Company No: 06021403 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	5,881		13,317
Investments	4	1,683		1,683
		7,564		15,000
Current assets
Debtors	5	1,694,144		1,700,600
Cash at bank and in hand		370,315		580,736
		2,064,459		2,281,336
Creditors: amounts falling due within one year	6	( 460,818)		( 485,466)
Net current assets		1,603,641		1,795,870
Total assets less current liabilities		1,611,205		1,810,870
Creditors: amounts falling due after more than one year	7	0		( 12,500)
Net assets		1,611,205		1,798,370
Capital and reserves
Called-up share capital	8	105		105
Share premium account		3,312		3,312
Profit and loss account		1,607,788		1,794,953
Total shareholders' funds		1,611,205		1,798,370

For the financial 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.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Comprehensive Income has not been delivered.

The financial statements of BAMM Limited (registered number: 06021403) were approved and authorised for issue by the Board of Directors on 28 October 2026. They were signed on its behalf by:

M Baker Director

A Martin Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

BAMM Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is The Courtyard, 11a Curtain Road, London, EC2A 3LT, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Statement of Financial Position date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Statement of Comprehensive Income in the period in which they arise.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Employee benefits

Short term benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised as an expense when the Company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Comprehensive Income in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Statement of Financial Position.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements	5 years straight line
Computer equipment	4 years straight line

Leases

The Company as lessor
Amounts due from lessees under finance leases are recognised as receivables at the amount of the Company's net investment in the leases. Finance lease income is allocated to accounting periods so as to reflect a constant periodic rate of return on the Company's net investment outstanding in respect of leases.

Rental income from operating leases is recognised on a straight-line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight-line basis over the lease term.

Impairment of assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	9		13

3. Tangible assets

	Leasehold improve- ments		Computer equipment		Total
	£		£		£
Cost
At 01 April 2025	87,960		181,480		269,440
At 31 March 2026	87,960		181,480		269,440
Accumulated depreciation
At 01 April 2025	86,280		169,843		256,123
Charge for the financial year	840		6,596		7,436
At 31 March 2026	87,120		176,439		263,559
Net book value
At 31 March 2026	840		5,041		5,881
At 31 March 2025	1,680		11,637		13,317

4. Fixed asset investments

	2026		2025
	£		£
Subsidiary undertakings	1,683		1,683

Investments in subsidiaries

	2026
	£
Cost
At 01 April 2025	1,683
At 31 March 2026	1,683
Carrying value at 31 March 2026	1,683
Carrying value at 31 March 2025	1,683

Unlisted investment have been included at cost less accumulated impairments.

5. Debtors

	2026		2025
	£		£
Trade debtors	420,715		183,710
Amounts owed by Group undertakings	1,181,901		1,405,507
Corporation tax	0		15,146
Other debtors	91,528		96,237
	1,694,144		1,700,600

6. Creditors: amounts falling due within one year

	2026		2025
	£		£
Bank loans	12,500		50,000
Trade creditors	71,705		328,003
Other taxation and social security	32,426		14,276
Other creditors	344,187		93,187
	460,818		485,466

Bank loans of £12,500 (2025: £50,000) are secured by way of a fixed and floating charge over the assets of the company.

7. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Bank loans	0		12,500

Bank loans of NIL (2025: £12,500) are secured by way of a fixed and floating charge over the assets of the company.

8. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
50 Ordinary B shares of £ 1.00 each	50		50
5 Ordinary D shares of £ 1.00 each	5		5
50 Ordinary A shares of £ 1.00 each	50		50
	105		105

9. Financial commitments

Commitments

	2026		2025
	£		£
Total future minimum lease payments under non-cancellable operating leases	68,907		165,013

10. Related party transactions

The company has availed itself of the exemptions available under FRS 102 not to disclose transactions or balances with wholly owned group entities.

11. Profit and loss reserves

Retained earnings represents accumulated comprehensive income for the year and prior periods less dividends paid.