Bramhall Commercial 2 Limited

Bramhall Commercial 2 Limited
Contents Page
For the year ended 31 March 2025

Company information	1
Directors' report	2
Accountants' report	3
Balance sheet	4
Notes to the financial statements	5

Bramhall Commercial 2 Limited
Company Information
For the year ended 31 March 2025

Directors	Georgina Basso Jonathan Basso Anthony Kirkham
Registered Number	14708478
Registered Office	Flynn House 32 Woodford Road Bramhall Cheshire SK7 1PA
Accountants	OMB Tax Limited Unit 10, Clayfield Mews Newcomen Road Tunbridge Wells TN4 9PA

1

Bramhall Commercial 2 Limited
Directors' Report
For the year ended 31 March 2025

Director's report and financial statements

The directors present their annual report and the financial statements for the year ended 31 March 2025.

Principal activities

The principal activity of the Company during the financial year was short-term bridging finance.

Directors

The directors who served throughout the year were as follows:

Georgina Basso

Jonathan Basso

Anthony Kirkham

Statement of directors' responsibilities

The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and the profit or loss of the Company for that period.

In preparing these financial statements, the directors are required to:

- Select suitable accounting policies and then apply them consistently;
- Make judgements and accounting estimates that are reasonable and prudent;
- State whether applicable UK Accounting Standards have been followed (subject to any material departures disclosed); and
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume continuation.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The directors are responsible for the maintenance and integrity of the corporate and financial information included on the Company's website.

Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions.

This report was approved by the board and signed on its behalf by:

----------------------------------
Anthony Kirkham
Director

Date approved: 16 October 2025

2

Bramhall Commercial 2 Limited Accountants' Report For the year ended 31 March 2025
You consider that the Company is exempt from an audit for the year ended 31 March 2025. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the Company at the end of the financial year and of its profit or loss for the financial period. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, and the related notes from the accounting records of the Company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently, we do not express any opinion on these accounts. .................................................... OMB Tax Limited Unit 10, Clayfield Mews Newcomen Road Tunbridge Wells TN4 9PA 16 October 2025 3

Bramhall Commercial 2 Limited
Accountants' Report
For the year ended 31 March 2025

You consider that the Company is exempt from an audit for the year ended 31 March 2025.

You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the Company at the end of the financial year and of its profit or loss for the financial period. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, and the related notes from the accounting records of the Company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently, we do not express any opinion on these accounts.

....................................................

OMB Tax Limited
Unit 10, Clayfield Mews
Newcomen Road
Tunbridge Wells
TN4 9PA
16 October 2025

3

Registered Number: 14708478 Bramhall Commercial 2 Limited
Balance Sheet
As at 31 March 2025

	Notes	2025 £	2024 £
Current assets
Debtors	3	3,473,285	2,002,185
Cash at bank and in hand		11,952	15,205
		3,485,237	2,017,390
Creditors: amounts falling due within one year	4	(3,485,145)	(2,020,906)
Net current assets		92	(3,516)

Total assets less current liabilities		92	(3,516)
Net assets		92	(3,516)

Capital and reserves
Called up share capital	5	3	3
Profit and loss account		89	(3,519)
Shareholders' funds		92	(3,516)

For the year ended 31 March 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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006, the profit and loss account has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 16 October 2025 and were signed on its behalf by:

-------------------------------
Anthony Kirkham
Director

4

Bramhall Commercial 2 Limited
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

Bramhall Commercial 2 Limited is a private company, limited by shares, registered in England and Wales, number 14708478, at Flynn House, 32 Woodford Road, Bramhall, Cheshire, SK7 1PA.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 (under Part 1A), the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006.

Basis of preparation

The financial statements are presented in £ Sterling (which is the operational currency of the Company), on the going concern basis under the historical cost convention in accordance with the accounting policies.

Turnover

Turnover comprises the contractual sums due to the Company pursuant to loan agreements entered into with its customers.

Taxation

Taxation represents the sum of tax currently payable, recognised in the profit and loss account. No provision is made for deferred tax. The Company's liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Tax assets and liabilities are not discounted.

2.	Average number of employees Average number of employees during the year was 3 (2024 : 3).

3.

Debtors: amounts falling due within one year

	2025 £	2024 £
Accrued Interest Receivable	10,560	6,455
Bridging Loans Advanced	3,462,725	1,995,730
	3,473,285	2,002,185

4.

Creditors: amounts falling due within one year

	2025 £	2024 £
Corporation Tax	76	-
Accrued Expenses	4,001	3,500
Georgina Basso Short-Term Financing	100,000	-
Jonathan Basso Short-Term Financing	3,381,068	2,017,406
	3,485,145	2,020,906

5.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
3 Ordinary shares of £1.00 each	3		3
	3		3

6.

Related parties

During the year the company entered into the following transactions with related parties:

	Transaction value - income/(expenses)		Balance owed by/(owed to)
	2025 £	2024 £	2025 £	2024 £
Jonathan Basso	(146,790)	(92,807)	(3,381,068)	(2,017,406)
Anthony Kirkham	(21,000)	(55,693)	-	-
Georgina Basso	(1,951)	-	(100,000)	-

Mr Jonathan Basso is the principal lender to the Company on full commercial terms.
Mr Anthony Kirkham charged and received management and consultancy fees via a company under his control.
Mrs Georgina Basso is a secondary lender to the Company on full commercial terms.

5

Registered Number: 14708478
England and Wales
BRAMHALL COMMERCIAL 2 LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 April 2024 End date: 31 March 2025