Bridge Property London Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 08937936 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

FOR

BRIDGE PROPERTY LONDON LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

T K Mulligan

Mrs M F Hempsted

REGISTERED OFFICE:

Oliver House

23 Windmill Hill

Enfield

Middlesex

EN2 7AB

REGISTERED NUMBER:

08937936 (England and Wales)

ACCOUNTANTS:

Geo. Little, Sebire & Co.

Oliver House

23 Windmill Hill

Enfield

EN2 7AB

FIXED ASSETS

Intangible assets

2

554,622

623,950

Tangible assets

3

10,331

10,076

Investments

4

10

-

564,963

634,026

CURRENT ASSETS

Debtors

436,795

162,549

Cash at bank and in hand

258,514

528,728

695,309

691,277

CREDITORS

Amounts falling due within one year

718,143

1,265,439

NET CURRENT LIABILITIES

(22,834

)

(574,162

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

542,129

59,864

CAPITAL AND RESERVES

Called up share capital

5

1

Profit and loss account

542,128

59,863

SHAREHOLDERS' FUNDS

542,129

59,864

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 26 January 2017 and were signed on its behalf by:

T K Mulligan - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill

Goodwill is being amortised evenly over its estimated useful life of 10 years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

and 30 April 2016

693,278

AMORTISATION

At 1 May 2015

69,328

Amortisation for year

69,328

At 30 April 2016

138,656

NET BOOK VALUE

At 30 April 2016

554,622

At 30 April 2015

623,950

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

11,594

Additions

3,243

At 30 April 2016

14,837

DEPRECIATION

At 1 May 2015

1,518

Charge for year

2,988

At 30 April 2016

4,506

NET BOOK VALUE

At 30 April 2016

10,331

At 30 April 2015

10,076

4.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

Additions

10

At 30 April 2016

10

NET BOOK VALUE

At 30 April 2016

10

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

1

Ordinary

£1

1