Bridger's Law Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11739009

Bridger's Law Limited

Filleted Unaudited Financial Statements

31 March 2025

Bridger's Law Limited

Financial Statements

Year ended 31 March 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Bridger's Law Limited

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Intangible assets	5	–	125,170
Tangible assets	6	48,788	78,209
		--------	---------
		48,788	203,379

Current assets

Debtors	7	435,392	296,228
Cash at bank and in hand		327,767	170,803
		---------	---------
		763,159	467,031

Creditors: amounts falling due within one year	8	333,807	173,775
		---------	---------
Net current assets		429,352	293,256
		---------	---------
Total assets less current liabilities		478,140	496,635

Creditors: amounts falling due after more than one year	9	93,972	120,444
		---------	---------
Net assets		384,168	376,191
		---------	---------

Capital and reserves

Called up share capital	1	1
Profit and loss account	384,167	376,190
	---------	---------
Shareholders funds	384,168	376,191
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

For the 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 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 .

Bridger's Law Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 24 September 2025 , and are signed on behalf of the board by:

Mr D G Bridger

Director

Company registration number: 11739009

Bridger's Law Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 10 Conqueror Court, Ground Floor Rear, Vellum Drive, Sittingbourne, Kent, ME10 5BB, United Kingdom.

2. Statement of compliance

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

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. 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.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses.

Research and development

Research expenditure is written off in the period in which it is incurred. Development expenditure incurred is capitalised as an intangible asset only when all of the following criteria are met: - It is technically feasible to complete the intangible asset so that it will be available for use or sale; - There is the intention to complete the intangible asset and use or sell it; - There is the ability to use or sell the intangible asset; - The use or sale of the intangible asset will generate probable future economic benefits; - There are adequate technical, financial and other resources available to complete the development and to use or sell the intangible asset; and - The expenditure attributable to the intangible asset during its development can be measured reliably. Expenditure that does not meet the above criteria is expensed as incurred.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Short leasehold property	-	25% straight line
Fixtures and fittings	-	25% straight line
Equipment	-	25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Defined contribution plans

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. Employee numbers

The average number of persons employed by the company during the year amounted to 29 (2024: 24 ).

5. Intangible assets

	Development costs
	£
Cost
At 1 April 2024	125,170
Additions	51,205
Other movements	( 176,375)
	---------
At 31 March 2025	–
	---------
Amortisation
At 1 April 2024 and 31 March 2025	–
	---------
Carrying amount
At 31 March 2025	–
	---------
At 31 March 2024	125,170
	---------

6. Tangible assets

	Short leasehold property	Fixtures and fittings	Equipment	Total
	£	£	£	£
Cost
At 1 April 2024	35,427	70,967	134,696	241,090
Additions	–	5,466	13,503	18,969
	--------	--------	---------	---------
At 31 March 2025	35,427	76,433	148,199	260,059
	--------	--------	---------	---------
Depreciation
At 1 April 2024	20,866	44,531	97,484	162,881
Charge for the year	8,856	12,925	26,609	48,390
	--------	--------	---------	---------
At 31 March 2025	29,722	57,456	124,093	211,271
	--------	--------	---------	---------
Carrying amount
At 31 March 2025	5,705	18,977	24,106	48,788
	--------	--------	---------	---------
At 31 March 2024	14,561	26,436	37,212	78,209
	--------	--------	---------	---------

7. Debtors

	2025	2024
	£	£
Trade debtors	95,321	62,313
Other debtors	340,071	233,915
	---------	---------
	435,392	296,228
	---------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	26,472	22,722
Trade creditors	1,293	3,747
Corporation tax	81,624	26,808
Social security and other taxes	129,946	63,842
Other creditors	94,472	56,656
	---------	---------
	333,807	173,775
	---------	---------

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	93,972	120,444
	--------	---------

10. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	78,587	40,296
Later than 1 year and not later than 5 years	181,530	132,745
Later than 5 years	30,800	61,600
	---------	---------
	290,917	234,641
	---------	---------

11. Directors' advances, credits and guarantees

At the year end the director owed the company £170,245 (2024: £131,786). During the year advances of £108,164 were made to the Director and repayments of £72,349. Interest of £2,644 (2024: £1,108) was charged on the loan at a rate of 2.25%.

12. Related party transactions

At the balance sheet date the company was owed £79,627 (2024: £80,802) from a company under common control. Amounts due to Siemens Financial Services Limited, and included in amounts due to creditors within one year and falling due after more than one year, are supported by a personal guarantee from a Director.