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REGISTERED NUMBER: 13043793 (England and Wales)













Unaudited Financial Statements

for the Year Ended 30 November 2024

for

BIBBY BM LTD

BIBBY BM LTD (REGISTERED NUMBER: 13043793)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BIBBY BM LTD

Company Information
FOR THE YEAR ENDED 30 NOVEMBER 2024







Directors: Mr R C Bibby
Mrs J A Bibby





Registered office: 1st Floor Waterside House
Waterside Drive
Wigan
Lancashire
WN3 5AZ





Registered number: 13043793 (England and Wales)





Accountants: NRB
1st Floor Waterside House
Waterside Drive
Wigan
Lancashire
WN3 5AZ

BIBBY BM LTD (REGISTERED NUMBER: 13043793)

Balance Sheet
30 NOVEMBER 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 187,848 215,208

CURRENT ASSETS
Debtors 5 7,201 6,749
Cash at bank 28,871 -
36,072 6,749
CREDITORS
Amounts falling due within one year 6 121,420 119,134
NET CURRENT LIABILITIES (85,348 ) (112,385 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

102,500

102,823

CREDITORS
Amounts falling due after more than one year 7 (74,168 ) (100,580 )

PROVISIONS FOR LIABILITIES 9 (7,897 ) (1,908 )
NET ASSETS 20,435 335

CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings 20,433 333
SHAREHOLDERS' FUNDS 20,435 335

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

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

BIBBY BM LTD (REGISTERED NUMBER: 13043793)

Balance Sheet - continued
30 NOVEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 March 2025 and were signed on its behalf by:





Mr R C Bibby - Director


BIBBY BM LTD (REGISTERED NUMBER: 13043793)

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

1. STATUTORY INFORMATION

Bibby Bm 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

BIBBY BM LTD (REGISTERED NUMBER: 13043793)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 December 2023 - 267,575 674 268,249
Additions 422 25,450 - 25,872
Disposals - (14,000 ) - (14,000 )
At 30 November 2024 422 279,025 674 280,121
DEPRECIATION
At 1 December 2023 - 52,712 329 53,041
Charge for year 46 45,800 69 45,915
Eliminated on disposal - (6,683 ) - (6,683 )
At 30 November 2024 46 91,829 398 92,273
NET BOOK VALUE
At 30 November 2024 376 187,196 276 187,848
At 30 November 2023 - 214,863 345 215,208

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Other debtors 7,201 6,749

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans and overdrafts 3,292 2,366
Hire purchase contracts 41,659 38,037
Taxation and social security 566 433
Other creditors 75,903 78,298
121,420 119,134

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.24 30.11.23
£    £   
Hire purchase contracts 74,168 100,580

8. SECURED DEBTS

The following secured debts are included within creditors:

30.11.24 30.11.23
£    £   
Hire purchase contracts 115,827 138,617

9. PROVISIONS FOR LIABILITIES
30.11.24 30.11.23
£    £   
Deferred tax 7,897 1,908

BIBBY BM LTD (REGISTERED NUMBER: 13043793)

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

9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 December 2023 1,908
Charge to Statement of Income and Retained Earnings during year 5,989
Balance at 30 November 2024 7,897

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.24 30.11.23
value: £    £   
1 Ordinary £1 1 1
1 A Ordinary Share £1 1 1
2 2