REGISTERED NUMBER: 15398204 (England and Wales)

BRIDGE HOUSE RESIDENTIAL LETTINGS

LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

9 JANUARY 2024 TO 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

R D Jordan

D D Jordan

Mrs A Jordan

Miss T M Jordan

REGISTERED OFFICE:

Bridge House

128 High Street

Great Barford

Bedfordshire

MK44 3LF

REGISTERED NUMBER:

15398204 (England and Wales)

ACCOUNTANTS:

Gibbons Mannington & Phipps LLP

Chartered Accountants

82 High Street

Tenterden

Kent

TN30 6JG

FIXED ASSETS

Tangible assets

4

-

Investments

5

3,516

Investment property

6

16,673,668

16,677,184

CURRENT ASSETS

Debtors

7

40,484

Cash at bank

725,017

765,501

CREDITORS

Amounts falling due within one year

8

303,263

NET CURRENT ASSETS

462,238

TOTAL ASSETS LESS CURRENT LIABILITIES

17,139,422

CAPITAL AND RESERVES

Called up share capital

9

90

Share premium

16,809,046

Retained earnings

330,286

SHAREHOLDERS' FUNDS

17,139,422

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

The members have not required the company to obtain an audit of its financial statements for the period 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 25 November 2025 and were signed on its behalf by:

D D Jordan - Director

Miss T M Jordan - Director

1.	STATUTORY INFORMATION

Bridge House Residential Lettings 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Investment property

Investment property is included at market value. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss

Taxation

Taxation for the period 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 period 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.

Turnover

Turnover consists of rental income receivable on furnished holiday lets, excluding letting charges and rebates. Furnished holiday letting income also excludes value added tax.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

Additions

9,312

At 31 March 2025

9,312

DEPRECIATION

Charge for period

9,312

At 31 March 2025

9,312

NET BOOK VALUE

At 31 March 2025

-

5.	FIXED ASSET INVESTMENTS

Other

investmen

£

COST

Additions

3,516

At 31 March 2025

3,516

NET BOOK VALUE

At 31 March 2025

3,516

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

17,016,668

Disposals

(343,000

)

At 31 March 2025

16,673,668

NET BOOK VALUE

At 31 March 2025

16,673,668

Investment property was acquired at Market Value on incorporation from Bridge House Residential Partnership. The values of the properties were £16,850,000 and the valuation was undertaken by Mr D W Clifton BSc FRICS of Cliftons Property. The valuation is deemed to still be accurate reflection of Market Value by the directors as of 31 March 2025. Variances to this valuation above is due to acquisitions or disposals in year.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

11,587

Other debtors

28,897

40,484

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

193

Taxation and social security

147,541

Other creditors

155,529

303,263

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

90

Ordinary

£1

90

2 Ordinary shares of £1 each were allotted by the company upon incorporation.

88 Ordinary shares of £1 each were allotted and fully paid later in the period, with non cash consideration. The 88 shares allotted during the period were allotted as consideration for the excess value of assets over the amount of assumed liabilities that were transferred as part of a business to the company by the transferors party to an incorporation agreement dated 5 April 2024.

10.	RELATED PARTY DISCLOSURES

During the year, Mr R D Jordan and Mrs A Jordan loaned the company £117,696. No interest has been charged on the loan. The balance due at the year end was £117,696 and there are no terms for repayment. This balance is included in other creditors.

11.	POST BALANCE SHEET EVENTS

Mrs A Jordan resigned as a director on 9 June 2025, after the year end. This event has no impact on the figures reported in these financial statements.