Bridge Lane Properties Limited

	Page
Company Information	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Page 1

Page 2

Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: 11788229

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		1,906		2,541
Investment Properties	6		1,080,000		1,058,063

			1,081,906		1,060,604
CURRENT ASSETS
Cash at bank and in hand		490		9,194

		490		9,194
Creditors: Amounts Falling Due Within One Year	7	(1,039,817 )		(1,082,051 )

NET CURRENT ASSETS (LIABILITIES)			(1,039,327 )		(1,072,857 )

TOTAL ASSETS LESS CURRENT LIABILITIES			42,579		(12,253 )

NET ASSETS/(LIABILITIES)			42,579		(12,253 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			42,479		(12,353 )

SHAREHOLDERS' FUNDS			42,579		(12,253)

Page 2

Page 3

Bridge Lane Properties Limited

Balance Sheet (continued)

As At 31 March 2025

For the 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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr S Houghton Director	Mrs A M Houghton Director
18/12/2025

The notes on pages 4 to 6 form part of these financial statements.

Page 3

Page 4

Bridge Lane Properties Limited

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

Bridge Lane Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11788229 . The registered office is 10 Chatsworth Avenue, Hendon, London, NW4 1HT.

2. Statement of Compliance

The financial statements have been prepared in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. Accounting Policies

3.1. Basis of Preparation of Financial Statements

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.

The financial statements are presented in Sterling (£) and figures are shown to the nearest whole pound.

3.2. Going Concern Disclosure

The accounts have been prepared on a going concern basis on the understanding that directors will continue to support the company for the foreseeable future.

3.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

3.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

25% on reducing balance

3.5. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

Page 4

Page 5

Bridge Lane Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

3.6. Taxation

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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

4. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

5. Tangible Assets

	Fixtures & Fittings
	£
Cost or Valuation
As at 1 April 2024	8,655

As at 31 March 2025	8,655

Depreciation
As at 1 April 2024	6,114
Provided during the period	635

As at 31 March 2025	6,749

Net Book Value
As at 31 March 2025	1,906

As at 1 April 2024	2,541

6. Investment Property

	2025
	£
Fair Value
As at 1 April 2024	1,058,063
Revaluations	21,937

As at 31 March 2025	1,080,000

Page 5

Page 6

Bridge Lane Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	8,287	-
Corporation tax	7,865	7,516
Accruals and deferred income	2,998	3,168
Directors' loan accounts	1,020,667	1,071,367

	1,039,817	1,082,051

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

9. Related Party Disclosures

Transactions with Directors

At the balance sheet date, the company owed 1,020,667 (2024: 1,071,367 ) to the directors of the company.

Page 6

Directors	Mr S Houghton
	Mrs A M Houghton

Company Number	11788229

Registered Office	10 Chatsworth Avenue
	Hendon
	London
	NW4 1HT

Accountants	Ripe LLP
	Chartered Accountants
	9a Burroughs Gardens
	London
	NW4 4AU