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REGISTERED NUMBER: 06246635 (England and Wales)












Financial Statements

for the Year Ended 30th June 2024

for

BPM INTERNATIONAL (UK) LTD

BPM INTERNATIONAL (UK) LTD (REGISTERED NUMBER: 06246635)

Contents of the Financial Statements
for the year ended 30th June 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BPM INTERNATIONAL (UK) LTD

Company Information
for the year ended 30th June 2024







DIRECTOR: D Osmond



SECRETARY: K Richardson



REGISTERED OFFICE: 1 Tower House
Tower Centre
Hoddesdon
Hertfordshire
EN11 8UR



REGISTERED NUMBER: 06246635 (England and Wales)



ACCOUNTANTS: Attenboroughs (Accountants) Limited
Chartered Certified Accountants
1 Tower House
Tower Centre
Hoddesdon
Hertfordshire
EN11 8UR



BANKERS: HSBC Bank
45 High Street
Hoddesdon
Hertfordshire
EN11 8TA

BPM INTERNATIONAL (UK) LTD (REGISTERED NUMBER: 06246635)

Balance Sheet
30th June 2024

30/6/24 30/6/23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 9,854 13,142
9,854 13,142

CURRENT ASSETS
Stocks 6 149,448 216,937
Debtors 7 16,826 26,360
Cash at bank and in hand 6,738 4,904
173,012 248,201
CREDITORS
Amounts falling due within one year 8 1,002,901 875,632
NET CURRENT LIABILITIES (829,889 ) (627,431 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(820,035

)

(614,289

)

CREDITORS
Amounts falling due after more than one year 9 9,640 19,844
NET LIABILITIES (829,675 ) (634,133 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (829,775 ) (634,233 )
SHAREHOLDERS' FUNDS (829,675 ) (634,133 )

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

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

The director acknowledges his 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.

BPM INTERNATIONAL (UK) LTD (REGISTERED NUMBER: 06246635)

Balance Sheet - continued
30th 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14th March 2025 and were signed by:





D Osmond - Director


BPM INTERNATIONAL (UK) LTD (REGISTERED NUMBER: 06246635)

Notes to the Financial Statements
for the year ended 30th June 2024


1. STATUTORY INFORMATION

BPM INTERNATIONAL (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
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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, has been amortised evenly over its estimated useful life of three years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Patents and licences
Costs incurred in connection with the registration of patents and trademarks are capitalised and amortised in the year of expenditure.

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
Computer equipment - 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.


BPM INTERNATIONAL (UK) LTD (REGISTERED NUMBER: 06246635)

Notes to the Financial Statements - continued
for the year ended 30th June 2024


2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Patents
and
Goodwill licences Totals
£    £    £   
COST
At 1st July 2023
and 30th June 2024 88,336 6,413 94,749
AMORTISATION
At 1st July 2023
and 30th June 2024 88,336 6,413 94,749
NET BOOK VALUE
At 30th June 2024 - - -
At 30th June 2023 - - -

BPM INTERNATIONAL (UK) LTD (REGISTERED NUMBER: 06246635)

Notes to the Financial Statements - continued
for the year ended 30th June 2024


5. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1st July 2023
and 30th June 2024 16,625 78,776 5,500 37,811 138,712
DEPRECIATION
At 1st July 2023 14,961 73,640 4,766 32,203 125,570
Charge for year 416 1,283 184 1,405 3,288
At 30th June 2024 15,377 74,923 4,950 33,608 128,858
NET BOOK VALUE
At 30th June 2024 1,248 3,853 550 4,203 9,854
At 30th June 2023 1,664 5,136 734 5,608 13,142

6. STOCKS
30/6/24 30/6/23
£    £   
Raw and packing materials 82,173 152,046
Finished goods 67,275 64,891
149,448 216,937

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/24 30/6/23
£    £   
Trade debtors 14,768 14,351
VAT 2,058 11,676
Prepayments - 333
16,826 26,360

BPM INTERNATIONAL (UK) LTD (REGISTERED NUMBER: 06246635)

Notes to the Financial Statements - continued
for the year ended 30th June 2024


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/24 30/6/23
£    £   
Bank loans and overdrafts - 114
Trade creditors 19,777 63,073
Social security and other taxes 1,797 1,872
Bank loan 10,268 10,015
Other creditors 1,492 1,103
Related company - Baden P Morris PTY
Limited

542,309

496,659
Related company - SB Global PTY Limited 193,040 193,040
Related company - Isoki 101,082 101,082
Related company - BPM NZ 106,685 5,104
Related company - Adran Properties 22,881 -
Accrued expenses 3,570 3,570
1,002,901 875,632

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/6/24 30/6/23
£    £   
Bank loans - 1-2 years 9,640 10,268
Bank loans - 2-5 years - 9,576
9,640 19,844

10. RELATED PARTY DISCLOSURES

The following amounts are owed to / from companies which are also under the control of Mr D Osmond, who is the Director of BPM International (UK) Limited:

£542,309 (2023: £4496,659) to Baden P Morris PTY Limited
£193,040 (2023: £193,040) to S B Global PTY Limited
£101,082 (2023: £101,082) to Isoki
£106,685 (2023: £5,104) to BPM NZ
£22,881 (2023: NIL) to Adran Properties

11. ULTIMATE CONTROLLING PARTY

The controlling party is D Osmond.