Juniper Bridge Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06931336

Juniper Bridge Limited

Filleted Financial Statements

31 December 2024

Juniper Bridge Limited

Financial Statements

Period from 1 December 2023 to 31 December 2024

Contents	Page

Officers and professional advisers	1

Statement of financial position	2

Notes to the financial statements	3

Juniper Bridge Limited

Officers and Professional Advisers

The board of directors	Mr J Brady
	Mrs J I Tuffs

Registered office	Regus Manchester Airport
	Room 120 Manchester Business Park
	Aviator Way
	Manchester
	England
	M22 5TG

Auditor	Crossley & Davis Chartered Accountants
	Chartered accountants & statutory auditor
	Ground Floor, Seneca House
	Links Point
	Amy Johnson Way
	Blackpool
	Lancashire
	FY4 2FF

Juniper Bridge Limited

Statement of Financial Position

31 December 2024

	31 Dec 24	30 Nov 23
Note	£	£

Fixed assets

Intangible assets	5	–	200
Tangible assets	6	–	766
		----	----
		–	966

Current assets

Debtors	7	347,051	450,913
Cash at bank and in hand		1,907	42,630
		---------	---------
		348,958	493,543

Creditors: amounts falling due within one year	8	396,090	477,251
		---------	---------
Net current (liabilities)/assets		( 47,132)	16,292
		--------	--------
Total assets less current liabilities		( 47,132)	17,258

Provisions	–	146
	--------	--------
Net (liabilities)/assets	( 47,132)	17,112
	--------	--------

Capital and reserves

Called up share capital	9	100	100
Profit and loss account		( 47,232)	17,012
		--------	--------
Shareholders (deficit)/funds		( 47,132)	17,112
		--------	--------

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 statement of comprehensive income has not been delivered.

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.

These financial statements were approved by the board of directors and authorised for issue on 30 September 2025 , and are signed on behalf of the board by:

Mrs J I Tuffs

Director

Company registration number: 06931336

Juniper Bridge Limited

Notes to the Financial Statements

Period from 1 December 2023 to 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Regus Manchester Airport, Room 120 Manchester Business Park, Aviator Way, Manchester, M22 5TG, England.

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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably. When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Income tax

The taxation expense represents the aggregate amount of current and deferred 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.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, 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. 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.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Development costs	-	20% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

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. Any tangible assets carried at revalued amounts 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 equity, except to the extent 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 equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

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:

	Fixtures and fittings	-	20% - 33% on a straight line or reducing balance basis.

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. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units .

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised .

4. Employee numbers

The average number of persons employed by the company during the period amounted to 2 (2023: 1 ).

5. Intangible assets

	Development costs
	£
Cost
At 1 December 2023	198,301
Additions	–
Disposals	( 198,301)
	---------
At 31 December 2024	–
	---------
Amortisation
At 1 December 2023	198,101
Charge for the period	–
Disposals	( 198,101)
	---------
At 31 December 2024	–
	---------
Carrying amount
At 31 December 2024	–
	---------
At 30 November 2023	200
	---------

6. Tangible assets

	Fixtures and fittings
	£
Cost
At 1 December 2023	26,486
Disposals	( 26,486)
	--------
At 31 December 2024	–
	--------
Depreciation
At 1 December 2023	25,720
Charge for the period	175
Disposals	( 25,895)
	--------
At 31 December 2024	–
	--------
Carrying amount
At 31 December 2024	–
	--------
At 30 November 2023	766
	--------

7. Debtors

	31 Dec 24	30 Nov 23
	£	£
Trade debtors	–	126,904
Amounts owed by group undertakings and undertakings in which the company has a participating interest	347,051	292,140
Other debtors	–	31,869
	---------	---------
	347,051	450,913
	---------	---------

8. Creditors: amounts falling due within one year

	31 Dec 24	30 Nov 23
	£	£
Trade creditors	–	7,216
Amounts owed to group undertakings and undertakings in which the company has a participating interest	394,038	410,538
Social security and other taxes	2,052	54,904
Other creditors	–	4,593
	---------	---------
	396,090	477,251
	---------	---------

9. Called up share capital

Issued, called up and fully paid

	31 Dec 24		30 Nov 23
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

Each ordinary share shall confer on the holder one vote at any general meeting of the company. Each share has full rights in the company with respect to voting, dividends and distributions on winding up.

10. Change in reporting period

The financial statements presented are for a period of 13 months, which is longer than the typical 12 month period. This change is due to the alignment if the company's financial year end with that of its new parent company following the acquisition completed in December 2023.

Comparative amounts presented in these financial statements are not entirely comparable to the current period. The prior year figures are based on a different reporting period.

11. Events after the end of the reporting period

These financial statements have been prepared on a going concern basis. However, subsequent to the year end, on 31/01/2025, a decision was made to cease trading as part of a wider group reorganisation .

12. Limitation of auditors liability

The company entered into a liability limitation agreement with the auditor on 31 July 2025. The liability of the auditor in respect of any claim or claims made by the company is limited to £4,000,000 inclusive of interest of costs.

13. Summary audit opinion

The auditor's report dated 30 September 2025 was unqualified . The statutory auditor was Peter Swarbrick BSc FCA .

14. Related party transactions

Included within debtors are balances of £347,051 (2023 - £292,140) due from connected companies. Included within creditors are balances of £394,038 (2023 - £410,538) due to connected companies .

15. Controlling party

At the balance sheet date the parent company was Red Seven Technology Group Limited. This company forms part of the consolidated accounts of Dura Software UK, Ltd, a company registered in England and Wales, which can be found at their registered office 66 Lincoln's Inn Fields, London, WC2A 3LH. The ultimate parent company is Dura Software Inc , a company registered in the USA.