BRIGHTISSUE HOLDINGS LIMITED

Company Registration Number:
11917555 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

BRIGHTISSUE HOLDINGS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

BRIGHTISSUE HOLDINGS LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Investments: 3 678,057 678,057
Total fixed assets: 678,057 678,057
Current assets
Debtors: 4 100 100
Total current assets: 100 100
Net current assets (liabilities): 100 100
Total assets less current liabilities: 678,157 678,157
Creditors: amounts falling due after more than one year: 5 (659,295) (658,482)
Total net assets (liabilities): 18,862 19,675
Capital and reserves
Called up share capital: 977 977
Profit and loss account: 17,885 18,698
Shareholders funds: 18,862 19,675

The notes form part of these financial statements

BRIGHTISSUE HOLDINGS LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 09 September 2025
and signed on behalf of the board by:

Name: Mrs E J Hill
Status: Director

The notes form part of these financial statements

BRIGHTISSUE HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

BRIGHTISSUE HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

BRIGHTISSUE HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Fixed investments

Cost at 01 January 2024 and 31 December 2024 - £678,057 Net book value at 31 December 2024 - £678,057 Net book value at 31 December 2023 - £678,057

BRIGHTISSUE HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

Debtors comprise of: Other debtors - £100 (2023 - £100)

BRIGHTISSUE HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due after more than one year note

Amounts owed to group undertakings and undertakings in which the company has a participating interest - £659,295 (2023 - £658,482)

BRIGHTISSUE HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Financial commitments

Guarantees and contingent assets and liabilities The company has provided security to Natwest Bank Plc, by way of a fixed and floating charge, over the assets of the company and its subsidiary to guarantee the loan due from Thinkdelta Group Limited, a subsidiary company. As at 31 December 2024 the amount due was £209,000 (2023 - £221,632).

BRIGHTISSUE HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Related party transactions

As at 31 December 2024, the company was indebted to its subsidiary companies, as follows, Thinkdelta Group Limited - £585,752 (2023 - £584,939) Delta Steeplejacks Limited - £73,543 (2023 - £73,543)