Registration number: 14005707

BK Grain Group Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 6

BK Grain Group Limited

(Registration number: 14005707)
Balance Sheet as at 28 February 2025

	Note	2025 £	2024 £
Fixed assets
Negative goodwill	4	(262,608)	(350,144)
Investment property	5	2,251,695	-
Investments	6	437,681	437,681
		2,689,376	437,681
Current assets
Debtors	7	114,474	-
Creditors: Amounts falling due within one year	8	(1,949,995)	(87,527)
Net current liabilities		(1,835,521)	(87,527)
Total assets less current liabilities		591,247	10
Provisions for liabilities		(448,393)	-
Net assets		142,854	10
Capital and reserves
Called up share capital		10	10
Retained earnings		142,844	-
Shareholders' funds		142,854	10

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 10 October 2025 and signed on its behalf by:
 

......................................... W A Bird Director

BK Grain Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Littlecote Road
Froxfield
Nr Marlborough
Wiltshire
SN8 3JY

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Group accounts not prepared

The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

Going concern

The directors believe the company has adequate resources to continue in operational existence such that they believe the continued use of the going concern basis to be appropriate.

The company had net current liabilities at the balance sheet date. BK Grain Group Limited has the support of Enidvale Holdings Limited and within current liabilities is a balance of £1,854,716 which is due to Enidvale Holdings Limited. This balance would not be called in if it would compromise the company's going concern status.

Tax

The tax expense for the period comprises current tax payable.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

BK Grain Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Negative goodwill

Negative goodwill arising on an acquisition is recognised on the face of the balance sheet on the acquisition date and subsequently the excess up to the fair value of non-monetary assets acquired is recognised in profit or loss in the periods in which the non-monetary assets are recovered.

Amortisation

Asset class	Amortisation method and rate
Negative goodwill	20% straight line basis

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

BK Grain Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

4	Intangible assets

Negative goodwill	2025 £
At 1 March 2024	(350,144)
Amortisation charge for the year	87,536
At 28 February 2025	(262,608)

5	Investment properties

	2025 £
Additions	2,251,695
At 28 February	2,251,695

The directors assessed the fair value of the investment property at 28 February 2025.

There has been no valuation of investment property by an independent valuer.

6	Investments

	2025 £	2024 £
Investments in subsidiaries	437,681	437,681