BMH Imports Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04246611 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2014

FOR

BMH IMPORTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

O J P Brocklehurst

A J Marshall

M D G Daniell

REGISTERED OFFICE:

Unit 11

Blackwell Business Park

Blackwell

Shipston-on-Stour

Warwickshire

CV36 4PE

REGISTERED NUMBER:

04246611 (England and Wales)

ACCOUNTANT:

Thelma J Murphy Ltd

Vectis House

Banbury Street

Kineton

Warwickshire

CV35 OJS

FIXED ASSETS

Tangible assets

2

5,885

7,846

CURRENT ASSETS

Stocks

77,648

70,587

Debtors

51,387

27,206

Cash at bank and in hand

67,368

67,841

196,403

165,634

CREDITORS

Amounts falling due within one year

33,730

28,639

NET CURRENT ASSETS

162,673

136,995

TOTAL ASSETS LESS CURRENT LIABILITIES

168,558

144,841

PROVISIONS FOR LIABILITIES

556

812

NET ASSETS

168,002

144,029

CAPITAL AND RESERVES

Called up share capital

3

300

300

Share premium

24,900

24,900

Capital redemption reserve

8,000

8,000

Profit and loss account

134,802

110,829

SHAREHOLDERS' FUNDS

168,002

144,029

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 19 March 2015 and were signed on its behalf by:

O J P Brocklehurst - Director

A J Marshall - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

25% on reducing balance

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2013

and 30 November 2014

53,876

DEPRECIATION

At 1 December 2013

46,030

Charge for year

1,961

At 30 November 2014

47,991

NET BOOK VALUE

At 30 November 2014

5,885

At 30 November 2013

7,846

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

500

'A' Class Ordinary Shares

£1

200

200

100

'B' Class Ordinary Shares

£1

100

100

300

300

4.	PURCHASE OF OWN SHARES