1 January 2024 false No description of principal activity Taxfiler 2024.6 05869896business:PrivateLimitedCompanyLtd2024-01-012024-12-31 058698962023-12-31 058698962024-01-012024-12-31 05869896business:AuditExemptWithAccountantsReport2024-01-012024-12-31 05869896business:FilletedAccounts2024-01-012024-12-31 058698962024-12-31 05869896business:Director12024-01-012024-12-31 05869896business:RegisteredOffice2024-01-012024-12-31 058698962023-12-31 05869896core:WithinOneYear2024-12-31 05869896core:WithinOneYear2023-12-31 05869896core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 05869896core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 05869896core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 05869896core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 05869896core:PreviouslyStatedAmount2024-12-31 05869896core:PreviouslyStatedAmount2023-12-31 05869896business:SmallEntities2024-01-012024-12-31 05869896countries:EnglandWales2024-01-012024-12-31 05869896core:LandBuildings2023-12-31 05869896core:MotorVehicles2023-12-31 05869896core:FurnitureFittings2023-12-31 05869896core:LandBuildings2024-01-012024-12-31 05869896core:MotorVehicles2024-01-012024-12-31 05869896core:FurnitureFittings2024-01-012024-12-31 05869896core:LandBuildings2024-12-31 05869896core:MotorVehicles2024-12-31 05869896core:FurnitureFittings2024-12-31 05869896core:AfterOneYear2024-12-31 05869896core:AfterOneYear2023-12-31 05869896business:Director112024-01-012024-12-31 05869896business:Director112023-12-31 05869896business:Director112024-12-31 058698962023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 05869896 (England and Wales)
BMA Contractors Limited Unaudited accounts for the year ended 31 December 2024
BMA Contractors Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
BMA Contractors Limited Company Information for the year ended 31 December 2024
Director
Mihai Bogdan Marin
Company Number
05869896 (England and Wales)
Registered Office
Unit F8 Stephenson Close Hoddesdon England EN11 0BW United Kingdom
- 3 -
BMA Contractors Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
409,015 
451,602 
Current assets
Inventories
55,000 
25,000 
Debtors
5
1,078,429 
830,756 
Cash at bank and in hand
1,162,836 
1,202,087 
2,296,265 
2,057,843 
Creditors: amounts falling due within one year
6
(312,284)
(299,126)
Net current assets
1,983,981 
1,758,717 
Total assets less current liabilities
2,392,996 
2,210,319 
Provisions for liabilities
Deferred tax
(16,526)
(27,172)
Net assets
2,376,470 
2,183,147 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
2,376,370 
2,183,047 
Shareholders' funds
2,376,470 
2,183,147 
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 September 2025 and were signed on its behalf by
Mihai Bogdan Marin Director Company Registration No. 05869896
- 4 -
BMA Contractors Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
BMA Contractors Limited is a private company, limited by shares, registered in England and Wales, registration number 05869896. The registered office is Unit F8, Stephenson Close, Hoddesdon, England, EN11 0BW, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from construction contracts is recognised when the construction work has been completed and delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from ongoing construction services is recognised by reference to the stage of completion of the contract. The stage of completion of a construction contract is measured by comparing the construction costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. Raw materials and consumables are valued at purchase cost.
- 5 -
BMA Contractors Limited Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
342,912 
283,763 
35,171 
661,846 
Additions
- 
31,480 
- 
31,480 
At 31 December 2024
342,912 
315,243 
35,171 
693,326 
Depreciation
At 1 January 2024
- 
181,193 
29,051 
210,244 
Charge for the year
- 
68,706 
5,361 
74,067 
At 31 December 2024
- 
249,899 
34,412 
284,311 
Net book value
At 31 December 2024
342,912 
65,344 
759 
409,015 
At 31 December 2023
342,912 
102,570 
6,120 
451,602 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
36,180 
19,489 
Trade debtors
440,786 
324,083 
Other debtors
474,618 
487,184 
951,584 
830,756 
Amounts falling due after more than one year
Other debtors
126,845 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
214,425 
93,204 
Taxes and social security
94,169 
161,476 
Other creditors
690 
41,708 
Accruals
3,000 
2,738 
312,284 
299,126 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mihai Bogdan Marin
Directors Loan
390,004 
- 
20,994 
369,010 
390,004 
- 
20,994 
369,010 
8
Average number of employees
During the year the average number of employees was 7 (2023: 8).
- 6 -