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COMPANY REGISTRATION NUMBER: 05369150

BGK VENTURES LIMITED

FILLETED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED

28 December 2025

BGK VENTURES LIMITED

STATEMENT OF FINANCIAL POSITION

28 December 2025

| 28 Dec 25 | 29 Dec 24
Note | £ | £ | £ | £

Current assets

Debtors | 5 | 47 |  | 6,591 |
Cash at bank and in hand | 461 |  | 2,617 |
| ---- |  | ------ |
| 508 |  | 9,208 |

Creditors: amounts falling due within one year | 6 | ( 7) |  | ( 8,709) |
| ---- |  | ------ |
Net current assets |  | 501 |  | 499
|  | ---- |  | ----
Total assets less current liabilities |  | 501 |  | 499
|  | ---- |  | ----

Capital and reserves

Called up share capital | 7 |  | 100 |  | 100
Profit and loss account |  | 401 |  | 399
|  | ---- |  | ----
Total shareholders' funds |  | 501 |  | 499
|  | ---- |  | ----

These financial statements have been prepared and delivered 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'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
The director acknowledges his 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 were approved by the board of directors and authorised for issue on 11 August 2026 , and are signed on behalf of the board by:

M S Grewal |
Director |

Company registration number: 05369150

BGK VENTURES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

PERIOD FROM 30 DECEMBER 2024 TO 28 DECEMBER 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 12 North Bar, Banbury, OX16 0TB.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest pound. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
Going concern
These financial statements have been prepared on a going concern basis which the director considers to be appropriate for the company. After reviewing the company's forecasts and projections, the director is satisfied that the company has sufficient resources to continue in operational existence and will be able to meet its debts as they fall due for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.
Turnover
The turnover shown in the profit and loss account represents amounts for services provided during the year, exclusive of Value Added Tax. Turnover is recognised when the services are provided to the customer, at which point the risk and reward of ownership has been transferred to the customer.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Financial instruments
Basic financial assets, which include trade and other receivables and cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method. At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss. Basic financial liabilities, which include trade and other payables are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year of less. If not, then they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires. Employee benefits Short term benefits, including holiday pay and other similar non-monetary benefits, are recognised as an expense in the period in which the service is received
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.
Share capital
Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.
Distributions to equity holders
Dividends and other distributions to the company's shareholders are recognised as a liability in the financial statements in the period in which the dividends and other distributions are approved by the shareholders. These amounts are recognised in the statement of changes in equity.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 2 (2024: 2 ).
5. Debtors

| 28 Dec 25 | 29 Dec 24
| £ | £
Trade debtors | – | 6,576
Other debtors | 47 | 15
| ---- | ------
| 47 | 6,591
| ---- | ------

6. Creditors: amounts falling due within one year

| 28 Dec 25 | 29 Dec 24
| £ | £
Trade creditors | – | 6,199
Corporation tax | – | 26
Social security and other taxes | 7 | 2,305
Other creditors | – | 179
| ---- | ------
| 7 | 8,709
| ---- | ------

7. Called up share capital
Issued, called up and fully paid

| 28 Dec 25 | 29 Dec 24
| No. | £ | No. | £
Ordinary shares of £ 1 each | 100 | 100 | 100 | 100
| ---- | ---- | ---- | ----

8. Summary audit opinion
The auditor's report dated 11 August 2026 was unqualified .
The senior statutory auditor was William Kerr , for and on behalf of Xeinadin Audit Limited .
9. Controlling party
The immediate parent company is MSG Sandhurst Ltd, a company incorporated in England and Wales. The ultimate parent company and the smallest and largest group to prepare consolidated financial statements which include BGK Ventures Ltd is Bansols Beta Ltd, a company incorporated in England and Wales. The consolidated financial statements of Bansols Beta Ltd can be obtained from Companies House, Crown Way, Cardiff CF14 3UZ. The ultimate controlling party is the director M S Grewal .