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REGISTERED NUMBER: 09359105 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

ST BRIDES PARTNERS LIMITED

ST BRIDES PARTNERS LIMITED (REGISTERED NUMBER: 09359105)






Contents of the Financial Statements
for the year ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ST BRIDES PARTNERS LIMITED

Company Information
for the year ended 31 December 2023







DIRECTORS: A J Randle
Ms S R Geliher
Ms A C De Azevedo Ribiero





REGISTERED OFFICE: Claydons Barns
11 Towcester Road
Whittlebury
Northamptonshire
NN12 8XU





REGISTERED NUMBER: 09359105 (England and Wales)





ACCOUNTANTS: Neuhoff & Co
Chartered Accountants
Claydons Barns
11 Towcester Road
Whittlebury
Northamptonshire
NN12 8XU

ST BRIDES PARTNERS LIMITED (REGISTERED NUMBER: 09359105)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 8,499 12,216

CURRENT ASSETS
Debtors 5 922,283 798,760
Investments 6 248,731 337,624
Cash at bank 36,359 93,905
1,207,373 1,230,289
CREDITORS
Amounts falling due within one year 7 (87,355 ) (140,138 )
NET CURRENT ASSETS 1,120,018 1,090,151
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,128,517

1,102,367

PROVISIONS FOR LIABILITIES (1,861 ) (2,732 )
NET ASSETS 1,126,656 1,099,635

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,126,556 1,099,535
SHAREHOLDERS' FUNDS 1,126,656 1,099,635

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

ST BRIDES PARTNERS LIMITED (REGISTERED NUMBER: 09359105)

Balance Sheet - continued
31 December 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2024 and were signed on its behalf by:





A J Randle - Director


ST BRIDES PARTNERS LIMITED (REGISTERED NUMBER: 09359105)

Notes to the Financial Statements
for the year ended 31 December 2023

1. STATUTORY INFORMATION

St Brides Partners Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Revenue recognition
Revenue is measured at fair value of the consideration received or receivable. Revenue is reduced for customer credits, rebates and other similar allowances.

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 etc - 25% on cost

Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

ST BRIDES PARTNERS LIMITED (REGISTERED NUMBER: 09359105)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

2. ACCOUNTING POLICIES - continued

Current asset investments
Listed investments are carried are fair value. Unlisted investments are carried at fair value if they can be measured reliably . If they cannot be measured reliably they are carried at cost less impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 10 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 50,562
DEPRECIATION
At 1 January 2023 38,346
Charge for year 3,717
At 31 December 2023 42,063
NET BOOK VALUE
At 31 December 2023 8,499
At 31 December 2022 12,216

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 317,266 229,814
Amounts owed by group undertakings 579,372 539,190
Other debtors 25,645 29,756
922,283 798,760

6. CURRENT ASSET INVESTMENTS

The company has an investment portfolio which is managed by professional asset managers and which comprises listed equity shares. The portfolio has been measured at fair value as at 31 December 2023, this being the market value of the portfolio at that date, £247,835. (2022 - £332,550). The book value of these investments was £237,514 at 31 December 2023 (2022 - £319,724). Realised and unrealised losses of £3,747 (2022 - losses £61,019) have been measured through the Income Statement, with no provision being required for any associated deferred tax liability at 31 December 2023 (or 31 December 2022).

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 17,782 33,133
Taxation and social security 46,484 46,747
Other creditors 23,089 60,258
87,355 140,138

ST BRIDES PARTNERS LIMITED (REGISTERED NUMBER: 09359105)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

8. RELATED PARTY DISCLOSURES

The directors of the company are shareholders in Fonthill Holdings Limited (see Note 9). No director holds a controlling interest in that company.

9. ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Fonthill Holdings Limited, this being the ultimate controlling party.