ACCOUNTS - Final Accounts preparation

Registered number: 13375527

BRYDG ALPHA VENTURES LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2025

BRYDG ALPHA VENTURES LIMITED

REGISTERED NUMBER: 13375527

BALANCE SHEET

AS AT 31 MAY 2025

		2025		2024
Note		£		£

Fixed assets
Investments	4		17,020		17,101
			17,020		17,101
Current assets
Debtors: amounts falling due within one year	5	1,011,327		936,194
		1,011,327		936,194
Creditors: amounts falling due within one year	6	(1,033,177)		(956,294)
Net current liabilities			(21,850)		(20,100)
Total assets less current liabilities			(4,830)		(2,999)

Net liabilities			(4,830)		(2,999)

Capital and reserves
Called up share capital	7	1	1
Profit and loss account		(4,831)	(3,000)
		(4,830)	(2,999)

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BRYDG ALPHA VENTURES LIMITED

REGISTERED NUMBER: 13375527

BALANCE SHEET (CONTINUED)

AS AT 31 MAY 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

P P Matthews

Director

Date: 22 April 2026

The notes on pages 3 to 6 form part of these financial statements.

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BRYDG ALPHA VENTURES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

1.	General information

Brydg Alpha Ventures Limited is a private company, limited by shares, incorporated in the United Kingdom and registered in England and Wales. The company's registered office address is Third Floor Rear, 70-72 Jermyn Street, London, United Kingdom, SW1Y 6PF.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Going concern

The financial statements have been prepared on the going concern basis. The company is dependent on the directors and shareholders for financial support, which the directors are confident will continue for a period of at least another 12 months following the approval of these financial statements.

As at 31 May 2025, the company had net liabilities of £4,830. The directors and shareholders have indicated their present intention to provide adequate finance to enable the company to continue in operational existence, and on this basis the directors consider it appropriate to prepare the financial statements on the going concern basis.

The financial statements do not reflect any adjustments that would result from a withdrawal of financial support by the directors and shareholders.

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BRYDG ALPHA VENTURES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

2.Accounting policies (continued)

2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.7

Associates and joint ventures

Associates and Joint Ventures are held at cost less impairment.

2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

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BRYDG ALPHA VENTURES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

2.Accounting policies (continued)

2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

4.	Fixed asset investments

		Investment in joint ventures
		£
	Cost or valuation
	At 1 June 2024	17,101
	Foreign exchange movement	(81)
	At 31 May 2025	17,020

Debtors

					2025	2024
					£	£


Amounts owed by joint ventures and associated undertakings	1,011,326	936,193
Called up share capital not paid	1	1
	1,011,327	936,194

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BRYDG ALPHA VENTURES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Amounts owed to group undertakings	1,029,177	953,294
Accruals and deferred income	4,000	3,000
	1,033,177	956,294

7.	Share capital
		2025	2024
		£	£

Allotted, called up and partly paid

1 (2024 - 1) Ordinary share of £1.00	1	1

On incorporation, 1 Ordinary share of £1.00 each was issued at par.

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