| BRIDGEND FINANCE LIMITED |
| Registered number: |
13138404 |
| Balance Sheet |
| as at 31 January 2026 |
|
|
|
|
|
2026 |
|
|
2025 |
| £ |
£ |
|
| Fixed assets |
|
|
|
10,459 |
|
|
15,831 |
| Current assets |
|
|
422,410 |
|
|
537,619 |
| Prepayments and accrued income |
|
|
133 |
|
|
127 |
|
|
|
422,543 |
|
|
537,746 |
| Creditors: amounts falling due within one year |
|
|
(27,662) |
|
|
(82,736) |
| Net current assets |
|
|
|
394,881 |
|
|
455,010 |
| Total assets less current liabilities |
|
|
|
405,340 |
|
|
470,841 |
| Creditors: amounts falling due after more than one year |
|
|
|
(513,446) |
|
|
(469,568) |
| Net (liabilities)/assets |
|
|
|
(108,106) |
|
|
1,273 |
|
|
|
|
|
|
|
|
| Capital and reserves |
|
|
|
(108,106) |
|
|
1,273 |
|
|
|
|
|
|
|
|
| Number |
Number |
| Average number of employees |
|
|
|
1 |
|
|
1 |
|
|
|
|
|
|
|
|
| The company is a private company limited by shares and incorporated in England. Its registered office is 44 Russell Square, London, England, WC1B 4JP. |
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the micro entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
| At the balance sheet date the company had net liabilities of £108,106. Included within liabilities are loans of £513,446, of which £244,483 is owed to the director. The director has confirmed that this loan will not be withdrawn, and that he will continue to provide financial support to the company, for a period of at least twelve months from the date of approval of these financial statements. Excluding the amount owed to the director, the company would have net assets of £137,634. On this basis, the director considers it appropriate to prepare the financial statements on a going concern basis.The remaining loans of £268,963 are being repaid in accordance with their agreed terms, and the director is satisfied that the company can meet these repayments as they fall due. |
|
|
|
| Mr. Ranald McGregor-Smith |
| Director |
| Approved by the board on 21 October 2026 |