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Company Registration No. 11417968 (England and Wales)
BME SALON LIMITED Unaudited accounts for the year ended 30 June 2024
BME SALON LIMITED Unaudited accounts Contents
Page
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BME SALON LIMITED Company Information for the year ended 30 June 2024
Director
Mr B Ebrahimi
Company Number
11417968 (England and Wales)
Registered Office
43 LYPPIATT ROAD BRISTOL BS5 9HW
Accountants
FARQUHAR PARTNERSHIP LIMITED 151 WHITELADIES ROAD CLIFTON BRISTOL BS8 2RA
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BME SALON LIMITED Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
156 
Tangible assets
457,278 
244,835 
457,278 
244,991 
Current assets
Inventories
10,045 
11,818 
Debtors
8,508 
3,052 
Cash at bank and in hand
19,225 
58,924 
37,778 
73,794 
Creditors: amounts falling due within one year
(114,229)
(115,622)
Net current liabilities
(76,451)
(41,828)
Total assets less current liabilities
380,827 
203,163 
Creditors: amounts falling due after more than one year
(294,460)
(152,250)
Provisions for liabilities
Deferred tax
(34,958)
(3,943)
Net assets
51,409 
46,970 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
51,399 
46,960 
Shareholders' funds
51,409 
46,970 
For the year ending 30 June 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 21 March 2025 and were signed on its behalf by
Mr B Ebrahimi Director Company Registration No. 11417968
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BME SALON LIMITED Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
BME SALON LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11417968. The registered office is 43 LYPPIATT ROAD, BRISTOL, BS5 9HW.
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are included at cost less accumulated amortisation.
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:
Land & buildings
20% straight line
Plant & machinery
10% straight line
Computer equipment
20% straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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BME SALON LIMITED Notes to the Accounts for the year ended 30 June 2024
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 July 2023
2,184 
At 30 June 2024
2,184 
Amortisation
At 1 July 2023
2,028 
Charge for the year
156 
At 30 June 2024
2,184 
Net book value
At 30 June 2024
- 
At 30 June 2023
156 
Costs capitalised represent the development of a new website that went live in 2019 and is amortised over four years on a straight line basis.
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BME SALON LIMITED Notes to the Accounts for the year ended 30 June 2024
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2023
235,202 
24,030 
3,109 
262,341 
Additions
222,193 
291 
- 
222,484 
At 30 June 2024
457,395 
24,321 
3,109 
484,825 
Depreciation
At 1 July 2023
8,638 
7,484 
1,384 
17,506 
Charge for the year
1,399 
8,020 
622 
10,041 
At 30 June 2024
10,037 
15,504 
2,006 
27,547 
Net book value
At 30 June 2024
447,358 
8,817 
1,103 
457,278 
At 30 June 2023
226,564 
16,546 
1,725 
244,835 
6
Inventories
2024 
2023 
£ 
£ 
Raw materials
3,716 
4,372 
Finished goods
6,329 
7,446 
10,045 
11,818 
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,566 
- 
Accrued income and prepayments
3,859 
2,834 
Other debtors
83 
218 
8,508 
3,052 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,470 
- 
Trade creditors
16,476 
5,828 
Taxes and social security
17,166 
33,807 
Other creditors
2,508 
2,229 
Loans from directors
72,234 
72,145 
Accruals
1,375 
1,613 
114,229 
115,622 
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
294,460 
152,250 
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BME SALON LIMITED Notes to the Accounts for the year ended 30 June 2024
10
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
34,958 
3,958 
Other deferred taxation
- 
(15)
34,958 
3,943 
2024 
2023 
£ 
£ 
Provision at start of year
3,943 
3,229 
Charged to the profit and loss account
31,015 
714 
Provision at end of year
34,958 
3,943 
11
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10 
10 
12
Average number of employees
During the year the average number of employees was 4 (2023: 5).
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