Company registration number 16267527 (England and Wales)
BRIDGE STREET (NEWPORT) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2026
BRIDGE STREET (NEWPORT) LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Statement of changes in equity
3
Notes to the financial statements
4 - 6
BRIDGE STREET (NEWPORT) LIMITED
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 1 -
2026
Notes
£
FIXED ASSETS
Investment property
3
176,042
CURRENT ASSETS
Debtors
4
140,419
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5
(184,304)
NET CURRENT LIABILITIES
(43,885)
TOTAL ASSETS LESS CURRENT LIABILITIES
132,157
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
6
(140,188)
NET LIABILITIES
(8,031)
CAPITAL AND RESERVES
Called up share capital
200
Profit and loss reserves
(8,231)
TOTAL EQUITY
(8,031)

For the financial period ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

BRIDGE STREET (NEWPORT) LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2026
31 March 2026
- 2 -

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 16 July 2026 and are signed on its behalf by:
Mr L El-Khatib
Director
Company registration number 16267527 (England and Wales)
BRIDGE STREET (NEWPORT) LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 MARCH 2026
- 3 -
Share capital
Profit and loss reserves
Total
Notes
£
£
£
PERIOD ENDED 31 MARCH 2026:
Loss and total comprehensive income
-
(8,231)
(8,231)
Issue of share capital
200
-
200
BALANCE AT 31 MARCH 2026
200
(8,231)
(8,031)
BRIDGE STREET (NEWPORT) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2026
- 4 -
1
ACCOUNTING POLICIES
Company information

Bridge Street (Newport) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Fitzalan House, Fitzalan Court, Fitzalan Road, CARDIFF, CF24 0EL.

1.1
Reporting period

This is the company's first period of account and covers the period from the date of incorporation on 21 February 2025 to 31 March 2026.

1.2
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation investment properties at fair value. The principal accounting policies adopted are set out below.

1.3
Going concern

The accounts show that the company had net liabilities of £8,031 at the balance sheet date. The directors have therefore had to consider the appropriateness of the going concern basis.

The company has been able to finance its operations largely because of support from a related company.

The directors are confident that the company will be able to meet its obligations for at least the next twelve months with the continuing support of th ese creditor s. They therefore consider it appropriate to prepare the accounts on the going concern basis.

1.4
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's major sources of revenue are as follows:

BRIDGE STREET (NEWPORT) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2026
1
ACCOUNTING POLICIES
(Continued)
- 5 -
Other income

Rental income is recognised on an accruals basis over the period to which it relates.

1.5
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

2
EMPLOYEES

The average monthly number of persons (including directors) employed by the company during the period was:

2026
Number
Total
0
3
INVESTMENT PROPERTY
2026
£
Fair value
At 21 February 2025
-
0
Additions
176,042
At 31 March 2026
176,042

The Investment Property has been valued on the basis of open market value by the directors at the year end.

4
DEBTORS
2026
Amounts falling due within one year:
£
Other debtors
140,419
BRIDGE STREET (NEWPORT) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2026
- 6 -
5
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2026
£
Bank loans and overdrafts
2,141
Other creditors
182,163
184,304
6
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2026
£
Bank loans and overdrafts
140,188
7
RELATED PARTY TRANSACTIONS
2026
Amounts due to related parties
£
Entities with control, joint control or significant influence over the company
181,162

The following amounts were outstanding at the reporting end date:

2026
Amounts due from related parties
£
Entities with control, joint control or significant influence over the company
140,219
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