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
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
BM MOTORSPORTS LTD
Statement of financial position
as at 30 April 2024
Tangible assets
29,722
10,672
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)
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
BM MOTORSPORTS LTD
Notes to the Accounts
for the year ended 30 April 2024
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.
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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.
The accounts are presented in £ sterling.
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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
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
At 30 April 2024
14,481
8,100
7,141
29,722
At 30 April 2023
10,672
-
-
10,672
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,162
4,463
Taxes and social security
1,956
-
Loans from directors
2,911
2,772
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
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Average number of employees
During the year the average number of employees was 2 (2023: 2).