Company Registration No. SC433514 (Scotland)
BDM Care Limited
Unaudited accounts
for the year ended 31 October 2021
BDM Care Limited
Unaudited accounts
Contents
BDM Care Limited
Company Information
for the year ended 31 October 2021
Directors
Mr D Masterson
Mrs B Masterson
Company Number
SC433514 (Scotland)
Registered Office
126 Perth Road
Blairgowrie
PH10 6EQ
Accountants
Townley & Co Ltd
Warrington Business Centre
67 Bewsey Street
Warrington
WA2 7JQ
BDM Care Limited
Statement of financial position
as at
31 October 2021
Tangible assets
376,847
18,146
Cash at bank and in hand
102,764
415,412
Creditors: amounts falling due within one year
(46,045)
(57,786)
Net current assets
117,719
418,626
Total assets less current liabilities
494,566
436,772
Creditors: amounts falling due after more than one year
-
(92,000)
Provisions for liabilities
Deferred tax
(2,758)
(2,550)
Net assets
491,808
342,222
Called up share capital
2
2
Profit and loss account
491,806
342,220
Shareholders' funds
491,808
342,222
For the year ending 31 October 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 18 May 2022 and were signed on its behalf by
Mr D Masterson
Director
Company Registration No. SC433514
BDM Care Limited
Notes to the Accounts
for the year ended 31 October 2021
BDM Care Limited is a private company, limited by shares, registered in Scotland, registration number SC433514. The registered office is 126 Perth Road, Blairgowrie, PH10 6EQ.
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.
Turnover represents the value of work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on reducing balance
Fixtures & fittings
20% on reducing balance
Computer equipment
20% on reducing balance
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
BDM Care Limited
Notes to the Accounts
for the year ended 31 October 2021
4
Intangible fixed assets
Goodwill
Other
Total
At 1 November 2020
5,556
7,306
12,862
At 31 October 2021
5,556
7,306
12,862
At 1 November 2020
5,556
7,306
12,862
At 31 October 2021
5,556
7,306
12,862
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2020
-
13,720
26,133
3,319
43,172
Additions
362,330
-
-
-
362,330
At 31 October 2021
362,330
13,720
26,133
3,319
405,502
At 1 November 2020
-
6,941
16,161
1,924
25,026
Charge for the year
-
1,356
1,994
279
3,629
At 31 October 2021
-
8,297
18,155
2,203
28,655
At 31 October 2021
362,330
5,423
7,978
1,116
376,847
At 31 October 2020
-
6,779
9,972
1,395
18,146
6
Debtors: amounts falling due within one year
2021
2020
Other debtors
61,000
61,000
7
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
42,606
31,291
Other creditors
2,717
2,412
Loans from directors
722
24,083
8
Creditors: amounts falling due after more than one year
2021
2020
BDM Care Limited
Notes to the Accounts
for the year ended 31 October 2021
9
Share capital
2021
2020
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
The company is under the control of the directors by virtue of their shareholdings.
11
Average number of employees
During the year the average number of employees was 29 (2020: 27).