Company Registration No. 07128405 (England and Wales)
B M Windows & Conservatories Limited
Unaudited accounts
for the year ended 31 March 2024
B M Windows & Conservatories Limited
Unaudited accounts
Contents
B M Windows & Conservatories Limited
Company Information
for the year ended 31 March 2024
Directors
Michael Leach
Victoria Louise Leach
Company Number
07128405 (England and Wales)
Registered Office
57 Throgmorton Road
Yateley
Hampshire
GU46 6FA
Accountants
Abacus Accounting Solutions Ltd
5 Pasture Close
North Wembley
Middlesex
HA0 3JE
B M Windows & Conservatories Limited
Statement of financial position
as at 31 March 2024
Tangible assets
17,440
21,935
Cash at bank and in hand
60,155
54,412
Creditors: amounts falling due within one year
(26,411)
(25,052)
Net current assets
35,971
31,706
Called up share capital
100
100
Profit and loss account
53,311
53,541
Shareholders' funds
53,411
53,641
For the year ending 31 March 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2024 and were signed on its behalf by
Michael Leach
Director
Company Registration No. 07128405
B M Windows & Conservatories Limited
Notes to the Accounts
for the year ended 31 March 2024
B M Windows & Conservatories Limited is a private company, limited by shares, registered in England and Wales, registration number 07128405. The registered office is 57 Throgmorton Road, Yateley, Hampshire, GU46 6FA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
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.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Grants receivable
Business grants are credited to profit and loss account on an accruals basis where it is probable that they will be received.
The accounts are presented in £ sterling.
B M Windows & Conservatories Limited
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
7,084
39,699
2,883
4,137
53,803
Additions
325
-
998
-
1,323
At 31 March 2024
7,409
39,699
3,881
4,137
55,126
At 1 April 2023
5,113
20,645
2,092
4,018
31,868
Charge for the year
574
4,764
450
30
5,818
At 31 March 2024
5,687
25,409
2,542
4,048
37,686
At 31 March 2024
1,722
14,290
1,339
89
17,440
At 31 March 2023
1,971
19,054
791
119
21,935
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
8,857
11,991
Taxes and social security
15,581
11,050
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Average number of employees
During the year the average number of employees was 1 (2023: 1).