The directors present their annual report and financial statements for the year ended 31 December 2024.

The company has taken the exemption available under section 414b of the Companies Act 2006 to not prepare a Strategic Report, and has taken advantage of the exemption under section 415A of the Companies Act 2006 in preparing the directors' report having met the criteria of a small company in the current and previous financial year.

The principal activity of the company continued to be that of a management services company in the year under review. The company was dormant for the duration of the period, and is expected to be for the foreseeable future.

Review of business

The profit for the financial year was £NIL (2023: £6,230) and has net liabilities of £58,182 (2023: £58,182).

The results for the year are set out on page 2.

No dividends will be distributed for the year ended 31 December 2024.

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

This report has been prepared in accordance with the provisions applicable to companies entitled to the

small companies exemption.

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

BCEG International (UK) Ltd is a limited company incorporated and registered in England and Wales (United Kingdom) under the Companies Act 2006. It is a private company limited by shares. Its parent company is BCEGI Holdings (UK) Limited, incorporated in England and Wales, and the ultimate holding company is Beijing Construction Engineering Group Co Ltd, a company incorporated in The People's Republic of China. Its ultimate controlling party is the State-owned Assets Supervision and Administration Commission of the State Council, the People's Republic of China. The address of the registered office and its principal place of business is 807 Spaces Peter House, Manchester, England, M1 5AN.

The smallest group to which the results of the company were consolidated was headed by BCEGI Holdings (UK) Limited, The largest group to which the results of the company were consolidated was headed by Beijing Construction Engineering Group Co., Ltd.

The financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS) as adopted for use in the United Kingdom and with those parts of the Companies Act 2006 applicable to companies reporting under IFRS, except as otherwise stated.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared on the historical cost basis and on a going concern basis. Historical cost is generally based on fair value for the consideration given in exchange for goods and services.

The financial statements have been based on a going concern basis which presumes that the Company has adequate resources to remain in operation and that the directors intend it to do so for at least one year from the date the financial statements are signed.true

The company is part of Beijing Construction Engineering Group Co, Ltd whose ultimate controlling party is the State-Owned Assets and Administration Commission of the State Council, The People's Republic of China. As the Company is part of a group which participates in BCEG International Investment Co., Ltd (the "Parent") its shares arrangements via its parent and fellow subsidiaries. The company is expected to continue and to be able to obtain finance via intercompany loans to operate for the foreseeable future.

The Parent has significant resources together with its customers portfolio, coupled with the geographically diverse operating footprint of the Parent and breadth of industry groupings, means that the Parent is well placed to manage the direct business impact and the current global economic uncertainty.

In determining the appropriate basis of preparation of the financial statements, the directors are required to consider whether the company can continue in operational existence during the going concern period, which the directors have defined as the date of approval of the 31 December 2024 financial statements through to 31 December 2026.

The directors have reviewed the company's forecasts and projections for the going concern period, to ensure the continuity and sustainability of the company. Each year a detailed cash flow is produced for the year ahead based on the secured contracts, and when there is cashflow shortfall, the Parent company, through its subsidiary BCEGI (Hong Kong) Limited, will provide the funds, to further support our operation and settlement of any liabilities as and when they fall due.

Based on the above, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence to the end of the going concern period, which is 31 December 2026. Thus, they continue to adopt the going concern basis in preparing the financial statements. Further details can be found in the material accounting policy information in the financial statements.

Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument. Financial assets are classified into specified categories, depending on the nature and purpose of the financial assets.

Financial assets are initially measured at fair value. Transaction costs that are directly attributable to the acquisition or issue of financial assets (other than financial fair value through profit or loss) are added to or deducted from the fair value of the financial assets, as appropriate, on initial recognition. Transaction costs directly attributable to the acquisition of financial assets at fair value through the profit or loss are recognised immediately in profit or loss.

Financial assets are classified into the following specified categories: financial assets 'at fair value through profit or loss' (FVTPL), 'held-to-maturity' investments, 'available for sale' (AFS) financial assets and 'loans and receivables'. The classification depends on the nature and purpose of the financial assets and is determined at the time of initial recognition. All regular way purchases or sales of financial assets are recognised and derecognised on a trade date basis. Regular way purchases or sales are purchases or sales of financial assets that require delivery of assets within the time frame established by regulation or convention the marketplace.

Loans and receivables

Loans and other receivables are non-derivative financial assets with fixed or determinable payment that are not quoted in an active market. Loans and receivables (including trade and other receivables, bank balances and cash, and others) are measured at amortised cost using the effective interest method less any impairment.

Interest income is recognised by applying the effective interest rate, except for short term

receivables when the effect of discounting is immaterial.

Financial assets, other than those at FVTPL, are assessed for indicators of impairment at the end of each reporting period. Financial assets are considered to be impaired when there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial assets, the estimated future cash flows of the investment have been affected.

For AFS equity investments, a significant or prolonged decline in the fair value of the security

below its costs is considered to be objective evidence of impairment.

For all other financial assets, objective evidence of impairment could include:

- significant financial difficulty of the issuer or counterparty;

- breach of contract, such as default or delinquency in interest or principle payments;

- it becoming probable that the borrower will enter bankruptcy or financial re-organisation; or

- the disappearance of an active market for that financial asset because of financial difficulties.

For certain categories of financial assets, such as trade receivables, assets are assessed for impairment on a collective basis even if they they were assessed not to be impaired individually. Objective evidence of impairment for a portfolio of receivables could include the company's past experience of collecting payments, an increase in the number of delayed payments in the portfolio past the average credit period of 60 days, as well as observable changes in national or local economic conditions that correlate with default on receivables.

For financial assets carried at amortised cost, the amount of the impairment loss recognised is the difference between the asset's carrying amount and the present value of estimated future cash flows, discounted at the financial asset's original effective interest rate.

For financial assets that are carried at cost, the amount of the impairment loss is measured as the difference between the asset's carrying amount and the present value of the estimated future cash flows discounted at the current market rate of return for a similar financial asset. Such impairment loss will not be reversed in subsequent periods.

The carrying amount of the financial asset is reduced by the impairment loss directly for all financial assets with the exception of trade receivables, where the carrying amount is reduced through the use of an allowance account. When a trade receivable is considered uncollectable, it is written off against the allowance account. Changes in the carrying amount of the allowance account are recognised in profit or loss.

For financial assets measured at amortised cost, if, in a subsequent period, the amount of the impairment decreases and the decrease can be related objectively to an event occurring after the impairment was recognised, the previously recognised impairment loss is reversed through profit or loss to the extent that the carrying amount of the investment at the date of impairment is reversed does not exceed what the amortised cost would have been had the impairment not been recognised.

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire, or when it transfers the financial asset and substantially all the risks and rewards of ownership to another entity.

The company recognises financial debt when the company becomes a party to the contractual provisions of the instruments. Financial liabilities are classified as either 'financial liabilities at fair value through profit or loss' or 'other financial liabilities'.

Classification as debt or equity

Debt and equity instrument issued by a group entity are classified as either financial liabilities or as equity in accordance with the substance of the contractual arrangements and the definitions of a financial liability and an equity instrument.

Financial liabilities at amortised cost

Other financial liabilities (including borrowings and trade and other payables) are subsequently measured at amortised cost using the effective interest method.

The effective interest method is a method of calculating the amortised cost of a financial liability and allocating the interest expense over the relevant period. The effective interest rate is the rate that exactly discounts estimated future cash payments (including all fees and points paid or received that form an integral part of the effective interest rate, transaction costs and other premiums or discounts) through the expected life of the financial liability, or (where appropriate) a shorter period, to the net carrying amount on initial recognition.

The company derecognises financial liabilities when, and only when, the company's obligations are discharged, cancelled or have expired. The difference between the carrying amount of the financial liability is derecognised when the consideration is paid or payable is recognised in profit or loss.

An equity instrument is any contract that evidences a residual interest in the assets of an entity after deducting all of its liabilities. Equity instruments issued by a group entity are recognised at the proceeds received, net of direct issue costs.

Repurchase of the company's own equity instruments is recognised and deducted directly in equity. No gain or loss is recognised in profit or loss on the purchase, sale, issue or cancellation of the company's own equity instruments.

Short term and long-term employee benefits

A liability is recognised for benefits accruing to employee in respect of wages and salaries, annual leave and sick leave in the period the related service is rendered at an undiscounted amount of the benefits expected to be paid in exchange for that service. Liabilities in respect of short-term employee benefits are measured at the undiscounted amount of the benefits expected to be paid in exchange for the related service.

The company operates a defined contribution pension scheme. Payments to the defined retirement benefit plans are recognised as an expense when employees have rendered services entitling them to the contributions.

Liabilities recognised in respect of other long-term employee benefit are measured at the present value of the estimated future cash outflows expected to be made by the company in respect of service provided by employees up to the reporting date.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

At the date of authorisation of these financial statements, the following Standards and Interpretations, which have not yet been applied in these financial statements, were in issue but not yet effective (and in some cases had not yet been adopted by the EU):

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The directors do not consider there to be any areas where significant judgement or estimation has been applied in preparing the financial statements.

The average monthly number of persons (including directors) employed by the company during the year was:

Their aggregate remuneration comprised:

The directors receive no remuneration in respect of their services to the company (2023: £Nil).

The loans to related parties are unsecured, non interest bearing and repayable on demand.

All trade and other payables are denominated in GBP. The directors consider the book value of trade and other payables to be equivalent to their fair value due to their short term nature.

Loans from related parties carry no terms of repayment, are not secured and are not subject to interest charges.

The company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the company in an independently administered fund.

Financial instruments

Financial instruments utilised by the company during the year's ended 31 December 2024 and 31 December 2023, together with information regarding the methods and assumptions used to calculate fair values, can be summarised as follows:

Financial assets

The company classifies all financial assets which compromise trade and other receivables and cash and cash equivalents, loans and receivables.

Financial liabilities

The company classifies all financial liabilities, which comprise trade and other payables and borrowings as financial liabilities measured at amortised cost. The table below sets out the company's financial instrument by category:

2024 2023

Carrying amounts of financial assets                  £         £

Financial assets measured at at amortised cost:

Loan to group entities                          668,478 668,478

668,478 668,478

Carrying amounts of financial liabilities

Financial liabilities measured at amortised cost:

Accrual and other payables                      9,500 9,500

Loan from group entities                       717,159 717,159

726,659 726,659

The company's objective when managing capital are to safeguard the company's ability to continue as a going concern in order to provide returns for Shareholders and benefits for other stakeholders.

The directors consider capital to represent the company's share capital and accumulated losses.

The company is not subject to any externally imposed capital requirements.

The company's activities expose it to a variety of financial risks, principally being credit risk and capita risk.

a) Credit risk

Credit risk is managed at a company level for both. Credit risk arises from cash and cash equivalent and deposits with banks and financial institutions, as well as credit exposure to trade and other receivables balances.

The risk associated with banks and financial institutions, is managed by the directors and all banking relationships must be approved by the directors bases on the credit rating if the bank.

The following amounts were outstanding at the reporting end date:

The following amounts were outstanding at the reporting end date:

The company's immediate parent company is BCEGI Holdings (UK) Limited, a company incorporated in England, and a company which is the parent undertaking of the smallest group to consolidate these financial statements.

The company's ultimate parent company is Beijing Construction Engineering Group Co.,Ltd, a company incorporated and registered in the Peoples Republic of China. Beijing Construction Engineering Group Co.,Ltd is the parent company of the largest Group to consolidate these financial statements.

The company's ultimate controlling party is the State-Owned Assets and Administration Commission of the State Council, The People's Republic of China.