Registered number: 16323800

BNF UPSILON LIMITED
(FORMERLY MARLEVIEW LIMITED)

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2025

BNF UPSILON LIMITED

REGISTERED NUMBER: 16323800

BALANCE SHEET

AS AT 31 DECEMBER 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 

The notes on pages 3 to 5 form part of these financial statements.

BNF UPSILON LIMITED

REGISTERED NUMBER: 16323800

    

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2025

BNF UPSILON LIMITED

 

 

 

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

BNF Upsilon Limited (the 'Company') (formerly Marleview Limited) is a private company, limited by shares, domiciled and incorporated in England and Wales (registered number: 16323800). The registered office address is 25 Hanover Square, London, W1S 1JF.

The principle activity of the Company is to preserve and grow the assets under management on behalf of the shareholders.

The Company's functional and presentational currency is GBP.

This is the Company's first set of accounts since being incorporated during the period.

2.Accounting policies

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. 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 following principal accounting policies have been applied:

The financial statements have been prepared on a going concern basis. In making this assessment, the directors have considered the Company’s financial position, forecast cash flows and the terms of its financing arrangements.

At the balance sheet date, the Company had net assets of £29,979 and generated a profit for the period of £29,879.

On this basis, the directors consider that the Company has adequate resources to continue in operational existence for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing these financial statements.

Interest income is recognised in profit or loss using the effective interest method.

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

BNF UPSILON LIMITED

 

 

 

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

BNF UPSILON LIMITED

 

 

 

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025