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Registration number: 07879286

Bridal Collective UK Ltd
Unaudited Filleted Financial Statements
for the Year Ended 31 December 2025

Pages for filing with Registrar

Bridal Collective UK Ltd

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 10

Bridal Collective UK Ltd

Company Information

Directors | M Nguyen L R I Phillips K J Beglin T L W Williams J A Yee

Registered office | Unit 1 Bell Court Swansea West Business Park Fforestfach Swansea SA5 4HP

Registered number | 07879286

Accountant | Corrigan Accountants Limited 1st Floor 25 King Street Bristol BS1 4PB

Bridal Collective UK Ltd

(Registration number: 07879286)
Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 78,659 | 106,829
Current assets |  |  |
Stocks |  | 776,288 | 910,612
Debtors | 6 | 771,747 | 1,063,312
Cash at bank and in hand |  | 79,355 | 18,305
|  | 1,627,390 | 1,992,229
Creditors: Amounts falling due within one year | 7 | (487,842) | (677,790)
Net current assets |  | 1,139,548 | 1,314,439
Total assets less current liabilities |  | 1,218,207 | 1,421,268
Provisions for liabilities |  | (6,121) | (6,121)
Net assets |  | 1,212,086 | 1,415,147
Capital and reserves |  |  |
Called up share capital | 8 | 200,000 | 200,000
Capital redemption reserve |  | 470,000 | 470,000
Profit and loss account |  | 542,086 | 745,147
Total equity |  | 1,212,086 | 1,415,147

Bridal Collective UK Ltd

(Registration number: 07879286)
Balance Sheet as at 31 December 2025

For the financial year ending 31 December 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 accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their 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 in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised for issue by the Board on 22 June 2026 and signed on its behalf by:

M Nguyen

Director

Bridal Collective UK Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1 | Statutory information

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

The address of its registered office is:
Unit 1 Bell Court
Swansea West Business Park Fforestfach
Swansea
SA5 4HP
Wales

2 | Accounting policies

Summary of significant accounting policies

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.

Statement of compliance

These financial statements have been prepared in compliance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention.
The financial statements are prepared in pounds sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

The company’s financial statements have been prepared on a going concern basis. The directors have considered a period of twelve months from the date of approval of the financial statements and believes that the company is able to meet liabilities as they fall due.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.
The company recognises revenue when the amount of revenue can be reliably measured and it is probable that future economic benefits will flow to the entity.

Bridal Collective UK Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rates prevailing on the initial transaction dates.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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

Deferred tax
Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Bridal Collective UK Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Tangible fixed assets

Tangible fixed assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

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:

Fixtures and fittings | 15% straight line
Computer equipment | 20% straight line
Plant and equipment | 20 and 25% straight line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand.

Trade debtors

Trade debtors are recognised initially at the transaction price. They are subsequently measured at cost, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of sample stock and finished goods comprises direct materials and, where applicable, those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are recognised initially at the transaction price.

Bridal Collective UK Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

The company used a debt factoring arrangement for some of its trade debtors whereby the company receives from a financing company, in advance of the collection of that debt, an advance equal to an agreed percentage of the debt. The financing company takes on responsibility for the collection of the debt and bears the risk of non-payment. Advances owing to the financing company are therefore classified within creditors unless those advances are less than the outstanding trade debts, in which case the amount owing from the financing company is classified as a debtor.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity.

Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense. The cost of any unused holiday entitlement is recognised in the period in which the employees' services are received.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 25 (2024 - 27).

Bridal Collective UK Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4 | Taxation

Deferred tax

Deferred tax assets and liabilities

2025 | Liability £
Origination and reversal of timing differences | 6,121

2024 | Liability £
Origination and reversal of timing differences | 6,121

5 | Tangible fixed assets

| Fixtures and fittings £ | Computer equipment £ | Plant and equipment £ | Total £
Cost
At 1 January 2025 | 111,441 | 157,664 | 77,075 | 346,180
Additions | 5,216 | - | - | 5,216
At 31 December 2025 | 116,657 | 157,664 | 77,075 | 351,396
Depreciation
At 1 January 2025 | 82,060 | 108,997 | 48,294 | 239,351
Charge for the year | 9,634 | 16,730 | 7,022 | 33,386
At 31 December 2025 | 91,694 | 125,727 | 55,316 | 272,737
Carrying amount
At 31 December 2025 | 24,963 | 31,937 | 21,759 | 78,659
At 31 December 2024 | 29,381 | 48,667 | 28,781 | 106,829

Bridal Collective UK Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

6 | Debtors: amounts falling due within one year

| 2025 £ | 2024 £
Trade debtors | 570,024 | 769,854
Debt factoring balance | 143,115 | 238,366
Prepayments | 58,608 | 55,092
| 771,747 | 1,063,312

7 | Creditors

| Note | 2025 £ | 2024 £
Bank loans and overdrafts |  | - | 93,750
Trade creditors |  | 353,495 | 357,526
Corporation tax |  | - | 54,352
Taxation and social security |  | 71,489 | 82,768
Other creditors |  | 3,386 | 3,940
Accruals |  | 59,472 | 85,454
|  | 487,842 | 677,790

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 200,000 | 200,000 | 200,000 | 200,000

Bridal Collective UK Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

9 | Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

| 2025 £ | 2024 £
Operating lease commitment | 153,140 | 233,262

The amount of non-cancellable operating lease payments recognised as an expense during the year was £81,695 (2024 - £82,977).

10 | Parent and ultimate parent undertaking

The company's immediate parent is Bridal Collective Holdings B.V., incorporated in Netherlands.
The most senior parent entity producing publicly available financial statements is Bridal Collective Holdings B.V.. These financial statements are available upon request from Spinelstraat 22, 7554 TW, Hengelo, Netherlands.