REGISTERED NUMBER: OC378028 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Newbridge Advisors LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

R J Dodson

New House Finance Limited

REGISTERED OFFICE:

46 New Broad Street

London

EC2M 1JH

REGISTERED NUMBER:

OC378028 (England and Wales)

ACCOUNTANTS:

Sterling Partners Ltd

Chartered Accountants

Chartered Tax Advisors

Units 14

7 Wenlock Road

London

N1 7SL

FIXED ASSETS

Tangible assets

4

19,736

5,841

CURRENT ASSETS

Debtors

5

786,772

313,741

Cash at bank

433,352

809,441

1,220,124

1,123,182

CREDITORS

Amounts falling due within one year

6

(292,567

)

(337,521

)

NET CURRENT ASSETS

927,557

785,661

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

947,293

791,502

LOANS AND OTHER DEBTS DUE TO MEMBERS

947,293

791,502

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

947,293

791,502

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2025.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 16 July 2025 and were signed by:

R J Dodson - Designated member

1.	STATUTORY INFORMATION

Newbridge Advisors LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. 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.

Fixtures, fittings & equipment

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Pension costs and other post-retirement benefits

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

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 6 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

Computer

& equipment

equipment

Totals

£

£

£

COST

At 1 April 2024

5,324

8,495

13,819

Additions

-

20,474

20,474

At 31 March 2025

5,324

28,969

34,293

DEPRECIATION

At 1 April 2024

4,996

2,982

7,978

Charge for year

82

6,497

6,579

At 31 March 2025

5,078

9,479

14,557

NET BOOK VALUE

At 31 March 2025

246

19,490

19,736

At 31 March 2024

328

5,513

5,841

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

765,571

299,057

Amounts owed by participating interests

-

496

Rent deposit

15,233

13,603

Prepayments and accrued income

5,968

585

786,772

313,741

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

116,432

12,034

Amounts owed to participating interests

1,499

2,195

Social security and other taxes

15,526

13,006

Staff pensions

3,437

-

VAT

147,829

306,778

Other creditors

1,994

(1,677

)

Accrued expenses

5,850

5,185

292,567

337,521

7.	OTHER FINANCIAL COMMITMENTS

The company had outstanding commitments in respect of operating leases as at 31 March 2025 of £46,890 (2024: £50,400).