BMT Global Link Limited
Registered number: 06486729
Balance Sheet
as at 31 January 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 2,451 2,884
Current assets
Debtors 4 178,627 200,026
Cash at bank and in hand 15,894 10,045
194,521 210,071
Creditors: amounts falling due within one year 5 (42,747) (50,988)
Net current assets 151,774 159,083
Total assets less current liabilities 154,225 161,967
Creditors: amounts falling due after more than one year 6 (24,117) (33,353)
Net assets 130,108 128,614
Capital and reserves
Called up share capital 40,000 40,000
Profit and loss account 90,108 88,614
Shareholder's funds 130,108 128,614
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.
Md. Moshudur Rahman Choudhury
Director
Approved by the board on 26 July 2024
BMT Global Link Limited
Notes to the Accounts
for the year ended 31 January 2024
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 (as applied to small entities by section 1A of the standard).
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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 15% reducing balance
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.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 February 2023 14,917
At 31 January 2024 14,917
Depreciation
At 1 February 2023 12,033
Charge for the year 433
At 31 January 2024 12,466
Net book value
At 31 January 2024 2,451
At 31 January 2023 2,884
4 Debtors 2024 2023
£ £
Trade debtors 153,195 169,055
Other debtors 25,432 30,971
178,627 200,026
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 22,213 28,595
Corporation tax 5,018 6,232
Other taxes and social security costs 8,786 8,552
Other creditors 6,730 7,609
42,747 50,988
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 24,117 33,353
7 Controlling party
The company has been in the control of Md. Moshudur Rahman Choudhury by virtue of
100% shareholding.
8 Other information
BMT Global Link Limited is a private company limited by shares and incorporated in England. Its registered office is:
166 CANNON STREET ROAD
LONDON
E1 2LH
9 BSP Outstanding Cash Sales 2,024
£
BSP outstanding cash sales for the year ended 31 January 2024 16,471
==========
BMT Global Link Limited 06486729 false 2023-02-01 2024-01-31 2024-01-31 VT Final Accounts July 2024 Md. Moshudur Rahman Choudhury No description of principal activity 06486729 2022-02-01 2023-01-31 06486729 core:WithinOneYear 2023-01-31 06486729 core:AfterOneYear 2023-01-31 06486729 core:ShareCapital 2023-01-31 06486729 core:RetainedEarningsAccumulatedLosses 2023-01-31 06486729 2023-02-01 2024-01-31 06486729 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 06486729 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 06486729 bus:Director40 2023-02-01 2024-01-31 06486729 1 2023-02-01 2024-01-31 06486729 2 2023-02-01 2024-01-31 06486729 core:PlantMachinery 2023-02-01 2024-01-31 06486729 countries:England 2023-02-01 2024-01-31 06486729 bus:FRS102 2023-02-01 2024-01-31 06486729 bus:FilletedAccounts 2023-02-01 2024-01-31 06486729 2024-01-31 06486729 core:WithinOneYear 2024-01-31 06486729 core:AfterOneYear 2024-01-31 06486729 core:ShareCapital 2024-01-31 06486729 core:RetainedEarningsAccumulatedLosses 2024-01-31 06486729 core:PlantMachinery 2024-01-31 06486729 2023-01-31 06486729 core:PlantMachinery 2023-01-31 iso4217:GBP xbrli:pure