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REGISTERED NUMBER: 13739771 (England and Wales)








REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS

FOR THE PERIOD 1 DECEMBER 2022 TO 29 NOVEMBER 2023

FOR

BRIDGE KP APARTMENTS LIMITED

BRIDGE KP APARTMENTS LIMITED (REGISTERED NUMBER: 13739771)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 1 December 2022 to 29 November 2023




Page

Company Information 1

Report of the Director 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 7


BRIDGE KP APARTMENTS LIMITED

COMPANY INFORMATION
for the Period 1 December 2022 to 29 November 2023







DIRECTOR: Mr A C Kirkpatrick





REGISTERED OFFICE: Offices 1 And 2 1a King Street
Farnworth
Bolton
Greater Manchester
BL4 7AB





REGISTERED NUMBER: 13739771 (England and Wales)





ACCOUNTANTS: Cadishead Accountancy Services Limited
Britannic House
657 Liverpool Road
Irlam
Manchester
Lancashire
M44 5XD

BRIDGE KP APARTMENTS LIMITED (REGISTERED NUMBER: 13739771)

REPORT OF THE DIRECTOR
for the Period 1 December 2022 to 29 November 2023

The director presents his report with the financial statements of the company for the period 1 December 2022 to 29 November 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the period under review was that of rental properties

DIRECTOR
Mr A C Kirkpatrick held office during the whole of the period from 1 December 2022 to the date of this report.

The director shown below was in office at 29 November 2023 but did not hold any interest in the following:


at 1 December 2022 or 29 November 2023.

Mr A C Kirkpatrick

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr A C Kirkpatrick - Director


20 September 2024

BRIDGE KP APARTMENTS LIMITED (REGISTERED NUMBER: 13739771)

BALANCE SHEET
29 November 2023

29.11.23 30.11.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 3,513 5,458
Investment property 5 437,291 437,291
440,804 442,749

CURRENT ASSETS
Debtors 6 760 1,128
Cash at bank and in hand 89,068 8,626
89,828 9,754
CREDITORS
Amounts falling due within one year 7 (326,802 ) (436,504 )
NET CURRENT LIABILITIES (236,974 ) (426,750 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

203,830

15,999

CREDITORS
Amounts falling due after more than one
year

8

(182,552

)

-

PROVISIONS FOR LIABILITIES (667 ) (1,037 )
NET ASSETS 20,611 14,962

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 20,511 14,862
SHAREHOLDERS' FUNDS 20,611 14,962

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 November 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 November 2023 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.

BRIDGE KP APARTMENTS LIMITED (REGISTERED NUMBER: 13739771)

BALANCE SHEET - continued
29 November 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 September 2024 and were signed by:





Mr A C Kirkpatrick - Director


BRIDGE KP APARTMENTS LIMITED (REGISTERED NUMBER: 13739771)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 1 December 2022 to 29 November 2023

1. STATUTORY INFORMATION

Bridge KP Apartments 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.

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.
Plant and machinery - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2022 - 1 ) .

BRIDGE KP APARTMENTS LIMITED (REGISTERED NUMBER: 13739771)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 December 2022 to 29 November 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 December 2022
and 29 November 2023 5,893
DEPRECIATION
At 1 December 2022 435
Charge for period 1,945
At 29 November 2023 2,380
NET BOOK VALUE
At 29 November 2023 3,513
At 30 November 2022 5,458

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022
and 29 November 2023 437,291
NET BOOK VALUE
At 29 November 2023 437,291
At 30 November 2022 437,291

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.11.23 30.11.22
£    £   
Other debtors 760 1,128

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.11.23 30.11.22
£    £   
Bank loans and overdrafts 11,606 -
Amounts owed to participating interests 313,001 433,750
Taxation and social security 1,695 2,034
Other creditors 500 720
326,802 436,504

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.11.23 30.11.22
£    £   
Bank loans 182,552 -

BRIDGE KP APARTMENTS LIMITED (REGISTERED NUMBER: 13739771)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 December 2022 to 29 November 2023

9. SECURED DEBTS

The following secured debts are included within creditors:

29.11.23 30.11.22
£    £   
Bank loans 194,158 -

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the periods ended 29 November 2023 and 30 November 2022:

29.11.23 30.11.22
£    £   
Mr A C Kirkpatrick
Balance outstanding at start of period 299 299
Amounts advanced 162 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 461 299

11. RELATED PARTY DISCLOSURES

During the year the company owed money to Kirkpatrick Construction Limited amounting to £313,001 (2022 : £433,750)
Mr Kirkpatrick is currently the director of Kirkpatrick Construction Limited

12. ULTIMATE CONTROLLING PARTY

The controlling party is Mr A C Kirkpatrick.