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Company Registration No. 11346805 (England and Wales)
BMB CAR & COMMERCIALS LTD Unaudited accounts for the year ended 31 May 2024
BMB CAR & COMMERCIALS LTD Unaudited accounts Contents
Page
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BMB CAR & COMMERCIALS LTD Company Information for the year ended 31 May 2024
Directors
Mr G P Bailey Mr C A McKnight Miss F A Bain
Company Number
11346805 (England and Wales)
Registered Office
SALTERS LANE GARAGE SALTERS LANE LOPPINGTON SHREWSBURY SHROPSHIRE SY4 5NE UNITED KINGDOM
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BMB CAR & COMMERCIALS LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
59,459 
69,623 
Current assets
Debtors
68,762 
82,276 
Cash at bank and in hand
7,291 
24,291 
76,053 
106,567 
Creditors: amounts falling due within one year
(65,677)
(85,500)
Net current assets
10,376 
21,067 
Total assets less current liabilities
69,835 
90,690 
Creditors: amounts falling due after more than one year
(1,565)
(13,786)
Net assets
68,270 
76,904 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
68,267 
76,901 
Shareholders' funds
68,270 
76,904 
For the year ending 31 May 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 January 2025 and were signed on its behalf by
Miss F A Bain Director Company Registration No. 11346805
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BMB CAR & COMMERCIALS LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
BMB CAR & COMMERCIALS LTD is a private company, limited by shares, registered in England and Wales, registration number 11346805. The registered office is SALTERS LANE GARAGE SALTERS LANE, LOPPINGTON, SHREWSBURY, SHROPSHIRE, SY4 5NE, UNITED KINGDOM.
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.
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
20% straight line
Motor vehicles
20% straight line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
91,800 
34,130 
125,930 
Additions
1,819 
13,440 
15,259 
At 31 May 2024
93,619 
47,570 
141,189 
Depreciation
At 1 June 2023
34,216 
22,091 
56,307 
Charge for the year
18,429 
6,994 
25,423 
At 31 May 2024
52,645 
29,085 
81,730 
Net book value
At 31 May 2024
40,974 
18,485 
59,459 
At 31 May 2023
57,584 
12,039 
69,623 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
68,762 
82,276 
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BMB CAR & COMMERCIALS LTD Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
20,833 
30,833 
VAT
13,647 
13,838 
Trade creditors
22,060 
28,222 
Taxes and social security
8,792 
11,819 
Loans from directors
(495)
(52)
Accruals
840 
840 
65,677 
85,500 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
444 
5,602 
Other creditors
1,121 
8,184 
1,565 
13,786 
8
Average number of employees
During the year the average number of employees was 7 (2023: 7).
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