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REGISTERED NUMBER: 06407929 (England and Wales)





















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

BDMT LIMITED

BDMT LIMITED (REGISTERED NUMBER: 06407929)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


BDMT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: Mr B J L Connop
Mrs D Connop
Mr M Connop





SECRETARY: Mr B J L Connop





REGISTERED OFFICE: C/O Deacon Products Limited
Newton Lane
Cradley Heath
West Midlands
B64 5EB





REGISTERED NUMBER: 06407929 (England and Wales)





ACCOUNTANTS: E R Grove & Co Limited
Grove House
Coombs Wood Court
Steel Park Road
Halesowen
West Midlands
B62 8BF

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
BDMT LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of BDMT Limited for the year ended 31 July 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of BDMT Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of BDMT Limited and state those matters that we have agreed to state to the Board of Directors of BDMT Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than BDMT Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that BDMT Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of BDMT Limited. You consider that BDMT Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of BDMT Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






E R Grove & Co Limited
Grove House
Coombs Wood Court
Steel Park Road
Halesowen
West Midlands
B62 8BF


22 October 2024

BDMT LIMITED (REGISTERED NUMBER: 06407929)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,328,376 1,285,942
Investments 5 1,719,265 1,719,165
Investment property 6 200,000 200,000
3,247,641 3,205,107

CURRENT ASSETS
Investments 7 1,034,630 987,483
Cash at bank 1,413,233 839,265
2,447,863 1,826,748
CREDITORS
Amounts falling due within one year 8 136,533 114,965
NET CURRENT ASSETS 2,311,330 1,711,783
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,558,971

4,916,890

CREDITORS
Amounts falling due after more than one
year

9

(1,344

)

(1,344

)

PROVISIONS FOR LIABILITIES (3,800 ) (3,505 )
NET ASSETS 5,553,827 4,912,041

CAPITAL AND RESERVES
Called up share capital 1,546 1,546
Fair value reserve 11 15,986 15,986
Retained earnings 5,536,295 4,894,509
SHAREHOLDERS' FUNDS 5,553,827 4,912,041

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

BDMT LIMITED (REGISTERED NUMBER: 06407929)

BALANCE SHEET - continued
31 JULY 2024


The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 22 October 2024 and were signed on its behalf by:





Mr B J L Connop - Director


BDMT LIMITED (REGISTERED NUMBER: 06407929)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

BDMT Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about BDMT Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Motor vehicles - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in the profit or loss.

The fair value of the investment property has been determined by independent research by reference to recent market prices of similar properties in the area.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Rental income
Rental income is recognised when it is probable that the economic benefit associated with the transaction will flow to the company and the amount of revenue can be measured reliably.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

BDMT LIMITED (REGISTERED NUMBER: 06407929)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

4. TANGIBLE FIXED ASSETS
Freehold Motor
property vehicles Totals
£    £    £   
COST
At 1 August 2023 1,569,164 35,640 1,604,804
Additions 20,846 65,609 86,455
At 31 July 2024 1,590,010 101,249 1,691,259
DEPRECIATION
At 1 August 2023 317,377 1,485 318,862
Charge for year 31,383 12,638 44,021
At 31 July 2024 348,760 14,123 362,883
NET BOOK VALUE
At 31 July 2024 1,241,250 87,126 1,328,376
At 31 July 2023 1,251,787 34,155 1,285,942

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 August 2023 1,719,165
Additions 100
At 31 July 2024 1,719,265
NET BOOK VALUE
At 31 July 2024 1,719,265
At 31 July 2023 1,719,165

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023
and 31 July 2024 200,000
NET BOOK VALUE
At 31 July 2024 200,000
At 31 July 2023 200,000

Fair value at 31 July 2024 is represented by:
£   
Valuation in 2020 4,327
Valuation in 2021 5,000
Valuation in 2022 10,000
Cost 180,673
200,000

BDMT LIMITED (REGISTERED NUMBER: 06407929)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

6. INVESTMENT PROPERTY - continued

If investment property had not been revalued 2024 would have been included at the following historical cost:

2024 2023
£    £   
Cost 180,673 180,673
Aggregate depreciation (26,495 ) (22,882 )

Investment property was valued on an open market basis on 31 July 2024 by the Directors .

7. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Unlisted investments 1,034,630 987,483

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,342 18
Amounts owed to group undertakings 4,677 -
Taxation and social security 87,514 72,122
Other creditors 43,000 42,825
136,533 114,965

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 1,344 1,344

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Preference shares 1,344 1,344

10. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year - 6,877

11. RESERVES
Fair
value
reserve
£   
At 1 August 2023
and 31 July 2024 15,986