Bergen Capital (UK) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08608021 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2021

for

BERGEN CAPITAL (UK) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

Mr E Tablis

Secretary:

Vistra Company Secretaries Limited

Registered office:

Suite 1, 3rd Floor

11-12 St James's Square

London

SW1Y 4LB

Registered number:

08608021 (England and Wales)

Accountants:

Vistra Trust Company Limited

First Floor, Templeback

10 Temple back

Bristol

BS1 6FL

CURRENT ASSETS

Debtors

4

77,434

82,084

Cash at bank and in hand

21,368

27,763

98,802

109,847

CREDITORS

Amounts falling due within one year

5

(23,916

)

(19,188

)

NET CURRENT ASSETS

74,886

90,659

TOTAL ASSETS LESS CURRENT LIABILITIES

74,886

90,659

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

74,786

90,559

74,886

90,659

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

The financial statements were approved by the director and authorised for issue on 14 July 2022 and were signed by:

Mr E Tablis - Director

1.	Statutory information

Bergen Capital (UK) 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 Company's functional and presentational currency is pounds sterling (GBP) and the financial statements have been rounded to the nearest pound (£).

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.

Turnover

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

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

Basic financial liabilities

Basic financial liabilities, including creditors, and loans from fellow group companies are initially recognised at transaction price.

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 initially recognised at transaction price.

3.	Employees and directors

The average number of employees during the year was 2 (2020 - 2 ) .

4.

Debtors: amounts falling due within one year

31/12/21

31/12/20

£

£

Trade debtors

73,579

79,429

Other debtors

3,180

2,000

VAT

675

655

77,434

82,084

5.

Creditors: amounts falling due within one year

31/12/21

31/12/20

£

£

Trade creditors

-

372

Tax

14,245

9,387

Social security and other taxes

7,687

7,173

Other creditors

304

396

Accrued expenses

1,680

1,860

23,916

19,188

6.	Leasing agreements

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

31/12/21

31/12/20

£

£

Within one year

4,876

-

7.	Parent undertaking

The Company's parent company is Bergen Partners LLC.