IRIS Accounts Production v25.3.0.601 04130230 Board of Directors 1.4.24 31.3.25 31.3.25 0 0 true false true false false false true false Ordinary 0.0100 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 04130230 2024-03-31 04130230 2025-03-31 04130230 2024-04-01 2025-03-31 04130230 2023-03-31 04130230 2023-04-01 2024-03-31 04130230 2024-03-31 04130230 ns15:EnglandWales 2024-04-01 2025-03-31 04130230 ns14:PoundSterling 2024-04-01 2025-03-31 04130230 ns10:Director1 2024-04-01 2025-03-31 04130230 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04130230 ns10:SmallEntities 2024-04-01 2025-03-31 04130230 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 04130230 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 04130230 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04130230 ns10:FullAccounts 2024-04-01 2025-03-31 04130230 1 2024-04-01 2025-03-31 04130230 ns10:OrdinaryShareClass1 2024-04-01 2025-03-31 04130230 ns10:Director2 2024-04-01 2025-03-31 04130230 ns10:Director3 2024-04-01 2025-03-31 04130230 ns10:Director4 2024-04-01 2025-03-31 04130230 ns10:RegisteredOffice 2024-04-01 2025-03-31 04130230 ns5:CurrentFinancialInstruments 2025-03-31 04130230 ns5:CurrentFinancialInstruments 2024-03-31 04130230 ns5:ShareCapital 2025-03-31 04130230 ns5:ShareCapital 2024-03-31 04130230 ns5:CapitalRedemptionReserve 2025-03-31 04130230 ns5:CapitalRedemptionReserve 2024-03-31 04130230 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 04130230 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 04130230 ns5:IntangibleAssetsOtherThanGoodwill 2024-04-01 2025-03-31 04130230 ns5:PlantMachinery 2024-04-01 2025-03-31 04130230 ns5:NetGoodwill 2024-03-31 04130230 ns5:NetGoodwill 2025-03-31 04130230 ns5:NetGoodwill 2024-03-31 04130230 ns5:PlantMachinery 2024-03-31 04130230 ns5:PlantMachinery 2025-03-31 04130230 ns5:PlantMachinery 2024-03-31 04130230 ns5:CostValuation 2024-03-31 04130230 ns5:AdditionsToInvestments 2025-03-31 04130230 ns5:CostValuation 2025-03-31 04130230 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 04130230 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 04130230 ns10:OrdinaryShareClass1 2025-03-31 04130230 ns10:Director1 1 2024-03-31 04130230 ns10:Director1 1 2023-03-31 04130230 ns10:Director1 1 2024-04-01 2025-03-31 04130230 ns10:Director1 1 2023-04-01 2024-03-31 04130230 ns10:Director1 1 2025-03-31 04130230 ns10:Director1 1 2024-03-31 04130230 2 ns10:Director2 2024-03-31 04130230 2 ns10:Director2 2023-03-31 04130230 2 ns10:Director2 2024-04-01 2025-03-31 04130230 2 ns10:Director2 2023-04-01 2024-03-31 04130230 2 ns10:Director2 2025-03-31 04130230 2 ns10:Director2 2024-03-31 04130230 ns10:Director3 3 2024-03-31 04130230 ns10:Director3 3 2023-03-31 04130230 ns10:Director3 3 2024-04-01 2025-03-31 04130230 ns10:Director3 3 2023-04-01 2024-03-31 04130230 ns10:Director3 3 2025-03-31 04130230 ns10:Director3 3 2024-03-31 04130230 ns10:Director4 4 2024-03-31 04130230 ns10:Director4 4 2023-03-31 04130230 ns10:Director4 4 2024-04-01 2025-03-31 04130230 ns10:Director4 4 2023-04-01 2024-03-31 04130230 ns10:Director4 4 2025-03-31 04130230 ns10:Director4 4 2024-03-31

REGISTERED NUMBER: 04130230 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

BRI (UK) Limited

BRI (UK) Limited (Registered number: 04130230)

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

BRI (UK) Limited

Company Information

for the Year Ended 31 March 2025

| DIRECTORS: | Mrs L Auburn

| T Guthrie

| J Rimmer

| J W Warburton

| REGISTERED OFFICE: | 100-102 St James Road

| Northampton

| Northamptonshire

| NN5 5LF

| REGISTERED NUMBER: | 04130230 (England and Wales)

| ACCOUNTANTS: | Willsons

| Chartered Accountants

| Carlton House

| High Street

| Higham Ferrers

| Northamptonshire

| NN10 8BW

BRI (UK) Limited (Registered number: 04130230)

Balance Sheet

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 5,122 |  | 10,245 |  |

Investments | 6 | 8 |  | 6 |  |

5,130 |  | 10,251 |  |

CURRENT ASSETS

Debtors | 7 | 1,047,778 |  | 995,566 |  |

Cash at bank | 340,420 |  | 312,646 |  |

1,388,198 |  | 1,308,212 |  |

CREDITORS

Amounts falling due within one year | 8 | 48,239 |  | 50,600 |  |

NET CURRENT ASSETS | 1,339,959 |  | 1,257,612 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,345,089 |  | 1,267,863 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 154 |  | 154 |  |

Capital redemption reserve | 70 |  | 70 |  |

Retained earnings | 1,344,865 |  | 1,267,639 |  |

SHAREHOLDERS' FUNDS | 1,345,089 |  | 1,267,863 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

BRI (UK) Limited (Registered number: 04130230)

Balance Sheet - continued

31 March 2025

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 October 2025 and were signed on its behalf by:

J W Warburton - Director

BRI (UK) Limited (Registered number: 04130230)

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| BRI (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Preparation of consolidated financial statements

| The financial statements contain information about BRI (UK) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

| Turnover

| Turnover represents the management charges payable by the subsidiary companies for the period.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Computer hardware | - | 33% on cost

| Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| 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.

BRI (UK) Limited (Registered number: 04130230)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| Goodwill

| Acquired goodwill has been written off in equal instalments over its estimated useful economic life of 10 years. This goodwill was fully written by 31 March 2012.

| Debtors and creditors receivable / payable within one year

| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2024 - NIL).

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 477,725 |  |

| AMORTISATION

| At 1 April 2024

| and 31 March 2025 | 477,725 |  |

| NET BOOK VALUE

| At 31 March 2025 | - |  |

| At 31 March 2024 | - |  |

5. | TANGIBLE FIXED ASSETS

| Computer

| hardware

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 15,368 |  |

| DEPRECIATION

| At 1 April 2024 | 5,123 |  |

| Charge for year | 5,123 |  |

| At 31 March 2025 | 10,246 |  |

| NET BOOK VALUE

| At 31 March 2025 | 5,122 |  |

| At 31 March 2024 | 10,245 |  |

BRI (UK) Limited (Registered number: 04130230)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

6. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| At 1 April 2024 | 6 |  |

| Additions | 2 |  |

| At 31 March 2025 | 8 |  |

| NET BOOK VALUE

| At 31 March 2025 | 8 |  |

| At 31 March 2024 | 6 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Amounts owed by group undertakings | 1,007,723 |  | 965,908 |  |

| Other debtors | 5,174 |  | 4,514 |  |

| Corporation Tax | 15,650 |  | - |  |

| Directors' loan accounts | 8,550 |  | 13,544 |  |

| VAT | 10,681 |  | 11,600 |  |

1,047,778 |  | 995,566 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade creditors | (148 | ) | (281 | ) |

| Amounts owed to group undertakings | 2 |  | - |  |

| Corporation Tax | - |  | 10,977 |  |

| Social security and other taxes | 43,064 |  | 35,262 |  |

| Pension liability | 5,321 |  | 4,642 |  |

48,239 |  | 50,600 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.3.25 |  | 31.3.24

| value: | £ | £ |

| 153,845 | Ordinary | £0.00 | 1 | 154 |  | 154 |  |

BRI (UK) Limited (Registered number: 04130230)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

| 31.3.25 |  | 31.3.24

£ | £ |

| J W Warburton

| Balance outstanding at start of year | 168 |  | - |  |

| Amounts advanced | 2,120 |  | 168 |  |

| Amounts repaid | (1,400 | ) | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 888 |  | 168 |  |

| Mrs L Auburn

| Balance outstanding at start of year | 6,590 |  | 10,640 |  |

| Amounts repaid | (2,857 | ) | (4,050 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 3,733 |  | 6,590 |  |

| T Guthrie

| Balance outstanding at start of year | 6,786 |  | 10,836 |  |

| Amounts repaid | (2,857 | ) | (4,050 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 3,929 |  | 6,786 |  |

| J Rimmer

| Balance outstanding at start of year | - |  | 7,370 |  |

| Amounts repaid | - |  | (7,370 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | - |  |

11. | RELATED PARTY DISCLOSURES

| The Company has an associated Employee Ownership Trust. During the year, the company contributed £220,000 to the Employee Ownership Trust in order to finance payments due under the terms of the Trust's creation.