B&M Professional Cleaning Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 06852431 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2023

for

B&M Professional Cleaning Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs M N Lazar

REGISTERED OFFICE:

Moore

6th Floor, Whitefriars

Lewins Mead

Bristol

BS1 2NT

REGISTERED NUMBER:

06852431 (England and Wales)

ACCOUNTANTS:

Moore

Chartered Accountants

6th Floor

Whitefriars

Lewins Mead

Bristol

BS1 2NT

FIXED ASSETS

Intangible assets

4

14,216

-

Tangible assets

5

1,139

761

15,355

761

CURRENT ASSETS

Debtors

6

25,567

17,162

Cash at bank

12,623

17,380

38,190

34,542

CREDITORS

Amounts falling due within one year

7

25,817

18,824

NET CURRENT ASSETS

12,373

15,718

TOTAL ASSETS LESS CURRENT LIABILITIES

27,728

16,479

CREDITORS

Amounts falling due after more than one year

8

10,350

14,950

NET ASSETS

17,378

1,529

CAPITAL AND RESERVES

Called up share capital

9

400

400

Retained earnings

10

16,978

1,129

SHAREHOLDERS' FUNDS

17,378

1,529

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 18 October 2023 and were signed by:

Mrs M N Lazar - Director

1.	STATUTORY INFORMATION

B&M Professional Cleaning Ltd 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.

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.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

33% on cost

Equipment

-

33% 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.

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 10 (2022 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Development

costs

£

COST

Additions

15,796

At 31 March 2023

15,796

AMORTISATION

Amortisation for year

1,580

At 31 March 2023

1,580

NET BOOK VALUE

At 31 March 2023

14,216

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

Equipment

Totals

£

£

£

COST

At 1 April 2022

11,117

1,453

12,570

Additions

-

1,134

1,134

At 31 March 2023

11,117

2,587

13,704

DEPRECIATION

At 1 April 2022

10,499

1,310

11,809

Charge for year

312

444

756

At 31 March 2023

10,811

1,754

12,565

NET BOOK VALUE

At 31 March 2023

306

833

1,139

At 31 March 2022

618

143

761

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Trade debtors

13,091

2,695

Amounts owed by group undertakings

1,871

3,778

Directors' current accounts

6,607

6,658

Tax

3,998

3,998

Prepayments

-

33

25,567

17,162

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Bank loans and overdrafts

4,600

4,600

Amounts owed to group undertakings

511

-

Taxation and social security

18,154

13,014

Other creditors

2,552

1,210

25,817

18,824

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.23

31.3.22

£

£

Bank loans

10,350

14,950

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.23

31.3.22

value:

£

£

2

Ordinary Shares

£100

400

400

10.

RESERVES

Retained

earnings

£

At 1 April 2022

1,129

Profit for the year

30,849

Dividends

(15,000

)

At 31 March 2023

16,978

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in debtors is £6,606 (2022: £6,659) owed to the company by Mrs M N Lazar, the director of the company.

12.	RELATED PARTY DISCLOSURES

Included in debtors is £1,360 (2022: £3,778) due from BMP Cleaning Ltd, a company in which Ms M Lazar is also a director. This loan is unsecured, interest free and has no set terms for repayment.