Acorah Software Products - Accounts Production 16.8.310 false true true 20 February 2024 1 March 2023 false 21 February 2024 20 February 2025 20 February 2025 OC322049 Mr Daren Simcox iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC322049 2024-02-20 OC322049 2025-02-20 OC322049 2024-02-21 2025-02-20 OC322049 frs-core:CurrentFinancialInstruments 2025-02-20 OC322049 frs-core:Non-currentFinancialInstruments 2025-02-20 OC322049 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-02-20 OC322049 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-02-21 2025-02-20 OC322049 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-02-20 OC322049 frs-core:RevaluationReserve 2024-02-20 OC322049 frs-bus:LimitedLiabilityPartnershipLLP 2024-02-21 2025-02-20 OC322049 frs-bus:LimitedLiabilityPartnershipsSORP 2024-02-21 2025-02-20 OC322049 frs-bus:FilletedAccounts 2024-02-21 2025-02-20 OC322049 frs-bus:SmallEntities 2024-02-21 2025-02-20 OC322049 frs-bus:AuditExempt-NoAccountantsReport 2024-02-21 2025-02-20 OC322049 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-21 2025-02-20 OC322049 frs-countries:EnglandWales 2024-02-21 2025-02-20 OC322049 frs-bus:PartnerLLP1 2024-02-21 2025-02-20 OC322049 2023-02-28 OC322049 2024-02-20 OC322049 2023-03-01 2024-02-20 OC322049 frs-core:CurrentFinancialInstruments 2024-02-20 OC322049 frs-core:Non-currentFinancialInstruments 2024-02-20 OC322049 frs-core:OtherReservesSubtotal 2023-02-28 OC322049 frs-core:RevaluationReserve 2023-02-28
Registered number: OC322049
Bridgman House LLP
Unaudited Financial Statements
For The Year Ended 20 February 2025
Bridgman House LLP
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Reconciliation of Members' Interests | 3—5
Notes to the Financial Statements | 5—6

Page 1
Bridgman House LLP
Balance Sheet
As At 20 February 2025
Balance Sheet
Registered number: OC322049

| 20 February 2025 | 20 February 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 2,110,000 |  | 1,724,122
|  |  | 2,110,000 |  | 1,724,122
CURRENT ASSETS
Debtors | 5 | 1,411 |  | - |
Cash at bank and in hand |  | 7,484 |  | 7,956 |
|  | 8,895 |  | 7,956 |
Creditors: Amounts Falling Due Within One Year | 6 | (16,153 ) |  | (16,568 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (7,258 ) |  | (8,612 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,102,742 |  | 1,715,510
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (189,657 ) |  | (204,571 )
NET ASSETS ATTRIBUTABLE TO MEMBERS |  |  | 1,913,085 |  | 1,510,939
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability |  | 1,674 |  | 1,674 |
Other amounts |  | 739,954 |  | 723,686 |
|  |  | 741,628 |  | 725,360
Equity
Members' other interests
Revaluation reserve |  | 1,171,457 |  | 785,579 |
|  |  | 1,171,457 |  | 785,579
|  |  | 1,913,085 |  | 1,510,939
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year |  |  | 741,628 |  | 725,360
Members' other interests |  |  | 1,171,457 |  | 785,579
|  |  | 1,913,085 |  | 1,510,939

Page 1
Page 2
Bridgman House LLP
Balance Sheet (continued)
As At 20 February 2025
For the year ending 20 February 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)
The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.
On behalf of the members

Mr Daren Simcox Designated Member
20/02/2026

The notes on pages 5 to 6 form part of these financial statements.
Page 2
Page 3
Bridgman House LLP
Reconciliation of Members' Interests
For The Year Ended 20 February 2025
Reconciliation of Members' Interests

| EQUITY | DEBT
--- | --- | ---
| Members' other interests | Loans and other debts due to members less any amounts due from members in debtors
| Revaluation Reserve | Other Reserves | Total Equity | Members'Capital classified as Debt
| £ | £ | £ | £
Amounts due to members | - | - | - | -
Balance at 1 March 2023 | 785,579 | - | 785,579 | -
Profit/(loss) for the financial year available for discretionary division among members | - | 76,937 | 76,937 | -
Members' interests after profit/(loss) for the year | 785,579 | 76,937 | 862,516 | -
Other divisions of profits (losses) | - | (76,937) | (76,937) | -
Introduced by members | - | - | - | 1,674
Drawings | - | - | - | -
Amounts due to members | - | - | - | 1,674
As at 20 February 2024 and 21 February 2024 | 785,579 | - | 785,579 | 1,674
Profit/(loss) for the financial year available for discretionary division among members | - | 2,884 | 2,884 | -
Members' interests after profit/(loss) for the year | 785,579 | 2,884 | 788,463 | 1,674
Other divisions of profits (losses) | - | (2,884) | (2,884) | -
Surplus arising on revaluation of fixed assets | 385,878 | - | 385,878 | -
Drawings | - | - | - | -
Amounts due to members | - | - | - | 1,674
As at 20 February 2025 | 1,171,457 | - | 1,171,457 | 1,674

| DEBT
--- | ---
| Loans and other debts due to members less any amounts due from members in debtors
| Other amounts | Total Debts | Total members' interest
| £ | £ | £
Amounts due to members | 698,670 | 698,670 | -
Balance at 1 March 2023 | 698,670 | 698,670 | 1,484,249
Profit/(loss) for the financial year available for discretionary division among members | - | - | 76,937
Members' interests after profit/(loss) for the year | 698,670 | 698,670 | 1,561,186

...CONTINUED
Page 3
Page 4
Bridgman House LLP
Reconciliation of Members' Interests (continued)
For The Year Ended 20 February 2025

Other divisions of profits (losses) | 76,937 | 76,937 | -
Introduced by members | - | 1,674 | 1,674
Drawings | (51,921) | (51,921) | (51,921)
Amounts due to members | 723,686 | 725,360 | -
As at 20 February 2024 and 21 February 2024 | 723,686 | 725,360 | 1,510,939
Profit/(loss) for the financial year available for discretionary division among members | - | - | 2,884
Members' interests after profit/(loss) for the year | 723,686 | 725,360 | 1,513,823
Other divisions of profits (losses) | 2,884 | 2,884 | -
Surplus arising on revaluation of fixed assets | - | - | 385,878
Drawings | 13,384 | 13,384 | 13,384
Amounts due to members | 739,954 | 741,628 | -
As at 20 February 2025 | 739,954 | 741,628 | 1,913,085

Page 4
Page 5
Bridgman House LLP
Notes to the Financial Statements
For The Year Ended 20 February 2025
Notes to the Financial Statements
1. General Information
Bridgman House LLP is a limited liability partnership, incorporated in England & Wales, registered number OC322049 . The Registered Office is 18 Tiverton Road, Ruislip, Middlesex, HA4 0BW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).
The financial statements are prepared in sterling which is the functional currency of the LLP.
2.2. Going Concern Disclosure
The members have not identified any material uncertainties related to events or conditions that may cast significant doubt about the LLP's ability to continue as a going concern.
2.3. Turnover
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the LLP
and the revenue can be reliably measured. Revenue is measured as the fair value of the
consideration received or receivable, excluding discounts, rebates, value added tax and other sales
taxes. The following criteria must also be met before revenue is recognised:
- the amount of revenue can be measured reliably;
- it is probable that the LLP will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured reliably;
and
- the costs incurred and the costs to complete the contract can be measured reliably.
Revenue represents rent receivable in respect of the year, and is recognised in accordance with the
occupancy of the LLP's investment property.
2.4. 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:

Leasehold | 0

2.5. 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.
2.6. Financial Instruments
The LLP only enters into basic financial instrument transactions that result in the recognition of
financial assets and liabilities like trade and other debtors and creditors, loans from banks and other
third parties, loans to related parties and investments in ordinary shares.
2.7. Revaluation of tangible fixed assets
Individual properties are carried at current year value at fair value at the date of the revaluation less
any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ
materially from that which would be determined using fair value at the balance sheet date. Fair values
are determined from market based evidence.
Revaluation gains and losses are recognised in the statement of comprehensive income unless
losses exceed the previously recognised gains or reflect a clear consumption
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 1 (2024: 1)
1 1
Page 5
Page 6
Bridgman House LLP
Notes to the Financial Statements (continued)
For The Year Ended 20 February 2025
4. Tangible Assets

| Land & Property
--- | ---
| Leasehold
| £
Cost or Valuation
As at 21 February 2024 | 1,724,122
Revaluation | 385,878
As at 20 February 2025 | 2,110,000
Net Book Value
As at 20 February 2025 | 2,110,000
As at 21 February 2024 | 1,724,122

The fair value of the investment property has been arrived at on the basis of a valuation carried out by independant valuers Glenny LLP regulated by RICS, on 13 October 2025.
5. Debtors

| 20 February 2025 |  | 20 February 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 1,411 |  | -

6. Creditors: Amounts Falling Due Within One Year

| 20 February 2025 |  | 20 February 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | - |  | (1 )
Bank loans and overdrafts | 14,173 |  | 14,769
Accruals and deferred income | 1,980 |  | 1,800
| 16,153 |  | 16,568

7. Creditors: Amounts Falling Due After More Than One Year

| 20 February 2025 |  | 20 February 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 189,657 |  | 204,571

Page 6