Bridge Facilities Engineers Limited

Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr S E Halsey

Mr B D Kirkbright

REGISTERED OFFICE:

Suite 106 Imex Centre

575-599 Maxted Road

Hemel Hempstead

Hertfordshire

HP2 7DX

REGISTERED NUMBER:

03887360 (England and Wales)

ACCOUNTANTS:

Hargreaves Owen Ltd

Chartered Certified Accountants

Red Sky House

Fairclough Hall, Halls Green

Weston

Hertfordshire

SG4 7DP

FIXED ASSETS

Tangible assets

4

48,900

25,389

CURRENT ASSETS

Stocks

49,420

55,781

Debtors

5

173,632

193,217

Cash at bank and in hand

328,829

436,452

551,881

685,450

CREDITORS

Amounts falling due within one year

6

180,997

181,161

NET CURRENT ASSETS

370,884

504,289

TOTAL ASSETS LESS CURRENT
LIABILITIES

419,784

529,678

CAPITAL AND RESERVES

Called up share capital

7

1,000

Retained earnings

418,784

528,678

SHAREHOLDERS' FUNDS

419,784

529,678

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2025 and were signed on its behalf by:

Mr S E Halsey - Director

1.	STATUTORY INFORMATION

Bridge Facilities Engineers Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

COST

At 1 April 2024

50,285

22,962

135,135

208,382

Additions

1,268

2,680

41,400

45,348

Disposals

-

(13,295

)

(13,295

)

At 31 March 2025

51,553

25,642

163,240

240,435

DEPRECIATION

At 1 April 2024

43,892

21,053

118,048

182,993

Charge for year

3,394

2,490

14,178

20,062

Eliminated on disposal

-

(11,520

)

(11,520

)

At 31 March 2025

47,286

23,543

120,706

191,535

NET BOOK VALUE

At 31 March 2025

4,267

2,099

42,534

48,900

At 31 March 2024

6,393

1,909

17,087

25,389

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

166,068

166,037

Other debtors

5,288

Prepayments

2,276

21,892

173,632

193,217

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other loans

1,500

-

Trade creditors

102,758

124,511

Corporation tax

79

(4,677

)

PAYE

13,926

15,311

VAT

55,325

42,845

Pension fund

1,996

858

Directors' current accounts

1,363

363

Accrued expenses

4,050

1,950

180,997

181,161

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

1,000

Ordinary shares

£1

1,000