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REGISTERED NUMBER: 10629441 (England and Wales)















Financial Statements

for the Year Ended 31 December 2023

for

BREP STUDENT LTD

PREVIOUSLY KNOWN AS
BASECAMP REAL ESTATE PARTNERS LTD

BREP STUDENT LTD (REGISTERED NUMBER: 10629441)
PREVIOUSLY KNOWN AS BASECAMP REAL ESTATE PARTNERS LTD

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


BREP STUDENT LTD
PREVIOUSLY KNOWN AS BASECAMP REAL ESTATE PARTNERS LTD

Company Information
for the year ended 31 December 2023







Director: D J I Hamer





Registered office: Limetree Farm
Badgemore
Henley on Thames
RG9 4NX





Registered number: 10629441 (England and Wales)





Auditors: Cooper Parry Group Limited
Statutory Auditor
Aissela
46 High Street
Esher
Surrey
KT10 9QY

BREP STUDENT LTD (REGISTERED NUMBER: 10629441)
PREVIOUSLY KNOWN AS BASECAMP REAL ESTATE PARTNERS LTD

Balance Sheet
31 December 2023

2023 2022
Notes £ £ £ £
Fixed assets
Tangible assets 4 4,357 5,895

Current assets
Debtors 5 1,584,136 1,389,886
Cash at bank 142,659 102,259
1,726,795 1,492,145
Creditors
Amounts falling due within one year 6 565,413 980,273
Net current assets 1,161,382 511,872
Total assets less current liabilities 1,165,739 517,767

Capital and reserves
Called up share capital 7 100 100
Retained earnings 8 1,165,639 517,667
Shareholders' funds 1,165,739 517,767

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 November 2024 and were signed by:





D J I Hamer - Director


BREP STUDENT LTD (REGISTERED NUMBER: 10629441)
PREVIOUSLY KNOWN AS BASECAMP REAL ESTATE PARTNERS LTD

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


1. Statutory information

BREP Student 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.

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.

Going Concern
The financial statements have been prepared on a going concern basis. The Directors have reviewed and
considered relevant information, including the annual budget and future cash flows in making their assessment.

Key source of estimation, uncertainty and judgement
The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

Turnover
Turnover is derived from the company's principal activity, being construction and management charges on the establishment of student accommodation.

Turnover represents amounts receivables for goods and services provided in the normal course of business net of any discounts, value added tax and other sales-related taxes. The majority of revenue is earned from the European subsidiaries.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 33.33% on reducing balance
Computer software - 25% on reducing balance

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Derivatives are measued at fair value at each reporting date, with the change in fair value being recognised in the profit and loss.


BREP STUDENT LTD (REGISTERED NUMBER: 10629441)
PREVIOUSLY KNOWN AS BASECAMP REAL ESTATE PARTNERS LTD

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


2. Accounting policies - continued
Taxation
Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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.

3. Employees and directors

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

4. Tangible fixed assets
Fixtures
and Computer
fittings equipment Totals
£ £ £
Cost
At 1 January 2023
and 31 December 2023 5,228 15,081 20,309
Depreciation
At 1 January 2023 2,908 11,506 14,414
Charge for year 348 1,190 1,538
At 31 December 2023 3,256 12,696 15,952
Net book value
At 31 December 2023 1,972 2,385 4,357
At 31 December 2022 2,320 3,575 5,895

5. Debtors: amounts falling due within one year
2023 2022
£ £
Amounts owed by group undertakings 1,544,990 1,387,083
Tax 33,263 -
VAT 95 380
Prepayments 5,788 2,423
1,584,136 1,389,886

6. Creditors: amounts falling due within one year
2023 2022
£ £
Trade creditors 3,288 328,786
Other creditors - 657
Accrued expenses 562,125 650,830
565,413 980,273

BREP STUDENT LTD (REGISTERED NUMBER: 10629441)
PREVIOUSLY KNOWN AS BASECAMP REAL ESTATE PARTNERS LTD

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


7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
100 Ordinary £1 100 100

8. Reserves
Retained
earnings
£

At 1 January 2023 517,667
Profit for the year 647,972
At 31 December 2023 1,165,639

9. Disclosure under Section 444(5B) of the Companies Act 2006

The Report of the Auditors was unqualified.

Paul Hodgett BA(Hons) FCA (Senior Statutory Auditor)
for and on behalf of Cooper Parry Group Limited

10. Related party disclosures

The company is a wholly owned subsidiary of BCG Student Ltd (formerly known as BaseCamp Group Ltd), a company registered at Limetree Farm, Badgemore, Henley-On-Thames, England, RG9 4NX