Caseware UK (AP4) 2023.0.135 2023.0.135 2025-03-312025-03-31truefalse22024-04-012falsefalseNo description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11895719 2024-04-01 2025-03-31 11895719 2023-04-01 2024-03-31 11895719 2025-03-31 11895719 2024-03-31 11895719 c:Director1 2024-04-01 2025-03-31 11895719 d:FreeholdInvestmentProperty 2024-04-01 2025-03-31 11895719 d:FreeholdInvestmentProperty 2025-03-31 11895719 d:FreeholdInvestmentProperty 2024-03-31 11895719 d:CurrentFinancialInstruments 2025-03-31 11895719 d:CurrentFinancialInstruments 2024-03-31 11895719 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 11895719 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 11895719 d:ShareCapital 2025-03-31 11895719 d:ShareCapital 2024-03-31 11895719 d:RetainedEarningsAccumulatedLosses 2025-03-31 11895719 d:RetainedEarningsAccumulatedLosses 2024-03-31 11895719 c:FRS102 2024-04-01 2025-03-31 11895719 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11895719 c:FullAccounts 2024-04-01 2025-03-31 11895719 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11895719 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 11895719









BRIDGE APPROACH INVESTMENTS LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

 
BRIDGE APPROACH INVESTMENTS LTD
REGISTERED NUMBER: 11895719

BALANCE SHEET
AS AT 31 MARCH 2025

2025
2025
2024
2024
Note
£
£
£
£

Fixed assets
  

Investment property
 4 
-
1,770,601

  
-
1,770,601

Current assets
  

Debtors: amounts falling due within one year
 5 
31,379
-

Cash at bank and in hand
 6 
481,738
162

  
513,117
162

Creditors: amounts falling due within one year
 7 
(513,017)
(1,851,161)

Net current assets/(liabilities)
  
 
 
100
 
 
(1,850,999)

Total assets less current liabilities
  
100
(80,398)

  

Net assets/(liabilities)
  
100
(80,398)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
-
(80,498)

Total equity
  
100
(80,398)


Page 1

 
BRIDGE APPROACH INVESTMENTS LTD
REGISTERED NUMBER: 11895719
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
A Andrews
Director

Date: 14 July 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
BRIDGE APPROACH INVESTMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

Bridge Approach Investments Limited is a private company limited by shares. The company is incorporated in England and the its registered office address is Aston House, Cornwall Avenue, London N3 1LF.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.6

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

Page 3

 
BRIDGE APPROACH INVESTMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Page 4

 
BRIDGE APPROACH INVESTMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)


2.10
Financial instruments (continued)

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).


4.


Investment property


Freehold investment property

£





At 1 April 2024
1,770,601


Additions at cost
219,248


Disposals
(1,989,849)



At 31 March 2025
-

The 2025 valuations were made by the directors, on an open market value for existing use basis.




5.


Debtors

2025
2024
£
£


Amounts owed by group undertakings
28,379
-

Other debtors
3,000
-

31,379
-


Page 5

 
BRIDGE APPROACH INVESTMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

6.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
481,738
162



7.


Creditors: Amounts falling due within one year

2025
2024
£
£

Bank loans
-
1,272,843

Amounts owed to group undertakings
-
35,584

Corporation tax
4,914
-

Other creditors
502,083
481,411

Accruals and deferred income
6,020
61,323

513,017
1,851,161


 
Page 6