REGISTERED NUMBER: 13900959 (England and Wales)

FINANCIAL STATEMENTS

FOR THE PERIOD

1 MARCH 2024 TO 31 OCTOBER 2024

FOR

BRIDGESTONE GROUP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R J Webb

R Calcraft

A J Coombs

REGISTERED OFFICE:

Caerleon House

Mamhilad Park Estate

Pontypool

NP4 0XX

REGISTERED NUMBER:

13900959 (England and Wales)

AUDITORS:

Xeinadin Audit Limited

Beckwith Barn

Warren Estate

Lordship Road

Writtle

Essex

CM1 3WT

FIXED ASSETS

Tangible assets

6

557

702

CURRENT ASSETS

Debtors

7

701,846

12,814

Cash at bank

303,733

927

1,005,579

13,741

CREDITORS

Amounts falling due within one year

8

963,900

11,524

NET CURRENT ASSETS

41,679

2,217

TOTAL ASSETS LESS CURRENT LIABILITIES

42,236

2,919

PROVISIONS FOR LIABILITIES

133

133

NET ASSETS

42,103

2,786

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

41,903

2,586

42,103

2,786

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 29 October 2025 and were signed on its behalf by:

R J Webb - Director

1.	STATUTORY INFORMATION

Bridgestone Group 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

These financial statements are prepared for the 8 month period ended 31 October 2024, rather than a full 12-month period, due to a change in the company’s financial year-end.

The comparative figures presented are for the year ended 29 February 2024. As such, the amounts presented in these financial statements are not entirely comparable with the prior period.

Turnover

Turnover represents amounts derived from the provision of services to customers. Revenue from temporary placements is recognised over the period of the placement. Processing fees are recognised when the relevant service has been provided.

Tangible fixed assets

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

Computer equipment

-

20% on cost

Taxation

Taxation for the period 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2024 - 2 ) .

5.	AUDITORS' REMUNERATION

PERIOD

1/3/24

TO

YEAR ENDED

31/10/24

29/2/24

(Unaudited)

£

£

Fees payable to the company's auditors for the audit of the company's financial statements

8,000

-

6.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 March 2024

and 31 October 2024

1,088

DEPRECIATION

At 1 March 2024

386

Charge for period

145

At 31 October 2024

531

NET BOOK VALUE

At 31 October 2024

557

At 29 February 2024

702

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2024

(Unaudited)

£

£

Trade debtors

496,119

12,814

Other debtors

2,250

-

Directors' current accounts

3,450

-

Prepayments and accrued income

200,027

-

701,846

12,814

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2024

(Unaudited)

£

£

Invoice discounting facility

297,183

-

Trade creditors

2,794

2,238

Amounts owed to group undertakings

64,494

-

Tax

9,312

9,286

Social security and other taxes

29,974

-

Other creditors

257

-

Accruals and deferred income

559,886

-

963,900

11,524

9.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2024

(Unaudited)

£

£

Invoice financing facility

297,183

-

The invoice financing liability is secured by way of an all assets debenture.

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Simon Medcalf FCA (Senior Statutory Auditor)

for and on behalf of Xeinadin Audit Limited

11.	OTHER FINANCIAL COMMITMENTS

The company is party to a grouped invoice financing facility incorporating its fellow subsidiary companies. The group funding limit is £18,000,000 and security has been provided by the various entities in respect of the entire group facility.

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year a loan of £3,450 was made to the director Mr R Webb. This loan is interest free and repayable on demand.

13.	RELATED PARTY DISCLOSURES

At the balance sheet date the following balances existed with other group entities.

£

Amounts due to parent undertaking

15,141

Amounts due to fellow subsidiary undertakings

49,353

The balances arise as a result of funds being transferred between the various group entities.

During the year consultancy services of £20,000 were provided by a company under common control.

14.	ULTIMATE CONTROLLING PARTY

RJW Ventures Ltd is the immediate and ultimate parent undertaking. R J Webb, by virtue of his shareholding in RJW Ventures Limited, is the ultimate controlling party.