7 false false false false false false false false false false true false false false false false false No description of principal activity 2024-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 4,425 1,394 886 2,280 2,145 3,031 xbrli:pure xbrli:shares iso4217:GBP 12902942 2024-04-01 2025-03-30 12902942 2025-03-30 12902942 2024-03-31 12902942 2022-10-01 2024-03-31 12902942 2024-03-31 12902942 2022-09-30 12902942 bus:Director1 2024-04-01 2025-03-30 12902942 core:WithinOneYear 2025-03-30 12902942 core:WithinOneYear 2024-03-31 12902942 core:ShareCapital 2025-03-30 12902942 core:ShareCapital 2024-03-31 12902942 core:RetainedEarningsAccumulatedLosses 2025-03-30 12902942 core:RetainedEarningsAccumulatedLosses 2024-03-31 12902942 bus:SmallEntities 2024-04-01 2025-03-30 12902942 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-30 12902942 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-30 12902942 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-30 12902942 bus:FullAccounts 2024-04-01 2025-03-30 12902942 core:UKTax 2022-10-01 2024-03-31 12902942 core:ComputerEquipment 2024-04-01 2025-03-30 12902942 core:ComputerEquipment 2025-03-30 12902942 core:ComputerEquipment 2024-03-31
COMPANY REGISTRATION NUMBER: 12902942

SPIRIT BRIDGE LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED

30 March 2025

SPIRIT BRIDGE LTD

STATEMENT OF FINANCIAL POSITION

30 March 2025

| 30 Mar 25 | 31 Mar 24
Note | £ | £ | £ | £

FIXED ASSETS

Tangible assets | 6 |  | 2,145 |  | 3,031

CURRENT ASSETS

Debtors | 7 | 122,335 |  | 44,767 |
Cash at bank and in hand | 15,729 |  | 26,703 |
| --------- |  | -------- |
| 138,064 |  | 71,470 |

CREDITORS: amounts falling due within one year | 8 | ( 203,618) |  | ( 104,144) |
| --------- |  | --------- |
NET CURRENT LIABILITIES |  | ( 65,554) |  | ( 32,674)
|  | -------- |  | --------
TOTAL ASSETS LESS CURRENT LIABILITIES |  | ( 63,409) |  | ( 29,643)
|  | -------- |  | --------
NET LIABILITIES |  | ( 63,409) |  | ( 29,643)
|  | -------- |  | --------

CAPITAL AND RESERVES

Called up share capital |  | 90 |  | 90
Profit and loss account |  | ( 63,499) |  | ( 29,733)
|  | -------- |  | --------
SHAREHOLDERS DEFICIT |  | ( 63,409) |  | ( 29,643)
|  | -------- |  | --------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the period ending 30 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 financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

SPIRIT BRIDGE LTD

STATEMENT OF FINANCIAL POSITION (continued)

30 March 2025
These financial statements were approved by the board of directors and authorised for issue on 20 March 2026 , and are signed on behalf of the board by:

T Coates
Director

Company registration number: 12902942

SPIRIT BRIDGE LTD

NOTES TO THE FINANCIAL STATEMENTS

PERIOD FROM 1 APRIL 2024 TO 30 MARCH 2025
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 269 Fabrica (1.03) Great Ancoats Street, Manchester, M4 7DB, England.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis . The financial statements are prepared in sterling, which is the functional currency of the entity . The financial statements have been prepared on the going concern basis. The directors consider the going concern basis to be appropriate as they have confirmed their ongoing financial support of the company.
Revenue recognition
Turnover comprises revenue recognised by the company in respect of goods and services supplied.
Income tax
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Computer Equipment | - | 20% straight line

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. EMPLOYEE NUMBERS
The average number of persons employed by the company during the period amounted to 7 (2024: 4 ).
5. TAX ON LOSS
Major components of tax income

| Period from | Period from
| 1 Apr 24 to | 1 Oct 22 to
| 30 Mar 25 | 31 Mar 24
| £ | £

Current tax:

Corporation tax refund | – | ( 9,297)
| ---- | -------
Tax on loss | – | ( 9,297)
| ---- | -------

6. TANGIBLE ASSETS

| Computer Equipment | Total
| £ | £
Cost |  |
At 1 April 2024 and 30 March 2025 | 4,425 | 4,425
| ------- | -------
Depreciation |  |
At 1 April 2024 | 1,394 | 1,394
Charge for the period | 886 | 886
| ------- | -------
At 30 March 2025 | 2,280 | 2,280
| ------- | -------
Carrying amount |  |
At 30 March 2025 | 2,145 | 2,145
| ------- | -------
At 31 March 2024 | 3,031 | 3,031
| ------- | -------

7. DEBTORS

| 30 Mar 25 | 31 Mar 24
| £ | £
Trade debtors | 119,695 | 23,448
Other debtors | 2,640 | 21,319
| --------- | --------
| 122,335 | 44,767
| --------- | --------

8. CREDITORS: amounts falling due within one year

| 30 Mar 25 | 31 Mar 24
| £ | £
Trade creditors | 137,144 | 58,155
Social security and other taxes | 15,854 | 14,889
Amounts due to related companies | 11,428 | –
Other creditors | 39,192 | 31,100
| --------- | ---------
| 203,618 | 104,144
| --------- | ---------