IRIS Accounts Production v25.1.4.42 05574034 director 1.10.23 30.9.24 30.9.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh055740342023-09-30055740342024-09-30055740342023-10-012024-09-30055740342022-09-30055740342022-10-012023-09-30055740342023-09-3005574034ns15:EnglandWales2023-10-012024-09-3005574034ns14:PoundSterling2023-10-012024-09-3005574034ns10:Director12023-10-012024-09-3005574034ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3005574034ns10:SmallEntities2023-10-012024-09-3005574034ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3005574034ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3005574034ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3005574034ns10:FullAccounts2023-10-012024-09-3005574034ns5:CurrentFinancialInstruments2024-09-3005574034ns5:CurrentFinancialInstruments2023-09-3005574034ns5:ShareCapital2024-09-3005574034ns5:ShareCapital2023-09-3005574034ns5:RetainedEarningsAccumulatedLosses2024-09-3005574034ns5:RetainedEarningsAccumulatedLosses2023-09-3005574034ns10:RegisteredOffice2023-10-012024-09-3005574034ns5:ComputerEquipment2023-10-012024-09-3005574034ns5:ComputerEquipment2023-09-3005574034ns5:ComputerEquipment2024-09-3005574034ns5:ComputerEquipment2023-09-3005574034ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3005574034ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-30
REGISTERED NUMBER: 05574034 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

BRIDGEWATER AIR CONDITIONING LIMITED

BRIDGEWATER AIR CONDITIONING LIMITED (REGISTERED NUMBER: 05574034)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


BRIDGEWATER AIR CONDITIONING LIMITED (REGISTERED NUMBER: 05574034)

BALANCE SHEET
30 SEPTEMBER 2024

30/9/24 30/9/23
Notes £ £
FIXED ASSETS
Tangible assets 4 982 1,309

CURRENT ASSETS
Stocks 14,300 14,300
Debtors: amounts falling due within one year 5 244,932 168,754
Cash at bank 208,251 230,169
467,483 413,223
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

6

(170,036

)

(189,541

)
NET CURRENT ASSETS 297,447 223,682
TOTAL ASSETS LESS CURRENT
LIABILITIES

298,429

224,991

PROVISIONS FOR LIABILITIES (242 ) -
NET ASSETS 298,187 224,991

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 298,087 224,891
298,187 224,991

BRIDGEWATER AIR CONDITIONING LIMITED (REGISTERED NUMBER: 05574034)

BALANCE SHEET - continued
30 SEPTEMBER 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 June 2025 and were signed by:





B Claridge - Director


BRIDGEWATER AIR CONDITIONING LIMITED (REGISTERED NUMBER: 05574034)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Bridgewater Air Conditioning Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 05574034

Registered office: The Stables
Goblands Farm Business Centre
Cemetery Lane
Hadlow
Kent
TN11 0LT

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Income recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents the fair value of consideration received or receivable derived from the rendering of services to customers during the year (excluding value added tax) and is recognised when the company becomes entitled to it, usually on the rendering of an invoice.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments
The company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


BRIDGEWATER AIR CONDITIONING LIMITED (REGISTERED NUMBER: 05574034)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued
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 year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 1 October 2023
and 30 September 2024 9,377
DEPRECIATION
At 1 October 2023 8,068
Charge for year 327
At 30 September 2024 8,395
NET BOOK VALUE
At 30 September 2024 982
At 30 September 2023 1,309

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£ £
Trade debtors 173,947 168,754
Amounts owed by participating interests 64,425 -
Other debtors 6,560 -
244,932 168,754

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£ £
Trade creditors 39,501 96,390
Amounts owed to participating interests - 11,763
Taxation and social security 86,398 46,601
Other creditors 44,137 34,787
170,036 189,541