Abbreviated Company Accounts - B.M.I. ENGINEERING LIMITED

B.M.I. ENGINEERING LIMITED - Company Information

01221870 B.M.I. ENGINEERING LIMITED 2014-07-31 false 2013-08-01 2014-07-31 true 01221870 2013-08-01 2014-07-31 01221870 2014-07-31 01221870 2013-07-31 01221870 uk-gaap-cd-bus:Director1 2013-08-01 2014-07-31 01221870 uk-gaap-cd-bus:Director2 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-31 iso4217:GBP shares

Registered Number 01221870

B.M.I. ENGINEERING LIMITED

Abbreviated Accounts

31 July 2014

B.M.I. ENGINEERING LIMITED Registered Number 01221870

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	494,409	465,523
		494,409	465,523
Current assets
Stocks		106,051	104,982
Debtors		714,201	736,524
Cash at bank and in hand		353,549	334,789
		1,173,801	1,176,295
Creditors: amounts falling due within one year		(961,571)	(986,791)
Net current assets (liabilities)		212,230	189,504
Total assets less current liabilities		706,639	655,027
Creditors: amounts falling due after more than one year		(75,492)	(104,498)
Provisions for liabilities		(63,221)	(60,860)
Total net assets (liabilities)		567,926	489,669
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		567,826	489,569
Shareholders' funds		567,926	489,669

For the year ending 31 July 2014 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 21 December 2014

And signed on their behalf by:
J.C.Clarke, Director
J.T.Clarke, Director

B.M.I. ENGINEERING LIMITED Registered Number 01221870

Notes to the Abbreviated Accounts for the period ended 31 July 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Plant and machinery – 15% Reducing balance
Motor vehicles - 25% Reducing balance
Fixtures, fittings and equipment - 20% Reducing balance

2Tangible fixed assets

	£
Cost
At 1 August 2013	844,921
Additions	123,101
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	968,022
Depreciation
At 1 August 2013	379,398
Charge for the year	94,215
On disposals	-
At 31 July 2014	473,613
Net book values
At 31 July 2014	494,409
At 31 July 2013	465,523

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100