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REGISTERED NUMBER: 07951596 (England and Wales)















REPORT OF THE DIRECTORS AND

CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 7 APRIL 2024

FOR

BONAS FAMILY HOLDINGS LIMITED

BONAS FAMILY HOLDINGS LIMITED (REGISTERED NUMBER: 07951596)






CONTENTS OF THE CONSOLIDATED FINANCIAL STATEMENTS
for the year ended 7 April 2024




Page

Company Information 1

Report of the Directors 2

Report of the Independent Auditors 3

Consolidated Income Statement 5

Consolidated Balance Sheet 6

Company Balance Sheet 7

Notes to the Consolidated Financial Statements 8


BONAS FAMILY HOLDINGS LIMITED

COMPANY INFORMATION
for the year ended 7 April 2024







DIRECTORS: C Miller
G A Jones





SECRETARY: C Miller





REGISTERED OFFICE: 9 Ely Place
London
EC1N 6RY





REGISTERED NUMBER: 07951596 (England and Wales)





AUDITORS: Cameron Baum Hollander Limited
Chartered Accountants
Statutory Auditor
Suite 1
1-3 Canfield Place
London
NW6 3BT

BONAS FAMILY HOLDINGS LIMITED (REGISTERED NUMBER: 07951596)

REPORT OF THE DIRECTORS
for the year ended 7 April 2024

The directors present their report with the financial statements of the company and the group for the year ended 7 April 2024.

PRINCIPAL ACTIVITY
The principal activity of Bonas Family Holdings Limited ("the Company") is to act as a holding company.

The Group continues to act as a precious stone broker and merchant. It also continues to create digital experiences using 3D technology. In addition, the Group continues to invest in certain quoted and unquoted stocks and funds.

DIRECTORS
The directors shown below have held office during the whole of the period from 8 April 2023 to the date of this report.

C Miller
G A Jones

CHARITABLE DONATIONS
During the year, the group made charitable donations of £Nil (2023: £2,365).

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the group and of the profit or loss of the group for that period. In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's and the group's transactions and disclose with reasonable accuracy at any time the financial position of the company and the group and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the group's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the group's auditors are aware of that information.

AUDITORS
The auditors, Cameron Baum Hollander Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





C Miller - Director


28 March 2025

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
BONAS FAMILY HOLDINGS LIMITED

Opinion
We have audited the financial statements of Bonas Family Holdings Limited (the 'parent company') and its subsidiaries (the 'group') for the year ended 7 April 2024 which comprise the Consolidated Income Statement, Consolidated Balance Sheet, Company Balance Sheet and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:
-give a true and fair view of the state of the group's and of the parent company affairs as at 7 April 2024 and of the group's loss for the year then ended;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information
The directors are responsible for the other information. The other information comprises the information in the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Report of the Directors has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception
In the light of the knowledge and understanding of the group and the parent company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or
- the parent company financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit; or
- the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemption from the requirement to prepare a Group Strategic Report or in preparing the Report of the Directors.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
BONAS FAMILY HOLDINGS LIMITED


Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities set out on page two, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the group's and the parent company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the group or the parent company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Enquiry of management, those charged with governance and the entity's solicitors around actual and potential litigation and claims.
Reviewing minutes of meetings of those charged with governance.
Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with
applicable laws and regulations.
Auditing the risk of management override of controls, including through testing journal entries and other adjustments for appropriateness, and evaluating the business rationale of significant transactions outside the normal course of
business.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.




Geoffrey Hollander (Senior Statutory Auditor)
for and on behalf of Cameron Baum Hollander Limited
Chartered Accountants
Statutory Auditor
Suite 1
1-3 Canfield Place
London
NW6 3BT

29 March 2025

BONAS FAMILY HOLDINGS LIMITED (REGISTERED NUMBER: 07951596)

CONSOLIDATED
INCOME STATEMENT
for the year ended 7 April 2024

2024 2023
Notes £    £    £    £   

TURNOVER 2,753,989 5,668,093

Cost of sales 49,365 658,701
GROSS PROFIT 2,704,624 5,009,392

Administrative expenses 3,861,276 4,600,584
(1,156,652 ) 408,808

Other operating income 546,355 115,472
OPERATING (LOSS)/PROFIT 4 (610,297 ) 524,280

Loss on sale of investments 5 - 83,028
(610,297 ) 441,252

Income from fixed asset investments 9,803 7,391
Interest receivable and similar income 23,371 11,300
33,174 18,691
(577,123 ) 459,943
Gain/(loss) on revaluation of
investments 247,848 (290,925 )
(329,275 ) 169,018

Interest payable and similar expenses 12 50,635
(LOSS)/PROFIT BEFORE TAXATION (329,287 ) 118,383

Tax on (loss)/profit 77,402 (102,795 )
(LOSS)/PROFIT FOR THE FINANCIAL YEAR (406,689 ) 221,178

(Loss)/profit attributable to:
Owners of the parent (237,532 ) 224,248
Non-controlling interests (169,157 ) (3,070 )
(406,689 ) 221,178

BONAS FAMILY HOLDINGS LIMITED (REGISTERED NUMBER: 07951596)

CONSOLIDATED BALANCE SHEET
7 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 7 50,234 63,300
Tangible assets 8 154,600 171,873
Investments 9 545,321 488,046
750,155 723,219

CURRENT ASSETS
Stocks 184,367 184,367
Debtors 10 1,779,844 2,102,986
Investments 11 2,242,499 2,047,955
Cash at bank and in hand 1,153,011 1,705,637
5,359,721 6,040,945
CREDITORS
Amounts falling due within one year 12 723,331 948,106
NET CURRENT ASSETS 4,636,390 5,092,839
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,386,545

5,816,058

CREDITORS
Amounts falling due after more than one
year

13

-

(72,012

)

PROVISIONS FOR LIABILITIES (81,712 ) (69,517 )
NET ASSETS 5,304,833 5,674,529

CAPITAL AND RESERVES
Called up share capital 1,159,270 1,159,270
Capital redemption reserve 16 16
Other reserves 12,720 12,720
Retained earnings 5,111,123 5,348,655
6,283,129 6,520,661

NON-CONTROLLING INTERESTS 14 (978,296 ) (846,132 )
TOTAL EQUITY 5,304,833 5,674,529

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

The financial statements were approved by the Board of Directors and authorised for issue on 28 March 2025 and were signed on its behalf by:





C Miller - Director


BONAS FAMILY HOLDINGS LIMITED (REGISTERED NUMBER: 07951596)

COMPANY BALANCE SHEET
7 April 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 7 - -
Tangible assets 8 - -
Investments 9 7,849,470 7,849,470
7,849,470 7,849,470
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,849,470

7,849,470

CAPITAL AND RESERVES
Called up share capital 1,159,270 1,159,270
Merger reserve 6,690,200 6,690,200
7,849,470 7,849,470

Company's profit for the financial year - -

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

The financial statements were approved by the Board of Directors and authorised for issue on 28 March 2025 and were signed on its behalf by:





C Miller - Director


BONAS FAMILY HOLDINGS LIMITED (REGISTERED NUMBER: 07951596)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
for the year ended 7 April 2024

1. STATUTORY INFORMATION

Bonas Family 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 General 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.

The financial statements are prepared in UK Pound Sterling, which is functional currency of the group.

Basis of consolidation
The financial statements consolidate the accounts of Bonas Family Holdings Limited and all its subsidiary undertakings (the 'Group') using the acquisition method, drawn up to 7 April 2024.

Turnover and other income
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Group and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover includes commission income from diamond brokerage, consultancy fees and sales from contracts.

Commission income is recognised on third party assumption of responsibility of the goods and consultancy fee income is recognised in the period in which the services are provided.

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when the following conditions are satisfied:
- the amount of revenue can be measured reliably;
- it is probable that the company will receive consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.

Revenue from right-to-use license agreements where the company grants rights to use its intellectual property are recognised at the point in time when the license is transferred to the customer.

Revenue from right-to-access license agreements that provides ongoing access to the company's intellectual property are recognised over time, reflecting the period over which the customer benefits from the access.

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.

Patents and licences are amortised evenly over their estimated useful life up to a maximum of 5 years from when they are granted.

BONAS FAMILY HOLDINGS LIMITED (REGISTERED NUMBER: 07951596)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
for the year ended 7 April 2024

2. ACCOUNTING POLICIES - continued

Tangible fixed assets
Tangible fixed assets are measured at 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 calculated to write down the cost less estimated residual value of all tangible fixed assets, over their expected useful lives as follows:

Furniture, computers, plant and motor vehicles between 5% and 33 1/3% straight line.

At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in the income statement.

If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in the income statement.

Stocks
Stocks represents precious stones and have been valued at cost and at each balance sheet date are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to sell. The impairment is recognised immediately in the profit and loss account.

Financial instruments
Financial assets and liabilities are recognised on the balance sheet when the group becomes party to the contractual provisions of the instrument. Financial instruments are initially recognised at fair value on the date a contract is entered into and are subsequently re-measured at their fair value.

Changes in the fair value of financial instruments that are designated and qualify as fair value hedges are recorded in the income statement, together with any changes in the fair value of the hedged asset or liability that is attributable to the hedged risk.

The group has entered into forward foreign exchange contracts that are fair value hedges for foreign currency denominated receivables and payables.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Consolidated 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.

BONAS FAMILY HOLDINGS LIMITED (REGISTERED NUMBER: 07951596)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
for the year ended 7 April 2024

2. ACCOUNTING POLICIES - continued

Research and development
In the research phase of an internal project, if it is not possible to demonstrate that the project will generate future economic benefits, all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its costs can be reliably measured. The capitalised development costs are subsequently amortised on a straight line basis over their useful economic lives, which range from 3 to 6 years.

If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

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
A company in the group 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.

The company provides a range of benefits to employees, including annual bonus arrangements, paid holiday arrangements and defined contribution pension plans.

Short term benefits:
Short term benefits, including holiday pay and other similar non-monetary benefits, are recognised as an expense in the period in which the service is received.

Annual bonus plans:
The company recognises a provision and an expense for bonuses where the company has a legal or constructive obligation as a result of past events and a reliable estimate can be made.

Defined contribution pension plans:
The Company operates a defined contribution plan. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate fund. Under defined contribution plans, the company has no legal or constructive obligations to pay further contributions if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

For defined contribution plans, the company pays contributions to privately administered pension plans on a contractual or voluntary basis. The company has no further payment obligations once the contributions have been paid. The contributions are recognised as employee benefit expense when they are due. Prepaid contributions are recognised as an asset to the extent that a cash refund or a reduction in the future payments is available.

Investments
Investments in subsidiaries are measured at cost less accumulated impairment. Where merger relief is applicable, the cost of the investment in a subsidiary undertaking is measured at the nominal value of the shares issued together with the fair value of any additional compensation are included at cost less amounts written off, or director's valuation if lower.

Investments comprise investments in unquoted equity instruments which are measured at fair value. Changes in fair value are recognised in the income statement. Fair value is estimated by using a valuation technique.

Investments in unlisted Company shares, whose market value can be reliably determined, are re-measured to market value at each balance sheet date. Gains and losses on re-measurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed Company shares are measured to market value at each balance sheet date. Gains and losses on re-measurement are recognised in the statement of Comprehensive Income for the period.

Comparatives
Where the presentation of figures has been amended in the current year, the comparative figures have been amended accordingly.

BONAS FAMILY HOLDINGS LIMITED (REGISTERED NUMBER: 07951596)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
for the year ended 7 April 2024

2. ACCOUNTING POLICIES - continued

Income from long term contracts
The group recognises revenue due on long term contracts based on the stage of completion of its individual projects, and, where applicable, discounted for the time value of money. The stage of completion of each contract is determined by a technical assessment carried out by qualified senior staff. Amounts due from customers on any such contract work is recorded within debtors within accrued income; and gross amounts due to customers on contracts billed ahead of stage completion are included within creditors as accruals and deferred income.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 40 (2023 - 44 ) .

4. OPERATING (LOSS)/PROFIT

The operating loss (2023 - operating profit) is stated after charging/(crediting):

2024 2023
£    £   
Depreciation - owned assets 49,539 48,103
Patents and licences amortisation 18,893 14,295
Auditors' remuneration 55,400 68,145
Auditors' remuneration for non audit work 9,870 15,000
Foreign exchange differences (4,727 ) 39,175

5. EXCEPTIONAL ITEMS
2024 2023
£    £   
Loss on sale of investments - (83,028 )

6. INDIVIDUAL INCOME STATEMENT

As permitted by Section 408 of the Companies Act 2006, the Income Statement of the parent company is not presented as part of these financial statements.


7. INTANGIBLE FIXED ASSETS

Group
Other
intangible
assets
£   
COST
At 8 April 2023 217,152
Additions 5,827
At 7 April 2024 222,979
AMORTISATION
At 8 April 2023 153,852
Charge for year 18,893
At 7 April 2024 172,745
NET BOOK VALUE
At 7 April 2024 50,234
At 7 April 2023 63,300

BONAS FAMILY HOLDINGS LIMITED (REGISTERED NUMBER: 07951596)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
for the year ended 7 April 2024

8. TANGIBLE FIXED ASSETS

Group
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 8 April 2023 47,727 779,079 826,806
Additions - 27,708 27,708
Disposals - (32,417 ) (32,417 )
Exchange differences - (2,069 ) (2,069 )
At 7 April 2024 47,727 772,301 820,028
DEPRECIATION
At 8 April 2023 3,818 651,115 654,933
Charge for year 4,773 44,766 49,539
Eliminated on disposal - (39,044 ) (39,044 )
At 7 April 2024 8,591 656,837 665,428
NET BOOK VALUE
At 7 April 2024 39,136 115,464 154,600
At 7 April 2023 43,909 127,964 171,873

9. FIXED ASSET INVESTMENTS

Group
Other
investments
£   
COST OR VALUATION
At 8 April 2023 488,046
Revaluations 57,656
Exchange differences (381 )
At 7 April 2024 545,321
NET BOOK VALUE
At 7 April 2024 545,321
At 7 April 2023 488,046

Cost or valuation at 7 April 2024 is represented by:

Other
investments
£   
Valuation in 2024 545,321

BONAS FAMILY HOLDINGS LIMITED (REGISTERED NUMBER: 07951596)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
for the year ended 7 April 2024

9. FIXED ASSET INVESTMENTS - continued

Company
Shares in
group
undertakings
£   
COST
At 8 April 2023
and 7 April 2024 7,849,470
NET BOOK VALUE
At 7 April 2024 7,849,470
At 7 April 2023 7,849,470


10. DEBTORS

Group
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 214,237 523,854
Other debtors 343,872 346,219
558,109 870,073

Amounts falling due after more than one year:
Other debtors 1,221,735 1,232,913

Aggregate amounts 1,779,844 2,102,986

11. CURRENT ASSET INVESTMENTS

Group
2024 2023
£    £   
Listed investments 1,892,279 1,697,735
Unlisted investments 350,220 350,220
2,242,499 2,047,955

12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Group
2024 2023
£    £   
Trade creditors 177,444 102,094
Taxation and social security 208,887 121,539
Other creditors 337,000 724,473
723,331 948,106

BONAS FAMILY HOLDINGS LIMITED (REGISTERED NUMBER: 07951596)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
for the year ended 7 April 2024

13. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

Group
2024 2023
£    £   
Other creditors - 72,012

14. NON-CONTROLLING INTERESTS

The non-controlling interests were in Holition Limited - 27.10% (2023: 27.10%) and Plouton Ltd - 50% (2023: 50%).

15. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Transactions between group entities which have been eliminated on consolidation are not disclosed within the financial statements.

BONAS FAMILY HOLDINGS LIMITED (REGISTERED NUMBER: 07951596)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
for the year ended 7 April 2024

16. SUBSIDIARY UNDERTAKINGS

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Country of Class of Group Company


registration/

Nature of

share capital
Holdin
g

Holding
operation business held % %

Bonas & Company Ltd England
and Wales
Precious stone broker and
merchant
Ordinary shares 100 -

Bonas Group Limited England
and Wales
Holding company Ordinary shares 100 100

Bonas Marketing India
Private Limited
India Consultancy services Ordinary shares 100 -

Bonas Botswana
Consulting (Pty) Limited
Botswana Administrative expenses Ordinary shares 99.99 -

Clerkhill Limited England
and Wales
Investment trading Ordinary shares 100 -

H Couzyn Limited England
and Wales
Precious stone broker and
merchant
Ordinary shares 100 -

Holition Limited England
and Wales
3D technology Ordinary shares 72.90 -

Plouton Limited England
and Wales
Consultancy services Ordinary shares 50
-

Holition Beauty Limited England
and Wales
Non-trading Ordinary shares 72.90
-

The aggregate of the share capital and reserves as at 7 April 2024 and of the profit and loss for the year ended on that date for the subsidiary undertakings were as follows:


Aggregate of
share


capital and
reserves

Profit(/loss

)
£    £   
Bonas & Company Limited 8,454,005 464,266
Bonas Group Limited 5,801,313 -
Bonas Marketing India Private Limited 312,378 5,532
Bonas Botswana Consulting (Pty) Limited 339,031 12,396
Clerkhill Limited 191,601 43,194
H Couzyn Limited 122,378 199
Holition Limited (770,959 ) (624,052 )
Plouton Limited (dissolved on 2nd July 2024) - (78 )
Holition Beauty Limited 100 -