Bm & Rg Limited 05286482 Motor Engineers false 1 April 2023 05286482 2023-04-01 2024-03-31 05286482 2023-03-31 05286482 2024-03-31 05286482 2022-04-01 2023-03-31 05286482 2022-03-31 05286482 2023-03-31 05286482 frs102-bus:FRS102 2023-04-01 2024-03-31 05286482 frs102-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05286482 frs102-bus:FullAccounts 2023-04-01 2024-03-31 05286482 frs102-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 05286482 frs102-core:CurrentFinancialInstruments 2024-03-31 05286482 frs102-core:CurrentFinancialInstruments 2023-03-31 05286482 frs102-core:Non-currentFinancialInstruments 2024-03-31 05286482 frs102-core:Non-currentFinancialInstruments 2023-03-31 05286482 frs102-core:ShareCapital 2024-03-31 05286482 frs102-core:ShareCapital 2023-03-31 05286482 frs102-core:RetainedEarningsAccumulatedLosses 2024-03-31 05286482 frs102-core:RetainedEarningsAccumulatedLosses 2023-03-31 05286482 frs102-bus:Director1 2023-04-01 2024-03-31 05286482 frs102-core:Vehicles 2023-04-01 2024-03-31 05286482 frs102-core:ToolsEquipment 2023-04-01 2024-03-31 05286482 frs102-core:Vehicles 2023-03-31 05286482 frs102-core:ToolsEquipment 2023-03-31 05286482 frs102-core:Vehicles 2024-03-31 05286482 frs102-core:ToolsEquipment 2024-03-31 05286482 frs102-core:Vehicles 2023-03-31 05286482 frs102-core:ToolsEquipment 2023-03-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
05286482
Bm & Rg Limited
Unaudited Accounts
for the year ended
31 March 2024
Bm & Rg Limited
Balance Sheet
as at 31 March 2024
Notes
2024
£
2023
£
Fixed assets
Intangible assets 3 1 1
Tangible assets 4 12,712 9,786
12,713 9,787
Current assets
Debtors 7,203 4,875
Cash at bank and in hand 76,023 66,775
83,226 71,650
Creditors: amounts falling due within one year (54,492) (44,482)
Net current assets / (liabilities) 28,734 27,168
Total assets less current liabilities 41,447 36,955
Creditors: amounts falling due after more than one year (5,333) (9,333)
Provisions for liabilities (2,415) (1,859)
Total net assets (liabilities) 33,699 25,763
Capital and reserves
Called up share capital 5 500 500
Profit and loss account 33,199 25,263
Shareholders' funds 33,699 25,763

Bm & Rg Limited
Balance Sheet
as at 31 March 2024



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

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.

Signed on behalf of the board of directors

...............................

Mr R Godman

Director


Approved by the board on 4 November 2024

Company Number: 05286482 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

Well Cottage Cucumber Lane
Essendon
Hatfield
AL9 6JB
England

Bm & Rg Limited
Notes to the Accounts
for the year ended 31 March 2024

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods or services is recognised when goods or services are delivered and legal title has passed.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Vehicles 25% Reducing Balance
Tools & equipment 15% Reducing Balance
Intangible fixed assets
Purchased goodwill has been depreciated on a straight line basis over 10 years leaving a nominal net written down value.
Deferred taxation
Taxation represents the sum of tax currently payable and deferred tax.
The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
Leases and hire purchase contracts
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Pensions
Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account for the year in which they are payable to the scheme.
2. Employees
2024 2023
Average number of employees during the period 3 3

3. Intangible fixed assets
Total
Cost £
At 1 April 2023 33,000
At 31 March 2024 33,000
Amortisation
At 1 April 2023 32,999
At 31 March 2024 32,999
Net book value
At 31 March 2024 1
At 31 March 2023 1

4. Tangible fixed assets
Vehicles Tools & equipment Total
Cost or valuation £ £ £
At 1 April 2023 1,800 15,757 17,557
Additions 6,150 0 6,150
Disposals (600) (0) (600)
At 31 March 2024 7,350 15,757 23,107
Depreciation
At 1 April 2023 1,046 6,725 7,771
Charge for the period 1,869 1,355 3,224
On disposals (600) (0) (600)
At 31 March 2024 2,315 8,080 10,395
Net book value
At 31 March 2024 5,035 7,677 12,712
At 31 March 2023 754 9,032 9,786

5. Share capital
2024 2023
£ £
Allotted, called up and fully paid:
250 (2023: 250) A Ordinary shares of £1.00 each 250 250
Allotted, called up and fully paid:
250 (2023: 250) B Ordinary shares of £1.00 each 250 250
500 500

Commitments, guarantees and contingencies

Notes

Pension commitment The company operates a defined contribution Automatic enrolment pension scheme on behalf of the employees. The annual pension commitment is for contributions of 3% of pensionable earnings in the Automatic enrolment scheme. The company has annual commitments under an unsecured bank loan of £4000 (2023 - £4000). Capital lease and other financial commitments, guarantees and contingencies The company had no capital, lease or other financial commitments, guarantees and contingencies at the 31 March 2024 (2023 - None).

7. Other information

BM & RG Limited is a private company limited by shares and incorporated in England and Wales.
Its registered office is 1 Sandridgebury Lane, Sandridge, St Albans Hertfordshire AL3 6RA.

The financial statements are presented in Sterling, which is the functional currency of the company.

During the two years ending on the 31 March 2024 there was no controlling party as Brian Moderate and Robert W. Godman the secretary or director of the company each own one half of the issued ordinary share capital.

The principal activity of the company in the year under review was that of motor engineers.