REGISTERED NUMBER: 02220482 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

buk Solutions Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S M Sainsbury

Mrs R Sainsbury

SECRETARY:

Mr S M Sainsbury

REGISTERED OFFICE:

Unit 2

The Business Centre

Church End

Cambridge

CB1 3LB

REGISTERED NUMBER:

02220482 (England and Wales)

ACCOUNTANTS:

Hardcastle Burton LLP

Lake House

Market Hill

Royston

Hertfordshire

SG8 9JN

FIXED ASSETS

Tangible assets

4

638,507

600,599

CURRENT ASSETS

Stocks

6,923

14,241

Debtors

384,030

383,504

Cash at bank and in hand

832,926

758,093

1,223,879

1,155,838

CREDITORS

Amounts falling due within one year

351,031

285,079

NET CURRENT ASSETS

872,848

870,759

TOTAL ASSETS LESS CURRENT LIABILITIES

1,511,355

1,471,358

CREDITORS

Amounts falling due after more than one year

(56,130

)

(56,130

)

PROVISIONS FOR LIABILITIES

7

(63,387

)

(50,723

)

NET ASSETS

1,391,838

1,364,505

CAPITAL AND RESERVES

Called up share capital

8

70,000

70,000

Retained earnings

1,321,838

1,294,505

SHAREHOLDERS' FUNDS

1,391,838

1,364,505

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2026 and were signed on its behalf by:

Mr S M Sainsbury - Director

1.	STATUTORY INFORMATION

buk Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Improvements to property

-

2% on cost

Conference equipment

-

33% on reducing balance, 20% on reducing balance and 15% on cost

Fixtures and fittings

-

20% on cost and 15% on cost

Motor vehicles

-

33% on cost

Computer equipment

-

33% on cost and 25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company only has basic financial instruments measured at amortised cost, with no financial instruments classified as other or basic instruments measured at fair value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

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.

Foreign currencies

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2025

1,832,548

Additions

107,517

At 31 December 2025

1,940,065

DEPRECIATION

At 1 January 2025

1,231,949

Charge for year

69,609

At 31 December 2025

1,301,558

NET BOOK VALUE

At 31 December 2025

638,507

At 31 December 2024

600,599

5.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.25

31.12.24

£

£

Within one year

15,292

27,475

Between one and five years

2,808

13,420

18,100

40,895

6.	SECURED DEBTS

There is a fixed and floating charge registered 30 November 2020 with Lloyds Bank PLC in relation to all property undertakings of the company.

There is a fixed charge registered 12 April 1994, over Unit 2 Church End, Coldhams Lane, Cambridge together with all buildings and fixtures thereon together with an assignment of goodwill. A floating charge is also included over all moveable plant machinery, implements, utensils, furniture and equipment

7.	PROVISIONS FOR LIABILITIES

31.12.25

31.12.24

£

£

Deferred tax

63,387

50,723

Deferred

tax

£

Balance at 1 January 2025

50,723

Accelerated capital allowances

12,664

Balance at 31 December 2025

63,387

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

68,000

Ordinary A

£1

68,000

68,000

2,000

Ordinary B

£1

2,000

2,000

70,000

70,000

9.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £11,452 (2024: £11,570). The pension contributions outstanding at the year end amounted to £14,860 (2024: £15,023).

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

£

Mr S M Sainsbury

Balance outstanding at start of year

71,260

71,265

Amounts advanced

51,330

62,485

Amounts repaid

(51,350

)

(62,490

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

71,240

71,260

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £135,350 were paid to the directors .

During the year the company lent £45,000 to Compass Point Recruitment Ltd, a company under the control of the directors.

At the year end Compass Point Recruitment Limited owed the company £85,000 (2024 £40,000). This amount has been deemed irrecoverable, due to the debtor going onto liquidation, and has been written off in these accounts.

12.	POST BALANCE SHEET EVENTS

SInce the balance sheet date but prior to approval of the financial statements Compass Point Recruitment Ltd, a company under control of the directors, went into liquidation. The balance owed by Compass Point Recruitment Ltd at the balance sheet date was £85,000 and has been written off as a bad debt within the 2025 accounts on the basis that it was irrecoverable at the balance sheet date.

13.	ULTIMATE CONTROLLING PARTY

The ultimate parent company is Brahler Holdings Limited, registered in England and Wales. Their registered office address being Unit 2, The Business Centre, Church End, Cambridge, Cambridgeshire, CB1 3LB.