Company Registration No. 03929711 (England and Wales)
Bridge Wharf Limited
Unaudited accounts
for the year ended 28 February 2018
Bridge Wharf Limited
Unaudited accounts
Contents
Bridge Wharf Limited
Company Information
for the year ended 28 February 2018
Directors
Nicholas Heyes
Andrew Smythe
Company Number
03929711 (England and Wales)
Registered Office
PRIORY COURT 83 PRIORY ROAD
LOWER COMPTON
PLYMOUTH
DEVON
PL3 5ER
Accountants
PBS Accounting
Falcon Business Centre
Eagle Road, Plympton
Plymouth
Devon
PL7 5JY
Bridge Wharf Limited
Statement of financial position
as at 28 February 2018
Tangible assets
469,847
469,847
Cash at bank and in hand
9,639
56
Creditors: amounts falling due within one year
(79,901)
(82,805)
Net current liabilities
(70,024)
(80,368)
Total assets less current liabilities
399,823
389,479
Creditors: amounts falling due after more than one year
(263,748)
(266,559)
Net assets
136,075
122,920
Called up share capital
2,000
2,000
Profit and loss account
134,075
120,920
Shareholders' funds
136,075
122,920
For the year ending 28 February 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 25 July 2018.
Andrew Smythe
Director
Company Registration No. 03929711
Bridge Wharf Limited
Notes to the Accounts
for the year ended 28 February 2018
Bridge Wharf Limited is a private company, limited by shares, registered in England and Wales, registration number 03929711. The registered office is PRIORY COURT 83 PRIORY ROAD, LOWER COMPTON, PLYMOUTH, DEVON, PL3 5ER. The principal place of business is Bridge Wharf, 156/156a Caledonian Road, London, N1 9UU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Investments in shares are included at fair value.
The Directors have a reasonable expectation that the company has adequate resources for the future. Accordingly they continue to adopt the going concern basis in preparing the annual reports and accounts.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Bridge Wharf Limited
Notes to the Accounts
for the year ended 28 February 2018
4
Tangible fixed assets
Land & buildings
At 28 February 2018
469,847
At 28 February 2018
469,847
At 28 February 2017
469,847
Disposal of shares in investment company made during the year for nil consideration
Accrued income and prepayments
238
619
7
Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
7,103
10,892
Trade creditors
1,453
1,113
Taxes and social security
3,103
2,498
Loans from directors
67,097
67,097
8
Creditors: amounts falling due after more than one year
2018
2017
Bank loans
263,748
266,559
Aggregate of amounts that fall due for payment after five years
136,460
142,349
Commercial Mortage secured on the property
Allotted, called up and fully paid:
2,000 Ordinary shares of £1 each
2,000
2,000
Bridge Wharf Limited
Notes to the Accounts
for the year ended 28 February 2018
10
Average number of employees
During the year the average number of employees was 0 (2017: 0).
