Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30true252023-05-01falseThe principal activity of the company continued to be that of real estate managment.25trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07600004 2023-05-01 2024-04-30 07600004 2022-05-01 2023-04-30 07600004 2024-04-30 07600004 2023-04-30 07600004 2022-05-01 07600004 c:Director1 2023-05-01 2024-04-30 07600004 c:Director2 2023-05-01 2024-04-30 07600004 c:Director3 2023-05-01 2024-04-30 07600004 c:Director4 2023-05-01 2024-04-30 07600004 c:Director5 2023-05-01 2024-04-30 07600004 c:Director5 2024-04-30 07600004 c:Director6 2023-05-01 2024-04-30 07600004 c:Director6 2024-04-30 07600004 c:RegisteredOffice 2023-05-01 2024-04-30 07600004 d:Buildings d:ShortLeaseholdAssets 2023-05-01 2024-04-30 07600004 d:Buildings d:ShortLeaseholdAssets 2024-04-30 07600004 d:Buildings d:ShortLeaseholdAssets 2023-04-30 07600004 d:MotorVehicles 2023-05-01 2024-04-30 07600004 d:MotorVehicles 2024-04-30 07600004 d:MotorVehicles 2023-04-30 07600004 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 07600004 d:FurnitureFittings 2023-05-01 2024-04-30 07600004 d:FurnitureFittings 2024-04-30 07600004 d:FurnitureFittings 2023-04-30 07600004 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 07600004 d:ComputerEquipment 2023-05-01 2024-04-30 07600004 d:ComputerEquipment 2024-04-30 07600004 d:ComputerEquipment 2023-04-30 07600004 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 07600004 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 07600004 d:CurrentFinancialInstruments 2024-04-30 07600004 d:CurrentFinancialInstruments 2023-04-30 07600004 d:Non-currentFinancialInstruments 2024-04-30 07600004 d:Non-currentFinancialInstruments 2023-04-30 07600004 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 07600004 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 07600004 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 07600004 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 07600004 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-04-30 07600004 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-04-30 07600004 d:ShareCapital 2023-05-01 2024-04-30 07600004 d:ShareCapital 2024-04-30 07600004 d:ShareCapital 2022-05-01 2023-04-30 07600004 d:ShareCapital 2023-04-30 07600004 d:ShareCapital 2022-05-01 07600004 d:CapitalRedemptionReserve 2023-05-01 2024-04-30 07600004 d:CapitalRedemptionReserve 2024-04-30 07600004 d:CapitalRedemptionReserve 2022-05-01 2023-04-30 07600004 d:CapitalRedemptionReserve 2023-04-30 07600004 d:CapitalRedemptionReserve 2022-05-01 07600004 d:RetainedEarningsAccumulatedLosses 2023-05-01 2024-04-30 07600004 d:RetainedEarningsAccumulatedLosses 2024-04-30 07600004 d:RetainedEarningsAccumulatedLosses 2022-05-01 2023-04-30 07600004 d:RetainedEarningsAccumulatedLosses 2023-04-30 07600004 d:RetainedEarningsAccumulatedLosses 2022-05-01 07600004 c:FRS102 2023-05-01 2024-04-30 07600004 c:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 07600004 c:FullAccounts 2023-05-01 2024-04-30 07600004 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07600004 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-05-01 2024-04-30 07600004 d:KeyManagementIndividualGroup1 2023-05-01 2024-04-30 07600004 d:KeyManagementIndividualGroup2 2023-05-01 2024-04-30 07600004 d:KeyManagementIndividualGroup3 2023-05-01 2024-04-30 07600004 d:KeyManagementIndividualGroup4 2023-05-01 2024-04-30 07600004 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-04-30 07600004 d:KeyManagementIndividualGroup1 2024-04-30 07600004 d:KeyManagementIndividualGroup2 2024-04-30 07600004 d:KeyManagementIndividualGroup3 2024-04-30 07600004 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-04-30 07600004 d:KeyManagementIndividualGroup1 2023-04-30 07600004 d:KeyManagementIndividualGroup2 2023-04-30 07600004 d:KeyManagementIndividualGroup3 2023-04-30 07600004 d:KeyManagementIndividualGroup4 2023-04-30 07600004 d:KeyManagementIndividualGroup4 2024-04-30 07600004 d:UltimateParent 2023-05-01 2024-04-30 07600004 d:UltimateParent 2022-05-01 2023-04-30 07600004 d:UltimateParent 2024-04-30 07600004 d:UltimateParent 2023-04-30 07600004 2 2023-05-01 2024-04-30 07600004 d:AcceleratedTaxDepreciationDeferredTax 2024-04-30 07600004 d:AcceleratedTaxDepreciationDeferredTax 2023-04-30 07600004 d:OtherDeferredTax 2024-04-30 07600004 d:OtherDeferredTax 2023-04-30 07600004 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure
Registered number: 07600004


BRUCE GILLINGHAM POLLARD LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 APRIL 2024

 
BRUCE GILLINGHAM POLLARD LIMITED
 
 
COMPANY INFORMATION


Directors
T Wilson 
W Bruce 
R Bentley-Smith 
C Roberts 
J Barratt (appointed 26 June 2023)
D Freedman (appointed 26 June 2023)




Registered number
07600004



Registered office
8th Floor
Becket House

London

EC2R 8DD




Accountants
Xeinadin London Limited
Accountants

8th Floor

Becket House

36 Old Jewry

London

EC2R 8DD





 
BRUCE GILLINGHAM POLLARD LIMITED
 
 
  
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF BRUCE GILLINGHAM POLLARD LIMITED
FOR THE YEAR ENDED 30 APRIL 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bruce Gillingham Pollard Limited for the year ended 30 April 2024 which comprise  the Statement of financial position, the Statement of changes in equity and the related notes from the Company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of directors of Bruce Gillingham Pollard Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Bruce Gillingham Pollard Limited and state those matters that we have agreed to state to the Board of directors of Bruce Gillingham Pollard Limited, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bruce Gillingham Pollard Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Bruce Gillingham Pollard Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bruce Gillingham Pollard Limited. You consider that Bruce Gillingham Pollard Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Bruce Gillingham Pollard Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Xeinadin London Limited
 
Accountants
  
8th Floor
Becket House
36 Old Jewry
London
EC2R 8DD
3 February 2025
Page 1

 
BRUCE GILLINGHAM POLLARD LIMITED
REGISTERED NUMBER: 07600004

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
18,222
13,901

  
18,222
13,901

Current assets
  

Debtors: amounts falling due within one year
 5 
1,480,130
1,083,406

Cash at bank and in hand
  
827,776
26,755

  
2,307,906
1,110,161

Creditors: amounts falling due within one year
 6 
(2,191,890)
(879,384)

Net current assets
  
 
 
116,016
 
 
230,777

Total assets less current liabilities
  
134,238
244,678

Creditors: amounts falling due after more than one year
 7 
(125,000)
(225,000)

Provisions for liabilities
  

Deferred tax
 9 
(3,247)
(2,170)

  
 
 
(3,247)
 
 
(2,170)

Net assets
  
5,991
17,508


Capital and reserves
  

Called up share capital 
  
106
106

Capital redemption reserve
 10 
1,189
1,189

Profit and loss account
 10 
4,696
16,213

  
5,991
17,508


Page 2

 
BRUCE GILLINGHAM POLLARD LIMITED
REGISTERED NUMBER: 07600004
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 3 February 2025.




R Bentley-Smith
Director

The notes on pages 6 to 13 form part of these financial statements.

Page 3

 
BRUCE GILLINGHAM POLLARD LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 APRIL 2024


Called up share capital
Capital redemption reserve
Profit and loss account
Total equity

£
£
£
£

At 1 May 2023
106
1,189
16,213
17,508


Comprehensive income for the year

Profit for the year

-
-
126,793
126,793


Other comprehensive income for the year
-
-
-
-


Total comprehensive income for the year
-
-
126,793
126,793


Contributions by and distributions to owners

Dividends: Equity capital
-
-
(138,310)
(138,310)


Total transactions with owners
-
-
(138,310)
(138,310)


At 30 April 2024
106
1,189
4,696
5,991


The notes on pages 6 to 13 form part of these financial statements.

Page 4

 
BRUCE GILLINGHAM POLLARD LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 APRIL 2023


Called up share capital
Capital redemption reserve
Profit and loss account
Total equity

£
£
£
£

At 1 May 2022
106
1,189
155,916
157,211


Comprehensive income for the year

Profit for the year

-
-
244,357
244,357


Other comprehensive income for the year
-
-
-
-


Total comprehensive income for the year
-
-
244,357
244,357


Contributions by and distributions to owners

Dividends: Equity capital
-
-
(384,060)
(384,060)


Total transactions with owners
-
-
(384,060)
(384,060)


At 30 April 2023
106
1,189
16,213
17,508


The notes on pages 6 to 13 form part of these financial statements.

Page 5

 
BRUCE GILLINGHAM POLLARD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Bruce Gillingham Pollard Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office is given on the Company Information page of these financial statements.
The principal activity of the company continued to be that of real estate management.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Turnover represents amounts receivable for professional advice on leasing, investment and development supplied during the year, exclusive of Value Added Tax and trade discounts. 

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on the following basis:.


Short-term leasehold property
-
5 years Straight line method
Motor vehicles
-
25% Straight line method
Fixtures and fittings
-
20% Straight line method
Computer equipment
-
33.33% Straight line method

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 6

 
BRUCE GILLINGHAM POLLARD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.9

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.10

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 7

 
BRUCE GILLINGHAM POLLARD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.11

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.12

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


 
2.13

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.14

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Page 8

 
BRUCE GILLINGHAM POLLARD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 25 (2023 - 25).


4.


Tangible fixed assets





Leasehold property improvement
Bicycles
Fixtures and fittings
Computer equipment
Total

£
£
£
£
£



Cost or valuation


At 1 May 2023
39,666
2,399
19,136
43,124
104,325


Additions
-
481
-
12,103
12,584


Disposals
-
-
-
(28,344)
(28,344)



At 30 April 2024

39,666
2,880
19,136
26,883
88,565



Depreciation


At 1 May 2023
39,666
1,311
14,530
34,917
90,424


Charge for the year on owned assets
-
690
1,187
6,386
8,263


Disposals
-
-
-
(28,344)
(28,344)



At 30 April 2024

39,666
2,001
15,717
12,959
70,343



Net book value



At 30 April 2024
-
879
3,419
13,924
18,222



At 30 April 2023
-
1,088
4,606
8,207
13,901

Page 9

 
BRUCE GILLINGHAM POLLARD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Debtors

2024
2023
£
£


Trade debtors
1,146,800
730,226

Amounts owed by group undertakings
-
143,650

Other debtors
169,038
43,854

Prepayments and accrued income
153,813
145,935

Tax recoverable
10,479
19,741

1,480,130
1,083,406



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
100,000
100,000

Trade creditors
191,183
216,058

Amounts owed to group undertakings
1,408,053
-

Corporation tax
76,851
218,757

Other taxation and social security
372,785
265,590

Other creditors
34,014
29,612

Accruals and deferred income
9,004
49,367

2,191,890
879,384


Page 10

 
BRUCE GILLINGHAM POLLARD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
125,000
225,000

125,000
225,000


The following liabilities were secured:

2024
2023
£
£



Bank loan
225,000
325,000

225,000
325,000

Details of security provided:

The loan is secured by way of a debenture dated 25 June 2020. The bank has a fixed and floating charge over the assets of the company.


8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
100,000
100,000


100,000
100,000


Amounts falling due 2-5 years

Bank loans
125,000
225,000


125,000
225,000


225,000
325,000


Page 11

 
BRUCE GILLINGHAM POLLARD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

9.


Deferred taxation




2024


£






At beginning of year
(2,170)


Charged to profit or loss
(1,077)



At end of year
(3,247)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(4,556)
(3,266)

Short term timing differences
1,309
1,096

(3,247)
(2,170)


10.


Reserves

Capital redemption reserve

Includes all current and prior year redemptions or repurchases of issued share capital.

Profit and loss account

Includes all current and prior year retained profit and losses.


11.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £51,278 (2022 - £55,734). Contributions totalling £8,360 (2022 - £8,114) were payable to the fund at the balance sheet date and are included in creditors.

Page 12

 
BRUCE GILLINGHAM POLLARD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

12.


Related party transactions

During the year the company had a loan account with the director, T Wilson. Advances totalled £9,815 (2023: £145,217) and credits totalled £9,660 (2023: £159,160). At the year end the Company was owed £9,720 (2023: £9,565) by T Wilson.
During the year the company had a loan account with the director, W Bruce. Advances totalled £109,011 (2023: £143,567) and credits totalled £57,318 (2023: £159,160). At the year end the Company was owed £67,436 (2023: £15,743) by W Bruce
During the year the company had a loan account with the director, R Bentley-Smith. Advances totalled £75,590 (2023: £61,946) and credits totalled £21,126 (2023: £48,440). At the year end the Company was owed £57,498 (2023: £3,034) by R Bentley-Smith.
During the year the company had a loan account with C Roberts, a director. Advances totalled £9,192 (2023: £15,389) and credits totalled £6,230 (2023: £17,300). At the year end the C Roberts owed the Company £8,610 (2023: £5,648).
During the year the company had a loan account with J Barratt, a director. Advances totalled £15,056 (2023: £Nil) and credits totalled £Nil (2023: £Nil). At the year end the J Barratt owed the Company £15,056 (2023: £-).
The following dividends were paid during the year:


2024
2023
£
£

BGP Real Estate Limited
138,310
384,060
138,310
384,060

The company had net transactions amounting to £36,407 (credit) with it's parent company, BGP Real Estate Limited. Bruce Gillingham Pollard received £1,515,296 on behalf of BGP Real Estate Limited. As at 30 April 2024, BGP Real Estate Limited was owed £1,408,053 by the company (2023: owed to the company by BGP Real Estate £143,650).


13.


Controlling party

BGP Real Estate Limited is regarded to be the ultimate parent company. 
The directors are the ultimate controlling parties by virture of their shareholdings in BGP Real Estate Limited.

 
Page 13