BMAK INVESTMENTS LIMITED

Company Registration Number:
06324478 (England and Wales)

Unaudited abridged accounts for the year ended 24 July 2024

Period of accounts

Start date: 01 August 2023

End date: 24 July 2024

BMAK INVESTMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 24 July 2024

Balance sheet
Notes

BMAK INVESTMENTS LIMITED

Balance sheet

As at 24 July 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 7,836 7,836
Investments: 4 3,866,610 3,367,063
Total fixed assets: 3,874,446 3,374,899
Current assets
Debtors:   129,604 101,426
Cash at bank and in hand: 10,680,649 7,010,884
Investments:     110,102
Total current assets: 10,810,253 7,222,412
Creditors: amounts falling due within one year:   (116,066) (788,727)
Net current assets (liabilities): 10,694,187 6,433,685
Total assets less current liabilities: 14,568,633 9,808,584
Creditors: amounts falling due after more than one year:   (7,886,703) (7,972,287)
Total net assets (liabilities): 6,681,930 1,836,297
Capital and reserves
Called up share capital: 120 100
Profit and loss account: 6,681,810 1,836,197
Shareholders funds: 6,681,930 1,836,297

The notes form part of these financial statements

BMAK INVESTMENTS LIMITED

Balance sheet statements

For the year ending 24 July 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 01 November 2024
and signed on behalf of the board by:

Name: Christopher Sheath
Status: Director

The notes form part of these financial statements

BMAK INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 24 July 2024

1. Accounting policies

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

BMAK INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 24 July 2024

2. Employees

2024 2023
Average number of employees during the period 3 3

BMAK INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 24 July 2024

3. Tangible Assets

Total
Cost £
At 01 August 2023 7,836
At 24 July 2024 7,836
Net book value
At 24 July 2024 7,836
At 31 July 2023 7,836

BMAK INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 24 July 2024

4. Fixed investments

Investments are shown at cost unless, in the opinion of the directors, there is a permanent diminution in value is which case the cost of the investment is reduced to that value.

BMAK INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 24 July 2024

5. Related party transactions

Name of the related party: Benmor Medical (UK) Limited
Relationship:
Subsidiary
Description of the Transaction: The accounts for the prior year show £110,00 as receivable from the related company. This was is due from Benmor Medical (UK) Limited, a wholly owned subsidiary of Benmor Limited in which the Company had a 68% shareholding until 29 September 2023 when Benmor Limited and its subsidiary were sold and the amount was repaid.
£
Balance at 01 August 2023 110,000
Balance at 24 July 2024 0
Name of the related party: K W Lawrence & B Lawrence
Relationship:
Shareholders and Directors
Description of the Transaction: K W Lawrence and B Lawrence, who are shareholders and directors are creditors of the company and have provided funds for the company to invest. These loans are unsecured, interest free and repayable on 31 July 2060 or sooner if approved at a general meeting of shareholders the company.
£
Balance at 01 August 2023 1,972,287
Balance at 24 July 2024 1,886,703
Name of the related party: A Lawrence and M Lawrence
Relationship:
Shareholders
Description of the Transaction: A Lawrence and M Lawrence, who are shareholders and related to the directors, are creditors of the company and have provided funds for the company to invest. These loans are unsecured, interest free and repayable on 31 July 2060 or sooner if approved at a general meeting of shareholders the company.
£
Balance at 01 August 2023 6,000,000
Balance at 24 July 2024 6,000,000