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REGISTERED NUMBER: 02328010 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

B.V.M. LIMITED

B.V.M. LIMITED (REGISTERED NUMBER: 02328010)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


B.V.M. LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







Directors: Mr C Brierley
Mr. R J Clarke
Mr N Lawrence
Ms J D Maynard





Secretary: Mr. R J Clarke





Registered office: Lakeside House Waltham Business Park Bri
Swanmore
Southampton
Hampshire
SO32 2SA





Registered number: 02328010 (England and Wales)





Accountants: M Squared Accounting Ltd
Botley Mills
Mill Hill
Botley
Southampton
Hampshire
SO30 2GB

B.V.M. LIMITED (REGISTERED NUMBER: 02328010)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 47,770 8,477

Current assets
Stocks 5 350,924 287,324
Debtors 6 586,421 406,101
Cash at bank and in hand 190,352 81,020
1,127,697 774,445
Creditors
Amounts falling due within one year 7 846,175 536,736
Net current assets 281,522 237,709
Total assets less current liabilities 329,292 246,186

Creditors
Amounts falling due after more than one
year

8

128,005

158,978
Net assets 201,287 87,208

Capital and reserves
Called up share capital 72,070 72,070
Share premium 75,120 75,120
Other reserves 12,810 12,810
Retained earnings 41,287 (72,792 )
201,287 87,208

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

B.V.M. LIMITED (REGISTERED NUMBER: 02328010)

BALANCE SHEET - continued
30 APRIL 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 January 2025 and were signed on its behalf by:





Mr. R J Clarke - Director


B.V.M. LIMITED (REGISTERED NUMBER: 02328010)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

B.V.M. Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

B.V.M. LIMITED (REGISTERED NUMBER: 02328010)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2023 - 13 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 May 2023 99,874 22,717 122,591
Additions 12,258 41,750 54,008
Disposals (329 ) (22,717 ) (23,046 )
At 30 April 2024 111,803 41,750 153,553
DEPRECIATION
At 1 May 2023 96,537 17,577 114,114
Charge for year 3,898 6,623 10,521
Eliminated on disposal (329 ) (18,523 ) (18,852 )
At 30 April 2024 100,106 5,677 105,783
NET BOOK VALUE
At 30 April 2024 11,697 36,073 47,770
At 30 April 2023 3,337 5,140 8,477

5. STOCKS
2024 2023
£    £   
Stocks 350,924 287,324

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 558,547 359,532
Other debtors 27,874 46,569
586,421 406,101

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 9) 58,099 56,937
Hire purchase contracts 4,788 9,014
Trade creditors 256,989 113,842
Taxation and social security 163,261 75,715
Other creditors 363,038 281,228
846,175 536,736

B.V.M. LIMITED (REGISTERED NUMBER: 02328010)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 9) 101,097 158,978
Hire purchase contracts 26,908 -
128,005 158,978

9. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 58,099 56,937

Amounts falling due between one and two years:
Bank loans - 1-2 years 101,097 158,978

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 81,696 108,415

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

2024 2023
£    £   
Mr. R J Clarke
Balance outstanding at start of year 31,279 31,279
Amounts advanced 28,577 -
Amounts repaid (54,102 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 5,754 31,279

12. ULTIMATE CONTROLLING PARTY

The controlling party is Mr. R J Clarke.