Long Bridge 2 Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 15902955

LONG BRIDGE 2 LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 August 2025

LONG BRIDGE 2 LIMITED

FINANCIAL STATEMENTS

PERIOD FROM 18 AUGUST 2024 TO 31 AUGUST 2025

Contents	Page

Officers and professional advisers	1

Statement of financial position	2

Notes to the financial statements	4

LONG BRIDGE 2 LIMITED

OFFICERS AND PROFESSIONAL ADVISERS

Director	C Wilson

Registered office	2000 Cathedral Square
	Cathedral Hill
	Guildford
	GU2 7YL

Accountants	Wilkins Southworth
	Chartered Certified Accountants
	10-12 High Street
	Barnes
	London
	SW13 9LW

LONG BRIDGE 2 LIMITED

STATEMENT OF FINANCIAL POSITION

31 August 2025

	31 Aug 25
Note	£

FIXED ASSETS

Investments	4	11,550,000

CURRENT ASSETS

Debtors	5	44,175
Cash at bank and in hand		53,197
		---------
		97,372

CREDITORS: amounts falling due within one year	6	( 4,347,885)
		--------------
NET CURRENT LIABILITIES		( 4,250,513)
		---------------
TOTAL ASSETS LESS CURRENT LIABILITIES		7,299,487

CREDITORS: amounts falling due after more than one year	7	( 7,500,000)
		--------------
NET LIABILITIES		( 200,513)
		--------------

CAPITAL AND RESERVES

Called up share capital	1
Profit and loss account	( 200,514)
	-----------
SHAREHOLDERS DEFICIT	( 200,513)
	-----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the Period ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

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

LONG BRIDGE 2 LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 August 2025

These financial statements were approved by the board of directors and authorised for issue on 12 October 2026 , and are signed on behalf of the board by:

C Wilson
Director

Company registration number: 15902955

LONG BRIDGE 2 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

PERIOD FROM 18 AUGUST 2024 TO 31 AUGUST 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2000 Cathedral Square, Cathedral Hill, Guildford, GU2 7YL.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The financial statements are prepared on a going concern basis, which assumes that the company will continue to receive financial support from certain creditors and the directors. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount and to provide for any further liabilities that may arise.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

4. Investments

	Other investments other than loans
	£
Cost
At 18 August 2024	–
Additions	11,550,000
	---------------
At 31 August 2025	11,550,000
	---------------
Impairment
At 18 August 2024 and 31 August 2025	–
	---------------

Carrying amount
At 31 August 2025	11,550,000
	---------------

The fair value of the investment properties at 31 August 2025 has been arrived at on the basis of a valuation carried out at that date by C Wilson , a director of the company who is not a professionally qualified valuer. The valuation was arrived at by reference to a valuation dated 18 September 2024, prepared by Savills (UK) Limited who are a RICS qualified chartered surveyor, which would also reflect the fair value of the investment property as at 31 August 2025.

5. Debtors

	31 Aug 25
	£
Other debtors	44,175
	---------

6. Creditors: amounts falling due within one year

	31 Aug 25
	£
Amounts owed to group undertakings	4,176,135
Other creditors	171,750
	--------------
	4,347,885
	--------------

7. Creditors: amounts falling due after more than one year

	31 Aug 25
	£
Bank loans and overdrafts	7,500,000
	--------------

8. Charges on assets

A debenture over the company's investment properties has been provided to United Bank Limited as a security in respect of a loan of £7,500,000.