Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 10111644 Christopher Walsh Ian Trippier Neil Corney Fairfield Environmental Trust true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10111644 2023-05-31 10111644 2024-05-31 10111644 2023-06-01 2024-05-31 10111644 frs-core:CurrentFinancialInstruments 2024-05-31 10111644 frs-core:Non-currentFinancialInstruments 2024-05-31 10111644 frs-core:ComputerEquipment 2024-05-31 10111644 frs-core:ComputerEquipment 2023-06-01 2024-05-31 10111644 frs-core:ComputerEquipment 2023-05-31 10111644 frs-core:PlantMachinery 2024-05-31 10111644 frs-core:PlantMachinery 2023-06-01 2024-05-31 10111644 frs-core:PlantMachinery 2023-05-31 10111644 frs-core:ShareCapital 2024-05-31 10111644 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 10111644 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10111644 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 10111644 frs-bus:SmallEntities 2023-06-01 2024-05-31 10111644 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10111644 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 10111644 1 2023-06-01 2024-05-31 10111644 frs-bus:Director1 2023-06-01 2024-05-31 10111644 frs-bus:Director2 2023-06-01 2024-05-31 10111644 frs-bus:Director3 2023-06-01 2024-05-31 10111644 frs-core:CurrentFinancialInstruments 1 2024-05-31 10111644 frs-countries:EnglandWales 2023-06-01 2024-05-31 10111644 2022-05-31 10111644 2023-05-31 10111644 2022-06-01 2023-05-31 10111644 frs-core:CurrentFinancialInstruments 2023-05-31 10111644 frs-core:Non-currentFinancialInstruments 2023-05-31 10111644 frs-core:ShareCapital 2023-05-31 10111644 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 10111644 frs-core:CurrentFinancialInstruments 1 2023-05-31
Registered number: 10111644
Bridge 5 Mill Limited
Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10111644
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 155 297
155 297
CURRENT ASSETS
Stocks 5 641 641
Debtors 6 33,754 29,463
Cash at bank and in hand 35,757 65,044
70,152 95,148
Creditors: Amounts Falling Due Within One Year 7 (45,576 ) (39,904 )
NET CURRENT ASSETS (LIABILITIES) 24,576 55,244
TOTAL ASSETS LESS CURRENT LIABILITIES 24,731 55,541
Creditors: Amounts Falling Due After More Than One Year 8 (16,542 ) (24,865 )
NET ASSETS 8,189 30,676
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 8,188 30,675
SHAREHOLDERS' FUNDS 8,189 30,676
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For the year ending 31 May 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
Christopher Walsh
Director
26/02/2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Bridge 5 Mill Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10111644 . The registered office is Bridge 5 Mill, 22a Beswick Street, Ancoats, Manchester, M4 7HR.
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 office rents and services, event catering, staff recharges, and tuck shop sales.
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 3 and 5 year straight line
Computer Equipment 3 year straight line
2.4. Stocks and Work in Progress
Stocks is valued at the lower of cost and net realisable value. 
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2024 2023
Office and administration 2 2
2 2
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4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 June 2023 4,287 1,165 5,452
As at 31 May 2024 4,287 1,165 5,452
Depreciation
As at 1 June 2023 4,054 1,101 5,155
Provided during the period 78 64 142
As at 31 May 2024 4,132 1,165 5,297
Net Book Value
As at 31 May 2024 155 - 155
As at 1 June 2023 233 64 297
5. Stocks
2024 2023
£ £
Stock 641 641
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 30,135 29,189
Prepayments and accrued income 3,137 274
Other debtors 482 -
33,754 29,463
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 13,365 9,233
VAT 2,080 3,779
Other creditors 249 -
Bounce back loan 8,323 8,118
...CONTINUED
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Accruals and deferred income 2,806 3,774
Amounts owed to parent undertaking 15,000 15,000
Amounts owed to related parties 3,753 -
45,576 39,904
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bounce Back Loan > 1yr 16,542 24,865
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
10. Related Party Transactions
Chris Walsh is a director of the Kindling Trust. During the year the Kindling Trust was granted uncharged use of office space and services to the value of £10,400.
At the year end £15,000 was owed to the parent charity, Fairfield Environment Trust (2023: £15,000). Chris Walsh, Ian Trippier and Neil Corney are trustees of Fairfield Environmental Trust. The loan is unsecured, interest free and has no fixed repayment date.
At the year end £3,573 was owed to Fairfield Environmental Services (2023: Nil). Chris Walsh and Ian Trippier are directors of Fairfield Environmental Services. The loan is unsecured, interest free and has no fixed repayment date.
11. Ultimate Controlling Party
The company's ultimate controlling party is Fairfield Environmental Trust by virtue of his ownership of 100% of the issued share capital in the company. Fairfield Environmental Trust is registered at Bridge 5 Mill, 22a Beswick Street, Ancoats, Manchester, M4 7HR.
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