BRYCG A LIMITED


Directors	D Clive
	G Linton


Registered Address	Fora Soho
	33 Broadwick Street
	London
	W1F 0DQ


Registered Number	12288843 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Current assets
Debtors	3	26,253,785		24,805,574
Cash at bank and on hand		2,282,448		1,523,254
		28,536,233		26,328,828
Creditors amounts falling due within one year	4	(28,346,487)		(5,130,683)
Net current assets (liabilities)			189,746		21,198,145
Total assets less current liabilities			189,746		21,198,145
Creditors amounts falling due after one year	5		-		(21,030,913)
Net assets			189,746		167,232
Capital and reserves
Called up share capital			200		200
Profit and loss account			189,546		167,032
Shareholders' funds			189,746		167,232

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 11 September 2025, and are signed on its behalf by:

D Clive
Director
Registered Company No. 12288843

BRYCG A LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page. The financial statements report the financial results only of the company and are presented in Sterling (£).

	Statement of compliance
	The financial statements have been prepared in compliance with Section 1A of Financial Reporting Standard 102 and Companies Act 2006 as these apply to the financial statements for the period and there were no material departures from the reporting standard.

	Going concern
	After making enquiries, the director has a reasonable expectation that the Company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly, the director continues to adopt the going concern basis in preparing the financial statements.

Going concern

After making enquiries, the director has a reasonable expectation that the Company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly, the director continues to adopt the going concern basis in preparing the financial statements.

	Revenue from rendering of services
	Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Revenue represents fees and interest receivable in the year from bridging loans made by the company. Fees are recognised at the commencement of the loan. Interest receivable is recognised over the length of the loan at the effect interest rate.

Revenue from rendering of services

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Revenue represents fees and interest receivable in the year from bridging loans made by the company. Fees are recognised at the commencement of the loan. Interest receivable is recognised over the length of the loan at the effect interest rate.

	Employee benefits
	The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in creditors as a liability in the Balance sheet. The assets of the plan are held separately from the company in independently administered funds. The pension cost charge represents contributions payable by the company to the fund and amounted to £977 (2024: £421). Contributions totalling £259 (2024: £187) were payable to the fund at the balance sheet date and are included in creditors.

Employee benefits

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in creditors as a liability in the Balance sheet. The assets of the plan are held separately from the company in independently administered funds.

The pension cost charge represents contributions payable by the company to the fund and amounted to £977 (2024: £421). Contributions totalling £259 (2024: £187) were payable to the fund at the balance sheet date and are included in creditors.

	Current taxation
	Tax is recognised in the profit and loss account except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

Current taxation

Tax is recognised in the profit and loss account except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

	Financial instruments
	Financial assets and financial liabilities are recognised when the company becomes 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. Basic financial assets, including trade and other debtors, and cash and bank balances, are initially recognised at transaction price, 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 for a similar debt instrument. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment. Basic financial liabilities, including trade and other creditors, bank loans and loans from fellow group companies, 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 for a similar debt instrument. Debt instruments are subsequently carried at amortised cost, using the effective interest method. Financial assets measured at cost and amortised cost are assessed at the end of each reporting period for evidence of impairment. If evidence of impairment is found, an impairment loss is recognised in the profit and loss account. Financial assets are derecognised when (i) the contractual rights to the cashflows from the asset expire or are settled, or (ii) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (iii) despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party. Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires. Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Financial instruments

Financial assets and financial liabilities are recognised when the company becomes 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.
	
Basic financial assets, including trade and other debtors, and cash and bank balances, are initially recognised at transaction price, 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 for a similar debt instrument. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Basic financial liabilities, including trade and other creditors, bank loans and loans from fellow group companies, 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 for a similar debt instrument. Debt instruments are subsequently carried at amortised cost, using the effective interest method.
	
Financial assets measured at cost and amortised cost are assessed at the end of each reporting period for evidence of impairment. If evidence of impairment is found, an impairment loss is recognised in the profit and loss account.

Financial assets are derecognised when (i) the contractual rights to the cashflows from the asset expire or are settled, or (ii) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (iii) despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party. Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

2.	Average number of employees
	The average number of employees include directors.


		2025		2024
	Average number of employees during the year	3		3

3.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	26,171,796	24,752,923
Other debtors	4,984	4
Prepayments and accrued income	77,005	52,647
Total	26,253,785	24,805,574

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	5,459	92,610
Amounts owed to related parties	6,448,040	4,683,268
Taxation and social security	8,598	6,595
Other creditors	21,410,605	187
Accrued liabilities and deferred income	473,785	348,023
Total	28,346,487	5,130,683


	Amounts owed to related parties above are owed to the shareholders. Other Creditors include loans of £21,410,346 (2024: £Nil) which are secured by way of a fixed and floating charge over the assets of the company. The company has a £30m senior loan facility which matures in July 2025.

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	-	21,030,913
Total	-	21,030,913


	Other Creditors of £Nil (2024: £21,030,913) are loans secured by way of a fixed and floating charge over the assets of the company. The company has a £30m senior loan facility which matures in July 2025.

6.	Related party transactions
	The Company has taken advantage of the exemption provided under FRS 102 Section 1A from disclosing transactions that are concluded under normal market conditions.