Bloomsbury Minerals Economics Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02815797 (England and Wales)

Bloomsbury Minerals Economics Limited

Report of the Directors and

Unaudited Financial Statements for the Year Ended 30 June 2025

Page

Company Information

1

Report of the Directors

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

Mr N C P Hollands

Ms B A Sotowicz

Mr S.J.D Benney

REGISTERED OFFICE:

97 Judd Street

London

WC1H 9JG

REGISTERED NUMBER:

02815797 (England and Wales)

ACCOUNTANTS:

Chris Syrimis & Co

Chartered Certified Accountants

97 Judd Street

London

WC1H 9JG

BANKERS:

NatWest

Chancery Lane & Holborn Branch

332 High Holborn

London

WC1V 7PS

The directors present their report with the financial statements of the company for the year ended 30 June 2025.

DIVIDENDS

During the year the company paid £451,500 (£451,500 -2024) dividend to its shareholders.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 July 2024 to the date of this report.

Mr N C P Hollands

Ms B A Sotowicz

Mr S.J.D Benney

ON BEHALF OF THE BOARD:

Mr N C P Hollands - Director

1 September 2025

FIXED ASSETS

Tangible assets

4

-

Investments

5

1,413,604

1,271,170

1,413,604

1,271,170

CURRENT ASSETS

Debtors

6

3,175,352

3,233,393

Cash at bank

739,970

1,243,368

3,915,322

4,476,761

CREDITORS

Amounts falling due within one year

7

13,738

4,439

NET CURRENT ASSETS

3,901,584

4,472,322

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,315,188

5,743,492

CAPITAL AND RESERVES

Called up share capital

1,806

Share premium

63,052

Capital redemption reserve

1,394

Retained earnings

5,248,936

5,677,240

SHAREHOLDERS' FUNDS

5,315,188

5,743,492

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 September 2025 and were signed on its behalf by:

Mr N C P Hollands - Director

1.	STATUTORY INFORMATION

Bloomsbury Minerals Economics 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Investments in subsidiaries and associates

Investments in subsidiary and associate undertakings are recognised at fair value along with loans to these entities, ensuring that fluctuations in asset value are accurately reflected in the company's accounts.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Investments

Fixed asset investments are stated at market value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 1 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 July 2024

and 30 June 2025

10,392

DEPRECIATION

At 1 July 2024

and 30 June 2025

10,392

NET BOOK VALUE

At 30 June 2025

-

At 30 June 2024

-

5.	FIXED ASSET INVESTMENTS

Shares in

Interest

group

in

undertakings

associate

Totals

£

COST OR VALUATION

At 1 July 2024

452,170

819,000

1,271,170

Additions

-

109,200

Impairments

-

(102,795

)

(102,795

)

Reversal of impairments

136,029

-

136,029

At 30 June 2025

588,199

825,405

1,413,604

NET BOOK VALUE

At 30 June 2025

588,199

825,405

1,413,604

At 30 June 2024

452,170

819,000

1,271,170

Cost or valuation at 30 June 2025 is represented by:

Shares in

Interest

group

in

undertakings

associate

Totals

£

Valuation in 2025

588,029

87,548

675,577

Cost

170

737,857

738,027

588,199

825,405

1,413,604

During the year the company had two subsidiary companies, Bloomsbury Natural Capital Ltd and Bloomsbury Information Capital Ltd.

The company owned 85 shares in Bloomsbury Natural Capital Ltd which is a 85% subsidiary of the company. Bloomsbury Natural Capital Ltd is an investment vehicle and as of 30th June 2025 its share portfolio was valued at £401,532 which resulted in an uplift of £13,705 for our stake in the company.

The company owned 85 shares in Bloomsbury Information Capital Ltd which is an 85% subsidiary of the company. Bloomsbury Information Capital Ltd is an investment vehicle and as of 30th June 2025 its share portfolio was valued at £2,620,717 which resulted in an uplift of £122,324 for our stake in the company.

6.

DEBTORS

30/6/25

30/6/24

£

Amounts falling due within one year:

Other debtors

261,931

337,500

Secured loans

541,624

242,700

Directors' loan accounts

401,022

776,092

Prepayments

-

9,696

1,204,577

1,365,988

Amounts falling due after more than one year:

Amounts owed by group undertakings

1,970,775

1,867,405

Aggregate amounts

3,175,352

3,233,393

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/6/25

30/6/24

£

Trade creditors

9,000

-

Accrued expenses

4,738

4,439

13,738

4,439