Bridgehouse Property Consultants Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06828453 (England and Wales)

BRIDGEHOUSE PROPERTY CONSULTANTS LIMITED

Unaudited Financial Statements for the Year Ended 30 April 2021

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J A Greatrex

I Greatrex

SECRETARY:

J A Greatrex

REGISTERED OFFICE:

61 Charlotte Street

St. Pauls Square

Birmingham

West Midlands

B3 1PX

REGISTERED NUMBER:

06828453 (England and Wales)

ACCOUNTANTS:

Michael Dufty Partnership Limited

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

FIXED ASSETS

Tangible assets

4

52,012

60,501

CURRENT ASSETS

Debtors

5

-

216

Cash at bank

2,772,160

2,537,046

2,772,160

2,537,262

CREDITORS

Amounts falling due within one year

6

320,241

369,117

NET CURRENT ASSETS

2,451,919

2,168,145

TOTAL ASSETS LESS CURRENT LIABILITIES

2,503,931

2,228,646

CAPITAL AND RESERVES

Called up share capital

52

52

Capital redemption reserve

50

50

Retained earnings

2,503,829

2,228,544

2,503,931

2,228,646

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2021 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 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 Board of Directors and authorised for issue on 24 September 2021 and were signed on its behalf by:

I Greatrex - Director

1.	STATUTORY INFORMATION

Bridgehouse Property Consultants Limited 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Motor vehicles

-

25% on reducing balance

Office equipment

-

25% on reducing balance

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 (2020 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Office

vehicles

equipment

Totals

£

£

£

COST

At 1 May 2020

72,999

34,459

107,458

Additions

-

8,849

8,849

At 30 April 2021

72,999

43,308

116,307

DEPRECIATION

At 1 May 2020

23,661

23,296

46,957

Charge for year

12,335

5,003

17,338

At 30 April 2021

35,996

28,299

64,295

NET BOOK VALUE

At 30 April 2021

37,003

15,009

52,012

At 30 April 2020

49,338

11,163

60,501

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Other debtors

-

216

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Taxation and social security

168,403

187,657

Other creditors

151,838

181,460

320,241

369,117

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is I Greatrex.