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COMPANY REGISTRATION NUMBER: 03852280

Business & Personal Investment Limited

Filleted Unaudited Financial Statements

31 October 2025

Business & Personal Investment Limited

Balance Sheet

31 October 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 6 |  | 19,100 | 13,667

Current assets

Debtors | 7 | 495,034 |  | 486,299
Cash at bank and in hand | 92,892 |  | 44,073
| --------- |  | ---------
| 587,926 |  | 530,372

Creditors: amounts falling due within one year | 8 | 191,946 |  | 166,884
| --------- |  | ---------
Net current assets |  | 395,980 | 363,488
|  | --------- | ---------
Total assets less current liabilities |  | 415,080 | 377,155

Creditors: amounts falling due after more than one year | 9 |  | 18,687 | 50,617
|  | --------- | ---------
Net assets |  | 396,393 | 326,538
|  | --------- | ---------

Capital and reserves

Called up share capital |  | 1,050 | 1,050
Capital redemption reserve |  | 50 | 50
Profit and loss account |  | 395,293 | 325,438
|  | --------- | ---------
Shareholders funds |  | 396,393 | 326,538
|  | --------- | ---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income (including profit and loss account) has not been delivered.
For the year ending 31 October 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 financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Business & Personal Investment Limited

Balance Sheet (continued)

31 October 2025
These financial statements were approved by the board of directors and authorised for issue on 23 December 2025 , and are signed on behalf of the board by:
Mr P J Fulcher Director
Company registration number: 03852280

Business & Personal Investment Limited

Notes to the Financial Statements

Year ended 31 October 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is BPI House, Bourne End Business Park, Cores End Road, Bourne End, Buckinghamshire, SL8 5AS.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. There are no significant judgements, estimates or assumptions.
Revenue recognition
The turnover shown in the profit and loss account represents commission and fees receivable in respect of business written during the year.
Income tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

| Goodwill | - | 10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Fixtures & fittings | - | 25% reducing balance
| Office equipment | - | 25% reducing balance

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 9 (2024: 9 ).
5. Intangible assets

| Goodwill
| £
Cost |
At 1 November 2024 and 31 October 2025 | 156,327
| ---------
Amortisation |
At 1 November 2024 and 31 October 2025 | 156,327
| ---------
Carrying amount |
At 31 October 2025 | –
| ---------
At 31 October 2024 | –
| ---------

6. Tangible assets

| Fixtures and fittings | Equipment | Total
| £ | £ | £
Cost |  |  |
At 1 November 2024 | 6,172 | 81,903 | 88,075
Additions | – | 9,586 | 9,586
| ------- | -------- | --------
At 31 October 2025 | 6,172 | 91,489 | 97,661
| ------- | -------- | --------
Depreciation |  |  |
At 1 November 2024 | 5,726 | 68,682 | 74,408
Charge for the year | 56 | 4,097 | 4,153
| ------- | -------- | --------
At 31 October 2025 | 5,782 | 72,779 | 78,561
| ------- | -------- | --------
Carrying amount |  |  |
At 31 October 2025 | 390 | 18,710 | 19,100
| ------- | -------- | --------
At 31 October 2024 | 446 | 13,221 | 13,667
| ------- | -------- | --------

7. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 38,012 | 49,039
Other debtors | 457,022 | 437,260
| --------- | ---------
| 495,034 | 486,299
| --------- | ---------

Amounts owed by related parties £400,000 is repayable on demand but the directors do not expect to request payment until after 31 October 2026 .
8. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 31,014 | 32,602
Corporation tax | 156,684 | 127,415
Social security and other taxes | 3,648 | 6,267
Other creditors | 600 | 600
| --------- | ---------
| 191,946 | 166,884
| --------- | ---------

9. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 18,687 | 41,884
Other creditors | – | 8,733
| -------- | --------
| 18,687 | 50,617
| -------- | --------

10. Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:

| 2025 | 2024
| £ | £
Not later than 1 year | 49,200 | 49,200
Later than 1 year and not later than 5 years | 65,600 | 114,800
| --------- | ---------
| 114,800 | 164,000
| --------- | ---------

11. Directors' advances, credits and guarantees
During the year, further amounts were advanced to the director and repaid, with the highest outstanding balance £45,555 in March 2025. At 31 October 2025, £26,421 (2024 £6172) was owed by the director and will be repaid before 31 July 2026.
12. Related party transactions
At 31 October 2025 £400,000 (2024 £400,000) is owed by Jasp South Ltd and is secured by a second charge. Interest at 1.75% pa was payable on the loans .
13. Reserves
The only movements in equity during the year were in respect of the profit for the year and dividends paid. All of the profit and loss account is distributable.