BBRC Homes Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 14640420

		31 March 2025		31 March 2024
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	56,076		153,105
Cash at bank and in hand		145,516		158,878

		201,592		311,983
Creditors: Amounts Falling Due Within One Year	5	(31,983 )		(27,910 )

NET CURRENT ASSETS (LIABILITIES)			169,609		284,073

TOTAL ASSETS LESS CURRENT LIABILITIES			169,609		284,073

Creditors: Amounts Falling Due After More Than One Year	6		(350,000 )		-

NET (LIABILITIES)/ASSETS			(180,391 )		284,073

CAPITAL AND RESERVES
Called up share capital	7		10		10
Share premium account			499,998		499,998
Profit and Loss Account			(680,399 )		(215,935 )

SHAREHOLDERS' FUNDS			(180,391)		284,073

Page 1

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BBRC Homes Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 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

Edward Rowberry

Director

30/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

BBRC Homes Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14640420 . The registered office is Desklodge House, 2 Redcliffe Way, Bristol, BS1 6NL.

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. Going Concern Disclosure

After careful review of the company’s financial forecasts and giving due consideration to the working capital available to the company, the directors have a reasonable expectation that the company has adequate resources to continue in operation for at least twelve months from the date of approval of the financial statements and have therefore adopted the going concern basis in preparation of the financial statements.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Debtors

	31 March 2025	31 March 2024
	£	£
Due within one year
Prepayments and accrued income	1,982	-
Non-trade debtors	-	3,237
Amounts owed by group undertakings	54,094	149,868

	56,076	153,105

5. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 March 2024
	£	£
Trade creditors	16,051	10,338
Other creditors	9,428	1,500
Accruals	6,504	16,072

	31,983	27,910

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BBRC Homes Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Creditors: Amounts Falling Due After More Than One Year

	31 March 2025	31 March 2024
	£	£
Other loans	350,000	-

Better Society Capital Limited (07599565) commited to subscribe £350,000 of loan notes by December 2024. The loan notes are at 0% interest and are repayable by 31 December 2040.

7. Share Capital

	31 March 2025	31 March 2024
	£	£
Allotted, Called up and fully paid	10	10

8. Related Party Transactions

Controlling party:

The company was under the control of and 80% owned by Bristol & Bath Regional Capital CIC (09672937). The investment from the parent company represents the 800 class B ordinary £0.01 shares.

The company was 20% owned and had significant influence by Better Society Capital Limited (07599565). Better Society Captial Limited holds 200 class A ordinary £0.01 shares.

The company was under the control of the directors throughout the period.

Transactions with related parties:

During the period BBRC Homes Limited was charged £166,243 (2024: £34,036) for management fees by Bristol & Bath Regional Capital CIC.

As at 31 March 2025 BBRC Homes Limited was owed £54,094 (2024: £149,868) by Bristol & Bath Regional Capital CIC.

As at 31 March 2025 BBRC Homes Limited trade debtors included £nil (2024: £3,237) owed by Bristol & Bath Regional Capital CIC.

As at 31 March 2025 BBRC Homes Limited trade creditors included £nil (2024: £4,861) owed to Bristol & Bath Regional Capital CIC.

As at 31 March BBRC Homes Limited other loans included £350,000 (2024: £nil) owed to Better Society Capital Limited.

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