Company Registration No. SC408135 (Scotland)
BJMCA Ltd
Unaudited accounts
for the year ended 31 March 2025
BJMCA Ltd
Unaudited accounts
Contents
BJMCA Ltd
Company Information
for the year ended 31 March 2025
Directors
Maurice Logie
Linda Logie
Company Number
SC408135 (Scotland)
Registered Office
117 Cadzow Street
Hamilton
Lanarkshire
ML3 6JA
Scotland
Accountants
Peter Hall Finance & Accounting Solutions
of Tillicoultry
Clackmannanshire
FK13 6DR
BJMCA Ltd
Statement of financial position
as at 31 March 2025
Intangible assets
16,000
-
Investments
132,140
94,122
Cash at bank and in hand
16,016
109,116
Creditors: amounts falling due within one year
(30,382)
(39,754)
Net current assets
117,774
163,484
Total assets less current liabilities
133,774
163,484
Creditors: amounts falling due after more than one year
(53,769)
(52,015)
Profit and loss account
80,005
111,469
Shareholders' funds
80,005
111,469
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 7 July 2025 and were signed on its behalf by
Maurice Logie
Director
Company Registration No. SC408135
BJMCA Ltd
Notes to the Accounts
for the year ended 31 March 2025
BJMCA Ltd is a private company, limited by shares, registered in Scotland, registration number SC408135. The registered office is 117 Cadzow Street, Hamilton, Lanarkshire, ML3 6JA, Scotland.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The directors have reviewed financial forecasts and cash flow projections for a period of at least 12 months from the date of approval of the financial statements. The company benefits from contracted income through its Bluebird Care franchise operations. The directors are satisfied that adequate resources will be available and accordingly continue to adopt the going concern basis.
Revenue is recognised as homecare services are delivered. Income from local authority contracts and private customers is recognised based on hours of care provided at agreed hourly rates. Accrued income represents care delivered but not yet invoiced at the reporting date.
The directors did not receive any remuneration in the year (2024: £21,585). The Directors received dividends.
Goodwill represents the cost of purchasing the Bluebird Care franchise rights. Goodwill is amortised on a straight-line basis over its estimated useful economic life of 5 years, reflecting the expected period of economic benefit.
Wages, salaries, holiday pay, pension contributions and employer’s NIC are recognised as expenses in the period in which employees render services.
Financial assets and liabilities are recognised at amortised cost. Trade and other receivables are stated at recoverable value. Bank loans are measured at amortised cost.
BJMCA Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Intangible fixed assets
Goodwill
Goodwill represents the cost of purchasing the Bluebird Care franchise rights. Goodwill is amortised on a straight-line basis over its estimated remaining useful economic life of 5 years, reflecting the expected period of economic benefit. The amortisation is excluded from tax calculations.
5
Investments held as current assets
2025
2024
Unlisted investments
132,140
94,122
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
30,382
39,754
7
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
12,234
123
8
Transactions with related parties
During the year the company had the following transactions with related parties:
Amounts owed by Logie Enterprises: Balance at year end: £100,622
Relation: Company connected to the directors
Terms: Unsecured, interest-free, repayable on demand
Purpose: Short-term funding provided by BJMCA Ltd
No guarantees were given or received.
9
Average number of employees
During the year the average number of employees was 81 (2024: 81).