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

Print Friendly Version

IRIS Accounts Production v21.1.6.35 08218317 director 1.10.20 30.9.21 30.9.21 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure082183172020-09-30082183172021-09-30082183172020-10-012021-09-30082183172019-09-30082183172019-10-012020-09-30082183172020-09-3008218317ns16:EnglandWales2020-10-012021-09-3008218317ns15:PoundSterling2020-10-012021-09-3008218317ns11:Director12020-10-012021-09-3008218317ns11:PrivateLimitedCompanyLtd2020-10-012021-09-3008218317ns11:SmallEntities2020-10-012021-09-3008218317ns11:AuditExempt-NoAccountantsReport2020-10-012021-09-3008218317ns11:SmallCompaniesRegimeForDirectorsReport2020-10-012021-09-3008218317ns11:SmallCompaniesRegimeForAccounts2020-10-012021-09-3008218317ns11:FullAccounts2020-10-012021-09-3008218317ns11:RegisteredOffice2020-10-012021-09-3008218317ns6:CurrentFinancialInstruments2021-09-3008218317ns6:CurrentFinancialInstruments2020-09-3008218317ns6:Non-currentFinancialInstruments2021-09-3008218317ns6:Non-currentFinancialInstruments2020-09-3008218317ns6:ShareCapital2021-09-3008218317ns6:ShareCapital2020-09-3008218317ns6:RetainedEarningsAccumulatedLosses2021-09-3008218317ns6:RetainedEarningsAccumulatedLosses2020-09-3008218317ns6:MotorVehicles2020-10-012021-09-3008218317ns6:ComputerEquipment2020-10-012021-09-3008218317ns6:MotorVehicles2020-09-3008218317ns6:ComputerEquipment2020-09-3008218317ns6:MotorVehicles2021-09-3008218317ns6:ComputerEquipment2021-09-3008218317ns6:MotorVehicles2020-09-3008218317ns6:ComputerEquipment2020-09-3008218317ns6:LeasedAssetsHeldAsLesseens6:MotorVehicles2020-09-3008218317ns6:LeasedAssetsHeldAsLesseens6:MotorVehicles2020-10-012021-09-3008218317ns6:LeasedAssetsHeldAsLesseens6:MotorVehicles2021-09-3008218317ns6:LeasedAssetsHeldAsLesseens6:MotorVehicles2020-09-30
REGISTERED NUMBER: 08218317 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2021

FOR

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






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 SEPTEMBER 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BMB SECURITY LIMITED


COMPANY INFORMATION
for the Year Ended 30 SEPTEMBER 2021







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 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,119 10,727

CURRENT ASSETS
Debtors 5 12,644 18,031
Cash at bank 19,176 18,402
31,820 36,433
CREDITORS
Amounts falling due within one year 6 25,392 30,070
NET CURRENT ASSETS 6,428 6,363
TOTAL ASSETS LESS CURRENT
LIABILITIES
15,547
17,090

CREDITORS
Amounts falling due after more than one
year
7
1,806
5,315
NET ASSETS 13,741 11,775

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 13,739 11,773
SHAREHOLDERS' FUNDS 13,741 11,775

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 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 5 November 2021 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 2021

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

Government grants
The company accounts for grants using the accrual method. The company received government grants during the year of £3,831 which was in relation to the Coronavirus Job Retention Scheme.

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 (2020 - 3 ) .

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


NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 SEPTEMBER 2021

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2020
and 30 September 2021 14,138 1,326 15,464
DEPRECIATION
At 1 October 2020 3,823 914 4,737
Charge for year 1,504 104 1,608
At 30 September 2021 5,327 1,018 6,345
NET BOOK VALUE
At 30 September 2021 8,811 308 9,119
At 30 September 2020 10,315 412 10,727

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 October 2020
and 30 September 2021 14,138
DEPRECIATION
At 1 October 2020 3,823
Charge for year 1,504
At 30 September 2021 5,327
NET BOOK VALUE
At 30 September 2021 8,811
At 30 September 2020 10,315

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 12,644 18,031

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts 1,040 702
Hire purchase contracts 3,509 3,378
Trade creditors 5,297 8,261
Taxation and social security 13,523 14,774
Other creditors 2,023 2,955
25,392 30,070

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2021 2020
£    £   
Hire purchase contracts 1,806 5,315

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


NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 SEPTEMBER 2021

8. ULTIMATE CONTROLLING PARTY

The controlling party is B J Wilkin.

Page 5