Company registration number:
11292137
Bridgelink Properties Limited
Unaudited filleted financial statements
30 April 2024
Bridgelink Properties Limited
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Bridgelink Properties Limited
Directors and other information
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Directors |
Mr Ronald Paul Scott |
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Mrs Deborah Anne Scott |
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Mr Steven John Scott |
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Ms Jacqueline Susan Scott |
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Company number |
11292137 |
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Registered office |
8 Domingo Street |
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Clerkenwell |
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London |
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EC1Y 0TA |
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Business address |
8 Domingo Street |
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Clerkenwell |
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London |
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EC1Y 0TA |
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Accountants |
Kay Peters & Co |
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8 Domingo Street |
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Clerkenwell |
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London |
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EC1Y 0TA |
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Bridgelink Properties Limited
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Bridgelink Properties Limited
Year ended 30 April 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bridgelink Properties Limited for the year ended 30 April 2024 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.
This report is made solely to the board of directors of Bridgelink Properties Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Bridgelink Properties Limited and state those matters that we have agreed to state to the board of directors of Bridgelink Properties Limited as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global /Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bridgelink Properties Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Bridgelink Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bridgelink Properties Limited. You consider that Bridgelink Properties Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Bridgelink Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Kay Peters & Co
Chartered Certified Acountants
8 Domingo Street
Clerkenwell
London
EC1Y 0TA
Bridgelink Properties Limited
Statement of financial position
30 April 2024
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2024 |
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2023 |
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£ |
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£ |
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Fixed assets |
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1,203,995 |
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1,204,994 |
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_______ |
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_______ |
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Current assets |
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13,793 |
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17,473 |
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Creditors: amounts falling due within one year |
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- |
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(
14,708) |
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_______ |
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_______ |
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Net current assets |
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13,793 |
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2,765 |
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Total assets less current liabilities |
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1,217,788 |
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1,207,759 |
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Creditors: amounts falling due after more than one year |
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(
768,602) |
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833,602) |
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Provisions for liabilities |
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(
108,000) |
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74,000) |
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Accruals and deferred income |
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(
3,184) |
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(
4,864) |
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_______ |
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Net assets |
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338,002 |
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295,293 |
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Capital and reserves |
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338,002 |
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295,293 |
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Bridgelink Properties Limited
Year ended 30 April 2024
Notes to the financial statements
1.
Directors advances, credits and guarantees
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During the year the directors entered into the following advances and credits with the company: |
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2024 |
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Balance brought forward |
Advances /(credits) to the directors |
Amounts repaid |
Balance o/standing |
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£ |
£ |
£ |
£ |
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Mr Ronald Paul Scott |
(
158,934) |
- |
- |
(
158,934) |
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Mrs Deborah Anne Scott |
(
261,880) |
- |
- |
(
261,880) |
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Mr Steven John Scott |
(
152,044) |
- |
- |
(
152,044) |
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Ms Jacqueline Susan Scott |
(
260,744) |
- |
- |
(
260,744) |
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_______ |
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_______ |
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(
833,602) |
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- |
(
833,602) |
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_______ |
_______ |
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2023 |
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Balance brought forward |
Advances /(credits) to the directors |
Amounts repaid |
Balance o/standing |
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£ |
£ |
£ |
£ |
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Mr Ronald Paul Scott |
(
169,665) |
(
19,269) |
30,000 |
(
158,934) |
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Mrs Deborah Anne Scott |
(
279,721) |
(
12,159) |
30,000 |
(
261,880) |
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Mr Steven John Scott |
(
169,885) |
(
12,159) |
30,000 |
(
152,044) |
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Ms Jacqueline Susan Scott |
(
278,585) |
(
12,159) |
30,000 |
(
260,744) |
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_______ |
_______ |
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(
897,856) |
(
55,746) |
120,000 |
(
833,602) |
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The director loans were generated at the incorporation of the company on the introduction of the commercial properties. The loans are repayable in equal annual instalments over 6 years. Interest is charged at the directors' discretion.
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
31 January 2025
, and are signed on behalf of the board by:
Mr Ronald Paul Scott
Mrs Deborah Anne Scott
Director
Director
Company registration number:
11292137
The company is a private company limited by shares, registered in England and Wales.