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Company registration number: 4723313
BMS(Silchester)Limited
Unaudited filleted financial statements
31 March 2025
BMS(Silchester)Limited
Contents
Directors and other information
Statement of financial position
Statement of changes in equity
Notes to the financial statements
BMS(Silchester)Limited
Directors and other information
Director Mr E McArdle
Secretary Mrs Y McArdle
Company number 4723313
Registered office Brookfields
Little London Rd
Silchester
Berkshire
RG7 2PP
Bankers Lloyds TSB Plc
Aldermaston Road
Tadley
Hampshire
RG26 4QB
BMS(Silchester)Limited
Statement of financial position
31 March 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 5 6,406 10,406
_______ _______
6,406 10,406
Current assets
Debtors 6 800 -
Cash at bank and in hand 13,963 24,471
_______ _______
14,763 24,471
Creditors: amounts falling due
within one year 7 ( 19,554) ( 32,804)
_______ _______
Net current liabilities ( 4,791) ( 8,333)
_______ _______
Total assets less current liabilities 1,615 2,073
Provisions for liabilities ( 887) ( 1,287)
_______ _______
Net assets 728 786
_______ _______
Capital and reserves
Called up share capital 100 100
Profit and loss account 628 686
_______ _______
Shareholders funds 728 786
_______ _______
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 14 August 2025 , and are signed on behalf of the board by:
Mr E McArdle
Director
Company registration number: 4723313
BMS(Silchester)Limited
Statement of changes in equity
Year ended 31 March 2025
Called up share capital Profit and loss account Total
£ £ £
At 1 April 2023 100 17 117
(Loss)/profit for the year 2,450 2,450
_______ _______ _______
Total comprehensive income for the year - 2,450 2,450
Dividends paid and payable ( 1,781) ( 1,781)
_______ _______ _______
Total investments by and distributions to owners - ( 1,781) ( 1,781)
_______ _______ _______
At 31 March 2024 and 1 April 2024 100 686 786
(Loss)/profit for the year ( 58) ( 58)
_______ _______ _______
Total comprehensive income for the year - ( 58) ( 58)
_______ _______ _______
At 31 March 2025 100 628 728
_______ _______ _______
BMS(Silchester)Limited
Notes to the financial statements
Year ended 31 March 2025
1. General information
The company is a private company limited by shares, registered in England. The address of the registered office is BMS(Silchester)Limited, Brookfields, Little London Rd, Silchester, Berkshire, RG7 2PP.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Motor vehicles - 8 %
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
Financial instruments
Basic financial instruments with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs.
Defined contribution plans
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.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).
5. Tangible assets
Plant and machinery Motor vehicles Total
£ £ £
Cost
At 1 April 2024 and 31 March 2025 15,480 52,362 67,842
_______ _______ _______
Depreciation
At 1 April 2024 15,480 41,956 57,436
Charge for the year - 4,000 4,000
_______ _______ _______
At 31 March 2025 15,480 45,956 61,436
_______ _______ _______
Carrying amount
At 31 March 2025 - 6,406 6,406
_______ _______ _______
At 31 March 2024 - 10,406 10,406
_______ _______ _______
6. Debtors
2025 2024
£ £
Other debtors 800 -
_______ _______
7. Creditors: amounts falling due within one year
2025 2024
£ £
Bank loans and overdrafts 17,049 25,000
Corporation tax 1,136 2,009
Social security and other taxes 370 393
Other creditors 999 5,402
_______ _______
19,554 32,804
_______ _______
8. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2025
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Mr E McArdle ( 1,903) - 1,903 -
_______ _______ _______ _______
2024
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Mr E McArdle - ( 1,903) - ( 1,903)
_______ _______ _______ _______