BCMM LTD


Directors	BRITTON, Freya Alice
	BRITTON, Scott
	JENKINS, John Andrew


Registered Address	20 Broomborough Drive
	Totnes
	TQ9 5LT


Registered Number	10331612 (England and Wales)

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in pounds sterling, which is the functional currency of the company. Amounts are rounded to the nearest pound.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Revenue from rendering of services
	Revenue 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.

	Interest income
	Interest income is recognised using the effective interest rate method.

	Operating leases
	Where, substantially, all the risks and rewards of ownership of the asset do not transfer from the lessor to the company, the lease is treated as an operating lease. Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease.

	Employee benefits
	Short-term employee benefits are recognised as an expense as employees provide services. Benefits unpaid at the reporting date are recognised as current liabilities at the undiscounted amount expected to be paid.

	Defined contribution pension plan
	The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

Defined contribution pension plan

The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

	Borrowing costs
	All borrowing costs are recognised in profit or loss in the year in which they are incurred.

	Finance costs
	Finance costs charged to the profit or loss include interest expense calculated using the effective interest method from FRS 102:11, finance charges on finance leases, and exchange differences on foreign currency borrowings where these are treated as an adjustment to interest costs.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost less accumulated depreciation and impairment. Depreciation writes off cost, less estimated residual value, over the assets' useful economic lives using the methods and rates shown below.


		Straight line (years)
	Plant and machinery	3
	Office Equipment	3

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses.

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts

	Cash and cash equivalents
	Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

	Trade and other creditors
	Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	5		6

3.	Tangible fixed assets

	Plant & machinery	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 January 25	19,047	1,732	20,779
Additions	32,805	3,064	35,869
Disposals	(8,782)	-	(8,782)
At 31 December 25	43,070	4,796	47,866
Depreciation and impairment
At 01 January 25	6,869	630	7,499
Charge for year	13,895	1,421	15,316
On disposals	(1,220)	-	(1,220)
Other adjustments	-	(1)	(1)
At 31 December 25	19,544	2,050	21,594
Net book value
At 31 December 25	23,526	2,746	26,272
At 31 December 24	12,178	1,102	13,280


	The opening cost and accumulated depreciation have been presented gross to correct the classification of accumulated depreciation on computer equipment in the prior-year note. This presentation correction does not change the opening net book value of £13,280 or opening reserves. Disposals relate to equipment transferred to BC Events USA LLC. Other adjustments of £1 relate solely to rounding to whole pounds.

The opening cost and accumulated depreciation have been presented gross to correct the classification of accumulated depreciation on computer equipment in the prior-year note. This presentation correction does not change the opening net book value of £13,280 or opening reserves. Disposals relate to equipment transferred to BC Events USA LLC. Other adjustments of £1 relate solely to rounding to whole pounds.

4.	Impairment of fixed asset investments
	The carrying value of the investment in Labours of Hercules Ltd fell from £1,000,000 to £133,724 following an impairment charge of £866,276 in 2025. The impairment follows the subsidiary's cessation of trading and the decision not to resume use of its software and intellectual property. The original cost remains £1,000,000, with no additions or disposals. Accumulated impairment increased from nil to £866,276. The remaining carrying value reflects the subsidiary's net assets, principally the amount owed by BCMM Ltd. No intercompany debt release has been recognised.

Impairment of fixed asset investments

The carrying value of the investment in Labours of Hercules Ltd fell from £1,000,000 to £133,724 following an impairment charge of £866,276 in 2025. The impairment follows the subsidiary's cessation of trading and the decision not to resume use of its software and intellectual property.

The original cost remains £1,000,000, with no additions or disposals. Accumulated impairment increased from nil to £866,276. The remaining carrying value reflects the subsidiary's net assets, principally the amount owed by BCMM Ltd. No intercompany debt release has been recognised.

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	46,002	48,249
Amounts owed by group undertakings	39,486	28,656
Other debtors	16,022	3,586
Prepayments and accrued income	61,619	48,048
Total	163,129	128,539

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	74,538	8,092
Bank borrowings and overdrafts	6,250	6,250
Amounts owed to related parties	131,645	5,557
Taxation and social security	-	3,604
Other creditors	1,098	10,110
Accrued liabilities and deferred income	161,891	67,129
Total	375,422	100,742

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	21,354	27,604
Total	21,354	27,604

8.	Pension commitments
	The company operates a defined contribution pension scheme. Scheme assets are held separately from those of the company in an independently administered fund. The pension expense for the year was £3,680 (2024: £4,480). Contributions of £598 (2024: £839) were payable at the balance sheet date and are included in creditors.

9.	Related party transactions
	At 31 December 2025, £39,486 (2024: £28,656) was owed by BC Events USA LLC and £131,645 (2024: £5,557) was owed to Labours of Hercules Ltd. Both are wholly owned subsidiaries. During the year the company purchased goods and services totalling £88,989 (2024: £22,474) from BRITFIT LTD. No amount was outstanding to F Britton at the year end (2024: £782). No amount was outstanding to BRITFIT LTD at the year end.

Related party transactions

At 31 December 2025, £39,486 (2024: £28,656) was owed by BC Events USA LLC and £131,645 (2024: £5,557) was owed to Labours of Hercules Ltd. Both are wholly owned subsidiaries. During the year the company purchased goods and services totalling £88,989 (2024: £22,474) from BRITFIT LTD. No amount was outstanding to F Britton at the year end (2024: £782). No amount was outstanding to BRITFIT LTD at the year end.

10.	Parent-subsidiary relationships
	The company holds 100% of the shares and voting rights in Labours of Hercules Ltd, registered at 20 Broomborough Drive, Totnes, England, TQ9 5LT, and BC Events USA LLC, registered at 8 The Green, Suite R, Dover, Delaware 19901, United States.

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		26,272		13,280
Investments			133,724		1,000,000
			159,996		1,013,280
Current assets
Debtors	5	163,129		128,539
Cash at bank and on hand		281,519		56,785
		444,648		185,324
Creditors amounts falling due within one year	6	(375,422)		(100,742)
Net current assets (liabilities)			69,226		84,582
Total assets less current liabilities			229,222		1,097,862
Creditors amounts falling due after one year	7		(21,354)		(27,604)
Net assets			207,868		1,070,258
Capital and reserves
Called up share capital			180		180
Share premium			1,424,807		1,424,807
Profit and loss account			(1,217,119)		(354,729)
Shareholders' funds			207,868		1,070,258