Blackbridge Communications Limited 31/03/2025 iXBRL

Company registration number: 05274998

Blackbridge Communications Limited

Unaudited filleted financial statements

31 March 2025

Blackbridge Communications Limited

Contents

Directors and other information

Statement of financial position

Notes to the financial statements

Blackbridge Communications Limited

Directors and other information


	Directors	Mr A Andrews
		Mr F Lynch


	Secretary	Redford Secretarial Services Limited


	Company number	05274998


	Registered office	91 Commercial Street
		Spitalfields
		London
		E1 6LY


	Business address	91 Commercial Street
		Spitalfields
		London
		E1 6LY


	Accountants	Redford & Co. Limited
		Chartered Accountants
		First Floor
		64 Baker Street
		London
		W1U 7GB

Blackbridge Communications Limited

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	37,333		38,656
Investments	6	2,041,299		2,224,337
		_______		_______
			2,078,632		2,262,993

Current assets
Work in progress		65,254		12,036
Debtors	7	679,287		1,150,429
Cash at bank and in hand		3,463,224		2,174,768
		_______		_______
		4,207,765		3,337,233
Creditors: amounts falling due
within one year	8	( 4,731,590)		( 4,036,085)
		_______		_______
Net current liabilities			( 523,825)		( 698,852)
			_______		_______
Total assets less current liabilities			1,554,807		1,564,141

			_______		_______
Net assets			1,554,807		1,564,141
			_______		_______

Capital and reserves
Called up share capital			121		121
Share premium account			71,991		71,991
Capital redemption reserve			129		129
Profit and loss account			1,482,566		1,491,900
			_______		_______
Shareholders funds			1,554,807		1,564,141
			_______		_______

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

Directors responsibilities:

- The 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 Act 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 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.

These financial statements were approved by the board of directors and authorised for issue on 08 September 2025 , and are signed on behalf of the board by:

Mr A Andrews Mr F Lynch

Director Director

Company registration number: 05274998

Blackbridge Communications Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is 91 Commercial Street, Spitalfields, London, E1 6LY.

2. Statement of compliance

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable for services rendered, stated net of discounts and of Value Added Tax.Revenue from the services is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on completion, 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.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	Straight line over 5 years
Fittings fixtures and equipment	-	Straight line over 3 years

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Fixed asset investments

Fixed asset investments are initially recorded at cost.Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment

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. 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 are largely independent of the cash inflows from other assets or groups of assets.

Contract for services

Where the substance of a contract is that the contractual obligations are performed gradually over time, revenue is recognised as contract activity progresses to reflect the partial performance of our contractual obligations. The amount of revenue included reflects the accrual of the right to consideration as contract activity progresses by reference to value of the work performed.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 45 (2024: 48 ).

5. Tangible assets

	Plant and machinery	Fixtures, fittings and equipment	Total
	£	£	£
Cost
At 1 April 2024	82,024	2,399	84,423
Additions	8,033	2,430	10,463
	_______	_______	_______
At 31 March 2025	90,057	4,829	94,886
	_______	_______	_______
Depreciation
At 1 April 2024	44,801	966	45,767
Charge for the year	10,634	1,152	11,786
	_______	_______	_______
At 31 March 2025	55,435	2,118	57,553
	_______	_______	_______
Carrying amount
At 31 March 2025	34,622	2,711	37,333
	_______	_______	_______
At 31 March 2024	37,223	1,433	38,656
	_______	_______	_______

6. Investments

	Other investments other than loans	Total
	£	£
Cost or valuation
At 1 April 2024	1,963,826	1,963,826
Additions	421,666	421,666
Disposals	( 126,278)	( 126,278)
Revaluations	( 267,888)	( 267,888)
Cash balance	( 7)	(7)
Unlisted investments	49,980	49,980
	_______	_______
At 31 March 2025	2,041,299	2,041,299
	_______	_______
Carrying amount
At 31 March 2025	2,041,299	2,041,299
	_______	_______
At 31 March 2024	1,963,826	1,963,826
	_______	_______

7. Debtors

	2025	2024
	£	£
Trade debtors	598,629	1,078,983
Other debtors	80,658	71,446
	_______	_______
	679,287	1,150,429
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	455,585	427,244
Corporation tax	254,816	243,874
Social security and other taxes	384,852	411,691
Other creditors	3,636,337	2,953,276
	_______	_______
	4,731,590	4,036,085
	_______	_______

9. Controlling party

The company is under the control of Blackbridge EOT Limited by virtue of its 68.8% shareholding.