BKM Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 02843578

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2015

FOR

BKM LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Dr B P Choudhary

Mrs K Kumar

SECRETARY:

Mrs K Kumar

REGISTERED OFFICE:

101 Dunraven Street

Tonypandy

Rhondda Cynon Tafff

CF40 1AR

REGISTERED NUMBER:

02843578

ACCOUNTANTS:

Curtis Bowden & Thomas Limited

Chartered Certified Accountants

101 Dunraven Street

Tonypandy

CF40 1AR

FIXED ASSETS

416,233

Tangible assets

2

387,793

-

Investments

3

125,756

416,233

513,549

CURRENT ASSETS

10,642

Debtors

65,637

118,685

Cash at bank

75,034

129,327

140,671

CREDITORS

74,828

Amounts falling due within one year

4

103,465

54,499

NET CURRENT ASSETS

37,206

470,732

TOTAL ASSETS LESS CURRENT
LIABILITIES

550,755

CREDITORS

(81,527

)

Amounts falling due after more than one
year

4

(53,010

)

(19,931

)

PROVISIONS FOR LIABILITIES

(17,873

)

369,274

NET ASSETS

479,872

CAPITAL AND RESERVES

300

Called up share capital

5

300

236,224

Revaluation reserve

236,224

132,750

Profit and loss account

243,348

369,274

SHAREHOLDERS' FUNDS

479,872

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 6 November 2015 and were signed on its behalf
by:

Dr B P Choudhary - Director

1.	ACCOUNTING POLICIES

Basis of accounting

The company has taken advantage of the exemption in Financial Reporting Standard No.1 from the requirement

to produce a cashflow statement on the grounds that it is a small company.

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective January

2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Land and buildings

-

2% on cost

Fixtures and fittings

-

12.5% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1 September 2014

643,568

Additions

7,068

At 31 August 2015

650,636

DEPRECIATION

At 1 September 2014

227,335

Charge for year

35,508

At 31 August 2015

262,843

NET BOOK VALUE

At 31 August 2015

387,793

At 31 August 2014

416,233

3.	FIXED ASSET INVESTMENTS

Loans

£

Additions

125,756

At 31 August 2015

125,756

4.

CREDITORS

Creditors include an amount of £ 83,387 (31.8.14 - £ 119,459 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.15

31.8.14

value:

£

300

Ordinary

£1

300