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REGISTERED NUMBER: 06275399 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

BKM TRANSPORT UK LTD

BKM TRANSPORT UK LTD (REGISTERED NUMBER: 06275399)

Contents of the Financial Statements
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BKM TRANSPORT UK LTD

Company Information
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Mr Hasan Bakimci
Mr Edip Bakimci





REGISTERED OFFICE: The Highlands Detling Hill
Maidstone
Kent
ME14 3HT





REGISTERED NUMBER: 06275399 (England and Wales)





ACCOUNTANTS: ADPL LLP
293 Green Lanes
London
N13 4XS

BKM TRANSPORT UK LTD (REGISTERED NUMBER: 06275399)

Balance Sheet
30 JUNE 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 159,097 45,763

CURRENT ASSETS
Debtors 5 1,987,556 2,825,878
Cash at bank and in hand 328,136 600,756
2,315,692 3,426,634
CREDITORS
Amounts falling due within one year 6 1,846,704 3,018,863
NET CURRENT ASSETS 468,988 407,771
TOTAL ASSETS LESS CURRENT
LIABILITIES

628,085

453,534

CREDITORS
Amounts falling due after more than one
year

7

(84,667

)

(124,667

)

PROVISIONS FOR LIABILITIES 8 (16,162 ) (3,804 )
NET ASSETS 527,256 325,063

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 527,156 324,963
SHAREHOLDERS' FUNDS 527,256 325,063

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

BKM TRANSPORT UK LTD (REGISTERED NUMBER: 06275399)

Balance Sheet - continued
30 JUNE 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 March 2025 and were signed on its behalf by:




Mr Hasan Bakimci - Director



Mr Edip Bakimci - Director


BKM TRANSPORT UK LTD (REGISTERED NUMBER: 06275399)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

BKM Transport UK Ltd 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
The accounts are prepared on a going concern basis, the use of the going concern basis of accounting is appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

In carrying out this assessment, the directors have considered the impact of the Covid-19 pandemic on the trade and finances of the company and wider group and they have taken steps to protect liquidity.

The directors are therefore satisfied that there is no significant risk to the ability of the company to continue as a going concern for at least 12 months from the date of approval of these 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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.

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.

BKM TRANSPORT UK LTD (REGISTERED NUMBER: 06275399)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 JUNE 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 July 2023 28,600 27,384 10,450
Additions 56,800 20,350 40,515
At 30 June 2024 85,400 47,734 50,965
DEPRECIATION
At 1 July 2023 2,860 25,460 4,770
Charge for year 8,540 5,568 11,549
At 30 June 2024 11,400 31,028 16,319
NET BOOK VALUE
At 30 June 2024 74,000 16,706 34,646
At 30 June 2023 25,740 1,924 5,680

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 July 2023 15,952 13,309 95,695
Additions 3,990 28,585 150,240
At 30 June 2024 19,942 41,894 245,935
DEPRECIATION
At 1 July 2023 6,979 9,863 49,932
Charge for year 3,241 8,008 36,906
At 30 June 2024 10,220 17,871 86,838
NET BOOK VALUE
At 30 June 2024 9,722 24,023 159,097
At 30 June 2023 8,973 3,446 45,763

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 168,551 1,102,345
Amounts owed by group undertakings 1,506,615 1,506,615
Other debtors 312,390 216,918
1,987,556 2,825,878

BKM TRANSPORT UK LTD (REGISTERED NUMBER: 06275399)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 JUNE 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 1,510,980 2,421,465
Amounts owed to group undertakings - 220,000
Taxation and social security 4,144 7,855
Other creditors 331,580 369,543
1,846,704 3,018,863

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans 76,667 116,667
Other creditors 8,000 8,000
84,667 124,667

8. PROVISIONS FOR LIABILITIES
30.6.24 30.6.23
£    £   
Deferred tax 16,162 3,804

Deferred
tax
£   
Balance at 1 July 2023 3,804
Charge to Profit & Loss Account during year 12,358
Balance at 30 June 2024 16,162

9. RELATED PARTY DISCLOSURES

At the year end the company has receivables of £1,503,615 (2023: £1,503,615) from Bakimci Investment SPV Ltd and £3,000 (2023: £3,000) from Bakimci Holding Ltd, and payable of NIL (2023: £220,000) to BKM Trading & Supplies Ltd.

10. ULTIMATE CONTROLLING PARTY

The company is under the control of the directors Mr Hasan Bakimci & Mr Edip Bakimci throughout financial year by virtue of their joint 100% shareholdings.