BMB Security Limited - Accounts to registrar (filleted) - small 18.2

BMB Security Limited - Accounts to registrar (filleted) - small 18.2

BMB SECURITY LIMITED - Company Information

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REGISTERED NUMBER: 08218317 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2019

FOR

BMB SECURITY LIMITED
BMB SECURITY LIMITED (REGISTERED NUMBER: 08218317)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 SEPTEMBER 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BMB SECURITY LIMITED

COMPANY INFORMATION
for the Year Ended 30 SEPTEMBER 2019







DIRECTOR: B J Wilkin





REGISTERED OFFICE: 88 North Street
Hornchurch
Essex
RM11 1SR





REGISTERED NUMBER: 08218317 (England and Wales)





ACCOUNTANTS: Lipson & Co
88 North Street
Hornchurch
Essex
RM11 1SR
Page 1
BMB SECURITY LIMITED (REGISTERED NUMBER: 08218317)

BALANCE SHEET
30 SEPTEMBER 2019

2019 2018
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,274 1,528

CURRENT ASSETS
Debtors 5 18,415 13,696
Cash at bank 4,297 12,686
22,712 26,382
CREDITORS
Amounts falling due within one year 6 20,171 24,367
NET CURRENT ASSETS 2,541 2,015
TOTAL ASSETS LESS CURRENT
LIABILITIES
14,815
3,543

CREDITORS
Amounts falling due after more than one
year
7
8,693
-
NET ASSETS 6,122 3,543

CAPITAL AND RESERVES
Called up share capital 2 1
Retained earnings 6,120 3,542
SHAREHOLDERS' FUNDS 6,122 3,543

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 April 2020 and were signed by:





B J Wilkin - Director


The notes form part of these financial statements

Page 2
BMB SECURITY LIMITED (REGISTERED NUMBER: 08218317)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 SEPTEMBER 2019

1. STATUTORY INFORMATION

BMB Security Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws
that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal
of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those
held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance
leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element
of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2018 - 3 ) .

Page 3 continued...
BMB SECURITY LIMITED (REGISTERED NUMBER: 08218317)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 SEPTEMBER 2019

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2018 2,995 976 3,971
Additions 14,138 - 14,138
Disposals (2,995 ) - (2,995 )
At 30 September 2019 14,138 976 15,114
DEPRECIATION
At 1 October 2018 1,731 712 2,443
Charge for year 2,062 66 2,128
Eliminated on disposal (1,731 ) - (1,731 )
At 30 September 2019 2,062 778 2,840
NET BOOK VALUE
At 30 September 2019 12,076 198 12,274
At 30 September 2018 1,264 264 1,528

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 14,138
At 30 September 2019 14,138
DEPRECIATION
Charge for year 2,062
At 30 September 2019 2,062
NET BOOK VALUE
At 30 September 2019 12,076

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade debtors 18,415 13,696

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Hire purchase contracts 3,251 -
Trade creditors 6,105 8,769
Taxation and social security 8,881 12,672
Other creditors 1,934 2,926
20,171 24,367

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2019 2018
£    £   
Hire purchase contracts 8,693 -

Page 4 continued...
BMB SECURITY LIMITED (REGISTERED NUMBER: 08218317)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 SEPTEMBER 2019

8. ULTIMATE CONTROLLING PARTY

The controlling party is B J Wilkin.

Page 5