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REGISTERED NUMBER: 13856604 (England and Wales)















Financial Statements for the Year Ended 31 March 2024

for

The Product Bridge Ltd

The Product Bridge Ltd (Registered number: 13856604)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


The Product Bridge Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: R S Pisacane





REGISTERED OFFICE: 29 Kingston Road
Bristol
Avon & Somerset
BS3 1DS





REGISTERED NUMBER: 13856604 (England and Wales)





ACCOUNTANTS: Millward, May & Co
The Overhangs
55a Peach Street
Wokingham
Berkshire
RG40 1XP

The Product Bridge Ltd (Registered number: 13856604)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 53,412 1,542

CURRENT ASSETS
Debtors 5 16,846 51,603
Cash at bank 110,792 58,711
127,638 110,314
CREDITORS
Amounts falling due within one year 6 35,689 46,766
NET CURRENT ASSETS 91,949 63,548
TOTAL ASSETS LESS CURRENT LIABILITIES 145,361 65,090

CREDITORS
Amounts falling due after more than one year 7 (37,586 ) -

PROVISIONS FOR LIABILITIES (11,770 ) (293 )
NET ASSETS 96,005 64,797

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 96,004 64,796
SHAREHOLDERS' FUNDS 96,005 64,797

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 2 September 2024 and were signed by:





R S Pisacane - Director


The Product Bridge Ltd (Registered number: 13856604)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

The Product Bridge Ltd 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 3 year straight line
Motor vehicles- reducing balance 20%

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

The Product Bridge Ltd (Registered number: 13856604)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 - 2,220 2,220
Additions 57,480 2,095 59,575
At 31 March 2024 57,480 4,315 61,795
DEPRECIATION
At 1 April 2023 - 678 678
Charge for year 6,706 999 7,705
At 31 March 2024 6,706 1,677 8,383
NET BOOK VALUE
At 31 March 2024 50,774 2,638 53,412
At 31 March 2023 - 1,542 1,542

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors - 43,121
Other debtors 16,846 8,482
16,846 51,603

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 6,674 -
Taxation and social security 28,993 46,766
Other creditors 22 -
35,689 46,766

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 37,586 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
1 Ordinary 1 1 1

9. RELATED PARTY DISCLOSURES

During the period the director maintained a loan account with the company. At the period end the company owed the director £22 (Director owed company £6,496- 2023). This loan is interest free, repayable on demand and shown within other creditors.