Registration number: 12330638

Bear Capital Group Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 13

Bear Capital Group Limited

Company Information

Directors

Anthony Kerr Patricia Kerr

Registered office

1st Floor Frameworks 2 Sheen Road Richmond England TW9 1AE

Accountants

Wem & Co Chartered Accountants Savoy House Savoy Circus London W3 7DA

Bear Capital Group Limited

(Registration number: 12330638)
Balance Sheet as at 31 October 2025

	Note	31.10.25		31.10.24
		£	£	£	£
Fixed assets
Tangible assets	4		-		814
Investment property	5		8,762,270		8,762,270
Investments	6		1,994,953		408
Other financial assets	7		20,214,224		19,541,147
			30,971,447		28,304,639
Current assets
Debtors	8	5,830,368		6,328,200
Cash at bank and in hand		7,536,914		8,330,099
		13,367,282		14,658,299
CREDITORS
Creditors within 1yr		5,923,365		6,546,234
Net current assets			7,443,917		8,112,065
Total assets less current liabilities			38,415,364		36,416,704
PROVISIONS FOR LIABILITES			-		(458,125)
Net assets			38,415,364		35,958,579
Capital and reserves
Called up share capital			409		408
Other reserves			3,081,640		1,159,843
Profit and loss account			35,333,315		34,798,328
Shareholders' funds			38,415,364		35,958,579

For the financial year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Bear Capital Group Limited

(Registration number: 12330638)
Balance Sheet as at 31 October 2025 (continued)

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 14 October 2026 and signed on its behalf by:
 

Anthony Kerr Director

Bear Capital Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1	General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
1st Floor Frameworks
2 Sheen Road
Richmond
TW9 1AE
England

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentational currency is Pound Sterling (£).

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services, including rent, in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Bear Capital Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025 (continued)

2	Accounting policies (continued)

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Furniture, fittings & equipment	3 years

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Merger accounting

Merger accounting is used where an acquisition meets the Companies Act requirements. In merger accounting, assets and liabilities are recorded at their book value by the acquiring company and no goodwill or share premium is recognised.

Investments

Investments are measured at fair value with changes recognised in profit or loss. A fair value reserve represents the revaluation surplus less provision for deferred tax at the year-end.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Bear Capital Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025 (continued)

2	Accounting policies (continued)

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors 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 the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

Bear Capital Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025 (continued)

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 November 2024	5,876	5,876
At 31 October 2025	5,876	5,876
Depreciation
At 1 November 2024	5,062	5,062
Charge for the year	814	814
At 31 October 2025	5,876	5,876
Carrying amount
At 31 October 2025	-	-
At 31 October 2024	814	814

5	Investment properties

	31.10.25 £
At 1 November	8,762,270
At 31 October	8,762,270

The properties were valued by the director at the year-end and are represented by cost.

6	Investments

Page 7

Bear Capital Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025 (continued)

6	Investments (continued)

Subsidiaries	£
Cost or valuation
At 1 November 2024	408
Provision
Carrying amount
At 31 October 2025	408
At 31 October 2024	408