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REGISTERED NUMBER: 09177994 (England and Wales)









Financial Statements

for the Year Ended 31 December 2023

for

BRP Bizzozero & Partners UK Ltd

BRP Bizzozero & Partners UK Ltd (Registered number: 09177994)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BRP Bizzozero & Partners UK Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: R J McGrand
Ms S Maillard
Mrs A Gisiger





REGISTERED OFFICE: Unit 7 Mulberry Place
Pinnell Road
Eltham
London
SE9 6AR





REGISTERED NUMBER: 09177994 (England and Wales)





AUDITORS: Nichols & Co ( Accountancy ) Limited
Chartered Accountants
and Statutory Auditors
Unit 7
Mulberry Place
Pinnell Road
Eltham
London
SE9 6AR

BRP Bizzozero & Partners UK Ltd (Registered number: 09177994)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £ £
FIXED ASSETS
Tangible assets 4 499 1,027

CURRENT ASSETS
Debtors 5 14,666 19,192
Cash at bank 6,778 2,647
21,444 21,839
CREDITORS
Amounts falling due within one year 6 (15,258 ) (13,538 )
NET CURRENT ASSETS 6,186 8,301
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,685

9,328

CAPITAL AND RESERVES
Called up share capital 7 60,000 60,000
Retained earnings 8 (53,315 ) (50,672 )
SHAREHOLDERS' FUNDS 6,685 9,328

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 20 September 2024 and were signed on its behalf by:





R J McGrand - Director


BRP Bizzozero & Partners UK Ltd (Registered number: 09177994)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

BRP Bizzozero & Partners UK Ltd 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.

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.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Fixed assets are initially recorded at cost and subsequently at cost less accumulated depreciation and accumulated impairment losses.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

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.

FOREIGN CURRENCIES
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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

BRP Bizzozero & Partners UK Ltd (Registered number: 09177994)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 1 January 2023
and 31 December 2023 4,684
DEPRECIATION
At 1 January 2023 3,657
Charge for year 528
At 31 December 2023 4,185
NET BOOK VALUE
At 31 December 2023 499
At 31 December 2022 1,027

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£ £
Trade debtors - 5,400
Amounts owed by group undertakings 9,575 1,601
Other debtors 5,091 12,191
14,666 19,192

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£ £
Taxation and social security 5,219 4,652
Other creditors 10,039 8,886
15,258 13,538

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £ £
60,000 Ordinary 1 60,000 60,000

8. RESERVES
Retained
earnings
£

At 1 January 2023 (50,672 )
Deficit for the year (2,643 )
At 31 December 2023 (53,315 )

BRP Bizzozero & Partners UK Ltd (Registered number: 09177994)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

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

The Report of the Auditors was unqualified.

Steven Nichols FCA CTA (Senior Statutory Auditor)
for and on behalf of Nichols & Co ( Accountancy ) Limited

10. RELATED PARTY DISCLOSURES

BRP Bizzozero & Partners SA, the parent company, provided a loan of £50,000 in 2016 to BRP Bizzozero & Partners UK Ltd. The loan was for an indefinite period and could be paid partially or totally at any time. The loan carries interest at the minimum rate authorised by the Swiss tax authorities. The rate may vary from one year to another. The rate for 2023 is nil (2022 - Nil). During 2017, the £50,000 capital element of the loan was converted into equity shares. At the year end the loan balance outstanding was £192 (2022 - £192).

During the year BRP Bizzozero & Partners SA, the parent company, paid for expenses totalling nil (2022 - £nil) and received income of £7,975 (2022 - £6,095) on behalf of the company. At the year end, the company was due £9,575 (2022 - £1,601) from BRP Bizzozero & Partners SA.

The ultimate controlling party is BRP Bizzozero & Partners SA by virtue of its 100% shareholding.

11. ULTIMATE PARENT COMPANY

Until September 2024, BRP Bizzozero & Partners SA (incorporated in Switzerland) was regarded by the directors as being the company's ultimate parent company.

Registered office: Rue de Vermont 62, PO Box 82, 1211 Geneva 20, Switzerland.

From September 2024, Aosphere Ltd , Company Registered Number: 15371365, was regarded by the
directors as being the company's ultimate parent company.

Registered Office: 47 Queen Anne Street, London, England, W1G 9JG