BMK Electrical Services Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: NI616691 (Northern Ireland)

Unaudited Financial Statements for the Year Ended 28 February 2018

for

BMK Electrical Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Eileen Theresa Mckenna

Barry Edward Mckenna

SECRETARY:

Eileen Theresa Mckenna

REGISTERED OFFICE:

9 The Paddock

Draperstown

Magherafelt

Derry

BT45 7EW

REGISTERED NUMBER:

NI616691 (Northern Ireland)

ACCOUNTANTS:

Sean Cavanagh & Co

1 The Square

Moy

Co. Tyrone

BT71 7SG

FIXED ASSETS

Tangible assets

4

5,436

5,248

CURRENT ASSETS

Debtors

5

26,569

12,694

Cash at bank

132

-

26,701

12,694

CREDITORS

Amounts falling due within one year

6

11,484

6,902

NET CURRENT ASSETS

15,217

5,792

TOTAL ASSETS LESS CURRENT LIABILITIES

20,653

11,040

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

20,651

11,038

SHAREHOLDERS' FUNDS

20,653

11,040

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 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 26 May 2020 and were signed on its behalf by:

Eileen Theresa Mckenna - Director

1.	STATUTORY INFORMATION

BMK Electrical Services Limited is a private company, limited by shares , registered in

Northern Ireland. 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.

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

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

over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machiner

etc

£

COST

At 1 March 2017

10,000

Additions

1,547

At 28 February 2018

11,547

DEPRECIATION

At 1 March 2017

4,752

Charge for year

1,359

At 28 February 2018

6,111

NET BOOK VALUE

At 28 February 2018

5,436

At 28 February 2017

5,248

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.18

28.2.17

£

£

Trade debtors

-

12,694

Other debtors

26,569

-

26,569

12,694

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.18

28.2.17

£

£

Trade creditors

268

268

Taxation and social security

10,016

5,434

Other creditors

1,200

1,200

11,484

6,902

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.18

28.2.17

value:

£

£

2

Ordinary

1

2

2

8.	RELATED PARTY DISCLOSURES

There is a Director Current Account balance of £10,284 (2017: £nil) due from the

Director. The amount is payable on demand, interest free and unsecured.