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REGISTERED NUMBER: 11749002 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

BRIGHTER PERSPECTIVES LIMITED

BRIGHTER PERSPECTIVES LIMITED (REGISTERED NUMBER: 11749002)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BRIGHTER PERSPECTIVES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTOR: L J Morrison





REGISTERED OFFICE: 10 Jesus Lane
Cambridge
Cambridgeshire
CB5 8BA





REGISTERED NUMBER: 11749002 (England and Wales)





ACCOUNTANTS: Thompson Taraz Rand Ltd
Chartered Accountants
10 Jesus Lane
Cambridge
Cambridgeshire
CB5 8BA

BRIGHTER PERSPECTIVES LIMITED (REGISTERED NUMBER: 11749002)

BALANCE SHEET
31 JANUARY 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 5 528 835

CURRENT ASSETS
Debtors 6 250,358 141,447
Cash at bank 59,942 89,401
310,300 230,848
CREDITORS
Amounts falling due within one year 7 (207,310 ) (129,750 )
NET CURRENT ASSETS 102,990 101,098
TOTAL ASSETS LESS CURRENT LIABILITIES 103,518 101,933

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 103,517 101,932
SHAREHOLDERS' FUNDS 103,518 101,933

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 June 2025 and were signed by:





L J Morrison - Director


BRIGHTER PERSPECTIVES LIMITED (REGISTERED NUMBER: 11749002)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1. STATUTORY INFORMATION

Brighter Perspectives 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.

Related party exemption
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.

Turnover
Turnover refers to the supply of consultancy services. Turnover is recognised only once a service has been provided and the right to the income has been earned.

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Financial instruments
Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.


BRIGHTER PERSPECTIVES LIMITED (REGISTERED NUMBER: 11749002)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

3. ACCOUNTING POLICIES - continued
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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2024 1,670
Additions 110
At 31 January 2025 1,780
DEPRECIATION
At 1 February 2024 835
Charge for year 417
At 31 January 2025 1,252
NET BOOK VALUE
At 31 January 2025 528
At 31 January 2024 835

6. DEBTORS
2025 2024
£    £   
Amounts falling due within one year:
Amounts owed by group undertakings 242,020 141,447
Other debtors 948 -
242,968 141,447

Amounts falling due after more than one year:
Trade debtors 7,390 -

Aggregate amounts 250,358 141,447

BRIGHTER PERSPECTIVES LIMITED (REGISTERED NUMBER: 11749002)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 173 1,800
Taxation and social security 17,926 4,442
Other creditors 189,211 123,508
207,310 129,750

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
1 Ordinary £1 1 1

9. RELATED PARTY DISCLOSURES

At the balance sheet date, the company was owed £242,020 (2023: £141,447) by its parent company. This balance is non-interest bearing, repayable on demand, and is included within debtors due within one year.

During the year, the company was charged £39,846 (2024: £120,000) by the parent company for consultancy services. In addition, it was charged £25,000 (2024: £nil) for management services. At the balance sheet date, the company owed the parent company £184,846 (2024: £120,000). This balance is also non-interest bearing, repayable on demand, and included within creditors due within one year.