Bridgwater Grain Co.Ltd. 00618060 true 2024-07-01 2025-06-30 2025-06-30 The principal activity of the company is Dormant Digita Accounts Production Advanced 6.30.9574.0 true Mr B T Bowering 00618060 2024-07-01 2025-06-30 00618060 2025-06-30 00618060 core:RetainedEarningsAccumulatedLosses 2025-06-30 00618060 core:RevaluationReserve 2025-06-30 00618060 core:ShareCapital 2025-06-30 00618060 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-30 00618060 core:LandBuildings core:OwnedOrFreeholdAssets 2025-06-30 00618060 bus:FRS102 2024-07-01 2025-06-30 00618060 bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 00618060 bus:FullAccounts 2024-07-01 2025-06-30 00618060 bus:RegisteredOffice 2024-07-01 2025-06-30 00618060 bus:CompanySecretaryDirector1 2024-07-01 2025-06-30 00618060 bus:EntityNoLongerTradingButTradedInPast 2024-07-01 2025-06-30 00618060 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 00618060 core:RetainedEarningsAccumulatedLosses 2024-07-01 2025-06-30 00618060 core:LandBuildings 2024-07-01 2025-06-30 00618060 countries:EnglandWales 2024-07-01 2025-06-30 00618060 2024-06-30 00618060 core:LandBuildings core:OwnedOrFreeholdAssets 2024-06-30 00618060 2024-06-30 00618060 core:RetainedEarningsAccumulatedLosses 2024-06-30 00618060 core:RevaluationReserve 2024-06-30 00618060 core:ShareCapital 2024-06-30 00618060 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 00618060 core:LandBuildings core:OwnedOrFreeholdAssets 2024-06-30 iso4217:GBP

Registration number: 00618060

Bridgwater Grain Co.Ltd.
Unaudited Filleted Financial Statements
for the Year Ended 30 June 2025

Bridgwater Grain Co.Ltd.

(Registration number: 00618060)
Statement of Financial Position as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 3 | 90,000 | 90,000
Creditors: Amounts falling due within one year | 4 | (2) | (2)
Net assets |  | 89,998 | 89,998
Capital and reserves |  |  |
Called up share capital |  | 10,500 | 10,500
Revaluation reserve | 5 | 90,000 | 90,000
Profit and loss account | 5 | (10,502) | (10,502)
Shareholders' funds |  | 89,998 | 89,998

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the director on 6 March 2026

Mr B T Bowering Company secretary and director

Bridgwater Grain Co.Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7 Castle Street
Bridgwater
Somerset
TA6 3DD

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling which is the functional currency of the entity.

Dormant status
The company was dormant in the period (under the meaning of Section 480 of the Companies Act 2006). The company has chosen to retain its existing accounting policies at the date of transition, for assets, liabilities and equity. This will remain in place until there is any change to these balances or the company undertakes any new transactions and ceases to be dormant.

Bridgwater Grain Co.Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

2 | Accounting policies (continued)

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.
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
The property was revalued by the Director in February 1996. The value of the property remains uncertain and is not being amended whilst the company remains dormant.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Freehold property | nil

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Bridgwater Grain Co.Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

3 | Tangible assets

| Land and buildings £ | Total £
Cost or valuation
At 1 July 2024 | 100,000 | 100,000
At 30 June 2025 | 100,000 | 100,000
Depreciation
At 1 July 2024 | 10,000 | 10,000
At 30 June 2025 | 10,000 | 10,000
Carrying amount
At 30 June 2025 | 90,000 | 90,000
At 30 June 2024 | 90,000 | 90,000

Included within the net book value of land and buildings above is £90,000 (2024 - £90,000) in respect of freehold land and buildings.

4 | Creditors

| 2025 £ | 2024 £
Due within one year |  |
Accruals | 2 | 2

5 | Reserves

Profit and loss account

This reserve records retained earnings and accumulated losses.