REGISTERED NUMBER: 08574661 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 March 2025

for

Bio Dynamic (UK) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Maxwell Bagnall

William Jay Bagnall

Richard David Wilson

Peter David Clarson

REGISTERED OFFICE:

Robin Hood House

Robin Hood Street

Nottingham

NG3 1GF

REGISTERED NUMBER:

08574661 (England and Wales)

ACCOUNTANTS:

KD3 Accountancy Services Ltd

Apex House

7 Park Lane Business Centre

Basford

Nottingham

Nottinghamshire

NG6 0DW

FIXED ASSETS

Tangible assets

4

49,052,468

48,232,611

CURRENT ASSETS

Debtors

5

1,937,063

1,271,730

Cash at bank

581,215

909,501

2,518,278

2,181,231

CREDITORS

Amounts falling due within one year

6

6,639,665

42,576,948

NET CURRENT LIABILITIES

(4,121,387

)

(40,395,717

)

TOTAL ASSETS LESS CURRENT LIABILITIES

44,931,081

7,836,894

CREDITORS

Amounts falling due after more than one year

7

48,798,855

2,772,201

NET (LIABILITIES)/ASSETS

(3,867,774

)

5,064,693

CAPITAL AND RESERVES

Called up share capital

2,000

2,000

Share premium

166,167

166,167

Revaluation reserve

9

33,963,120

35,378,250

Retained earnings

(37,999,061

)

(30,481,724

)

(3,867,774

)

5,064,693

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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.

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 23 December 2025 and were signed on its behalf by:

Maxwell Bagnall - Director

1.	STATUTORY INFORMATION

Bio Dynamic (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 as modified by the revaluation of certain assets.

Turnover

Turnover is recognised to the extent it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised.

Transmission of gas and electricity

- Turnover from a contract to transmit gas and electricity is recognised in the period in which the transmissions are made;

- The transmission of gas and electricity is measured and agreed by the customer, inclusive of subsidies, excluding discounts and value added tax;

- The amount of turnover can be measured reliably;

- It is possible that the company will receive the consideration due under the contract.

Tangible fixed assets

Tangible fixed assets are stated at revalued amount, being fair value at the date of revaluation less subsequent accumulated depreciation and accumulated impairment losses.

Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost or revalued amount of assets, less their estimated residual values, over their expected useful economic lives.

The following useful economic lives are used:

- Plant, machinery & buildings - 4% straight line

- Computer equipment - 25% reducing balance

No depreciation has been charged on freehold land.

Revaluation of Tangible Fixed Assets

The company adopts the revaluation model for plant and machinery. Revaluations are performed with sufficient regularity so that the carrying amount does not differ materially from fair value at the balance sheet date.

Revaluations are conducted by professionally qualified external valuers on the basis of fair value as defined in FRS 102.

- Increases in value are recognised in a revaluation reserve, unless they reverse a revaluation decrease previously recognised in profit or loss.

- Decreases in value are recognised in profit or loss to the extent they exceed any previously recognised surplus relating to the same asset.

Depreciation on revalued assets is charged to profit or loss. The difference between the depreciation on the revalued amount and the depreciation based on historical cost is transferred annually from the revaluation reserve to retained earnings.

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.

Hire purchase and leasing commitments

Hire purchase agreements and finance leases are classified as finance leases when the terms of the agreement transfer substantially all the risks and rewards of ownership to the company.

Assets held under finance leases are recognised as assets of the company and depreciated over their useful lives. The corresponding liabilities are included in creditors and analysed between current and non-current amounts.

Finance charges are allocated to the statement of profit and loss over the term of the agreement so as to produce a constant periodic rate of interest on the remaining balance of the liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant,

Freehold

machinery

Computer

land

& buildings

equipment

Totals

£

£

£

£

COST OR VALUATION

At 31 March 2024

1,232,611

47,000,000

-

48,232,611

Additions

-

3,179,956

1,995

3,181,951

Disposals

-

(445,040

)

-

(445,040

)

At 30 March 2025

1,232,611

49,734,916

1,995

50,969,522

DEPRECIATION

Charge for year

-

1,940,214

416

1,940,630

Eliminated on disposal

-

(23,576

)

-

(23,576

)

At 30 March 2025

-

1,916,638

416

1,917,054

NET BOOK VALUE

At 30 March 2025

1,232,611

47,818,278

1,579

49,052,468

At 30 March 2024

1,232,611

47,000,000

-

48,232,611

Included in cost or valuation of land and buildings is freehold land of £ 1,232,611 (2024 - £ 1,232,611 ) which is not depreciated.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

363,308

560,299

Other debtors

1,573,755

711,431

1,937,063

1,271,730

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 8)

3,710,557

540,897

Hire purchase contracts

483,406

265,141

Trade creditors

1,971,045

2,938,114

Amounts owed to participating interests

-

36,008,140

Other creditors

474,657

2,824,656

6,639,665

42,576,948

Amounts included in trade creditors at 30th March 2024 of £960,000 (£800,000 + VAT) were reversed. These amounts were contingent on a key supplier meeting certain performance criteria. The performance criteria have not been met and whilst the supplier is disputing this position, the Directors assessment is that the likelihood of economic outflow resulting from this is remote.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 8)

138,518

1,349,594

Hire purchase contracts

709,058

634,859

Amounts owed to participating interests

44,699,836

-

Other creditors

3,251,443

787,748

48,798,855

2,772,201

8.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

3,710,557

540,897

Amounts falling due between one and two years:

Bank loans - 1-2 years

138,518

1,140,622

2025

2024

£

£

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

208,972

Loans are secured over the company and its assets.

9.

RESERVES

Revaluation

reserve

£

At 31 March 2024

35,378,250

Transfer

(1,415,130

)

At 30 March 2025

33,963,120

10.	RELATED PARTY DISCLOSURES

2025

2024

Amounts due to related parties

£

£

Entities with control, joint control or significant influence over the company

44,203,374

36,102,820

Entities under common control of one or more directors

128,100

-

Amounts owed to directors and other related parties

3,318,005

2,831,559

Within amounts owed to directors and other related parties is £2,547,188 (2024: 2,547,188) due to Mr WM Bagnall, father of Mr WJ Bagnall and Mr M Bagnall.