BNRV Limited - Filleted accounts

Registered number

09614167

BNRV Limited

Unaudited Filleted Accounts

31 March 2025

BNRV Limited
Registered number:		09614167
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		401,586			408,223

Current assets
Debtors	5	27,941			18,226
Cash at bank and in hand		93,539			165,647
		121,480			183,873

Creditors: amounts falling due within one year	6	(101,882)			(121,241)

Net current assets			19,598			62,632

Total assets less current liabilities			421,184			470,855

Creditors: amounts falling due after more than one year	7		(5,000)			(15,000)

Provisions for liabilities			(9,101)			(8,732)


Net assets			407,083			447,123

Capital and reserves
Called up share capital			100			100
Profit and loss account			406,983			447,023

Shareholders' funds			407,083			447,123

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr J Robinson
Director
Approved and authorised for issue by the board on 22 December 2025

BNRV Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	2% Straight line
	Plant and machinery	15% Reducing balance
	Fixtures, fittings, tools and equipment	33.33% Straight line

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			13		13


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 April 2024					326,998
	At 31 March 2025					326,998

	Amortisation
	At 1 April 2024					326,998
	At 31 March 2025					326,998

	Net book value
	At 31 March 2025					-



4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 April 2024	429,041		88,388		517,429
	Additions	-		12,072		12,072
	At 31 March 2025	429,041		100,460		529,501

	Depreciation
	At 1 April 2024	66,774		42,432		109,206
	Charge for the year	8,581		10,128		18,709
	At 31 March 2025	75,355		52,560		127,915

	Net book value
	At 31 March 2025	353,686		47,900		401,586
	At 31 March 2024	362,267		45,956		408,223


5	Debtors			2025		2024
£					£

	Trade debtors			17,368		7,239
	Amounts owed by group undertakings and undertakings in which the company has a participating interest			-		4,917
	Other debtors			10,573		6,070
				27,941		18,226


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			10,000		10,498
	Trade creditors			19,287		60,775
	Amounts owed to group undertakings and undertakings in which the company has a participating interest			43,858		-
	Taxation and social security costs			4,740		1,954
	Other creditors			23,997		48,014
				101,882		121,241


7	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			5,000		15,000


8	Controlling party

	There is no ultimate controlling party


9	Other information

	BNRV Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Lindum
	264-266 Durham Road
	Gateshead
	Tyne and Wear
	NE8 4JR