B & G Associates (Southampton) Limited

B & G Associates (Southampton) Limited
Contents Page
For the year ended 31 March 2026

Accountants' Report	1
Statement of Financial Position	2
Notes to the Financial Statements	3

B & G Associates (Southampton) Limited Accountants' Report For the year ended 31 March 2026
Accountants report You consider that the company is exempt from an audit for the year ended 31 March 2026 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. .................................................... Bevis & Co 38 College Road Epsom KT17 4HJ 05 June 2026 1

B & G Associates (Southampton) Limited
Accountants' Report
For the year ended 31 March 2026

Accountants report
You consider that the company is exempt from an audit for the year ended 31 March 2026 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

....................................................
Bevis & Co
38 College Road
Epsom
KT17 4HJ
05 June 2026

1

B & G Associates (Southampton) Limited
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	547	8,746
Investments	4	2,300,691	2,043,900
		2,301,238	2,052,646
Current assets
Cash at bank and in hand		632,812	728,060
Creditors: amount falling due within one year		(70,544)	(202,805)
Net current assets		562,268	525,255

Total assets less current liabilities		2,863,506	2,577,901
Provisions for liabilities		(312,656)	(237,656)
Net assets		2,550,850	2,340,245

Capital and reserves
Called up share capital		4,000	4,000
Fair Value Reserves	5	157,467	157,467
Profit and loss account		2,389,383	2,178,778
Shareholders' funds		2,550,850	2,340,245

For the year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

Directors' 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.
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.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 05 June 2026 and were signed on its behalf by:

-------------------------------
Panos Simou
Director

2

B & G Associates (Southampton) Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2026

General Information

B & G Associates (Southampton) Limited is a private company, limited by shares, registered in England and Wales, registration number 02975200, registration address B & G Associates Southampton, Limited 8 Fern Way Titchfield Park, Fareham, PO15 5RP. The presentation currency is £ sterling.

1.

Accounting policies

Significant 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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery etc - 25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	25% Reducing Balance
Motor Vehicles	25% Reducing Balance
Fixtures and Fittings	25% Reducing Balance

Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 1 (2025 : 1).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Total
	£	£	£	£
At 01 April 2025	-	3,600	8,019	11,619
Additions	16,232	-	-	16,232
Disposals	(16,232)	(3,600)	-	(19,832)
At 31 March 2026	-	-	8,019	8,019
Depreciation
At 01 April 2025	-	-	-	-
Charge for year	5,781	3,396	7,472	16,649
On disposals	(5,781)	(3,396)	-	(9,177)
At 31 March 2026	-	-	7,472	7,472
Net book values
Closing balance as at 31 March 2026	-	-	547	547
Opening balance as at 01 April 2025	7,745	272	729	8,746

4.

Investments

Cost	Other investments other than loans	Total
	£	£
At 01 April 2025	2,074,383	2,074,383
Additions	256,791	256,791
Disposals	-	-
Revaluations	(30,483)	(30,483)
At 31 March 2026	2,300,691	2,300,691

3

Registered Number: 02975200
England and Wales
B & G ASSOCIATES (SOUTHAMPTON) LIMITED

Abridged Accounts

Period of accounts Start date: 01 April 2025 End date: 31 March 2026