BM Psychology Ltd Accounts






	BM Psychology Ltd
	Company No. 13320922

	Information for Filing with The Registrar
	30 April 2026

The Director presents his report and the accounts for the year ended 30 April 2026.

Principal activities

The principal activity of the company during the year under review was Psycologist.
-

Director

The Director who served at any time during the year was as follows:

B. J.Mead




The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

B. J.Mead
Director
28 August 2026

at	30 April 2026
Company No.		13320922	Notes	2026	2025
				£	£
Fixed assets
	Tangible assets		5	4,521	5,612
	Investments		6	26,609	17,799
				31,130	23,411
Current assets
	Debtors		7	6,990	10,495
	Investments		8	-	-
	Cash at bank and in hand			72,078	53,723
				79,068	64,218
Creditors: Amount falling due within one year			9	(82,773)	(63,972)
Net current (liabilities)/assets				(3,705)	246
Total assets less current liabilities				27,425	23,657
Net assets				27,425	23,657

Capital and reserves
	Called up share capital			1	1
	Profit and loss account		11	27,424	23,656

Total equity				27,425	23,657


These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 30 April 2026 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.


As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 28 August 2026 and signed on its behalf by:
B. J.Mead
Director
28 August 2026

for the year ended 30 April 2026

1

General information

BM Psychology Ltd is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 13320922

Its registered office is:

Southgate Chambers

37-39 Southgate Street

Winchester

SO23 9EH

The accounts have been prepared in accordance and comply with FRS 102 and Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

2

Accounting policies

Revenue recognition

Turnover represents the amounts receivable for services provided in the ordinary course of business during the financial year. Revenue is recognised when the relevant services have been provided to the client and the company is entitled to consideration for those services. Revenue is measured at the amount of consideration to which the company expects to be entitled in exchange for the services provided. Income is derived from services provided to private clients, where fees are settled directly by the client, and from services provided under medical referrals, where the associated fees may be settled by an insurance provider on behalf of the client. Where services have been provided before the financial year end but have not yet been invoiced or settled, the related income is recognised in the period in which the services were provided, where the company has an enforceable right to payment. Amounts received in advance of services being provided are deferred and recognised as revenue when the related services are performed. The services provided relate to qualifying medical care and are treated as exempt from VAT where the relevant conditions for exemption are met.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Plant and machinery

20% Straight Line

Furniture, fittings and equipment

15% Straight Line

Leased assets

Where the company enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease. Leases which do not transfer substantially all the risks and rewards of ownership to the Company are classified as operating leases. Assets held under finance leases are initially recognised as assets of the Company at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately in profit or loss, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the Company's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets. Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Research and development costs

Expenditure on research and development is written off in the year it is incurred unless it meets the criteria to allow it to be capitalised. Costs of research are always written off in the year in which they are incurred. Where development costs are recognised as an asset, they are amortised over the period expected to benefit from them. Amortisation of the capitalised costs begins once the developed product comes into use, typically at rate of 33.33% straight line.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account. No depreciation is provided in respect of investment properties.

Investments

Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs. Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

Employee benefits

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation. Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
		2026	2025
		Number	Number
	The average monthly number of employees (including directors) during the year was:	1	1

4	Taxation
		(a) Tax on profit on ordinary activities	2026	2025
		The tax charge is made up as follows:	£	£
		UK corporation tax
		Charge for the period	32,524	24,045
		Total corporation tax	32,524.00	24,045.00

		Tax on profit on ordinary activities	32,524	24,045

		(b) Factors affecting the total tax charge for the period
		The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The differences are reconciled below:
		Higher	2026	2025
		32524	£	£
		Profit on ordinary activities before tax	135,792	105,695


		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	-	-
		Expenses not deductible for tax purposes	32,524	24,045
		Tax on profit on ordinary activities	32,524	24,045

5	Tangible fixed assets
			Land and buildings	Plant and machinery	Motor vehicles	Fixtures, fittings and equipment	Total
			£	£	£	£	£
		Cost or revaluation
		At 1 May 2025	-	-	-	8,708	8,708
		Additions	-	-	-	309	309
		At 30 April 2026	-	-	-	9,017	9,017
		Depreciation
		At 1 May 2025	-	-	-	3,096	3,096
		Charge for the year	-	-	-	1,400	1,400
		At 30 April 2026	-	-	-	4,496	4,496
		Net book values
		At 30 April 2026	-	-	-	4,521	4,521
		At 30 April 2025	-	-	-	5,612	5,612

6	Investments
			Investment in Subsidiaries	Other investments	Total
			£	£	£
		Cost or valuation
		At 1 May 2025	-	17,799	17,799
		Additions	-	8,810	8,810
		At 30 April 2026	-	26,609	26,609
		Provisions/Impairment
		Net book values
		At 30 April 2026	-	26,609	26,609
		At 30 April 2025	-	17,799	17,799

7	Debtors
			2026	2025
			£	£
		Trade debtors	6,990	10,495
			6,990	10,495

8

Current asset investments

9	Creditors:
		amounts falling due within one year
			2026	2025
			£	£
		Taxes and social security	32,714	24,045
		Loans from directors	48,157	38,376
		Accruals and deferred income	1,902	1,551
			82,773	63,972

10

Share Capital

Share Capital 80 Ordinary A Share allocated and fully paid Share Capital 20 Ordinary B Share allocated and fully paid

11	Reserves
			Revaluation Reserve	Capital redemption reserve	Total other reserves
			£	£	£

		Profit and loss account - includes all current and prior period retained profits and losses.

12	Dividends
			2026	2025
			£	£
		Dividends for the period:
		Dividends paid in the period	99,500	75,500
			99,500	75,500

		Dividends by type:
		Equity dividends	99,500	75,500
			99,500	75,500

13

Transition to FRS 102

The impact from the transition to FRS 102 is as follows: