BPM Cleaning And Maintenance Services Lt - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06988699 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2019

FOR

BPM CLEANING AND MAINTENANCE SERVICES

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S Moore

B P Moore

SECRETARY:

Mrs S Moore

REGISTERED OFFICE:

Rozel Badgers Road

Badgers Mount

Sevenoaks

Kent

TN14 7AZ

REGISTERED NUMBER:

06988699 (England and Wales)

ACCOUNTANTS:

Sargeant Partnership

Chartered Accountants

5 White Oak Square

London Road

Swanley

Kent

BR8 7AG

FIXED ASSETS

Intangible assets

4

13,052

14,916

Tangible assets

5

33,556

26,725

46,608

41,641

CURRENT ASSETS

Debtors

6

247,608

251,715

Cash at bank

63,747

-

311,355

251,715

CREDITORS

Amounts falling due within one year

7

271,663

263,850

NET CURRENT ASSETS/(LIABILITIES)

39,692

(12,135

)

TOTAL ASSETS LESS CURRENT LIABILITIES

86,300

29,506

CREDITORS

Amounts falling due after more than one year

8

(15,871

)

(19,717

)

PROVISIONS FOR LIABILITIES

9

(2,121

)

-

NET ASSETS

68,308

9,789

CAPITAL AND RESERVES

Called up share capital

10

1,000

1,000

Retained earnings

11

67,308

8,789

SHAREHOLDERS' FUNDS

68,308

9,789

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 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 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 Board of Directors and authorised for issue on 30 June 2020 and were signed on its behalf by:

Mrs S Moore - Director

1.	STATUTORY INFORMATION

BPM Cleaning And Maintenance Services 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.

These financial statements for the year ended 30 September 2017 are the first financial statements that

comply with FRS102 Section 1A small entities. The date of the transition is 1 October 2016.

The transition to FRS102 Section 1A small entities has resulted in a small number of changes in

accounting policies to those used previously.

Turnover

Turnover comprises the value of sales (excluding VAT, similar taxes and trade discounts) of goods

and services provided in the normal course of business.

Turnover in respect of service contracts is recognised when the company obtains the right to receive

consideration for the services provided.

The total turnover of the company for the year has been derived from its principal activity wholly

undertaken in the UK.

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of

10 years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are

measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.

Plant and machinery

-

25% per annum on cost

Fixtures and fittings

-

20% per annum on cost

Motor vehicles

-

25% per annum on cost

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.

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

of the lease.

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 14 (2018 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2018

and 30 September 2019

28,500

AMORTISATION

At 1 October 2018

13,584

Amortisation for year

1,864

At 30 September 2019

15,448

NET BOOK VALUE

At 30 September 2019

13,052

At 30 September 2018

14,916

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 October 2018

22,390

18,005

50,989

91,384

Additions

-

16,481

-

16,481

At 30 September 2019

22,390

34,486

50,989

107,865

DEPRECIATION

At 1 October 2018

20,728

15,835

28,096

64,659

Charge for year

1,174

2,232

6,244

9,650

At 30 September 2019

21,902

18,067

34,340

74,309

NET BOOK VALUE

At 30 September 2019

488

16,419

16,649

33,556

At 30 September 2018

1,662

2,170

22,893

26,725

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 October 2018

4,965

24,974

29,939

Transfer to ownership

(4,965

)

-

(4,965

)

At 30 September 2019

-

24,974

24,974

DEPRECIATION

At 1 October 2018

3,033

2,081

5,114

Charge for year

881

6,244

7,125

Transfer to ownership

(3,914

)

-

(3,914

)

At 30 September 2019

-

8,325

8,325

NET BOOK VALUE

At 30 September 2019

-

16,649

16,649

At 30 September 2018

1,932

22,893

24,825

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

239,348

229,884

Other debtors

8,260

21,831

247,608

251,715

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Bank loans and overdrafts

7,353

9,883

Hire purchase contracts

3,432

4,425

Trade creditors

-

88

Taxation and social security

227,812

207,860

Other creditors

33,066

41,594

271,663

263,850

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2019

2018

£

£

Hire purchase contracts

15,871

19,717

9.	PROVISIONS FOR LIABILITIES

2019

2018

£

£

Deferred tax

Accelerated capital allowances

2,121

-

Deferred

tax

£

Provision

2,121

Balance at 30 September 2019

2,121

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

1,000

Ordinary

£1

1,000

1,000

11.

RESERVES

Retained

earnings

£

At 1 October 2018

8,789

Profit for the year

83,519

Dividends

(25,000

)

At 30 September 2019

67,308

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the company owed the directors £1,897 (2018 £17,033 DR). Interest has

been charged on this balance at 2.5%.

13.	RELATED PARTY DISCLOSURES

During the year, total dividends of £25,000 were paid to the directors.

14.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are the directors and shareholders, S Moore and B Moore by virtue of

their equal shareholding.