The Bradgate Group Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 07186080 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2019

for

The Bradgate Group Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A K Eggleston FCA

REGISTERED OFFICE:

20 Anchor Terrace

3-13 Southwark Bridge Road

London

SE1 9HQ

REGISTERED NUMBER:

07186080 (England and Wales)

ACCOUNTANTS:

EWP Ltd

20 Anchor Terrace

3-13 Southwark Bridge Road

London

SE1 9HQ

FIXED ASSETS

Tangible assets

4

39,099

-

Investments

5

53,690

92,789

53,690

CURRENT ASSETS

Debtors

6

1,159,063

842,090

Cash at bank

175,308

107,063

1,334,371

949,153

CREDITORS

Amounts falling due within one year

7

388,506

48,279

NET CURRENT ASSETS

945,865

900,874

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,038,654

954,564

CREDITORS

Amounts falling due after more than one
year

8

72,144

57,023

NET ASSETS

966,510

897,541

CAPITAL AND RESERVES

Called up share capital

10

Share premium

99,999

Retained earnings

866,501

797,532

SHAREHOLDERS' FUNDS

966,510

897,541

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 29 January 2020 and were signed by:

A K Eggleston FCA - Director

1.	STATUTORY INFORMATION

The Bradgate Group Ltd is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

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

Tangible fixed assets

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

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2018

5,178

Additions

49,355

At 30 April 2019

54,533

DEPRECIATION

At 1 May 2018

5,178

Charge for year

10,256

At 30 April 2019

15,434

NET BOOK VALUE

At 30 April 2019

39,099

5.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

COST

At 1 May 2018

and 30 April 2019

28,340

25,350

53,690

NET BOOK VALUE

At 30 April 2019

28,340

25,350

53,690

At 30 April 2018

28,340

25,350

53,690

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.19

30.4.18

£

Trade debtors

11,722

17,067

Amounts owed by group undertakings

871,542

823,423

Other debtors

275,799

1,600

1,159,063

842,090

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.19

30.4.18

£

Trade creditors

1,204

(1

)

Amounts owed to group undertakings

25,339

1,649

Taxation and social security

41,963

23,450

Other creditors

320,000

23,181

388,506

48,279

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.4.19

30.4.18

£

Bank loans

72,144

57,023

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

72,144

57,023

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end A Eggleston had a debit balance of £143,672 on his loan account (2018: £4,477 credit balance).

This loan was fully paid off within 4 weeks of the year end.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is A K Eggleston FCA.

The Bradgate Group Ltd - Accounts to registrar (filleted) - small 18.2

The Bradgate Group Ltd - Accounts to registrar (filleted) - small 18.2