1 iso4217:GBP xbrli:pure xbrli:shares iso4217:GBP xbrli:shares 13016002 2026-03-31 13016002 2025-03-31 13016002 2025-04-01 2026-03-31 13016002 bus:Director1 2025-04-01 2026-03-31 13016002 bus:Director2 2025-04-01 2026-03-31 13016002 bus:SmallEntities 2025-04-01 2026-03-31 13016002 bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 13016002 bus:FilletedAccounts 2025-04-01 2026-03-31 13016002 bus:Director1 2025-04-01 2026-03-31 13016002 2025-04-01 2026-03-31 13016002 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31
B & PD LIMITED
Registration Number 13016002 (England and Wales)
Filleted Unaudited Financial Statements
for the year ended 31 March 2026
B & PD LIMITED
Financial Statements for the year ended 31 March 2026
BALANCE SHEET
Notes
2026 £
2025 £
Fixed assets
Investments
3
52,874,494
46,959,770
52,874,494
46,959,770
Current assets
Debtors
4
231,105
115,624
Cash at bank and in hand
3,041,251
3,943,559
3,272,356
4,059,183
Current liabilities
Creditors: amounts falling due within one year
5
329,334
77,662
Net current assets
2,943,022
3,981,521
Total assets less current liabilities
55,817,516
50,941,291
Non-current liabilities
Provision for deferred taxation
(752,624)
-
Net assets
55,064,892
50,941,291
Capital and reserves
Called up share capital
7
22
22
Profit and loss account
55,064,870
50,941,269
Shareholder's funds
55,064,892
50,941,291
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
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.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its accounts for the year ended 31 March 2026 in accordance with section 476 of the Companies Act 2006.
- The directors acknowledge thier responsibilities for ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006.
The financial statements were approved and authorised for issue by the Board of Directors on 2 June 2026.
_______________________
_______________________
EM Scott
RP Fry
The notes on pages 2 to 4 form part of these accounts.
Company registration number: 13016002
B & PD LIMITED
Financial Statements for the year ended 31 March 2026
NOTES TO THE FINANCIAL STATEMENTS
1. Summary of significant accounting policies
1.1 General information and basis of preparation
B & PD Limited is a private company limited by shares, registered in England and Wales. The address of the registered office and registration number is given in the company information on page 2 of these financial statements.
These financial statements have been prepared in accordance with FRS 102 the Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland as adapted by Section 1A of FRS 102 and the Companies Act 2006.
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through profit or loss.
The financial statements are prepared in sterling (£) which is the functional currency of the company and rounded to the nearest £.
The financial statements have been prepared on a going concern basis. The directors have assessed the Company's ability to continue as a going concern and have reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
1.2 Financial instruments
The Company has chosen to adopt Section 11 of FRS102 in respect of financial instruments.
Fixed asset investments
Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.
Investments in joint ventures / associates are measured at cost less impairment.
Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
1.3 Tax
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.
1.4 Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
B & PD LIMITED
Financial Statements for the year ended 31 March 2026
NOTES TO THE FINANCIAL STATEMENTS
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.
1.5 Foreign currency
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
2. Employee numbers
The average number of persons employed by the Company (including directors) during the year, was 1 (2025 - 1).
3. Investments
Movement in investments
Other investments other than loans £
Cost or valuation
At 01 April 2025
46,959,770
Additions
29,812,140
Disposals
(27,224,074)
Revaluations
3,326,658
At 31 March 2026
52,874,494
Carrying amount
At 31 March 2025
46,959,770
At 31 March 2026
52,874,494
4. Debtors
2026 £
2025 £
Amounts falling due within one year
Amounts due from group undertaking
27,649
16,313
Other debtors
203,456
99,311
231,105
115,624
B & PD LIMITED
Financial Statements for the year ended 31 March 2026
NOTES TO THE FINANCIAL STATEMENTS
5. Creditors: amounts falling due within one year
Creditors: amounts falling due within one year comprise:
2026 £
2025 £
Social security and other taxes
865
835
Other creditors
86,183
76,827
Corporation tax
242,286
-
329,334
77,662
6. Deferred tax
The company has a unrecognised deferred tax asset of £nil at 31 March 2026 (2025: £123,421), which has arisen from capital gains and losses carried forward. Its recoverability is dependent upon future capital gains arising, the likelihood of which cannot at this stage be determined with reasonable certainty.
7. Called up share capital
Authorised
2026 No.
2025 No.
Ordinary shares of £0.01 each
2,236
2,236
Alloted, called up and fully paid
2026 £
2025 £
Ordinary shares of £0.01 each
22
22
8. Controlling parties
The company is a subsidiary of B & PD Limited Partnership, whose registered office address is 61 Dublin Street, Edinburgh, EH3 6NL. Group financial statements are not prepared.
Appendix - Additional XBRL Tags and Values
Accounting standards applied
[Current]
bus_SmallEntities
Accounts status, audited or unaudited
[Current]
bus_AuditExempt-NoAccountantsReport
Accounts type
[Current]
bus_FilletedAccounts
Average number of employees during the period
[Current]
1.00
Balance sheet date
[Current]
31 March 2026
Date of auditor's report
[Current]
0001-01-01
Date of authorisation of financial statements for issue
[Current]
02 June 2026
Director signing Directors' Report
[Current]
bus_Director1
Director signing financial statements
[Current]
bus_Director1
End date for period covered by report
[Current]
31 March 2026
Entity current legal or registered name
[Current]
B & PD Limited
Entity is dormant [true/false]
[Current]
false
Entity trading status
[Current]
[default]
Equity [Multiple Tags or Values]
[Current]
110,129,784
Equity [Multiple Tags or Values]
[Prior]
101,882,582
Legal form of entity
[Current]
bus_PrivateLimitedCompanyLtd
Name of entity auditors
[Current]
CT
Name of entity officer
[Current]
EM Scott
Name of entity officer
[Current]
RP Fry
Name of individual auditor
[Current]
CT
Name of production software
[Current]
Draftworx Cloud
Start date for period covered by report
[Current]
01 April 2025
UK Companies House registered number
[Current]
13016002
Version of production software
[Current]
2026.11.0.0
Appendix - Footnotes
Average number of employees during the period
[Current]
1