Bruin Biometrics Europe Limited

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

Registered number: 08711483

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		800		1,200

			800		1,200
CURRENT ASSETS
Debtors	5	11,266		14,448
Cash at bank and in hand		14,807		15,161

		26,073		29,609
Creditors: Amounts Falling Due Within One Year	6	(10,659,163 )		(10,686,050 )

NET CURRENT ASSETS (LIABILITIES)			(10,633,090 )		(10,656,441 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(10,632,290 )		(10,655,241 )

NET LIABILITIES			(10,632,290 )		(10,655,241 )

CAPITAL AND RESERVES
Called up share capital	7		1,000		1,000
Profit and Loss Account			(10,633,290 )		(10,656,241 )

SHAREHOLDERS' FUNDS			(10,632,290)		(10,655,241)

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

Mr Martin Burns

Director

26 August 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Bruin Biometrics Europe Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08711483 . The registered office is Paulton House, Old Mills, Paulton, Bristol, Somerset, BS39 7SX.

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. Significant judgements and estimations

There were no critical accounting estimates or judgements required in the preparation of these financial statements in the current or prior year.

2.3. 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.

2.4. 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:

Plant & Machinery	33% straight line
Computer Equipment	33% straight line

2.5. Financial Instruments

The entity has only entered into basic financial instruments. Basic financial instruments are recognised at amortised cost, except for investments in nonconvertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.

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.

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.

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

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Bruin Biometrics Europe Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2023: 3)

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2024	981,756	13,540	995,296

As at 31 December 2024	981,756	13,540	995,296

Depreciation
As at 1 January 2024	981,756	12,340	994,096
Provided during the period	-	400	400

As at 31 December 2024	981,756	12,740	994,496

Net Book Value
As at 31 December 2024	-	800	800

As at 1 January 2024	-	1,200	1,200

5. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	1,161	1,121
Other debtors	9,700	12,924
VAT	405	403

	11,266	14,448

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	3,301	630
Other creditors	10,655,862	10,685,420

	10,659,163	10,686,050

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	1,000	1,000

8. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is BBI Medical solutions LLC . BBI Medical solutions LLC was incorporated in the USA. . The ultimate controlling party is not known.

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