Registered number
09906579
Bridge Arts Management Limited
Filleted Accounts
31 March 2024
Bridge Arts Management Limited
Registered number: 09906579
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 - 747
Current assets
Cash at bank and in hand 8,126 33,528
Creditors: amounts falling due within one year 4 14,346 (18,377)
Net current assets 22,472 15,151
Net assets 22,472 15,898
Capital and reserves
Called up share capital 1 1
Profit and loss account 22,471 15,897
Shareholder's funds 22,472 15,898
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Bridget Canniere
Director
Approved by the board on 30 October 2024
Bridge Arts Management Limited
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Equipment 25% Reducing Balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2023 3,178
Additions 1,020
Disposals (4,198)
At 31 March 2024 -
Depreciation
At 1 April 2023 2,431
On disposals (2,431)
At 31 March 2024 -
Net book value
At 31 March 2024 -
At 31 March 2023 747
4 Creditors: amounts falling due within one year 2024 2023
£ £
Corporation tax 5,940 14,690
Other taxes and social security costs (693) 2,063
Director's loan account (20,553) 831
Other creditors 960 793
(14,346) 18,377
5 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
Bridget Canniere
Loans to directors (830) 51,495 (30,112) 20,553
(830) 51,495 (30,112) 20,553
6 Other information
Bridge Arts Management Limited is a private company limited by shares and incorporated in England. Its registered office is:
4 Percheron Close
Isleworth
Middlesex
TW7 6SS
Bridge Arts Management Limited 09906579 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts July 2024 Bridget Canniere No description of principal activity 09906579 2022-04-01 2023-03-31 09906579 core:WithinOneYear 2023-03-31 09906579 core:ShareCapital 2023-03-31 09906579 core:RetainedEarningsAccumulatedLosses 2023-03-31 09906579 2023-04-01 2024-03-31 09906579 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09906579 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 09906579 bus:Director40 2023-04-01 2024-03-31 09906579 1 2023-04-01 2024-03-31 09906579 2 2023-04-01 2024-03-31 09906579 core:PlantMachinery 2023-04-01 2024-03-31 09906579 bus:Director1 2023-04-01 2024-03-31 09906579 bus:Director1 1 2023-04-01 2024-03-31 09906579 countries:England 2023-04-01 2024-03-31 09906579 bus:FRS102 2023-04-01 2024-03-31 09906579 bus:FilletedAccounts 2023-04-01 2024-03-31 09906579 2024-03-31 09906579 core:WithinOneYear 2024-03-31 09906579 core:ShareCapital 2024-03-31 09906579 core:RetainedEarningsAccumulatedLosses 2024-03-31 09906579 core:PlantMachinery 2024-03-31 09906579 bus:Director1 1 2024-03-31 09906579 2023-03-31 09906579 core:PlantMachinery 2023-03-31 09906579 bus:Director1 1 2023-03-31 iso4217:GBP xbrli:pure