BMC East Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04123020

BMC East Limited

Unaudited financial statements

31 December 2024

BMC East Limited

Statement of financial position

31 December 2024

	2024		2023
Note	£	£	£	£

Fixed assets

Tangible assets	5		48,604		49,147

Current assets

Stocks		2,500	2,500
Debtors	6	623,485	898,232
Cash at bank and in hand		426,085	684,733
		-----------	-----------
		1,052,070	1,585,465

Creditors: Amounts falling due within one year	7	( 457,723)		( 545,514)
		-----------		-----------
Net current assets			594,347		1,039,951
			---------		-----------
Total assets less current liabilities			642,951		1,089,098

Provisions

Taxation including deferred tax		( 11,523)		( 11,752)

Accruals and deferred income	( 170,956)	( 349,703)
	---------	-----------
Net assets	460,472	727,643
	---------	-----------

Capital and reserves

Called up share capital	9	3,857	3,857
Capital redemption reserve		7,163	7,163
Profit and loss account		449,452	716,623
		---------	---------
Shareholders funds		460,472	727,643
		---------	---------

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 income and retained earnings has not been delivered.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

BMC East Limited

Statement of financial position (continued)

31 December 2024

These financial statements were approved by the board of directors and authorised for issue on 29 August 2025 , and are signed on behalf of the board by:

S A Arterton

Director

Company registration number: 04123020

BMC East Limited

Notes to the financial statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Bankside 300, Peachman Way, Broadland Business Park, Norwich, Norfolk, NR7 0LB, United Kingdom. The trading address of the company is 38a Curtis Road, Norwich, NR6 6RB, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the 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.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for building and maintenance services rendered, stated net of discounts and of Value Added Tax. In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Income tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated 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:

Plant and machinery	-	15% reducing balance
Motor vehicles	-	25% reducing balance
Computer equipment	-	25% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

4. Employee numbers

The average number of employees during the year was 24 (2023: 25 ).

5. Tangible assets

	Plant and machinery	Motor vehicles	Computer equipment	Total
	£	£	£	£
Cost or valuation
At 1 Jan 2024	17,231	198,084	8,433	223,748
Additions	–	12,333	–	12,333
Disposals	–	–	( 1,955)	( 1,955)
	-------	---------	------	---------
At 31 Dec 2024	17,231	210,417	6,478	234,126
	-------	---------	------	---------
Depreciation
At 1 Jan 2024	13,536	155,165	5,900	174,601
Charge for the year	785	11,202	619	12,606
Disposals	–	–	( 1,685)	( 1,685)
	-------	---------	------	---------
At 31 Dec 2024	14,321	166,367	4,834	185,522
	-------	---------	------	---------
Carrying amount
At 31 Dec 2024	2,910	44,050	1,644	48,604
	-------	---------	------	---------
At 31 Dec 2023	3,695	42,919	2,533	49,147
	-------	---------	------	---------

6. Debtors

	2024	2023
	£	£
Trade debtors	274,240	685,148
Amounts owed by group undertakings	135,054	1,149
Prepayments and accrued income	17,562	19,056
Amounts recoverable on contracts	196,529	191,468
Other debtors	100	1,411
	---------	---------
	623,485	898,232
	---------	---------

7. Creditors: Amounts falling due within one year

	2024	2023
	£	£
Trade creditors	223,300	230,772
Social security and other taxes	223,468	296,713
Other creditors	10,955	18,029
	---------	---------
	457,723	545,514
	---------	---------

8. Operating leases

The total future minimum lease payments under non-cancellable operating leases are £31,420 (2023: £40,978).

9. Called up share capital

Issued, called up and fully paid

	2024		2023
	No.	£	No.	£
Ordinary shares of £ 1 each	1	1	1	1
Ordinary 'A' shares of £ 1 each	3,506	3,506	3,506	3,506
Ordinary 'B' shares of £ 1 each	350	350	350	350
	------	------	------	------
	3,857	3,857	3,857	3,857
	------	------	------	------