| Bryum Capital Ltd |
| Registered number: |
05265297 |
| Balance Sheet |
| as at 31 December 2024 |
|
|
|
| Notes |
|
|
2024 |
|
|
2023 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
230 |
|
|
307 |
| Investments |
4 |
|
|
4,031,865 |
|
|
3,925,082 |
|
|
|
|
4,032,095 |
|
|
3,925,389 |
|
|
|
|
|
|
|
|
| Current assets |
| Debtors |
5 |
|
|
3,017,117 |
|
|
2,379,354 |
| Investments held as current assets |
6 |
|
|
7,566,444 |
|
|
8,287,485 |
| Cash at bank and in hand |
|
|
|
277,195 |
|
|
1,973 |
|
|
|
|
10,860,756 |
|
|
10,668,812 |
|
| Creditors: amounts falling due within one year |
7 |
|
|
(955,994) |
|
|
(1,034,138) |
|
| Net current assets |
|
|
|
9,904,762 |
|
|
9,634,674 |
|
|
|
|
|
|
|
|
| Total assets less current liabilities |
|
|
|
13,936,857 |
|
|
13,560,063 |
|
| Creditors: amounts falling due after more than one year |
8 |
|
|
(1,489,498) |
|
|
(614,004) |
|
|
|
| Net assets |
|
|
|
12,447,359 |
|
|
12,946,059 |
|
|
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1,000,000 |
|
|
1,000,000 |
| Profit and loss account |
|
|
|
11,447,359 |
|
|
11,946,059 |
|
| Shareholder's funds |
|
|
|
12,447,359 |
|
|
12,946,059 |
|
|
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
|
|
| J A Bonfield |
| Director |
| Approved by the board on 29 September 2025 |
|
| Bryum Capital Ltd |
| Notes to the Accounts |
| for the year ended 31 December 2024 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover, which is attributable to the company's principal activity of securities dealing, represents the proceeds, net of value added taxes and similar duties, from the sales contracted in the year of securities held for trading. It also includes, profits and increases in value of financial futures contracts on a mark to market basis, the increase in the fair value at the year end of securities held for trading at that time; decreases in the fair value are included in cost of sales. Dividends and interest received on the securities, together with net foreign exchange differences on trading as well as securities related fees are also included. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Fixtures, fittings, tools and equipment |
over 4 years |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are included in fixed assets and measured at cost less any accumulated impairment losses. Investment in securities expected to be held for more than one year rather than held for sale are included in fixed assets. Investments relating to the company's principal activity of secutities trading are included in current assets. Investments other than in subsidiaries, associates and joint ventures, which are listed investments are measured at fair value whilst unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in turnover in the profit and loss account. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
Foreign currency translation |
|
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. |
|
|
| 2 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 January 2024 |
2,272 |
|
At 31 December 2024 |
2,272 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2024 |
1,965 |
|
Charge for the year |
77 |
|
At 31 December 2024 |
2,042 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2024 |
230 |
|
At 31 December 2023 |
307 |
|
|
| 4 |
Investments |
| Investments in |
| associated |
Other |
| undertakings |
investments |
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 January 2024 |
3,057,495 |
|
867,587 |
|
3,925,082 |
|
Additions |
- |
|
106,783 |
|
106,783 |
|
|
At 31 December 2024 |
3,057,495 |
|
974,370 |
|
4,031,865 |
|
|
|
|
|
|
|
|
|
|
Historical cost |
|
At 1 January 2024 |
3,213,088 |
|
867,587 |
|
At 31 December 2024 |
3,213,088 |
|
974,370 |
|
|
|
|
|
|
|
|
|
| 5 |
Debtors |
2024 |
|
2023 |
| £ |
£ |
|
|
Trade debtors |
548,501 |
|
58,722 |
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
2,389,420 |
|
2,232,742 |
|
Taxation recoverable |
|
|
|
|
650 |
|
- |
|
Other debtors |
78,546 |
|
87,890 |
|
|
|
|
|
|
3,017,117 |
|
2,379,354 |
|
|
|
|
|
|
|
|
|
|
Amounts due after more than one year included above |
962,651 |
|
2,111,904 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Investments held as current assets |
2024 |
|
2023 |
| £ |
£ |
|
Fair value |
|
Listed investments |
7,566,444 |
|
5,697,016 |
|
Unlisted investments |
- |
|
2,590,469 |
|
|
|
|
|
|
7,566,444 |
|
8,287,485 |
|
|
|
|
|
|
|
|
|
|
Increase/(decrease) in fair value included in the profit and loss account for the financial year |
|
Listed investments |
3,418,666 |
|
1,800,900 |
|
Unlisted investments |
(2,294,974) |
|
132,526 |
|
|
|
|
|
|
1,123,692 |
|
1,933,426 |
|
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
33,115 |
|
33,852 |
|
Other creditors |
922,879 |
|
1,000,286 |
|
|
|
|
|
|
955,994 |
|
1,034,138 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Creditors: amounts falling due after one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Loans |
1,489,498 |
|
614,004 |
|
|
|
|
|
|
|
|
|
|
| 9 |
Other information |
|
|
Bryum Capital Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
Hartland House |
|
6 Bathgate Road |
|
London |
|
SW19 5PN |