IRIS Accounts Production v24.3.2.46 SC356428 director 1.4.24 31.3.25 31.3.25 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC3564282024-03-31SC3564282025-03-31SC3564282024-04-012025-03-31SC3564282023-03-31SC3564282023-04-012024-03-31SC3564282024-03-31SC356428ns15:Scotland2024-04-012025-03-31SC356428ns14:PoundSterling2024-04-012025-03-31SC356428ns10:Director12024-04-012025-03-31SC356428ns10:PrivateLimitedCompanyLtd2024-04-012025-03-31SC356428ns10:SmallEntities2024-04-012025-03-31SC356428ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-31SC356428ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-31SC356428ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-31SC356428ns10:FullAccounts2024-04-012025-03-31SC35642812024-04-012025-03-31SC356428ns10:CompanySecretary12024-04-012025-03-31SC356428ns10:RegisteredOffice2024-04-012025-03-31SC356428ns5:CurrentFinancialInstruments2025-03-31SC356428ns5:CurrentFinancialInstruments2024-03-31SC356428ns5:ShareCapital2025-03-31SC356428ns5:ShareCapital2024-03-31SC356428ns5:RetainedEarningsAccumulatedLosses2025-03-31SC356428ns5:RetainedEarningsAccumulatedLosses2024-03-31SC356428ns5:NetGoodwill2024-04-012025-03-31SC356428ns5:IntangibleAssetsOtherThanGoodwill2024-04-012025-03-31SC356428ns5:PlantMachinery2024-04-012025-03-31SC356428ns5:MotorVehicles2024-04-012025-03-31SC356428ns5:ComputerEquipment2024-04-012025-03-31SC356428ns5:NetGoodwill2024-03-31SC356428ns5:NetGoodwill2025-03-31SC356428ns5:NetGoodwill2024-03-31SC356428ns5:PlantMachinery2024-03-31SC356428ns5:MotorVehicles2024-03-31SC356428ns5:ComputerEquipment2024-03-31SC356428ns5:PlantMachinery2025-03-31SC356428ns5:MotorVehicles2025-03-31SC356428ns5:ComputerEquipment2025-03-31SC356428ns5:PlantMachinery2024-03-31SC356428ns5:MotorVehicles2024-03-31SC356428ns5:ComputerEquipment2024-03-31SC356428ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-31SC356428ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-31SC356428ns5:DeferredTaxation2024-03-31SC356428ns5:DeferredTaxation2024-04-012025-03-31SC356428ns5:DeferredTaxation2025-03-31
REGISTERED NUMBER: SC356428 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

BM JOINERS LIMITED

BM JOINERS LIMITED (REGISTERED NUMBER: SC356428)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BM JOINERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: B Malarkey





SECRETARY: Mrs D Malarkey





REGISTERED OFFICE: 12 Grenadier Park
Cambuslang
Glasgow
G72 8EP





REGISTERED NUMBER: SC356428 (Scotland)





ACCOUNTANT: John Murphy & Company (Scotland) Limited
Chartered Accountants
Castle Chambers
67 Main Street
Bothwell
Lanarkshire
G71 8ER

BM JOINERS LIMITED (REGISTERED NUMBER: SC356428)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 9,600 12,000
Tangible assets 5 55,639 41,579
65,239 53,579

CURRENT ASSETS
Stocks 217,481 272,522
Debtors 6 281,310 365,177
Cash at bank 523,165 360,918
1,021,956 998,617
CREDITORS
Amounts falling due within one year 7 291,604 345,021
NET CURRENT ASSETS 730,352 653,596
TOTAL ASSETS LESS CURRENT
LIABILITIES

795,591

707,175

PROVISIONS FOR LIABILITIES 8 13,877 10,325
NET ASSETS 781,714 696,850

CAPITAL AND RESERVES
Called up share capital 140 140
Retained earnings 781,574 696,710
SHAREHOLDERS' FUNDS 781,714 696,850

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 14 April 2025 and were signed by:



B Malarkey - Director


BM JOINERS LIMITED (REGISTERED NUMBER: SC356428)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

BM Joiners Limited is a private company, limited by shares , registered in Scotland. 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 2009, is being amortised evenly over its estimated useful life of twenty 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.

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 cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their 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.

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.

BM JOINERS LIMITED (REGISTERED NUMBER: SC356428)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

2. ACCOUNTING POLICIES - continued

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 4 (2024 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 48,000
AMORTISATION
At 1 April 2024 36,000
Amortisation for year 2,400
At 31 March 2025 38,400
NET BOOK VALUE
At 31 March 2025 9,600
At 31 March 2024 12,000

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2024 55,693 62,339 1,832 119,864
Additions 2,828 24,990 - 27,818
At 31 March 2025 58,521 87,329 1,832 147,682
DEPRECIATION
At 1 April 2024 49,189 28,203 893 78,285
Charge for year 243 13,491 24 13,758
At 31 March 2025 49,432 41,694 917 92,043
NET BOOK VALUE
At 31 March 2025 9,089 45,635 915 55,639
At 31 March 2024 6,504 34,136 939 41,579

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 238,269 320,405
VAT 35,617 38,308
Prepayments 7,424 6,464
281,310 365,177

BM JOINERS LIMITED (REGISTERED NUMBER: SC356428)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 3,166 392
Trade creditors 89,383 162,069
Corporation tax 108,869 122,999
Payroll taxation 61,834 39,363
Pension fund control - 38
Directors' current accounts 6,355 1,918
Accrued charges 21,997 18,242
291,604 345,021

8. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax 13,877 10,325

Deferred
tax
£   
Balance at 1 April 2024 10,325
Provided during year 3,552
Balance at 31 March 2025 13,877

9. ULTIMATE CONTROLLING PARTY

The controlling party is B Malarkey.