REGISTERED NUMBER: 05888214 (England and Wales)

FINANCIAL STATEMENTS FOR THE PERIOD 1 JANUARY 2025 TO 30 JUNE 2026

FOR

BONNINGTON BLOOMSBURY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J J McGettigan

B D McGettigan

SECRETARY:

B D McGettigan

REGISTERED OFFICE:

Railview Lofts

19c Commercial Road

Eastbourne

East Sussex

BN21 3XE

REGISTERED NUMBER:

05888214 (England and Wales)

AUDITORS:

LMDB Limited

t/a LMDB Accountants

Statutory Auditors

Railview Lofts

19c Commercial Road

Eastbourne

East Sussex

BN21 3XE

CURRENT ASSETS

Debtors

4

-

7,526

Cash at bank

2,648,162

249,328

2,648,162

256,854

CREDITORS

Amounts falling due within one year

5

4,970,514

2,570,654

NET CURRENT LIABILITIES

(2,322,352

)

(2,313,800

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,322,352

)

(2,313,800

)

CAPITAL AND RESERVES

Called up share capital

6

1

1

Retained earnings

(2,322,353

)

(2,313,801

)

SHAREHOLDERS' FUNDS

(2,322,352

)

(2,313,800

)

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

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 27 August 2026 and were signed on its behalf by:

J J McGettigan - Director

1.	STATUTORY INFORMATION

Bonnington Bloomsbury 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Preparation of financial statements on a basis other than that of a going concern

The company disposed of its leasehold property in the prior year. The directors have therefore prepared the financial statements on a basis other than that of a going concern. It is the intention of the directors for the company to enter a Members Voluntary Liquidation (MVL).

The company has been dependent upon the continued support of its parent company, Bonnington Group Ltd, which has provided funding to the company.It is the director's expectation that subsequent to the approval of these financial statements, the parent company will release the company from a sufficient proportion of the remaining loan so that the company can proceed with a solvent liquidation.

Taxation

Taxation for the period 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 period 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.

Functional currency

The company's functional currency as defined by section 30 Financial Reporting Standard 102 is sterling.

Financial instruments

The company's principal financial instruments comprise bank balances, trade debtors, trade creditors, and loans to/ from other group companies. The main purpose of these instruments is to finance the company's operations.

Due to the nature of the financial instruments used by the group there is no exposure to price risk. The group's approach to managing other risks applicable to the financial instruments concerned is shown below.

Trade debtors are managed in respect of credit and cash flow risk by policies determining the credit offered to customers and the regular monitoring of amounts outstanding for both time and credit limits.

In respect of loans between group companies, these are interest free and have no fixed repayment terms. The directors are aware of each group company's required finance and have determined that these will only be repaid, in whole or in part, when funding is available.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2024 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

£

Other debtors

-

7,526

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

£

Trade creditors

-

6,349

Amounts owed to group undertakings

4,966,011

2,546,927

Taxation and social security

-

496

Other creditors

4,503

16,882

4,970,514

2,570,654

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2024

value:

£

£

1

Ordinary shares

£1

1

1

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mr Stuart Andrew Murray FCCA (Senior Statutory Auditor)

for and on behalf of LMDB Limited

Emphasis of matter - Preparation on a basis other than that of a going concern

We draw attention to note 2 to the financial statements, which describes the basis of accounting. As explained in Note 2, the directors have prepared the financial statements on a basis other than that of a going concern because they intend to place the company into members' voluntary liquidation following approval of the financial statements. Our opinion is not modified in respect of this matter.

8.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under paragraph 1AC.35 of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions between two or more members of a group as any subsidiary party to related party transactions are wholly owned by such member.

9.	ULTIMATE CONTROLLING PARTY

The company's ultimate controlling party is the company's director J J McGettigan by virtue of his majority shareholding in the company's ultimate parent company.

10.	CONSOLIDATED FINANCIAL STATEMENTS

The company is a wholly owned subsidiary of Bonnington Group Limited (incorporated in England and Wales) and of its ultimate parent, Regan Development Holdings Ltd (incorporated in Ireland). Bonnington Group Ltd is exempt from the requirement to prepare consolidated financial statements by virtue of section 399 of the Companies Act 2006. Copies of the financial statements for Regan Development Holdings Ltd are available from 103 Lower Baggot Street, Dublin 2, Dublin, D02F650, Ireland and also from Companies Registration Office Ireland.