Bright & Bright Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04893369

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		4,342		4,549

			4,342		4,549
CURRENT ASSETS
Debtors	5	556,075		534,105
Cash at bank and in hand		146,304		77,212

		702,379		611,317
Creditors: Amounts Falling Due Within One Year	6	(117,316 )		(94,917 )

NET CURRENT ASSETS (LIABILITIES)			585,063		516,400

TOTAL ASSETS LESS CURRENT LIABILITIES			589,405		520,949

Creditors: Amounts Falling Due After More Than One Year	7		(834 )		(5,834 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1,086 )		(1,137 )

NET ASSETS			587,485		513,978

CAPITAL AND RESERVES
Called up share capital	9		10,000		10,000
Profit and Loss Account			577,485		503,978

SHAREHOLDERS' FUNDS			587,485		513,978

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Bright & Bright Limited

Balance Sheet (continued)

As At 30 March 2025

For the year ending 30 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs R Lead

Director

10/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Bright & Bright Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04893369 . The registered office is 1-2 Rhodium Point Hawkinge Business Park, Spindle Close, Hawkinge, Folkestone, Kent, CT18 7TQ.

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

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% reducing balance
Computer Equipment	5 years straight line

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

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Bright & Bright Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 March 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2024: 9)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 31 March 2024	44,452
Additions	1,726

As at 30 March 2025	46,178

Depreciation
As at 31 March 2024	39,903
Provided during the period	1,933

As at 30 March 2025	41,836

Net Book Value
As at 30 March 2025	4,342

As at 31 March 2024	4,549

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,682	1,447
Amounts owed by group undertakings	547,247	529,079
Other debtors	7,146	3,579

	556,075	534,105

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	5,796	5,494
Bank loans and overdrafts	5,000	5,000
Other creditors	11,787	11,598
Taxation and social security	94,733	72,825

	117,316	94,917

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	834	5,834

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Bright & Bright Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 March 2025

8. Loans

An analysis of the maturity of loans is given below:

	2025	2024
	£	£
Amounts falling due within one year or on demand:
Bank loans	5,000	5,000

	2025	2024
	£	£
Amounts falling due between one and five years:
Bank loans	834	5,834

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	10,000	10,000

10. Related Party Disclosures

Loans to related parties

	Parent	Other related parties	Total
2025	£	£	£
At start of period	529,079	-	529,079
Advanced	18,168	100,750	118,918
Repaid	-	100,750	100,750
At end of period	547,247	-	547,247

	Parent	Other related parties	Total
2024	£	£	£
At start of period	515,316	65,250	580,566
Advanced	13,763	-	13,763
Repaid	-	65,250	65,250
At end of period	529,079	-	529,079

11. Controlling Parties

The company's immediate parent undertaking is Bright Property 2012 Limited .

The ultimate parent undertaking is Bearsted Holdings Ltd (incorporated in England & Wales). Its registered office is 1-2 Rhodium Point, Spindle Close, Hawkinge, Folkestone, Kent CT18 7TQ .

The company's ultimate controlling party is Bearsted Holdings Ltd by virtue of their interest in the share capital of the company.

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