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Registration number: 13696942

Bridgstock Boanas Enterprise And Philanthropy Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 October 2024

 

Bridgstock Boanas Enterprise And Philanthropy Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Statement of Changes in Equity

4

Notes to the Unaudited Financial Statements

5 to 9

 

Bridgstock Boanas Enterprise And Philanthropy Limited

Company Information

Directors

Mrs Helen Annabelle Boanas

Mrs Virginia Mary Kelly

Registered office

C/o Bridgstock Limited
Unit 2B Carrwood Road
Chesterfield
S41 9QB

 

Bridgstock Boanas Enterprise And Philanthropy Limited

(Registration number: 13696942)
Balance Sheet as at 31 October 2024

Note

2024
£

2023
£

Fixed assets

 

Investment property

4

892,430

-

Other financial assets

5

4,627,972

4,047,717

 

5,520,402

4,047,717

Current assets

 

Debtors

6

145,779

401,764

Cash at bank and in hand

 

9,310,722

9,180,422

 

9,456,501

9,582,186

Creditors: Amounts falling due within one year

7

(199,679)

(10,861)

Net current assets

 

9,256,822

9,571,325

Net assets

 

14,777,224

13,619,042

Capital and reserves

 

Called up share capital

8

13,685,962

13,685,962

Revaluation reserve

563,167

(4,672)

Retained earnings

528,095

(62,248)

Shareholders' funds

 

14,777,224

13,619,042

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

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 2 July 2025 and signed on its behalf by:
 

 

Bridgstock Boanas Enterprise And Philanthropy Limited

(Registration number: 13696942)
Balance Sheet as at 31 October 2024

.........................................
Mrs Helen Annabelle Boanas
Director

 

Bridgstock Boanas Enterprise And Philanthropy Limited

Statement of Changes in Equity for the Year Ended 31 October 2024

Share capital
£

Revaluation reserve
£

Retained earnings
£

Total
£

At 1 November 2023

13,685,962

(4,672)

(62,248)

13,619,042

Profit for the year

-

-

1,158,182

1,158,182

Other comprehensive income

-

567,839

(567,839)

-

Total comprehensive income

-

567,839

590,343

1,158,182

At 31 October 2024

13,685,962

563,167

528,095

14,777,224

Share capital
£

Revaluation reserve
£

Retained earnings
£

Total
£

At 1 November 2022

13,685,962

(147,382)

(96,785)

13,441,795

Profit for the year

-

-

177,247

177,247

Other comprehensive income

-

142,710

(142,710)

-

Total comprehensive income

-

142,710

34,537

177,247

At 31 October 2023

13,685,962

(4,672)

(62,248)

13,619,042

 

Bridgstock Boanas Enterprise And Philanthropy Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
C/o Bridgstock Limited
Unit 2B Carrwood Road
Chesterfield
S41 9QB
England

These financial statements were authorised for issue by the Board on 2 July 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The directors have a reasonable expectation that the company will have adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis on preparing its financial statements.

Government grants

Government grants are recognised under the accrual model. Income is recognised in the same period that the related expenditure the grant is intended to compensate is incurred.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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 taxable income.

 

Bridgstock Boanas Enterprise And Philanthropy Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Bridgstock Boanas Enterprise And Philanthropy Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

4

Investment properties

2024
£

Additions

892,430

At 31 October

892,430

There has been no valuation of investment property by an independent valuer.

5

Other financial assets (current and non-current)

Financial assets at fair value through profit and loss
£

Total
£

Non-current financial assets

Cost or valuation

At 1 November 2023

4,047,717

4,047,717

Fair value adjustments

567,839

567,839

Additions

12,416

12,416

At 31 October 2024

4,627,972

4,627,972

Impairment

Carrying amount

At 31 October 2024

4,627,972

4,627,972

 

Bridgstock Boanas Enterprise And Philanthropy Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

6

Debtors

Current

Note

2024
£

2023
£

Amounts owed by group

68,430

68,430

Prepayments

 

77,348

-

Other debtors

 

1

333,334

   

145,779

401,764

7

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

196,781

8,101

Accruals and deferred income

2,898

2,760

199,679

10,861

 

Bridgstock Boanas Enterprise And Philanthropy Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

8

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

13,685,792

13,685,792

13,685,792

13,685,792

       

9

Parent and ultimate parent undertaking

The company's immediate parent is BBEP Holdings Limited (Company number: 14316252), incorporated in England and Wales.

 The ultimate controlling party is Mrs Helen Boanas, who owns 100% of the shares in BBEP Holdings Limited.