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Company Registration No. 10514195 (England and Wales)
BM MOTORSPORTS LTD Unaudited accounts for the year ended 30 April 2024
BM MOTORSPORTS LTD Unaudited accounts Contents
Page
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BM MOTORSPORTS LTD Company Information for the year ended 30 April 2024
Director
Mohammad Amin SHAHIRI
Company Number
10514195 (England and Wales)
Registered Office
Unit 7B, Flint Rd, Letchworth Garden City SG6 1HJ ENGLAND
Accountants
Samir and Co 254 Goldhawk Road London W12 9PE
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BM MOTORSPORTS LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
29,722 
10,672 
Current assets
Cash at bank and in hand
16,902 
21,733 
Creditors: amounts falling due within one year
(12,811)
(10,690)
Net current assets
4,091 
11,043 
Total assets less current liabilities
33,813 
21,715 
Creditors: amounts falling due after more than one year
(1,311)
(8,693)
Net assets
32,502 
13,022 
Capital and reserves
Profit and loss account
32,502 
13,022 
Shareholders' funds
32,502 
13,022 
For the year ending 30 April 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 director acknowledges his 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 and authorised for issue on 13 January 2025 and were signed on its behalf by
Mohammad Amin SHAHIRI Director Company Registration No. 10514195
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BM MOTORSPORTS LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
BM MOTORSPORTS LTD is a private company, limited by shares, registered in England and Wales, registration number 10514195. The registered office is Unit 7B, Flint Rd, , Letchworth Garden City, SG6 1HJ, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
19,633 
- 
- 
19,633 
Additions
5,418 
9,000 
7,935 
22,353 
At 30 April 2024
25,051 
9,000 
7,935 
41,986 
Depreciation
At 1 May 2023
8,961 
- 
- 
8,961 
Charge for the year
1,609 
900 
794 
3,303 
At 30 April 2024
10,570 
900 
794 
12,264 
Net book value
At 30 April 2024
14,481 
8,100 
7,141 
29,722 
At 30 April 2023
10,672 
- 
- 
10,672 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
6,382 
3,455 
Trade creditors
1,162 
4,463 
Taxes and social security
1,956 
- 
Other creditors
400 
- 
Loans from directors
2,911 
2,772 
12,811 
10,690 
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BM MOTORSPORTS LTD Notes to the Accounts for the year ended 30 April 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
1,311 
8,693 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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