| Registered number: 05197519 | ||||||||
| FOR THE YEAR ENDED 31/08/2025 | ||||||||
| Bridgelodge Property Management Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED31/08/2025 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Accountants' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 2 | |||||||
| Notes To The Accounts | 3 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| Bridgelodge Property Management Limited | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2025 | 2024 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | 3 | |||||||||
| CURRENT ASSETS | ||||||||||
| CREDITORS: Amounts falling due within one year | 5 | |||||||||
| NET CURRENT LIABILITIES | ( | (150,741) | ||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| PROVISIONS FOR LIABILITIES AND CHARGES | ||||||||||
| NET ASSETS | ||||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 6 | |||||||||
| Fair value reserve | ,7 | 30,780 | 30,780 | |||||||
| Profit and loss account | (6,259) | (5,743) | ||||||||
| SHAREHOLDERS' FUNDS | ||||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| Bridgelodge Property Management Limited | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 31/08/2025 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Statutory Information | ||||||||
| Bridgelodge Property Management Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number 05197519. | ||||||||
| Registered address: 15 Mancroft Close, Kingswinford, West Midlands, DY6 9DA | ||||||||
| The presentation currency is £ sterling. This is the currency of the primary economic market in which the entity operates (its functional currency). All amounts in these financial statements have been rounded to the nearest pound unless otherwise stated. | ||||||||
| 1b. Basis Of Accounting FRS 1021 a | ||||||||
| The accounts have been prepared under the historical cost convention as modified by the revaluation of certain assets. | ||||||||
| The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. | ||||||||
| 1c. Going Concern | ||||||||
| Although there were net current liabilities at 31 August 2025, the directors have stated that they have no intention of seeking repayment of their loan accounts before external creditors have been satisfied in full. In view of this, it is considered appropriate that the accounts should be prepared on a going concern basis. | ||||||||
| 1d. Investment Properties | ||||||||
| Investment properties are included in the financial statements at open market value. No depreciation is provided on such property. Any aggregate surplus or deficit arising from changes in value is recognised in profit and loss. | ||||||||
| 1e. Deferred Taxation | ||||||||
| Deferred tax is provided on timing differences which arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. Differences between accumulated depreciation and tax allowances for the cost of a fixed asset, if and when all conditions for retaining the tax allowances have been met, are not provided for. Deferred tax is not recognised on permanent differences arising because certain types of income or expense are non-taxable or are disallowable for tax or because certain tax charges or allowances are greater or smaller than the corresponding income or expense. | ||||||||
| Deferred tax is measured at the tax rate that is expected to apply to the reversal of the related difference, using tax rates enacted or substantively enacted at the balance sheet date. Deferred tax balances are not discounted. | ||||||||
| 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. | ||||||||
| Bridgelodge Property Management Limited | ||||||||
| 2. EMPLOYEES | ||||||
| 2025 | 2024 | |||||
| No. | No. | |||||
| Average number of employees | - | |||||
| 3. TANGIBLE FIXED ASSETS | ||||
| Land And | ||||
| Buildings | Total | |||
| £ | £ | |||
| Cost | ||||
| At 01/09/2024 | 183,000 | 183,000 | ||
| At 31/08/2025 | 183,000 | 183,000 | ||
| Depreciation | ||||
| At 31/08/2025 | - | - | ||
| Net Book Amounts | ||||
| At 31/08/2025 | 183,000 | 183,000 | ||
| At 31/08/2024 | 183,000 | 183,000 | ||
| 4. INVESTMENT PROPERTIES | ||||||||
| Investment | ||||||||
| Properties | Total | |||||||
| £ | £ | |||||||
| Fair value | ||||||||
| At 01/09/2024 | 183,000 | 183,000 | ||||||
| At 31/08/2025 | 183,000 | 183,000 | ||||||
| The investment property is valued annually at the balance sheet date by the directors of the company. | ||||||||
| Bridgelodge Property Management Limited | ||||||||
| 5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| Other creditors | 151,257 | 150,741 | ||||||
| 151,257 | 150,741 | |||||||
| The freehold property has been leased for a term of ninety-nine years to the directors on normal commercial terms. At 31 August 2025 the company owed its directors £150,641 (2024 - £150,231). This amount is included in other creditors. | ||||||||
| 6. SHARE CAPITAL | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 2 | 2 | |||||||
| 2 | 2 | |||||||
| 7. FAIR VALUE RESERVE | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Fair value reserve | 30,780 | 21,870 | ||||||
| Transfers to/from reserves | - | 8,910 | ||||||
| 30,780 | 30,780 | |||||||