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REGISTERED NUMBER: NI063489 (Northern Ireland)














Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Freightbridge Ltd
Freightbridge Ltd (Registered number: NI063489)

Contents of the Financial Statements
for the Year Ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Freightbridge Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTORS: Ms L A E De Caestecker
Mr A W Stewart





SECRETARY: Ms M Stewart





REGISTERED OFFICE: 47 Mallusk Enterprise Park
Mallusk Drive
Newtownabbey
Co. Antrim
BT36 4GN





REGISTERED NUMBER: NI063489 (Northern Ireland)





ACCOUNTANTS: M.B.McGrady & Co
Chartered Accountants
Suite 2B
Cadogan House
322 Lisburn Road
Belfast
Co. Antrim
BT9 6GH
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Freightbridge Ltd (Registered number: NI063489)

Balance Sheet
31 March 2025

31/3/25 31/3/24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 25,000 37,500
Tangible assets 5 5,579 4,901
Investments 6 4,900 4,900
35,479 47,301

CURRENT ASSETS
Debtors 7 587,697 577,939
Cash at bank and in hand 470,189 338,059
1,057,886 915,998
CREDITORS
Amounts falling due within one year 8 464,131 380,656
NET CURRENT ASSETS 593,755 535,342
TOTAL ASSETS LESS CURRENT
LIABILITIES
629,234
582,643

PROVISIONS FOR LIABILITIES 1,060 931
NET ASSETS 628,174 581,712

CAPITAL AND RESERVES
Called up share capital 150,000 150,000
Retained earnings 478,174 431,712
628,174 581,712

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 notes form part of these financial statements

2 continued...
Freightbridge Ltd (Registered number: NI063489)

Balance Sheet - continued
31 March 2025


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 12 November 2025 and were signed on its behalf by:





Mr A W Stewart - Director


The notes form part of these financial statements

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Freightbridge Ltd (Registered number: NI063489)

Notes to the Financial Statements
for the Year Ended 31 March 2025


1. STATUTORY INFORMATION

Freightbridge Ltd is a private company, limited by shares , registered in Northern Ireland. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business 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.
Plant and machinery etc - 20% on reducing balance

Investments in associates
Investments in associate undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred 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 or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4 continued...
Freightbridge Ltd (Registered number: NI063489)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


2. ACCOUNTING POLICIES - continued

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 7 (2024 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 250,000
AMORTISATION
At 1 April 2024 212,500
Charge for year 12,500
At 31 March 2025 225,000
NET BOOK VALUE
At 31 March 2025 25,000
At 31 March 2024 37,500

5 continued...
Freightbridge Ltd (Registered number: NI063489)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 28,650
Additions 2,072
At 31 March 2025 30,722
DEPRECIATION
At 1 April 2024 23,749
Charge for year 1,394
At 31 March 2025 25,143
NET BOOK VALUE
At 31 March 2025 5,579
At 31 March 2024 4,901

6. FIXED ASSET INVESTMENTS
Investment Investment
in in
associate Subsidiaries Totals
£    £    £   
COST
At 1 April 2024
and 31 March 2025 2,400 2,500 4,900
NET BOOK VALUE
At 31 March 2025 2,400 2,500 4,900
At 31 March 2024 2,400 2,500 4,900

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/25 31/3/24
£    £   
Trade debtors 370,057 365,689
Amounts owed by participating interests 175,870 180,870
Other debtors 41,770 31,380
587,697 577,939

6 continued...
Freightbridge Ltd (Registered number: NI063489)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/25 31/3/24
£    £   
Trade creditors 206,943 141,613
Amounts owed to group undertakings 147,936 147,936
Taxation and social security 25,222 10,165
Other creditors 84,030 80,942
464,131 380,656

9. RELATED PARTY DISCLOSURES

At 31 March 2025, Alan Stewart, the director had an overdrawn current account of £15,433. This was repaid within 9 months of the accounting period end date.

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