Acorah Software Products - Accounts Production 15.0.600 false true false 1 August 2023 31 July 2024 31 July 2024 10727853 Mr Timothy Sluys Mr Parjinder Kang iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10727853 2023-07-31 10727853 2024-07-31 10727853 2023-08-01 2024-07-31 10727853 frs-core:CurrentFinancialInstruments 2024-07-31 10727853 frs-core:ComputerEquipment 2024-07-31 10727853 frs-core:ComputerEquipment 2023-08-01 2024-07-31 10727853 frs-core:ComputerEquipment 2023-07-31 10727853 frs-core:FurnitureFittings 2023-08-01 2024-07-31 10727853 frs-core:MotorVehicles 2023-08-01 2024-07-31 10727853 frs-core:PlantMachinery 2024-07-31 10727853 frs-core:PlantMachinery 2023-08-01 2024-07-31 10727853 frs-core:PlantMachinery 2023-07-31 10727853 frs-core:ShareCapital 2024-07-31 10727853 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 10727853 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 10727853 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 10727853 frs-bus:SmallEntities 2023-08-01 2024-07-31 10727853 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 10727853 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 10727853 frs-bus:Director1 2023-08-01 2024-07-31 10727853 frs-bus:Director2 2023-08-01 2024-07-31 10727853 frs-countries:EnglandWales 2023-08-01 2024-07-31
Registered number: 10727853
Bridge Wireless Solutions Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10727853
2024
Notes £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 5,643
Cash at bank and in hand 20,399
26,042
Creditors: Amounts Falling Due Within One Year 6 (1,189,630 )
NET CURRENT ASSETS (LIABILITIES) (1,163,588 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,163,588 )
NET LIABILITIES (1,163,588 )
CAPITAL AND RESERVES
Called up share capital 7 1
Profit and Loss Account (1,163,589 )
SHAREHOLDERS' FUNDS (1,163,588)
For the year ending 31 July 2024 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Timothy Sluys
Director
17 October 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Bridge Wireless Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10727853 . The registered office is The Clock House, Station Approach, Marlow, Buckinghamshire, SL7 1NT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery Straight Line Basis
Motor Vehicles Straight Line Basis
Fixtures & Fittings Straight Line Basis
Computer Equipment Straight Line Basis
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2
2
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 August 2023 21,905 - 21,905
As at 31 July 2024 21,905 - 21,905
Depreciation
As at 1 August 2023 - - -
Provided during the period - 21,905 21,905
As at 31 July 2024 - 21,905 21,905
Net Book Value
As at 31 July 2024 21,905 (21,905 ) -
As at 1 August 2023 21,905 - 21,905
Page 2
Page 3
5. Debtors
2024
£
Due within one year
Trade debtors 2,393
VAT 3,250
5,643
6. Creditors: Amounts Falling Due Within One Year
2024
£
Trade creditors (3,767 )
Bank loans and overdrafts 1,179,226
Colbur Ltd - Loan Account 12,671
Accruals and deferred income 1,500
1,189,630
7. Share Capital
2024
£
Allotted, Called up and fully paid 1
Page 3