BRIDGEHEAD_(EUROPE)_LIMIT - Accounts

BRIDGEHEAD (EUROPE) LIMITED - Company Information

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Company Registration No. 05433219 (England and Wales)

BRIDGEHEAD (EUROPE) LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

BRIDGEHEAD (EUROPE) LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

BRIDGEHEAD (EUROPE) LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

459

Current assets

Debtors

135,846

123,386

Cash at bank and in hand

223,651

126,712

359,497

250,098

Creditors: amounts falling due within one year

(171,720)

(172,023)

Net current assets

187,777

78,075

Total assets less current liabilities

188,236

78,075

Capital and reserves

Called up share capital

Profit and loss account

188,146

77,985

Shareholders' funds

188,236

78,075

For the financial year ended 30 September 2016 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 year 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.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 28 February 2017

Mr R Barnes

Director

Company Registration No. 05433219

BRIDGEHEAD (EUROPE) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Commission and fee income is recognised when signed authorisation or proposal has been received from clients.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

15% Reducing balance

1.5

Foreign currency translation

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

Fixed assets

Tangible assets

Cost

At 1 October 2015

Additions

540

At 30 September 2016

540

Depreciation

At 1 October 2015

Charge for the year

At 30 September 2016

Net book value

At 30 September 2016

459

BRIDGEHEAD (EUROPE) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2016

- 3 -

Share capital

2016

2015

Allotted, called up and fully paid

90 Ordinary shares of £1 each