Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-31true2024-04-01falseNo description of principal activity7472trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11116699 2024-04-01 2025-03-31 11116699 2023-04-01 2024-03-31 11116699 2025-03-31 11116699 2024-03-31 11116699 c:Director5 2024-04-01 2025-03-31 11116699 c:Director6 2024-04-01 2025-03-31 11116699 c:Director7 2024-04-01 2025-03-31 11116699 c:Director8 2024-04-01 2025-03-31 11116699 c:Director9 2024-04-01 2025-03-31 11116699 c:RegisteredOffice 2024-04-01 2025-03-31 11116699 d:MotorVehicles 2024-04-01 2025-03-31 11116699 d:MotorVehicles 2025-03-31 11116699 d:MotorVehicles 2024-03-31 11116699 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 11116699 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 11116699 d:FurnitureFittings 2024-04-01 2025-03-31 11116699 d:FurnitureFittings 2025-03-31 11116699 d:FurnitureFittings 2024-03-31 11116699 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 11116699 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 11116699 d:ComputerEquipment 2024-04-01 2025-03-31 11116699 d:ComputerEquipment 2025-03-31 11116699 d:ComputerEquipment 2024-03-31 11116699 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 11116699 d:ComputerEquipment d:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 11116699 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 11116699 d:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 11116699 d:Goodwill 2025-03-31 11116699 d:Goodwill 2024-03-31 11116699 d:CurrentFinancialInstruments 2025-03-31 11116699 d:CurrentFinancialInstruments 2024-03-31 11116699 d:Non-currentFinancialInstruments 2025-03-31 11116699 d:Non-currentFinancialInstruments 2024-03-31 11116699 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 11116699 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 11116699 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 11116699 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 11116699 d:ShareCapital 2025-03-31 11116699 d:ShareCapital 2024-03-31 11116699 d:SharePremium 2025-03-31 11116699 d:SharePremium 2024-03-31 11116699 d:RetainedEarningsAccumulatedLosses 2025-03-31 11116699 d:RetainedEarningsAccumulatedLosses 2024-03-31 11116699 c:FRS102 2024-04-01 2025-03-31 11116699 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11116699 c:FullAccounts 2024-04-01 2025-03-31 11116699 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11116699 d:WithinOneYear 2025-03-31 11116699 d:WithinOneYear 2024-03-31 11116699 d:BetweenOneFiveYears 2025-03-31 11116699 d:BetweenOneFiveYears 2024-03-31 11116699 d:HirePurchaseContracts d:WithinOneYear 2025-03-31 11116699 d:HirePurchaseContracts d:WithinOneYear 2024-03-31 11116699 d:HirePurchaseContracts d:BetweenOneFiveYears 2025-03-31 11116699 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-03-31 11116699 6 2024-04-01 2025-03-31 11116699 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2025-03-31 11116699 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-03-31 11116699 d:LeasedAssetsHeldAsLessee 2025-03-31 11116699 d:LeasedAssetsHeldAsLessee 2024-03-31 11116699 d:Goodwill d:OwnedIntangibleAssets 2024-04-01 2025-03-31 11116699 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure
Company registration number: 11116699







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2025


BMS PERFORMANCE LIMITED






































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BMS PERFORMANCE LIMITED
 


 
COMPANY INFORMATION


Directors
Mr G J Halewood 
Mr P Mellows-Facer 
Mr A S Bell 
Mr B Illingworth 
Miss C LJ Slater-Johnston 




Registered number
11116699



Registered office
Building 5 The Heights

Brooklands

Weybridge

KT13 0NY




Accountants
Menzies LLP
Chartered Accountants

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


BMS PERFORMANCE LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 10


 


BMS PERFORMANCE LIMITED
REGISTERED NUMBER:11116699



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Intangible assets
 4 
348,276
464,370

Tangible assets
 5 
130,945
23,411

Investments
 6 
31,024
35,161

  
510,245
522,942

Current assets
  

Debtors: amounts falling due within one year
 7 
777,607
771,354

Cash at bank and in hand
  
150,536
811,396

  
928,143
1,582,750

Creditors: amounts falling due within one year
 8 
(751,240)
(1,174,300)

Net current assets
  
 
 
176,903
 
 
408,450

Total assets less current liabilities
  
687,148
931,392

Creditors: amounts falling due after more than one year
 9 
(96,011)
-

Provisions for liabilities
  

Deferred tax
  
(29,822)
-

  
 
 
(29,822)
 
 
-

Net assets
  
561,315
931,392


Capital and reserves
  

Called up share capital 
  
1,200
1,200

Share premium account
  
-
649,800

Profit and loss account
  
560,115
280,392

  
561,315
931,392


Page 1

 


BMS PERFORMANCE LIMITED
REGISTERED NUMBER:11116699


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2025

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Mr G J Halewood
Director

Date: 18 August 2025

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 


BMS PERFORMANCE LIMITED
 


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

1.


General information

BMS Performance Limited is a private company limited by shares incorporated in England and Wales. Its registered office and principal place of business is shown on the company information page.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover shown in the profit and loss account represents amounts receivable for staff recruitment services and training services provided during the year in the normal course of business, net of trade discounts, VAT and other sales and related taxes. Turnover is recognised when candidates commence work.

  
2.3

Foreign currency translation

Transactions and balances
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.
At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.
Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the Statement of Income and Retained Earnings except when deferred in other comprehensive income as qualifying cash flow hedges.
Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Income and Retained Earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in the Statement of Income and Retained Earnings within 'other operating income'.

 
2.4

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

Page 3

 


BMS PERFORMANCE LIMITED
 


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

2.Accounting policies (continued)

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.

 
2.7

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


  
2.8

Intangible assets

Goodwill
Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis to the Statement of Income and Retained Earnings over its useful economic life over 10 years.

Page 4

 


BMS PERFORMANCE LIMITED
 


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

2.Accounting policies (continued)

 
2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line and reducing balance methods.

Depreciation is provided on the following basis:

Motor vehicles
-
33 1/3% Reducing balance
Fixtures and fittings
-
33 1/3% Straight line
Computer equipment
-
33 1/3% Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.10

Valuation of investments

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.11

Provisions for liabilities

Provisions are made where an event has taken place that gives the company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the company becomes aware of the obligation, and are measured at the best estimate at the reporting date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Statement of Financial Position.

Page 5

 


BMS PERFORMANCE LIMITED
 


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

2.Accounting policies (continued)

 
2.12

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

 
2.13

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 74 (2024 - 72).

Page 6

 


BMS PERFORMANCE LIMITED
 


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

4.


Intangible assets




Goodwill

£



Cost


At 1 April 2024
1,124,033



At 31 March 2025

1,124,033



Amortisation


At 1 April 2024
659,663


Charge for the year on owned assets
116,094



At 31 March 2025

775,757



Net book value



At 31 March 2025
348,276



At 31 March 2024
464,370



Page 7

 


BMS PERFORMANCE LIMITED
 


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

5.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 April 2024
-
124,106
97,103
221,209


Additions
126,305
4,875
22,226
153,406


Disposals
-
-
(4,875)
(4,875)



At 31 March 2025

126,305
128,981
114,454
369,740



Depreciation


At 1 April 2024
-
121,273
76,525
197,798


Charge for the year on owned assets
-
5,301
22,562
27,863


Charge for the year on financed assets
13,134
-
-
13,134



At 31 March 2025

13,134
126,574
99,087
238,795



Net book value



At 31 March 2025
113,171
2,407
15,367
130,945



At 31 March 2024
-
2,833
20,578
23,411

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2025
2024
£
£



Motor vehicles
113,171
-

113,171
-


6.


Fixed asset investments





Listed investments

£



Cost or valuation


At 1 April 2024
35,161


Revaluations
(4,137)



At 31 March 2025
31,024




Page 8

 


BMS PERFORMANCE LIMITED
 


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

7.


Debtors

2025
2024
£
£


Trade debtors
579,739
429,490

Amounts owed by associated undertakings
-
22,609

Other debtors
71,980
109,328

Prepayments and accrued income
125,888
209,927

777,607
771,354



8.


Creditors: Amounts falling due within one year

2025
2024
£
£

Trade creditors
97,421
302,857

Corporation tax
60,501
108,221

Other taxation and social security
269,912
257,132

Obligations under finance lease and hire purchase contracts
17,676
-

Other creditors
27,657
158,816

Accruals and deferred income
278,073
347,274

751,240
1,174,300



9.


Creditors: Amounts falling due after more than one year

2025
2024
£
£

Net obligations under finance leases and hire purchase contracts
96,011
-

96,011
-



10.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2025
2024
£
£


Within one year
17,676
-

Between 1-5 years
35,401
-

53,077
-

Page 9

 


BMS PERFORMANCE LIMITED
 


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

11.


Commitments under operating leases

At 31 March 2025 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2025
2024
£
£


Not later than 1 year
56,516
30,247

Later than 1 year and not later than 5 years
95,358
57,738

151,874
87,985

 
Page 10