Company registration number 07523035 (England and Wales)
BARRIE PALLEN ASSOCIATES (UK) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
BARRIE PALLEN ASSOCIATES (UK) LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
BARRIE PALLEN ASSOCIATES (UK) LIMITED
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Intangible assets
3
1,500
78,000
Tangible assets
4
12,970
17,485
Investments
5
3
3
14,473
95,488
Current assets
Debtors
6
42,262
34,352
Cash at bank and in hand
3,023,277
2,828,405
3,065,539
2,862,757
Creditors: amounts falling due within one year
7
(163,270)
(158,900)
Net current assets
2,902,269
2,703,857
Net assets
2,916,742
2,799,345
Capital and reserves
Called up share capital
8
120
100
Profit and loss reserves
2,916,622
2,799,245
Total equity
2,916,742
2,799,345

For the financial 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.

T he 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 Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 26 June 2026 and are signed on its behalf by:
B Pallen
Director
Company registration number 07523035 (England and Wales)
BARRIE PALLEN ASSOCIATES (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 2 -
1
Accounting policies
Company information

Barrie Pallen Associates (UK) Limited is a private company limited by shares incorporated in England and Wales. The registered office is 166 College Road, Harrow, Middlesex, HA1 1RA.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for providing services in the normal course of business, and is shown net of VAT and other sales related taxes. Income is recognised in the period to which it relates.

1.3
Intangible fixed assets - goodwill

Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation. The company's policy is to review the remaining useful economic life of goodwill on an on-going basis and to adjust the amortisation charge to reflect the remaining estimated useful life.

Acquired goodwill is written off in equal annual instalments over the director s' best estimate of its useful economic life of 10 years which is based on the continuity of the business and future expectations.

1.4
Tangible fixed assets

Tangible fixed assets are measured at cost, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures, fittings & equipment
20% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Fixed asset investments

Interests in subsidiaries are measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

BARRIE PALLEN ASSOCIATES (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 3 -
1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors, are recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
Taxation

The tax expense represents the sum of the tax currently payable.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

1.9
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.10

Dividend income

Dividend income from subsidiaries is recognised when the company's right to receive payment has been established.

BARRIE PALLEN ASSOCIATES (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
3
3
3
Intangible fixed assets
Goodwill
£
Cost
At 1 April 2025 and 31 March 2026
1,015,000
Amortisation and impairment
At 1 April 2025
937,000
Amortisation charged for the year
76,500
At 31 March 2026
1,013,500
Carrying amount
At 31 March 2026
1,500
At 31 March 2025
78,000
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2025
42,584
Additions
721
At 31 March 2026
43,305
Depreciation and impairment
At 1 April 2025
25,099
Depreciation charged in the year
5,236
At 31 March 2026
30,335
Carrying amount
At 31 March 2026
12,970
At 31 March 2025
17,485
BARRIE PALLEN ASSOCIATES (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 5 -
5
Fixed asset investments
2026
2025
£
£
Shares in group undertakings and participating interests
3
3
6
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
13,285
13,285
Other debtors
28,977
21,067
42,262
34,352
7
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
9,704
8,653
Amounts owed to group undertakings
135,056
135,056
Corporation tax
12,363
9,399
Other creditors
6,147
5,792
163,270
158,900
8
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
Ordinary A shares of £1 each
10
0
10
-
0
Ordinary B shares of £1 each
10
0
10
-
0
120
100
120
100

During the year 10 £1 Ordinary A shares and 10 £1 Ordinary B shares were issued at par.

9
Related party transactions

During the year the company made the following sales to BPA Search International Limited, a subsidiary company, amounting to £109,027 (2025: £130,263).

Included with in creditors are amounts due to BPA Search International Limited amounting to £135,056 (202 5: £135,056).

Included with in creditors is the directors' loan account balance of £497 (2025: £517) as at the balance sheet date.

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