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REGISTERED NUMBER: 04749354 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 7 APRIL 2023

FOR

BONAS GROUP LIMITED

BONAS GROUP LIMITED (REGISTERED NUMBER: 04749354)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 7 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BONAS GROUP LIMITED

COMPANY INFORMATION
for the year ended 7 April 2023







DIRECTORS: G A Jones
Mrs C Miller





SECRETARY: Mrs C Miller





REGISTERED OFFICE: 9 Ely Place
London
EC1N 6RY





REGISTERED NUMBER: 04749354 (England and Wales)





AUDITORS: Cameron Baum Hollander Limited
Chartered Accountants
Statutory Auditor
88 Crawford Street
London
W1H 2EJ

BONAS GROUP LIMITED (REGISTERED NUMBER: 04749354)

BALANCE SHEET
7 April 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 3 5,800,200 5,800,200

CURRENT ASSETS
Debtors 4 1,113 1,113
NET CURRENT ASSETS 1,113 1,113
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,801,313

5,801,313

CAPITAL AND RESERVES
Called up share capital 184 184
Capital redemption reserve 16 16
Retained earnings 5,801,113 5,801,113
5,801,313 5,801,313

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 Board of Directors and authorised for issue on 4 April 2024 and were signed on its behalf by:





Mrs C Miller - Director


BONAS GROUP LIMITED (REGISTERED NUMBER: 04749354)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 7 April 2023

1. 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.

The financial statements are prepared in UK Pound Sterling which is the functional currency of the company.

Investments in subsidiaries
Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are re-measured to market value at each balance sheet date. Gains and losses on re-measurement are recognised in the Income statement for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed Company shares are measured to market value at each balance sheet date. Gains and losses on re-measurement are recognised in the Income statement for the period.

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

3. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 8 April 2022
and 7 April 2023 5,800,200
NET BOOK VALUE
At 7 April 2023 5,800,200
At 7 April 2022 5,800,200

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 1,113 1,113

BONAS GROUP LIMITED (REGISTERED NUMBER: 04749354)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 7 April 2023

5. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Geoffrey Hollander (Senior Statutory Auditor)
for and on behalf of Cameron Baum Hollander Limited

6. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose transactions with fellow group undertakings on the grounds that it is a wholly owned subsidiary of Bonas Family Holdings Limited, a company preparing consolidated accounts which are publicly available.

7. ULTIMATE PARENT UNDERTAKING

The company's immediate parent was Bonas Family Holdings Limited, a company for which group accounts have been drawn up. The company is registered in England and Wales.

8. SUBSIDIARY UNDERTAKINGS

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Country of Class of Group
registration/ Nature of share capital Holding
operation business held %

Bonas & Company Ltd England and
Wales
Precious stone broker and
merchant
Ordinary shares 100

Bonas Marketing India
Private Limited
India Consultancy services Ordinary shares 100

Bonas Botswana
Consulting (Pty) Limited
Botswana Administrative expenses Ordinary shares 99.99

Clerkhill Limited England and
Wales
Investment trading Ordinary shares 100

H Couzyn Limited England and
Wales
Precious stone broker and
merchant
Ordinary shares 100

Holition Limited England and
Wales
3D technology Ordinary shares 72.90

Plouton Limited England and
Wales
Consultancy services Ordinary shares 50

Holition Beauty Limited England and
Wales
Non-trading Ordinary shares 72.90


The aggregate of the share capital and reserves as at 7 April 2023 and of the profit and loss for the year ended on that date for the subsidiary undertakings were as follows:

Aggregate of share
capital and reserves Profit(/loss )
£    £   
Bonas & Company Limited 7,989,739 282,925
Bonas Marketing India Private Limited 317,216 455
Bonas Botswana Consulting (Pty) Limited 329,154 51,310
Clerkhill Limited 148,408 540,624
H Couzyn Limited 122,180 (27,901 )
Holition Limited (2,429,543 ) (1,681 )
Plouton Limited 78 (5,228 )
Holition Beauty Limited 100 -