REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 July 2024 |
for |
BMC CONVERSIONS LIMITED |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 July 2024 |
for |
BMC CONVERSIONS LIMITED |
BMC CONVERSIONS LIMITED (REGISTERED NUMBER: 11456933) |
Contents of the Financial Statements |
for the year ended 31 JULY 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
BMC CONVERSIONS LIMITED |
Company Information |
for the year ended 31 JULY 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANT: |
155 Wellingborough Road |
Rushden |
Northamptonshire |
NN10 9TB |
BMC CONVERSIONS LIMITED (REGISTERED NUMBER: 11456933) |
Balance Sheet |
31 JULY 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Fair value reserve | 8 |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS |
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. |
BMC CONVERSIONS LIMITED (REGISTERED NUMBER: 11456933) |
Balance Sheet - continued |
31 JULY 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
BMC CONVERSIONS LIMITED (REGISTERED NUMBER: 11456933) |
Notes to the Financial Statements |
for the year ended 31 JULY 2024 |
1. | STATUTORY INFORMATION |
BMC Conversions Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
Plant and machinery | - |
Computer equipment | - |
Stocks |
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. |
Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing |
stock to its present location and condition. |
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. |
Going concern |
These accounts have been prepared on the going concern basis, on the understanding that the directors will continue to financially support the company during this uncertain period. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
BMC CONVERSIONS LIMITED (REGISTERED NUMBER: 11456933) |
Notes to the Financial Statements - continued |
for the year ended 31 JULY 2024 |
4. | TANGIBLE FIXED ASSETS |
Plant and | Motor | Computer |
machinery | vehicles | equipment | Totals |
£ | £ | £ | £ |
COST OR VALUATION |
At 1 August 2023 |
Additions |
At 31 July 2024 |
DEPRECIATION |
At 1 August 2023 |
Charge for year |
At 31 July 2024 |
NET BOOK VALUE |
At 31 July 2024 |
At 31 July 2023 |
Cost or valuation at 31 July 2024 is represented by: |
Plant and | Motor | Computer |
machinery | vehicles | equipment | Totals |
£ | £ | £ | £ |
Valuation in 2023 | - | 48,526 | - | 48,526 |
Cost | 32,580 | 41,474 | 605 | 74,659 |
32,580 | 90,000 | 605 | 123,185 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Hire purchase contracts |
Trade creditors |
Amounts owed to group undertakings |
Taxation and social security |
Other creditors |
BMC CONVERSIONS LIMITED (REGISTERED NUMBER: 11456933) |
Notes to the Financial Statements - continued |
for the year ended 31 JULY 2024 |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2024 | 2023 |
value: | £ | £ |
A | £1 | 50 | 50 |
B | £1 | 50 | 50 |
C | £1 | 50 | 50 |
D | £1 | 50 | 50 |
200 | 200 |
8. | RESERVES |
Fair |
value |
reserve |
£ |
At 1 August 2023 |
and 31 July 2024 |