Company Registration No. SC468520 (Scotland)
BCM MICROELECTRONICS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
PAGES FOR FILING WITH REGISTRAR
James Hair Group Limited
59 Bonnygate
CUPAR
Fife
UK
KY15 4BY
BCM MICROELECTRONICS LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 JANUARY 2026
31 January 2026
- 1 -
2026
2025
Notes
£
£
£
£
Current assets
Debtors
4
-
0
2,063
Cash at bank and in hand
67,310
298,961
67,310
301,024
Creditors: amounts falling due within one year
5
(61,920)
(293,614)
Net current assets
5,390
7,410
Capital and reserves
Called up share capital
6
100
100
Profit and loss reserves
5,290
7,310
Total equity
5,390
7,410

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 16 July 2026 and are signed on its behalf by:
Mr Bruce Morrison
Director
Company Registration No. SC468520
BCM MICROELECTRONICS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
- 2 -
1
Accounting policies
Company information

BCM Microelectronics Limited is a private company limited by shares incorporated in Scotland. The registered office is 59 Bonnygate, CUPAR, Fife, UK, KY15 4BY.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The principal accounting policies adopted are set out below.

1.2
Going concern

The company ceased trading on 31 January 2026. The financial statements have therefore been prepared on the discontinuation basis. This basis is abnormal as financial statement are usually prepared on the basis that the company will carry on business as a going concern. Under the discontinuation basis, the financial statements include provisions for post cessation expenditure which will arise as a result of the company ceasing to trade. true

1.3
Turnover

T urnover comprises the invoiced value of supply and design of microelectronics provided by the company, net of Value Added Tax and trade discounts.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
20% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Financial instruments

Basic financial instruments are recognised at amortised cost using the effective interest method except for investments in non-convertible preference and non-puttable preference and ordinary shares, which are measured at fair value, with changes recognised in the profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value, with charges recognised in profit and loss.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

BCM MICROELECTRONICS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
1
Accounting policies
(Continued)
- 3 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the income statement, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.7
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
2
2
3
Tangible fixed assets
Plant and equipment
£
Cost
At 1 February 2025
1,295
Disposals
(789)
At 31 January 2026
506
Depreciation and impairment
At 1 February 2025
1,295
Eliminated in respect of disposals
(789)
At 31 January 2026
506
Carrying amount
At 31 January 2026
-
0
At 31 January 2025
-
0
BCM MICROELECTRONICS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
- 4 -
4
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
-
0
2,063
5
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
-
0
251
Corporation tax
6,329
15,185
Other taxation and social security
8,735
19,327
Directors current accounts
39,797
256,331
Accruals and deferred income
7,059
2,520
61,920
293,614
6
Called up share capital
2026
2025
£
£
Ordinary share capital
Issued and fully paid
100 Ordinary shares of £1 each
100
100
2026-01-31 2025-02-01 false false false 17 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr B Morrison Mrs K Morrison SC468520 2025-02-01 2026-01-31 SC468520 2026-01-31 SC468520 2025-01-31 SC468520 core:CurrentFinancialInstruments 2026-01-31 SC468520 core:CurrentFinancialInstruments 2025-01-31 SC468520 core:ShareCapital 2026-01-31 SC468520 core:ShareCapital 2025-01-31 SC468520 core:RetainedEarningsAccumulatedLosses 2026-01-31 SC468520 core:RetainedEarningsAccumulatedLosses 2025-01-31 SC468520 core:ShareCapitalOrdinaryShareClass1 2026-01-31 SC468520 core:ShareCapitalOrdinaryShareClass1 2025-01-31 SC468520 bus:Director1 2025-02-01 2026-01-31 SC468520 core:PlantMachinery 2025-02-01 2026-01-31 SC468520 2024-02-01 2025-01-31 SC468520 core:PlantMachinery 2025-01-31 SC468520 core:PlantMachinery 2026-01-31 SC468520 core:PlantMachinery 2025-01-31 SC468520 core:CurrentFinancialInstruments core:WithinOneYear 2026-01-31 SC468520 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 SC468520 bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 SC468520 bus:FRS102 2025-02-01 2026-01-31 SC468520 bus:AuditExemptWithAccountantsReport 2025-02-01 2026-01-31 SC468520 bus:Director2 2025-02-01 2026-01-31 SC468520 bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 SC468520 bus:FullAccounts 2025-02-01 2026-01-31 xbrli:pure xbrli:shares iso4217:GBP