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REGISTERED NUMBER: 03836757 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

BERGO INTERNATIONAL LIMITED

BERGO INTERNATIONAL LIMITED (REGISTERED NUMBER: 03836757)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


BERGO INTERNATIONAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: S Berkovitz





SECRETARY: Mrs M Berkovitz





REGISTERED OFFICE: 115 Craven Park Road
South Tottenham
London
N15 6BL





REGISTERED NUMBER: 03836757 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

BERGO INTERNATIONAL LIMITED (REGISTERED NUMBER: 03836757)

STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £   
FIXED ASSETS
Tangible assets 5 1,439 1,693
Investment property 6 2,363,609 2,023,412
2,365,048 2,025,105

CURRENT ASSETS
Debtors 7 22,559 8,395
Cash at bank 26,274 69,348
48,833 77,743
CREDITORS
Amounts falling due within one year 8 (188,452 ) (141,996 )
NET CURRENT LIABILITIES (139,619 ) (64,253 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,225,429

1,960,852

CREDITORS
Amounts falling due after more than one
year

9

(1,360,343

)

(1,099,133

)

PROVISIONS FOR LIABILITIES (83,761 ) (83,761 )
NET ASSETS 781,325 777,958

CAPITAL AND RESERVES
Called up share capital 12 1 1
Fair value reserve 13 340,522 340,522
Retained earnings 13 440,802 437,435
SHAREHOLDERS' FUNDS 781,325 777,958

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

BERGO INTERNATIONAL LIMITED (REGISTERED NUMBER: 03836757)

STATEMENT OF FINANCIAL POSITION - continued
30 SEPTEMBER 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 and authorized for issue by the director and authorised for issue on 11 June 2025 and were signed by:





S Berkovitz - Director


BERGO INTERNATIONAL LIMITED (REGISTERED NUMBER: 03836757)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Bergo International 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on reducing balance

Investment properties
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

BERGO INTERNATIONAL LIMITED (REGISTERED NUMBER: 03836757)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 6,112 3,375 9,487
DEPRECIATION
At 1 October 2023 4,419 3,375 7,794
Charge for year 254 - 254
At 30 September 2024 4,673 3,375 8,048
NET BOOK VALUE
At 30 September 2024 1,439 - 1,439
At 30 September 2023 1,693 - 1,693

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 2,023,412
Additions 340,197
At 30 September 2024 2,363,609
NET BOOK VALUE
At 30 September 2024 2,363,609
At 30 September 2023 2,023,412

The fair value of investment properties were assessed to be unchanged by the director. The fair value was determined using open market valuation method.

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2017 424,283
Cost 1,939,326
2,363,609

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 12,559 6,195
Other debtors 10,000 2,200
22,559 8,395

BERGO INTERNATIONAL LIMITED (REGISTERED NUMBER: 03836757)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Taxation and social security 4,696 11,329
Other creditors 183,756 130,667
188,452 141,996

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans (see note 10) 1,360,343 1,099,133

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 1,360,343 1,099,133

10. LOANS

An analysis of the maturity of loans is given below:

30.9.24 30.9.23
£    £   
Amounts falling due in more than five years:
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 1,360,343 1,099,133

11. SECURED DEBTS

The following secured debts are included within creditors:

30.9.24 30.9.23
£    £   
Bank loans 1,360,343 1,099,133

The mortgage loan is secured by a first charge over the company's property and a floating charge over the assets of the company, and bear interest at variable rates.

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
1 Ordinary £1 1 1

BERGO INTERNATIONAL LIMITED (REGISTERED NUMBER: 03836757)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

13. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 October 2023 437,435 340,522 777,957
Profit for the year 13,367 13,367
Dividends (10,000 ) (10,000 )
At 30 September 2024 440,802 340,522 781,324

14. RELATED PARTY DISCLOSURES

During the year, total dividends of £10,000 (2023 - £3,500) were paid to the director .

15. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S Berkovitz.