for the Period Ended 31 December 2024
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 December 2024
Principal activities of the company
Additional information
The Directors present this report and the unaudited financial statements for the year ended 31 December 2024. PRINCIPAL ACTIVITIES BGO Newton HoldCo Limited the “Company” was formed as a private company limited by shares to acquire and hold BGO Newton PropCo Limited (the 'Investment'). The Company qualifies as a small company as defined in the Companies Act 2006 in respect of the financial period, and has applied the rules of the ‘Small Companies Regime’ in accordance with applicable sections of the Companies Act 2006. REVIEW OF BUSINESS The results for the year are shown in the Profit or loss account on page 6. Loss for the year ended 31 December 2024 is GBP 24,919 (2023: loss of GBP 30,548). Statement of Financial Position is provided on page 7. As at 31 December 2024 the Company has net assets of GBP 61,235 (2023: assets of GBP 36,154). STRATEGIC REPORT The Company has taken advantage of the exemption under Section 414B of the Companies Act 2006 not to prepare a Strategic Report. DIRECTORS The Directors who held office during the period to the date of signing the Financial Statements is given below: Ian Christopher Jason Ford Gareth James Purcell POST BALANCE SHEET EVENTS Post balance sheet events are set out in note 14 to the financial statements. EMPLOYEES ENGAGEMENT STATEMENT No employees were employed by the Company during financial year ended 31 December 2024. BGO Newton HoldCo Limited DIRECTORS’ REPORT 4 Docusign Envelope ID: 538F11D0-FBFB-418A-8993-F5A6053C651D STATEMENT OF DIRECTORS' RESPONSIBILITIES Company law requires the Directors to prepare financial statements for each financial year. Accordingly, the Directors have prepared the Company’s unaudited financial statements in accordance with FRS 102 and applicable laws. Under the Law, the Directors must not approve the financial statements unless they are satisfied that the financial statements give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that year. In preparing these unaudited financial statements, the Directors are required to: – select suitable accounting policies and then apply them consistently; – make judgments and estimates that are reasonable and prudent; – state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; – prepare the Financial Statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business. The Directors are responsible for keeping proper books of account which disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the Financial Statements are prepared in accordance with accounting standards generally accepted in the United Kingdom and comply with relevant legislation. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Directors
The directors shown below have held office during the whole of the period from
1 January 2024
to
31 December 2024
Secretary
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
| 2024 | 2023 | |
|---|---|---|
|
|
£ |
£ |
| Administrative expenses: |
(
|
(
|
| Operating profit(or loss): |
( |
( |
| Interest receivable and similar income: |
|
|
| Profit(or loss) before tax: |
( |
( |
| Profit(or loss) for the financial year: |
( |
( |
As at
| Notes | 2024 | 2023 | |
|---|---|---|---|
|
|
£ |
£ |
|
| Fixed assets | |||
| Investments: | 3 |
|
|
| Total fixed assets: |
|
|
|
| Current assets | |||
| Cash at bank and in hand: |
|
|
|
| Total current assets: |
|
|
|
| Creditors: amounts falling due within one year: | 4 |
(
|
(
|
| Net current assets (liabilities): |
|
|
|
| Total assets less current liabilities: |
|
|
|
| Total net assets (liabilities): |
|
|
|
| Capital and reserves | |||
| Called up share capital: |
|
|
|
| Share premium account: |
|
|
|
| Profit and loss account: |
( |
( |
|
| Total Shareholders' funds: |
|
|
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 December 2024
Basis of measurement and preparation
Other accounting policies
for the Period Ended 31 December 2024
| 2024 | 2023 | |
|---|---|---|
| Average number of employees during the period |
|
|
for the Period Ended 31 December 2024
*On 30 June 2022, the Company contributed the initial share capital of its subsidiary BGO Newton PropCo Limited of GBP 1 represented by 1 share having a nominal value of GBP 1 each. The subsidiaries over which the Company exercises control via ordinary shares held directly by the company at the end of the year are: Name of company Proportion of nominal value held BGO Newton PropCo Limited 100 %
for the Period Ended 31 December 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Trade creditors |
|
|
| Accruals and deferred income |
|
|
| Total |
|
|