Company Registration No. 05441612 (England and Wales)
BWMD Property Limited
Unaudited accounts
for the year ended 30 March 2021
BWMD Property Limited
Unaudited accounts
Contents
BWMD Property Limited
Company Information
for the year ended 30 March 2021
Directors
Mr T A Dobson
Mrs M E Dobson
Ms A E Miller
Mr A Miller
Company Number
05441612 (England and Wales)
Registered Office
68 SOUTH ROAD
MORECAMBE
LANCS
LA4 6JP
Accountants
SARA DOBSON
23 DALLAM AVENUE
MORECAMBE
LANCASHIRE
LA4 5BB
BWMD Property Limited
Statement of financial position
as at 30 March 2021
Investment property
1,025,000
1,025,000
Cash at bank and in hand
23,681
13,403
Creditors: amounts falling due within one year
(83,322)
(82,291)
Net current liabilities
(59,641)
(68,888)
Total assets less current liabilities
965,493
956,304
Creditors: amounts falling due after more than one year
(230,118)
(245,661)
Net assets
735,375
710,643
Called up share capital
100
100
Revaluation reserve
464,027
464,027
Profit and loss account
271,248
246,516
Shareholders' funds
735,375
710,643
For the year ending 30 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 December 2021 and were signed on its behalf by
Mr T A Dobson
Director
Company Registration No. 05441612
BWMD Property Limited
Notes to the Accounts
for the year ended 30 March 2021
BWMD Property Limited is a private company, limited by shares, registered in England and Wales, registration number 05441612. The registered office is 68 SOUTH ROAD, MORECAMBE, LANCS, LA4 6JP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Fair value at 31 March 2020
1,025,000
At 30 March 2021
1,025,000
BWMD Property Limited
Notes to the Accounts
for the year ended 30 March 2021
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
33,768
33,768
Trade creditors
12,050
17,986
Taxes and social security
5,814
5,537
Loans from directors
25,000
25,000
7
Creditors: amounts falling due after more than one year
2021
2020
Bank loans
115,903
150,631
Loans from directors
114,215
95,030
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).
