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Registration number: 9533176

The Bridge Group Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2025

 

The Bridge Group Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

The Bridge Group Limited

Company Information

Directors

D Clarke

P Heyes

Registered office

11 First Floor
Red Lion Way
Wooburn Green
Bucks
HP10 0HT

 

The Bridge Group Limited

(Registration number: 9533176)
Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

961

1,543

Current assets

 

Debtors

5

2,252

33,164

Cash at bank and in hand

 

85

5,910

 

2,337

39,074

Creditors: Amounts falling due within one year

6

(19,244)

(44,029)

Net current liabilities

 

(16,907)

(4,955)

Total assets less current liabilities

 

(15,946)

(3,412)

Creditors: Amounts falling due after more than one year

6

(14,866)

(18,109)

Net liabilities

 

(30,812)

(21,521)

Capital and reserves

 

Called up share capital

1,395

1,395

Retained earnings

(32,207)

(22,916)

Shareholders' deficit

 

(30,812)

(21,521)

For the financial year ending 31 March 2025 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 accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 19 August 2025 and signed on its behalf by:
 

.........................................
D Clarke
Director

.........................................
P Heyes
Director

 

The Bridge Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in England. The address of the registered office is given in the company information page of these financial statements.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Revenue from the provision of services is recognised when it is probable that the economic benefits associated with the transaction will flow to the company and the revenue and associated costs can be reliably measured. For continuing services, revenue is recognised by reference to the stage of completion of the contract at the balance sheet date, measured using a percentage of completion method. This stage of completion is determined by assessing the proportion of costs incurred to date compared to the total estimated costs for each contract.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

The Bridge Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 3).

 

The Bridge Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 April 2024

2,803

2,803

At 31 March 2025

2,803

2,803

Depreciation

At 1 April 2024

1,260

1,260

Charge for the year

582

582

At 31 March 2025

1,842

1,842

Carrying amount

At 31 March 2025

961

961

At 31 March 2024

1,543

1,543

5

Debtors

Current

2025
£

2024
£

Trade debtors

1,560

18,799

Other debtors

692

14,365

 

2,252

33,164

6

Creditors

Creditors: amounts falling due within one year

Note

2025
£

2024
£

Due within one year

 

Loans and borrowings

7

3,470

3,883

Trade creditors

 

-

198

Taxation and social security

 

744

17,571

Accruals and deferred income

 

1,501

10,299

Other creditors

 

13,529

12,078

 

19,244

44,029

 

The Bridge Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Creditors: amounts falling due after more than one year

Note

2025
£

2024
£

Due after one year

 

Loans and borrowings

7

14,750

17,931

Other financial liabilities

 

116

178

 

14,866

18,109

7

Loans and borrowings

Non-current loans and borrowings

2025
£

2024
£

Bank borrowings

14,750

17,931

Current loans and borrowings

2025
£

2024
£

Bank borrowings

3,470

3,883