REGISTERED NUMBER: 09442024 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Newbridge Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

2,673,690

2,876,013

Tangible assets

5

45,379

3,640

2,719,069

2,879,653

CURRENT ASSETS

Debtors

6

66,885

50,479

Cash at bank and in hand

193,012

194,688

259,897

245,167

CREDITORS

Amounts falling due within one year

7

(570,925

)

(528,389

)

NET CURRENT LIABILITIES

(311,028

)

(283,222

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,408,041

2,596,431

CREDITORS

Amounts falling due after more than one year

8

(1,312,510

)

(1,672,795

)

NET ASSETS

1,095,531

923,636

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,095,431

923,536

1,095,531

923,636

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 10 October 2025 and were signed on its behalf by:

Mr J J Bullimore - Director

1.	STATUTORY INFORMATION

Newbridge Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

09442024

Registered office:

Westminster House

10 Westminster Road

Macclesfield

Cheshire

SK10 1BX

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 net of VAT and trade discounts.

When the outcome of a transaction can be estimated reliably, turnover from services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to finalisation of work completed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Improvements to property

-

10% on cost

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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 5 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

4,046,463

AMORTISATION

At 1 April 2024

1,170,450

Charge for year

202,323

At 31 March 2025

1,372,773

NET BOOK VALUE

At 31 March 2025

2,673,690

At 31 March 2024

2,876,013

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

-

9,591

10,985

20,576

Additions

27,000

11,969

7,130

46,099

At 31 March 2025

27,000

21,560

18,115

66,675

DEPRECIATION

At 1 April 2024

-

8,454

8,482

16,936

Charge for year

710

1,128

2,522

4,360

At 31 March 2025

710

9,582

11,004

21,296

NET BOOK VALUE

At 31 March 2025

26,290

11,978

7,111

45,379

At 31 March 2024

-

1,137

2,503

3,640

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

61,089

50,479

Other debtors

5,796

-

66,885

50,479

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

349,669

339,052

Taxation and social security

185,672

169,166

Other creditors

35,584

20,171

570,925

528,389

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

1,312,510

1,672,795

Amounts falling due in more than five years:

Repayable by instalments

Bank loan more than 5 year by installments

263,504

655,639

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Mr J J Bullimore and Mrs A L Bullimore

Balance outstanding at start of year

-

1,509

Amounts advanced

5,797

-

Amounts repaid

-

(1,509

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

5,797

-

Loans are interest free and repaid within 9 months of the year end.