Registration number: 08439244

Bridges Home Care Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Bridges Home Care Limited

Company Information

Directors

Mrs Wendy James Mrs Bonita Harrison

Registered office

Unit 4 City Limits Danehill Reading Berkshire RG6 4UP

Accountants

WoodWhite Accountants Ltd Unit 4 City Limits Danehill Reading Berkshire RG6 4UP

Bridges Home Care Limited

(Registration number: 08439244)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	24,781	32,985
Current assets
Stocks	5	1,065	1,065
Debtors	6	194,774	138,658
Cash at bank and in hand		336,759	357,953
		532,598	497,676
Creditors: Amounts falling due within one year	7	(160,272)	(203,440)
Net current assets		372,326	294,236
Total assets less current liabilities		397,107	327,221
Creditors: Amounts falling due after more than one year	7	(4,160)	(14,300)
Provisions for liabilities		(6,195)	(8,246)
Net assets		386,752	304,675
Capital and reserves
Called up share capital		100	100
Retained earnings		386,652	304,575
Shareholders' funds		386,752	304,675

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 3 June 2025 and signed on its behalf by:
 

Bridges Home Care Limited

(Registration number: 08439244)
Balance Sheet as at 31 March 2025

......................................... Mrs Wendy James Director

Bridges Home Care Limited

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

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Unit 4 City Limits
Danehill
Reading
Berkshire
RG6 4UP

These financial statements were authorised for issue by the Board on 3 June 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in the profit or loss account.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Bridges Home Care Limited

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

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% straight line
Furniture and fittings	25% straight line
Office equipment	33.33% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

Bridges Home Care Limited

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

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 71 (2024 - 67).

Bridges Home Care Limited

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

4	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 April 2024	50,553	320	34,866	85,739
Additions	-	-	1,865	1,865
Disposals	-	-	(17,031)	(17,031)
At 31 March 2025	50,553	320	19,700	70,573
Depreciation
At 1 April 2024	25,375	320	27,059	52,754
Charge for the year	6,592	-	3,477	10,069
Eliminated on disposal	-	-	(17,031)	(17,031)
At 31 March 2025	31,967	320	13,505	45,792
Carrying amount
At 31 March 2025	18,586	-	6,195	24,781
At 31 March 2024	25,178	-	7,807	32,985

5

Stocks

	2025 £	2024 £
Other inventories	1,065	1,065

6

Debtors

Current	2025 £	2024 £
Trade debtors	56,693	2,944
Prepayments	17,784	41,097
Other debtors	120,297	94,617
	194,774	138,658

Bridges Home Care Limited

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

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	10,648	10,648
Trade creditors		27,161	18,939
Taxation and social security		116,009	114,881
Accruals and deferred income		-	58,972
Other creditors		6,454	-
		160,272	203,440

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	4,160	14,300

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	4,160	14,300

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	10,648	10,648

9	Related party transactions