
The provision for deferred taxation is made up as follows:
2023 2022
£ £
Accelerated capital allowances (6,517) 680
(6,517) 680
8 Directors' advances, credits and guarantees
During the year the directors made no advances and the company made no repayments leaving a balance owed to the directors at the year end of £10,158.

The balances are interest free and repayable on demand.
9 Statement of changes in equity
The shareholders funds represents cumulative profits or losses, net of dividends paid, deferred tax adjustments and other adjustments.
10 Other information
BJM Plant & Commercials Ltd is a private company limited by shares and incorporated in Northern Ireland. Its registered office is:
30 Carncorn Road
Castlederg
Co Tyrone
BT81 7RH
BJM Plant & Commercials Ltd NI675645 false 2023-01-01 2023-12-31 2023-12-31 VT Final Accounts April 2024 No description of principal activity NI675645 2022-01-01 2022-12-31 NI675645 core:WithinOneYear 2022-12-31 NI675645 core:AfterOneYear 2022-12-31 NI675645 core:ShareCapital 2022-12-31 NI675645 core:RetainedEarningsAccumulatedLosses 2022-12-31 NI675645 2023-01-01 2023-12-31 NI675645 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 NI675645 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 NI675645 bus:Director1 2023-01-01 2023-12-31 NI675645 1 2023-01-01 2023-12-31 NI675645 2 2023-01-01 2023-12-31 NI675645 core:PlantMachinery 2023-01-01 2023-12-31 NI675645 countries:England 2023-01-01 2023-12-31 NI675645 bus:FRS102 2023-01-01 2023-12-31 NI675645 bus:FilletedAccounts 2023-01-01 2023-12-31 NI675645 2023-12-31 NI675645 core:WithinOneYear 2023-12-31 NI675645 core:AfterOneYear 2023-12-31 NI675645 core:ShareCapital 2023-12-31 NI675645 core:RetainedEarningsAccumulatedLosses 2023-12-31 NI675645 core:PlantMachinery 2023-12-31 NI675645 2022-12-31 NI675645 core:PlantMachinery 2022-12-31 iso4217:GBP xbrli:pure