Bridge Corporate Investments Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 07640729 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

BRIDGE CORPORATE INVESTMENTS LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Jurgens-Mestre

B Leblanc

M Rambaud

REGISTERED OFFICE:

Grenadier House

1625 Warwick Road

Knowle

Solihull

West Midlands

B93 9LF

REGISTERED NUMBER:

07640729 (England and Wales)

BANKERS:

HSBC

2 - 4 St Ann's Square

Manchester

M2 7HD

FIXED ASSETS

Tangible assets

4

1,860

2,171

Investments

5

3

5

1,863

2,176

CURRENT ASSETS

Debtors

1,032,872

415,430

Cash at bank

21,800

22,579

1,054,672

438,009

CREDITORS

Amounts falling due within one year

695,819

419,580

NET CURRENT ASSETS

358,853

18,429

TOTAL ASSETS LESS CURRENT LIABILITIES

360,716

20,605

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

360,616

20,505

SHAREHOLDERS' FUNDS

360,716

20,605

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2022 in accordance with Section 444(2A) of the Companies Act 2006.

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 27 September 2023 and were signed on its behalf by:

D Jurgens-Mestre - Director

1.	STATUTORY INFORMATION

Bridge Corporate Investments 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.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year.

Preparation of consolidated financial statements

The financial statements contain information about Bridge Corporate Investments Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover comprises the value of sales (excluding value added tax, similar taxes and trade discounts) of services provided in the normal course of business. Revenue is recognised in respect of service contracts when the company obtains the right to consideration.

Tangible fixed assets

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

Computer equipment

-

Straight line over 3 years

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at

transaction price. Any losses arising from impairment are recognised in the income statement.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 13 (2021 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2022

and 31 December 2022

5,279

DEPRECIATION

At 1 January 2022

3,108

Charge for year

311

At 31 December 2022

3,419

NET BOOK VALUE

At 31 December 2022

1,860

At 31 December 2021

2,171

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 January 2022

5

Disposals

(2

)

At 31 December 2022

3

NET BOOK VALUE

At 31 December 2022

3

At 31 December 2021

5

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2022

2021

value:

£

£

100

Ordinary

£1

100

100

7.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The pension charge represents contributions from the company and amounted to £18,802 (2021 - £10,975).

8.	RELATED PARTY DISCLOSURES

The key management are considered to be the directors, who draw their remuneration from another group company.

9.	ULTIMATE PARENT COMPANY

Trigo Western Europe (incorporated in France) is regarded by the directors as being the company's ultimate parent company. The register office for the company is as follows;

4 Avenue Pablo Picasso

Nanterre

Paris

France

92000