1 August 2023 v2025.46.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP096877832023-08-012024-07-31096877832024-07-31096877832023-07-3109687783core:WithinOneYear2024-07-3109687783core:WithinOneYear2023-07-3109687783core:ShareCapital2024-07-3109687783core:ShareCapital2023-07-3109687783core:RetainedEarningsAccumulatedLosses2024-07-3109687783core:RetainedEarningsAccumulatedLosses2023-07-3109687783bus:Director12023-08-012024-07-3109687783bus:Director22023-08-012024-07-3109687783bus:RegisteredOffice2023-08-012024-07-3109687783core:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-08-012024-07-3109687783core:OfficeEquipment2023-08-012024-07-3109687783core:MotorVehicles2023-08-012024-07-31096877832022-08-012023-07-3109687783core:IntangibleAssetsOtherThanGoodwill2023-08-0109687783core:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3109687783core:IntangibleAssetsOtherThanGoodwill2024-07-3109687783core:IntangibleAssetsOtherThanGoodwill2023-07-3109687783core:PlantMachinery2023-08-0109687783core:PlantMachinery2023-08-012024-07-3109687783core:PlantMachinery2024-07-3109687783core:PlantMachinery2023-07-310968778312023-08-012024-07-3109687783countries:EnglandWales2023-08-012024-07-3109687783bus:AuditExempt-NoAccountantsReport2023-08-012024-07-3109687783bus:PrivateLimitedCompanyLtd2023-08-012024-07-3109687783bus:SmallEntities2023-08-012024-07-3109687783bus:FullAccounts2023-08-012024-07-31
Company registration number:
09687783
Client Bridge Group Ltd
Unaudited Filleted Financial Statements for the year ended
31 July 2024
Client Bridge Group Ltd
Statement of Financial Position
31 July 2024
20242023
Note££
Fixed assets    
Intangible assets 5
706,856
 
544,786
 
Tangible assets 6
13,666
 
15,831
 
720,522
 
560,617
 
Current assets    
Debtors 7
207,372
 
244,674
 
Cash at bank and in hand
278,832
 
204,565
 
486,204
 
449,239
 
Creditors: amounts falling due within one year 8
(117,288
)
(102,043
)
Net current assets
368,916
 
347,196
 
Total assets less current liabilities 1,089,438   907,813  
Capital and reserves    
Called up share capital
1
 
1
 
Profit and loss account
1,089,437
 
907,812
 
Shareholders funds
1,089,438
 
907,813
 
For the year ending
31 July 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
25 July 2025
, and are signed on behalf of the board by:
T Cheung
A Myhill
DirectorDirector
Company registration number:
09687783
Client Bridge Group Ltd
Notes to the Financial Statements
Year ended
31 July 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Parker House
,
Buttermarket Street
,
Warrington
,
WA1 2NL
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Intangible assets

Intangible assets are initially measured at cost and are subsequently measured at cost less any accumulated amortisation and accumulated impairment losses or at a revalued amount. However, Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.
Any intangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Development costs
10% reducing balance

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment
25% reducing balance
Motor vehicles
25% reducing balance

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Average number of employees

The average number of persons employed by the company during the year was
1
(2023:
1
).

5 Intangible assets

Other intangible assets
£
Cost  
At
1 August 2023
757,560
 
Additions
240,610
 
At
31 July 2024
998,170
 
Amortisation  
At
1 August 2023
212,774
 
Charge
78,540
 
At
31 July 2024
291,314
 
Carrying amount  
At
31 July 2024
706,856
 
At 31 July 2023
544,786
 

6 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 August 2023
35,992
 
Additions
1,938
 
At
31 July 2024
37,930
 
Depreciation  
At
1 August 2023
20,161
 
Charge
4,103
 
At
31 July 2024
24,264
 
Carrying amount  
At
31 July 2024
13,666
 
At 31 July 2023
15,831
 

7 Debtors

20242023
££
Trade debtors
216,630
 
254,674
 
Amounts owed by group undertakings and undertakings in which the company has a participating interest
(10,000
)
(10,000
)
Other debtors
742
  -  
207,372
 
244,674
 

8 Creditors: amounts falling due within one year

20242023
££
Taxation and social security
116,698
 
101,100
 
Other creditors
590
 
943
 
117,288
 
102,043