Company registration number 06427188 (England and Wales)
Oldbridge Limited
Unaudited financial statements
For the year ended 31 March 2026
Oldbridge Limited
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 4
Oldbridge Limited
Statement of financial position
As at 31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Investment property
2
394,352
394,352
Current assets
Debtors
3
119,160
142,323
Cash at bank and in hand
31,223
18,774
150,383
161,097
Creditors: amounts falling due within one year
4
(26,017)
(72,221)
Net current assets
124,366
88,876
Net assets
518,718
483,228
Capital and reserves
Called up share capital
99
99
Capital redemption reserve
1
1
Profit and loss reserves
518,618
483,128
Total equity
518,718
483,228

For the financial year 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 year 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.

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 15 July 2026 and are signed on its behalf by:
Mr C G Rhodes
Director
Company registration number 06427188 (England and Wales)
Oldbridge Limited
Notes to the financial statements
For the year ended 31 March 2026
- 2 -
1
Accounting policies
Company information

Oldbridge Limited is a private company limited by shares incorporated in England and Wales. The registered office is Blue Gates Garage Tunstall Road, Biddulph, Stoke On Trent, Staffordshire, United Kingdom, ST8 7PX.

1.1
Accounting convention

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. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from rentals of property are recognised when the amount of revenue can be measured reliably. It is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.3
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.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Oldbridge Limited
Notes to the financial statements (continued)
For the year ended 31 March 2026
1
Accounting policies
(Continued)
- 3 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors and amounts due to related parties, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.7
Taxation

The tax expense represents the sum of the tax currently payable.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

2
Investment property
2026
£
Fair value
At 1 April 2025 and 31 March 2026
394,352

The fair value of the investment property has been arrived at on the basis of a valuation carried out at open market value by the directors of the company at the year end.

Oldbridge Limited
Notes to the financial statements (continued)
For the year ended 31 March 2026
- 4 -
3
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
53,000
76,000
Other debtors
66,160
66,323
119,160
142,323
4
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
12,250
407
Taxation and social security
11,095
19,258
Other creditors
2,672
52,556
26,017
72,221
2026-03-31 2025-04-01 false false false 15 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr C G Rhodes Mr J G Rhodes Mr J G McKenzie Rhodes Mr C P Rhodes Mr C P Rhodes 0 06427188 2025-04-01 2026-03-31 06427188 2026-03-31 06427188 2025-03-31 06427188 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 06427188 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 06427188 core:WithinOneYear 2026-03-31 06427188 core:WithinOneYear 2025-03-31 06427188 core:ShareCapital 2026-03-31 06427188 core:ShareCapital 2025-03-31 06427188 core:CapitalRedemptionReserve 2026-03-31 06427188 core:CapitalRedemptionReserve 2025-03-31 06427188 core:RetainedEarningsAccumulatedLosses 2026-03-31 06427188 core:RetainedEarningsAccumulatedLosses 2025-03-31 06427188 bus:Director1 2025-04-01 2026-03-31 06427188 2025-03-31 06427188 core:CurrentFinancialInstruments 2026-03-31 06427188 core:CurrentFinancialInstruments 2025-03-31 06427188 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 06427188 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 06427188 bus:FRS102 2025-04-01 2026-03-31 06427188 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 06427188 bus:Director2 2025-04-01 2026-03-31 06427188 bus:Director3 2025-04-01 2026-03-31 06427188 bus:Director4 2025-04-01 2026-03-31 06427188 bus:CompanySecretary1 2025-04-01 2026-03-31 06427188 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP