ACCOUNTS - Final Accounts preparation

Creditors: Amounts falling due within one year

Registered number: 13500987

BPM XR LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2024

BPM XR LTD

REGISTERED NUMBER: 13500987

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

	31 December	31 July
	2024	2023
Note	£	£


Current assets
Debtors: amounts falling due within one year	5	4,335		-
Cash at bank and in hand		14,560		47,310
		18,895		47,310
Creditors: amounts falling due within one year	6	(17,585)		(1,000)
Net current assets			1,310		46,310
Total assets less current liabilities			1,310		46,310

Net assets			1,310		46,310

Capital and reserves
Called up share capital	7	1	1
Profit and loss account		1,309	46,309
		1,310	46,310

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 period 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 on 11 September 2025.

A Cowan

Director

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BPM XR LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

1.	General information

BPM XR Ltd is a private company limited by shares and registered in England & Wales. The address of its registered office is 124 Finchley Road, London, NW3 5JS.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Functional and presentation currency

The Company's functional and presentational currency is GBP.

2.3

Grant income

Grants are accounted under the accruals model as permitted by FRS 102. Grants of a revenue nature are recognised in the statement of income and retained earnings in the same period as the related expenditure.The deferred element of grants is included in creditors as deferred income.

2.4

Debtors

Short term debtors are measured at the transaction price, less any impairment.

2.5

Creditors

Short term creditors are measured at the transaction price, less any impairment.

2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans from other third parties.

2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid.

2.8

Comparative information

The company extended its accounting reference date to align it with fellow group companies. The current period reflects a 17 month period ended 31 December 2024. The comparative figures relate to a 12 month year ended 31 July 2023.

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BPM XR LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

3.	Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the reporting date and the amounts reported for revenues and expenses during the period. However, the nature of estimation means that actual outcomes could differ from those estimates.
Accruals
The company makes an estimate of accruals at the reporting date based on invoices received after the period end and work undertaken which has not been invoiced based on quotations or estimates of amounts that may be due for payment.

Employees

The average monthly number of employees, including directors, during the period was 2 (2023 - 2).

Debtors

					31 December	31 July
					2024	2023
					£	£


Other debtors	4,335	-
	4,335	-

Trade creditors	3,511	-
Other creditors	33	-
Accruals and deferred income	14,041	1,000
	17,585	1,000

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BPM XR LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

Allotted, called up and fully paid

1 (2023 - 1) Ordinary share of £1.00	1	1

8.	Related party transactions
	The company is exempt from disclosing related party transactions with companies that are wholly owned within the group. The company has not entered into any other transactions with related parties that are material and that have not been concluded under normal market conditions.

9.	Controlling party

The immediate parent company is East City Films Ltd, a company incorporated in England.

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