Silverfin false false 31/12/2024 01/01/2024 31/12/2024 C N Burton 15/05/2018 D Chilvers 22/03/2023 R J Colbourne 15/05/2018 K W O'Neill 22/03/2023 W T Jackman Tooby 27/09/2018 E A B Webb 27/09/2018 13 August 2025 The principal activity of the Company during the financial year was that of a holding company. 11362364 2024-12-31 11362364 bus:Director1 2024-12-31 11362364 bus:Director2 2024-12-31 11362364 bus:Director3 2024-12-31 11362364 bus:Director4 2024-12-31 11362364 bus:Director5 2024-12-31 11362364 bus:Director6 2024-12-31 11362364 2023-12-31 11362364 core:Non-currentFinancialInstruments 2024-12-31 11362364 core:Non-currentFinancialInstruments 2023-12-31 11362364 core:ShareCapital 2024-12-31 11362364 core:ShareCapital 2023-12-31 11362364 core:CapitalRedemptionReserve 2024-12-31 11362364 core:CapitalRedemptionReserve 2023-12-31 11362364 core:RetainedEarningsAccumulatedLosses 2024-12-31 11362364 core:RetainedEarningsAccumulatedLosses 2023-12-31 11362364 core:CostValuation 2023-12-31 11362364 core:CostValuation 2024-12-31 11362364 core:SubsidiariesWithMaterialNon-controllingInterests core:Non-currentFinancialInstruments 2024-12-31 11362364 core:SubsidiariesWithMaterialNon-controllingInterests core:Non-currentFinancialInstruments 2023-12-31 11362364 bus:OrdinaryShareClass1 2024-12-31 11362364 bus:OrdinaryShareClass2 2024-12-31 11362364 bus:OrdinaryShareClass3 2024-12-31 11362364 bus:OrdinaryShareClass4 2024-12-31 11362364 2024-01-01 2024-12-31 11362364 bus:FilletedAccounts 2024-01-01 2024-12-31 11362364 bus:SmallEntities 2024-01-01 2024-12-31 11362364 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 11362364 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11362364 bus:Director1 2024-01-01 2024-12-31 11362364 bus:Director2 2024-01-01 2024-12-31 11362364 bus:Director3 2024-01-01 2024-12-31 11362364 bus:Director4 2024-01-01 2024-12-31 11362364 bus:Director5 2024-01-01 2024-12-31 11362364 bus:Director6 2024-01-01 2024-12-31 11362364 2023-01-01 2023-12-31 11362364 core:Non-currentFinancialInstruments 2024-01-01 2024-12-31 11362364 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 11362364 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 11362364 bus:OrdinaryShareClass2 2024-01-01 2024-12-31 11362364 bus:OrdinaryShareClass2 2023-01-01 2023-12-31 11362364 bus:OrdinaryShareClass3 2024-01-01 2024-12-31 11362364 bus:OrdinaryShareClass3 2023-01-01 2023-12-31 11362364 bus:OrdinaryShareClass4 2024-01-01 2024-12-31 11362364 bus:OrdinaryShareClass4 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 11362364 (England and Wales)

BGP HOLDINGS LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2024
Pages for filing with the registrar

BGP HOLDINGS LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2024

Contents

BGP HOLDINGS LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 December 2024
BGP HOLDINGS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 December 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 3,755,110 3,755,110
3,755,110 3,755,110
Net current assets 0 0
Total assets less current liabilities 3,755,110 3,755,110
Creditors: amounts falling due after more than one year 4 ( 3,713,844) ( 3,706,308)
Net assets 41,266 48,802
Capital and reserves
Called-up share capital 5 13,334 8,370
Capital redemption reserve 1,630 1,630
Profit and loss account 26,302 38,802
Total shareholders' funds 41,266 48,802

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

Directors' responsibilities:

The financial statements of BGP Holdings Limited (registered number: 11362364) were approved and authorised for issue by the Board of Directors on 13 August 2025. They were signed on its behalf by:

R J Colbourne
Director
BGP HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
BGP HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

BGP Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is The Bransford Webbs Plant Company, Bransford, Worcester, WR6 5JN, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Group accounts exemption

Group accounts exemption s399
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.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

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 creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 6 6

3. Fixed asset investments

Investments in subsidiaries

2024
£
Cost
At 01 January 2024 3,755,110
At 31 December 2024 3,755,110
Carrying value at 31 December 2024 3,755,110
Carrying value at 31 December 2023 3,755,110

4. Creditors: amounts falling due after more than one year

2024 2023
£ £
Amounts owed to own subsidiaries 2,463,844 2,456,308
Other creditors 1,250,000 1,250,000
3,713,844 3,706,308

There are no amounts included above in respect of which any security has been given by the small entity.

5. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
5,110 Ordinary A shares of £ 1.00 each 5,110 5,110
3,260 Ordinary B shares of £ 1.00 each 3,260 3,260
3,260 Ordinary C shares of £ 1.00 each (2023: - shares of £ 0 each) 3,260 0
1,704 Ordinary D shares of £ 1.00 each (2023: nil shares) 1,704 0
13,334 8,370