Acorah Software Products - Accounts Production 19.3.600 false true true 31 December 2024 1 January 2024 false 3 September 2026 1 January 2025 31 December 2025 31 December 2025 12302565 Mr E Bernstein Mr J Elmer Ms Y Chen Durango Topco, L.P true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12302565 2024-12-31 12302565 2025-12-31 12302565 2025-01-01 2025-12-31 12302565 frs-core:CurrentFinancialInstruments 2025-12-31 12302565 frs-core:WithinOneYear 2025-12-31 12302565 frs-core:ShareCapital 2025-12-31 12302565 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 12302565 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 12302565 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 12302565 frs-bus:SmallEntities 2025-01-01 2025-12-31 12302565 frs-bus:Audited 2025-01-01 2025-12-31 12302565 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 12302565 frs-bus:OrdinaryShareClass1 2025-01-01 2025-12-31 12302565 frs-bus:OrdinaryShareClass1 2025-12-31 12302565 1 2025-01-01 2025-12-31 12302565 frs-bus:Director1 2025-01-01 2025-12-31 12302565 frs-bus:Director2 2025-01-01 2025-12-31 12302565 frs-bus:Director3 2025-01-01 2025-12-31 12302565 frs-countries:EnglandWales 2025-01-01 2025-12-31 12302565 2023-12-31 12302565 2024-12-31 12302565 2024-01-01 2024-12-31 12302565 frs-core:CurrentFinancialInstruments 2024-12-31 12302565 frs-core:WithinOneYear 2024-12-31 12302565 frs-core:ShareCapital 2024-12-31 12302565 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 12302565 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31
Registered number: 12302565
Drawbridge Partners Limited
Financial Statements
For The Year Ended 31 December 2025
bk plus Ltd
Chartered Accountants
159 High Street
Barnet
Hertfordshire
EN5 5SU
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12302565
2025 2024
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 4 126,954 39,049
Cash at bank and in hand 684,979 821,356
811,933 860,405
Creditors: Amounts Falling Due Within One Year 5 (794,976 ) (775,662 )
NET CURRENT ASSETS (LIABILITIES) 16,957 84,743
TOTAL ASSETS LESS CURRENT LIABILITIES 16,957 84,743
NET ASSETS 16,957 84,743
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 16,857 84,643
SHAREHOLDERS' FUNDS 16,957 84,743
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Ms Y Chen
Director
3 September 2026
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Drawbridge Partners Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12302565 . The registered office is 3rd Floor 1 London Square, Cross Lanes, Guildford, Surrey, GU1 1UN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements are presented in pound sterling (£), which is the functional currency of the company.
2.2. Going Concern Disclosure
The financial statements have been prepared on a going concern basis. The directors have considered the company’s forecasts and expected cash flows for a period of at least 12 months from the date of approval of these financial statements. At 31 December 2025, the company held cash of £684,979 and had net assets of £16,957. The company also had an amount of £400,087 due to its parent undertaking, which is shown within creditors falling due within one year. Based on the company’s forecasts and the expected continued support of the parent undertaking, the directors consider it appropriate to prepare the financial statements on a going concern basis.
2.3. Turnover
Turnover comprises the fair value of consideration receivable for services provided in the ordinary course of business, net of discounts, VAT and other sales taxes. Revenue is recognised over the period in which services are provided in accordance with the underlying customer contracts. Amounts invoiced in advance are recognised as deferred revenue and released to turnover as the related services are performed. Revenue earned but not yet invoiced at the reporting date is recognised within accrued income.
2.4. Leasing and Hire Purchase Contracts
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 2)
4 2
4. Debtors
2025 2024
£ £
Due within one year
Trade debtors 95,128 32,434
Other debtors 31,826 6,615
126,954 39,049
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 10,837 7,294
VAT 31,622 29,758
Other creditors - 43,880
Accruals and deferred income 352,430 295,076
Amounts owed to group undertakings 400,087 399,654
794,976 775,662
At the Balance sheet date £400,087 (2024 - £399,654) was due to the Parent Company by virtue of 100% shareholding, Drawbridge Partners LLC a entity formed in the United States, in the form of a loan. The loan is an interest free and unsecured loan. 
6. Share Capital
2025 2024
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
7. Other Commitments
At 31 December 2025, the company had total future minimum lease payments under non-cancellable operating leases as follows:
2025 2024
£ £
Not later than one year 52,151 -
52,151 -
8. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Drawbridge Partners LLC . Drawbridge Partners LLC was incorporated in the United States (Delaware). The ultimate controlling party is Durango Topco, L.P who controls 100% of the shares of Drawbridge Partners Limited . The registered office of Drawbridge Partners LLC is 3300 PGA Boulevard, Suite 570Palm Beach Gardens, FL 33410 United States
9. Audit Information
The auditor's report on the accounts of Drawbridge Partners Limited for the year ended 31 December 2025 was unqualified.
The auditor's report was signed by Joshua Finn (Senior Statutory Auditor) for and on behalf of Joshua Leigh & Co Audit Limited , Statutory Auditor.
Joshua Leigh & Co Audit Limited
159 High Street
Barnet
Hertfordshire
EN5 5SU
Page 3