BBRC Homes Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 14640420

		2026		2025
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	137,756		56,076
Cash at bank and in hand		76,671		145,516

		214,427		201,592
Creditors: Amounts Falling Due Within One Year	5	(55,204 )		(31,983 )

NET CURRENT ASSETS (LIABILITIES)			159,223		169,609

TOTAL ASSETS LESS CURRENT LIABILITIES			159,223		169,609

Creditors: Amounts Falling Due After More Than One Year	6		(476,500 )		(350,000 )

NET LIABILITIES			(317,277 )		(180,391 )

CAPITAL AND RESERVES
Called up share capital	7		10		10
Share premium account			499,998		499,998
Profit and Loss Account			(817,285 )		(680,399 )

SHAREHOLDERS' FUNDS			(317,277)		(180,391)

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BBRC Homes Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Edward Rowberry

Director

14/08/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

BBRC Homes Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14640420 . The registered office is Desklodge House, 2 Redcliffe Way, Bristol, BS1 6NL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

After careful review of the company’s financial forecasts and giving due consideration to the working capital available to the company, the directors have a reasonable expectation that the company has adequate resources to continue in operation for at least twelve months from the date of approval of the financial statements and have therefore adopted the going concern basis in preparation of the financial statements.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: 1)

4. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	36,000	-
Prepayments and accrued income	705	1,982
VAT	48	-
Amounts owed by group undertakings	101,003	54,094

	137,756	56,076

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BBRC Homes Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

5. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	14,715	16,051
Other creditors	904	9,428
Accruals	39,585	6,504

	55,204	31,983

6. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Other loans	350,000	350,000
Amounts owed to group undertakings	126,500	-

	476,500	350,000

Better Society Capital Limited (07599565) commited to subscribe £350,000 of loan notes by December 2024. The loan notes are at 0% interest and are repayable by 31 December 2040.

Bristol & Bath Regional Capital CIC (09672937) committed to an unsecured loan of £250,000 to be drawn down in installments of £125,000 each subject to preconditions being met. During the period ending 31 March 2026 BBRC Homes Limited drew down the first £125,000. The loan carries a fixed interest rate of 4% per annum and is due to be repaid 8 years from the second drawdown, or 31 January 2034 if there is no second drawdown.

7. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	10	10

8. Related Party Transactions

Controlling party:

The company was under the control of and 80% owned by Bristol & Bath Regional Capital CIC (09672937). The investment from the parent company represents the 800 class B ordinary £0.01 shares.

The company was 20% owned and had significant influence by Better Society Capital Limited (07599565). Better Society Captial Limited holds 200 class A ordinary £0.01 shares.

The company was under the control of the directors throughout the period.

Transactions with related parties:

During the period BBRC Homes Limited was charged £118,916 (2025: £166,243) for management fees by Bristol & Bath Regional Capital CIC.

As at 31 March 2026 BBRC Homes Limited trade debtors included £36,000 (2025: £nil) owed by Bristol & Bath Regional Capital CIC.

...CONTINUED

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BBRC Homes Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

8. Related Party Transactions - continued

As at 31 March 2026 BBRC Homes Limited owed £25,496 overall (owed from Bristol & Bath Regional Capital CIC 2025: £54,094) to Bristol & Bath Regional Capital CIC. Of this, £101,003 is owed from Bristol & Bath Regional Capital CIC within one year through intercompany transactions. After one year, £126,500 is owed to Bristol & Bath Regional Capital CIC through a loan agreement.

As at 31 March 2026 BBRC Homes Limited trade creditors included £14,385 (2025: £nil) owed to Bristol & Bath Regional Capital CIC.

As at 31 March 2026 BBRC Homes Limited other loans included £350,000 (2025: £350,000) owed to Better Society Capital Limited. Of this, £nil is repayable within one year and £350,000 after one year.

During the period ending 31 March 2026 BBRC Homes Limited charged £10,702 (2025: £nil) for management fees and £137,600 (2025: £nil) for transaction fees in relation to the freehold purchase of Elderberry Walk to Great Western Regional Capital Limited (10015924).

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