Registered number
15308755
BAM Financial Ltd
Filleted Accounts
31 March 2025
BAM Financial Ltd
Registered number: 15308755
Balance Sheet
as at 31 March 2025
Notes 2025
£
Current assets
Cash at bank and in hand 391
Creditors: amounts falling due within one year 3 (366)
Net current assets 25
Net assets 25
Capital and reserves
Called up share capital 100
Profit and loss account (75)
Shareholder's funds 25
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr B Morrison
Director
Approved by the board on 30 May 2025
BAM Financial Ltd
Notes to the Accounts
for the period from 27 November 2023 to 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025
Number
Average number of persons employed by the company -
3 Creditors: amounts falling due within one year 2025
£
Other creditors 366
4 Other information
BAM Financial Ltd is a private company limited by shares and incorporated in England. Its registered office is:
3 Chapel Row
Maidstone Road
Matfield
TN12 7LD
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