BMJ GROUP LIMITED

Company Registration Number:
12492390 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

BMJ GROUP LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

BMJ GROUP LIMITED

Company Information

for the Period Ended 31 March 2024




Director: Mandeep Kaur
Registered office: 1st Floor
415 High Street
Stratford
London
England
E15 4QZ
Company Registration Number: 12492390 (England and Wales)

BMJ GROUP LIMITED

Directors' Report Period Ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal Activities

Wholesale of wine, beer, spirit, & other alcoholic beverages and Event catering activities.

Directors

The directors shown below have held office during the whole of the period from 01 April 2023 to 31 March 2024
Mandeep Kaur

This report was approved by the board of directors on 11 October 2024
And Signed On Behalf Of The Board By:

Name: Mandeep Kaur
Status: Director

BMJ GROUP LIMITED

Profit and Loss Account

for the Period Ended 31 March 2024


Notes

2024
£

2023
£
Turnover 2,502,016 2,115,555
Cost of sales ( 2,346,586 ) ( 1,957,407 )
Gross Profit or (Loss) 155,430 158,148
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 9,919 ) ( 12,627 )
Administrative Expenses ( 59,150 ) ( 42,994 )
Other operating income 9 18
Operating Profit or (Loss) 86,370 102,545
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 4,666 ) ( 2,573 )
Profit or (Loss) Before Tax 81,704 99,972
Tax on Profit ( 10,064 ) ( 14,789 )
Profit or (Loss) for Period 71,640 85,183

The notes form part of these financial statements

BMJ GROUP LIMITED

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 80,108 50,206
Total fixed assets: 80,108 50,206
Current assets
Stocks: 470,421 382,411
Debtors: 5 49,780 17,158
Cash at bank and in hand: 55,252 36,107
Total current assets: 575,453 435,676
Creditors: amounts falling due within one year: 6 ( 233,564 ) ( 209,888 )
Net current assets (liabilities): 341,889 225,788
Total assets less current liabilities: 421,997 275,994
Creditors: amounts falling due after more than one year: 7 ( 211,343 ) ( 136,660 )
Provision for liabilities: ( 15,656 ) ( 15,976 )
Total net assets (liabilities): 194,998 123,358

The notes form part of these financial statements

BMJ GROUP LIMITED

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 194,898 123,258
Shareholders funds: 194,998 123,358

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 11 October 2024
And Signed On Behalf Of The Board By:

Name: Mandeep Kaur
Status: Director

The notes form part of these financial statements

BMJ GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

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

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following rates in order to write off each assets over its estimated useful life.

    Plant and Machinery - 25% on cost,
    Computer / Office Equipment - 25% on cost,
    Motor Vehicle - 25%% on WDV.

    Valuation information and policy

    Inventory is valued at lower of cost or net realizable value.

BMJ GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 4 3

BMJ GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

BMJ GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible assets

Plant & machinery Office equipment Motor vehicles Total
Cost £ £ £ £
At 01 April 2023 5,045 207 54,943 60,195
Additions 1,149 184 42,375 43,708
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 31 March 2024 6,194 391 97,318 103,903
Depreciation
At 01 April 2023 916 104 8,969 9,989
Charge for year 1,333 98 12,375 13,806
On disposals - - - -
Other adjustments - - - -
At 31 March 2024 2,249 202 21,344 23,795
Net book value
At 31 March 2024 3,945 189 75,974 80,108
At 31 March 2023 4,129 103 45,974 50,206

BMJ GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors


2024
£

2023
£
Trade debtors 49,780 12,107
Other debtors 0 5,051
Total 49,780 17,158

BMJ GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 15,270 8,387
Trade creditors 104,620 21,935
Taxation and social security 9,313 6,304
Other creditors 104,361 173,262
Total 233,564 209,888

BMJ GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 73,364 36,423
Other creditors 137,979 100,237
Total 211,343 136,660

BMJ GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

8.1.Related party disclosures

Name of related party: Mandeep Kaur
Description of relationship:
Director
Description of the transaction:
As at the Balance sheet date, the company owed the director a sum of £89,979 as against £47,237 in previous year.
Balance at 01 April 2023 47,237
Balance at 31 March 2024 89,979