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REGISTERED NUMBER: 09791824 (England and Wales)

























Financial Statements

for the Year Ended 30 April 2024

for

Bex Holdings Limited

Bex Holdings Limited (Registered number: 09791824)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bex Holdings Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Michael J Board
I M Board





REGISTERED OFFICE: The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR





REGISTERED NUMBER: 09791824 (England and Wales)





ACCOUNTANTS: Mander Duffill
Chartered Accountants
The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR

Bex Holdings Limited (Registered number: 09791824)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 100 100
Tangible assets 5 2,924,497 1,800,573
Investments 6 2,382,388 2,282,544
5,306,985 4,083,217

CURRENT ASSETS
Debtors 7 223,433 818,291
Cash at bank 550,951 864,855
774,384 1,683,146
CREDITORS
Amounts falling due within one year 8 67,776 37,906
NET CURRENT ASSETS 706,608 1,645,240
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,013,593

5,728,457

PROVISIONS FOR LIABILITIES 162,631 -
NET ASSETS 5,850,962 5,728,457

CAPITAL AND RESERVES
Called up share capital 130 130
Revaluation reserve 9 487,893 -
Retained earnings 5,362,939 5,728,327
SHAREHOLDERS' FUNDS 5,850,962 5,728,457

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

Bex Holdings Limited (Registered number: 09791824)

Balance Sheet - continued
30 April 2024


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 January 2025 and were signed on its behalf by:




Michael J Board - Director



I M Board - Director


Bex Holdings Limited (Registered number: 09791824)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Bex Holdings 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.

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 as modified by the revaluation of certain assets.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - Not provided
Plant and machinery etc - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Bex Holdings Limited (Registered number: 09791824)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 100
NET BOOK VALUE
At 30 April 2024 100
At 30 April 2023 100

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 May 2023 1,677,329 164,771 1,842,100
Additions 494,480 8,184 502,664
Revaluations 650,524 - 650,524
At 30 April 2024 2,822,333 172,955 2,995,288
DEPRECIATION
At 1 May 2023 - 41,527 41,527
Charge for year - 29,264 29,264
At 30 April 2024 - 70,791 70,791
NET BOOK VALUE
At 30 April 2024 2,822,333 102,164 2,924,497
At 30 April 2023 1,677,329 123,244 1,800,573

Cost or valuation at 30 April 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2024 650,524 - 650,524
Cost 2,171,809 172,955 2,344,764
2,822,333 172,955 2,995,288

Bex Holdings Limited (Registered number: 09791824)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

6. FIXED ASSET INVESTMENTS
Other
investment
£   
COST OR VALUATION
At 1 May 2023 2,282,544
Revaluations 99,844
At 30 April 2024 2,382,388
NET BOOK VALUE
At 30 April 2024 2,382,388
At 30 April 2023 2,282,544

Cost or valuation at 30 April 2024 is represented by:

Other
investment
£   
Valuation in 2023 (17,455 )
Valuation in 2024 99,843
Cost 2,300,000
2,382,388

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 223,433 818,291

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 1,300 3,349
Other creditors 66,476 34,557
67,776 37,906

9. RESERVES
Revaluation
reserve
£   
Revaluation 487,893

At 30 April 2024 487,893