REGISTERED NUMBER: 12280767 (England and Wales)

Financial Statements

for the Period

1 April 2024 to 5 April 2025

for

BHA 2 Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mr F Sidoli

Mrs L C Sidoli

Mr M K Rodwell

REGISTERED OFFICE:

c/o Parker Cavendish, Suite 301

Stanmore Business and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

REGISTERED NUMBER:

12280767 (England and Wales)

ACCOUNTANTS:

Parker Cavendish

Chartered Accountants

Suite 301, Stanmore Business

and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

FIXED ASSETS

Investments

4

36,521,309

31,215,617

CURRENT ASSETS

Debtors

5

295,774

48,658

Cash at bank

104,710

293,502

400,484

342,160

CREDITORS

Amounts falling due within one year

6

(27,752,177

)

(25,356,527

)

NET CURRENT LIABILITIES

(27,351,693

)

(25,014,367

)

TOTAL ASSETS LESS CURRENT LIABILITIES

9,169,616

6,201,250

PROVISIONS FOR LIABILITIES

(1,003,327

)

(685,098

)

NET ASSETS

8,166,289

5,516,152

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

7

3,009,983

2,139,801

Retained earnings

7

5,156,206

3,376,251

SHAREHOLDERS' FUNDS

8,166,289

5,516,152

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 5 April 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.

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 17 December 2025 and were signed on its behalf by:

Mr M K Rodwell - Director

1.	STATUTORY INFORMATION

BHA 2 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.	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 as modified by the revaluation of certain assets.

Related party exemption

The company has taken advantage of exemption in Financial Reporting Standard 102 not to disclose related party transactions with wholly owned entities within the group.

Turnover

Turnover represents dividends and income arising from investments.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Fixed assets investments

Listed investments are initially recognised at cost and at each financial year end are measured at fair value with changes in fair value being recognised in the income statement.

Going concern

There is a net current liability position. The liabilities include £26,875,795 owed to group companies. The company is operating profitably and therefore the going concern basis has been adopted.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Listed

investments

£

COST OR VALUATION

At 1 April 2024

31,215,617

Additions

4,810,869

Disposals

(846,460

)

Revaluations

1,341,283

At 5 April 2025

36,521,309

NET BOOK VALUE

At 5 April 2025

36,521,309

At 31 March 2024

31,215,617

Cost or valuation at 5 April 2025 is represented by:

Listed

investments

£

Valuation in 2025

4,013,310

Cost

32,507,999

36,521,309

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

3,583

47,787

Prepayments & accrued income

292,191

871

295,774

48,658

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

795,596

-

Other loans

-

3,150,000

Amounts owed to group undertakings

26,875,795

22,156,779

Tax

62,281

-

Accruals & deferred income

18,505

49,748

27,752,177

25,356,527

7.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 April 2024

3,376,251

2,139,801

5,516,052

Profit for the period

2,650,137

2,650,137

Fair value transfers

(870,182

)

870,182

-

At 5 April 2025

5,156,206

3,009,983

8,166,189

The fair value reserve is stated net of the deferred tax provision.