Bridgedevelopment Property Finance Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 09765065 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

BRIDGEDEVELOPMENT PROPERTY FINANCE

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTOR:

P A Mabb

REGISTERED OFFICE:

Office 7

35-37 Ludgate Hill

London

EC4M 7JN

REGISTERED NUMBER:

09765065 (England and Wales)

ACCOUNTANTS:

Ashdown Hurrey

Chartered Accountants & Business Advisers

20 Havelock Road

Hastings

East Sussex

TN34 1BP

FIXED ASSETS

Tangible assets

4

2,390

2,514

Investments

5

1

2,391

2,515

CURRENT ASSETS

Debtors

6

4,522

21,303

Cash at bank

33,691

48,510

38,213

69,813

CREDITORS

Amounts falling due within one year

7

15,232

10,441

NET CURRENT ASSETS

22,981

59,372

TOTAL ASSETS LESS CURRENT
LIABILITIES

25,372

61,887

CREDITORS

Amounts falling due after more than one
year

8

(15,462

)

(19,679

)

PROVISIONS FOR LIABILITIES

(454

)

(478

)

NET ASSETS

9,456

41,730

CAPITAL AND RESERVES

Called up share capital

4

Retained earnings

9,452

41,726

SHAREHOLDERS' FUNDS

9,456

41,730

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 9 January 2026 and were signed by:

P A Mabb - Director

1.	STATUTORY INFORMATION

Bridgedevelopment Property Finance 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.

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.

The directors have made an assessment about the company's ability to continue as a going concern and they do not consider there to be any material uncertainties. As a result they have adopted the going concern basis of accounting.

Turnover

Turnover is measured at invoice amount and is recognised when the company obtains the right to consideration.

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

-

25% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST

At 1 October 2024

-

9,476

14,965

24,441

Additions

306

-

260

566

At 30 September 2025

306

9,476

15,225

25,007

DEPRECIATION

At 1 October 2024

-

6,992

14,935

21,927

Charge for year

77

497

116

690

At 30 September 2025

77

7,489

15,051

22,617

NET BOOK VALUE

At 30 September 2025

229

1,987

174

2,390

At 30 September 2024

-

2,484

30

2,514

5.	FIXED ASSET INVESTMENTS

The company holds an investment in Recovery Loan Scheme Limited, a 100% subsidiary of Bridgedevelopment Property Finance Limited.

The subsidiary is dormant and both the cost and deemed market value of this investment is £1.00.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

Trade debtors

-

13,781

Other debtors

4,522

7,522

4,522

21,303

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

Bank loans and overdrafts

4,217

Trade creditors

204

-

Tax

2,856

591

Social security & unpaid wages

2,184

(1,138

)

Directors' current accounts

4,392

5,451

Accrued expenses

1,379

1,320

15,232

10,441

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

Bank loans - 1-2 years

4,217

Bank loans - 2-5 years

11,245

15,462

19,679

9.	RELATED PARTY DISCLOSURES

At the year end, the company owed the director £4,392 (2024: £5,451). This loan is interest free and repayable on demand.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bridgedevelopment Property Finance Limited for the year ended 30 September 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at icaew.com/membershandbook.

This report is made solely to the director of Bridgedevelopment Property Finance Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bridgedevelopment Property Finance Limited and state those matters that we have agreed to state to the director of Bridgedevelopment Property Finance Limited in this report in accordance with icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bridgedevelopment Property Finance Limited and its director for our work or for this report.

It is your duty to ensure that Bridgedevelopment Property Finance Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bridgedevelopment Property Finance Limited. You consider that Bridgedevelopment Property Finance Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Bridgedevelopment Property Finance Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Ashdown Hurrey

Chartered Accountants & Business Advisers

20 Havelock Road

Hastings

East Sussex

TN34 1BP

9 January 2026