Company registration number 10990126 (England and Wales)
BESMOKE HOLDINGS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
BESMOKE HOLDINGS LIMITED
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 5
BESMOKE HOLDINGS LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investments
4
12,051
12,051
Current assets
Debtors
5
1,000,001
599,911
Cash at bank and in hand
73
77
1,000,074
599,988
Creditors: amounts falling due within one year
6
(1)
(1)
Net current assets
1,000,073
599,987
Net assets
1,012,124
612,038
Capital and reserves
Called up share capital
7
15,966
15,287
Share premium account
8
996,158
596,751
Total equity
1,012,124
612,038

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 4 June 2025 and are signed on its behalf by:
Mr H D Griffiths
Director
Company registration number 10990126 (England and Wales)
BESMOKE HOLDINGS LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2024
- 2 -
Share capital
Share premium account
Total
Notes
£
£
£
Balance at 1 January 2023
14,695
197,343
212,038
Year ended 31 December 2023:
Profit and total comprehensive income
-
-
-
0
Issue of share capital
7
592
399,408
400,000
Balance at 31 December 2023
15,287
596,751
612,038
Year ended 31 December 2024:
Profit and total comprehensive income
-
-
-
0
Issue of share capital
7
679
399,407
400,086
Balance at 31 December 2024
15,966
996,158
1,012,124
BESMOKE HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 3 -
1
Accounting policies
Company information

Besmoke Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is City Gates, 2 - 4 Southgate, Chichester, West Sussex, PO19 8DJ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

1.3

Group accounts

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

BESMOKE HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 4 -
3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
5
5
4
Fixed asset investments
2024
2023
£
£
Shares in group undertakings and participating interests
12,051
12,051
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
1,000,001
599,911
6
Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
1
1
7
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
ordinary shares of £1 each
15,287
15,287
15,966
15,287

During the year 679 ordinary shares of £1 each were issued for a consideration of £400,086.

8
Share premium account
2024
2023
£
£
At the beginning of the year
596,751
197,343
Issue of new shares
399,407
399,408
At the end of the year
996,158
596,751
BESMOKE HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 5 -
9
Financial commitments, guarantees and contingent liabilities

As part of the group's banking arrangements there is an guarantee between the company and its subsidiaries for borrowings with Lloyds Bank Commercial Finance Limited (2023: HSBC Invoice Finance (UK) Ltd). The debt purchase facility creditor included with other creditors of £323,400 (2023: £407,202) in the subsidiary Besmoke Limited is secured by a fixed and floating charges over the assets of the group.

10
Related party transactions

Included in debtors is £1,000,001 (2023: £599,911) due from the subsidiary company Besmoke Limited.

2024-12-31 2024-01-01 false false false 04 June 2025 CCH Software CCH Accounts Production 2025.100 No description of principal activity Mr H D Griffiths Mr J Davidson Mr D J De Lorenzo Dr D A Baines Mr D Anthony Mr J Davidson 10990126 2024-01-01 2024-12-31 10990126 2024-12-31 10990126 2023-12-31 10990126 core:CurrentFinancialInstruments 2024-12-31 10990126 core:CurrentFinancialInstruments 2023-12-31 10990126 core:ShareCapital 2024-12-31 10990126 core:ShareCapital 2023-12-31 10990126 core:SharePremium 2024-12-31 10990126 core:SharePremium 2023-12-31 10990126 core:ShareCapital 2022-12-31 10990126 core:SharePremium 2022-12-31 10990126 2022-12-31 10990126 core:ShareCapitalOrdinaryShareClass1 2024-12-31 10990126 core:ShareCapitalOrdinaryShareClass1 2023-12-31 10990126 core:SharePremium 2023-12-31 10990126 bus:Director1 2024-01-01 2024-12-31 10990126 2023-01-01 2023-12-31 10990126 core:ShareCapital 2023-01-01 2023-12-31 10990126 core:SharePremium 2023-01-01 2023-12-31 10990126 core:ShareCapital 2024-01-01 2024-12-31 10990126 core:SharePremium 2024-01-01 2024-12-31 10990126 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 10990126 bus:OrdinaryShareClass1 2024-12-31 10990126 bus:OrdinaryShareClass1 2023-12-31 10990126 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10990126 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10990126 bus:FRS102 2024-01-01 2024-12-31 10990126 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 10990126 bus:Director2 2024-01-01 2024-12-31 10990126 bus:Director3 2024-01-01 2024-12-31 10990126 bus:Director4 2024-01-01 2024-12-31 10990126 bus:Director5 2024-01-01 2024-12-31 10990126 bus:CompanySecretary1 2024-01-01 2024-12-31 10990126 bus:FullAccounts 2024-01-01 2024-12-31 xbrli:pure xbrli:shares iso4217:GBP