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Company Registration No. 05749484 (England and Wales)
Bridgland Financial Management Limited Unaudited accounts for the year ended 31 March 2023
Bridgland Financial Management Limited Unaudited accounts Contents
Page
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Bridgland Financial Management Limited Company Information for the year ended 31 March 2023
Director
Mark Bridgland
Company Number
05749484 (England and Wales)
Registered Office
2 Mars House Calleva Park Aldermaston RG7 8LB
Accountants
Fraser + Accountants 3 Barossa Place Perth Perthshire PH1 5HG
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Bridgland Financial Management Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
327,356 
1,132,461 
Investments
- 
615,139 
327,356 
1,747,600 
Current assets
Debtors
373,625 
370,036 
Cash at bank and in hand
427,080 
448,922 
800,705 
818,958 
Creditors: amounts falling due within one year
(352,916)
(687,726)
Net current assets
447,789 
131,232 
Total assets less current liabilities
775,145 
1,878,832 
Provisions for liabilities
Deferred tax
- 
(7,287)
Net assets
775,145 
1,871,545 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
775,143 
1,871,543 
Shareholders' funds
775,145 
1,871,545 
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 November 2023 and were signed on its behalf by
Mark Bridgland Director Company Registration No. 05749484
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Bridgland Financial Management Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Bridgland Financial Management Limited is a private company, limited by shares, registered in England and Wales, registration number 05749484. The registered office is 2 Mars House, Calleva Park , Aldermaston , RG7 8LB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
over 50 years
Plant & machinery
over 5 years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2022
774,000 
At 31 March 2023
774,000 
Amortisation
At 1 April 2022
774,000 
At 31 March 2023
774,000 
Net book value
At 31 March 2023
- 
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Bridgland Financial Management Limited Notes to the Accounts for the year ended 31 March 2023
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
1,218,301 
45,767 
1,264,068 
Additions
- 
4,301 
4,301 
Disposals
(790,100)
- 
(790,100)
At 31 March 2023
428,201 
50,068 
478,269 
Depreciation
At 1 April 2022
92,652 
38,955 
131,607 
Charge for the year
15,442 
3,864 
19,306 
At 31 March 2023
108,094 
42,819 
150,913 
Net book value
At 31 March 2023
320,107 
7,249 
327,356 
At 31 March 2022
1,125,649 
6,812 
1,132,461 
6
Investments
Other investments 
£ 
Valuation at 1 April 2022
615,139 
Disposals
(615,139)
Valuation at 31 March 2023
- 
7
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
373,625 
370,036 
8
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
192,015 
226,241 
Amounts owed to group undertakings and other participating interests
3,173 
284,576 
Taxes and social security
139,812 
156,626 
Accruals
17,916 
20,283 
352,916 
687,726 
9
Average number of employees
During the year the average number of employees was 7 (2022: 7).
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