Company registration number 08914960 (England and Wales)
BEAUBRIDGE (UK) LIMITED
ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
BEAUBRIDGE (UK) LIMITED
COMPANY INFORMATION
Directors
Mr J D Seal
Mr P Buckley
Company number
08914960
Registered office
Kintyre House
70 High Street
Fareham
Hampshire
United Kingdom
PO16 7BB
Auditor
Alliott Wingham Limited
Kintyre House
70 High Street
Fareham
Hampshire
United Kingdom
PO16 7BB
BEAUBRIDGE (UK) LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 7
BEAUBRIDGE (UK) LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
5
2,164
22
Investments
6
50,265
50,265
52,429
50,287
Current assets
Debtors
7
333,992
331,898
Cash at bank and in hand
23,491
16,479
357,483
348,377
Creditors: amounts falling due within one year
8
(68,129)
(68,008)
Net current assets
289,354
280,369
Net assets
341,783
330,656
Capital and reserves
Called up share capital
150
150
Share premium account
319,955
319,955
Profit and loss reserves
21,678
10,551
Total equity
341,783
330,656

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 24 July 2025 and are signed on its behalf by:
Mr P Buckley
Director
Company registration number 08914960 (England and Wales)
BEAUBRIDGE (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information

Beaubridge (UK) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Kintyre House, 70 High Street, Fareham, Hampshire, United Kingdom, PO16 7BB.

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 amounts 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
Going concern

Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements. As a result, the directors believe income will continue to be received as it has done.

The directors consider that the company's cashflow projections show it is capable of continuing as a going concern, giving time to recover debts and investment values into next year.

 

Thus, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for investment services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.


When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
10% on cost
Computers
33% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

BEAUBRIDGE (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 3 -
1.5
Fixed asset investments

The company applies section 12 of FRS 102 in respect of its investments in equity instruments which are not subsidiaries, associates or joint ventures. As the investments are not in public entities, the company measures these investments at cost less impairment.

1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

 

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.7
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

BEAUBRIDGE (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 4 -
Other financial assets

Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.9
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

 

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11
Leases
As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

BEAUBRIDGE (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
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.

Key sources of estimation uncertainty

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows.

Recoverability of investments

The directors believe that the full value of investments, £50,265, is fully recoverable. They do so on the basis that the performance of the underlying investee company has improved. In addition, the shareholders who have provided loans to the underlying entity, meaning it has net liabilities, have stated they will not request repayment of these loans until at least 2026.

Recoverability of trade debt

Trade debtors include an amount of £111,174 due from one entity as at 31 March 2025 (2024: £118,000). £102,000 of this debt relates to invoices raised pre-December 2019. The directors believe the full value of the debtor to be recoverable based upon the improved performance of the entity. This along with the face that the entity has been able to obtain external finance, post year end, with the aim of increasing sales and profits leads the directors to conclude that the entity will be a more attractive prospective for potential buyers and thus the debt will be recoverable.

Other debtors

Included within other debtors are loan balances from entities under common control of £80,000 (2024: £80,000). The directors of the entities to which the loans have been provided have committed to repay Beaubridge UK. On this basis, the directors believe the loan balances to be recoverable.

3
Auditor's remuneration
2025
2024
Fees payable to the company's auditor and associates:
£
£
For audit services
Audit of the financial statements of the company
6,000
7,050
For other services
All other non-audit services
1,550
2,700
BEAUBRIDGE (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 6 -
4
Employees

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

2025
2024
Number
Number
Total
2
2
5
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024
6,764
Additions
2,164
At 31 March 2025
8,928
Depreciation and impairment
At 1 April 2024
6,742
Depreciation charged in the year
22
At 31 March 2025
6,764
Carrying amount
At 31 March 2025
2,164
At 31 March 2024
22
6
Fixed asset investments
2025
2024
£
£
Other investments other than loans
50,265
50,265
7
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
124,564
130,215
Other debtors
209,428
201,683
333,992
331,898
BEAUBRIDGE (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
7
Debtors
(Continued)
- 7 -

Trade debtors include a debt approximating £102,174 (2024: £118,000), recoverability of which is dependent upon the sale of the investment vehicle - see note 2 of these financial statements. The directors believe that this debt will be recoverable in the near future and therefore the debt has been included within amounts falling due within one year.

8
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
17,595
20,829
Taxation and social security
37,727
32,382
Other creditors
12,807
14,797
68,129
68,008
9
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

Opinion

In our opinion the financial statements:

Senior Statutory Auditor:
Mark Nolan FCA
Statutory Auditor:
Alliott Wingham Limited
Date of audit report:
24 July 2025
10
Related party transactions

At the reporting date, Colonsay Capital Limited, a company under the control of Mr P Buckley, owed the company £40,000 (2024: £40,000). No interest has been charged on the loan to Colonsay Capital Limited. The directors are confident that this amount shall be recovered.

 

At the reporting date, Kermore Limited, a company under the control of Mr J Seal, owed the company £40,000 (2024: £40,000). No interest has been charged on the loan to Kermore Limited. The directors are confident that this amount shall be recovered.

2025-03-312024-04-01falsefalsefalse24 July 2025CCH SoftwareCCH Accounts Production 2025.100No description of principal activityMr J D SealMr P Buckley089149602024-04-012025-03-3108914960bus:Director12024-04-012025-03-3108914960bus:Director22024-04-012025-03-3108914960bus:RegisteredOffice2024-04-012025-03-31089149602025-03-31089149602024-03-3108914960core:OtherPropertyPlantEquipment2025-03-3108914960core:OtherPropertyPlantEquipment2024-03-3108914960core:CurrentFinancialInstrumentscore:WithinOneYear2025-03-3108914960core:CurrentFinancialInstrumentscore:WithinOneYear2024-03-3108914960core:ShareCapital2025-03-3108914960core:ShareCapital2024-03-3108914960core:SharePremium2025-03-3108914960core:SharePremium2024-03-3108914960core:RetainedEarningsAccumulatedLosses2025-03-3108914960core:RetainedEarningsAccumulatedLosses2024-03-3108914960core:FurnitureFittings2024-04-012025-03-3108914960core:ComputerEquipment2024-04-012025-03-31089149602023-04-012024-03-3108914960core:OtherPropertyPlantEquipment2024-03-3108914960core:OtherPropertyPlantEquipment2024-04-012025-03-3108914960core:CurrentFinancialInstruments2025-03-3108914960core:CurrentFinancialInstruments2024-03-3108914960core:WithinOneYear2025-03-3108914960core:WithinOneYear2024-03-3108914960bus:PrivateLimitedCompanyLtd2024-04-012025-03-3108914960bus:SmallCompaniesRegimeForAccounts2024-04-012025-03-3108914960bus:FRS1022024-04-012025-03-3108914960bus:Audited2024-04-012025-03-3108914960bus:FullAccounts2024-04-012025-03-31xbrli:purexbrli:sharesiso4217:GBP