Bridgepond Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09910859 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2017

FOR

BRIDGEPOND LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M R N Callen

A K Hamilton

Ms D Moreside

J A Sykes

REGISTERED OFFICE:

Unit 3 Terrano House

Melliss Avenue

Richmond

Surrey

TW9 4BZ

REGISTERED NUMBER:

09910859 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Investments

3

40,000

30,000

CURRENT ASSETS

Debtors

4

82,800

4,684

Cash at bank

6,401

1,513

89,201

6,197

CREDITORS

Amounts falling due within one year

5

311,787

154,167

NET CURRENT LIABILITIES

(222,586

)

(147,970

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(182,586

)

(117,970

)

CREDITORS

Amounts falling due after more than one year

6

-

11,700

NET LIABILITIES

(182,586

)

(129,670

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(182,686

)

(129,770

)

(182,586

)

(129,670

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 20 September 2018 and were signed on its behalf by:

A K Hamilton - Director

1.	STATUTORY INFORMATION

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

Preparation of consolidated financial statements

The financial statements contain information about Bridgepond Limited 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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.

Going concern

These accounts have been prepared on the going concern basis, on the understanding that the directors and

shareholders will continue to financially support the company.

3.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2017

30,000

Additions

10,000

At 31 December 2017

40,000

NET BOOK VALUE

At 31 December 2017

40,000

At 31 December 2016

30,000

4.

DEBTORS

31.12.17

31.12.16

£

£

Amounts falling due within one year:

Trade debtors

10,000

-

Other debtors

-

4,684

10,000

4,684

Amounts falling due after more than one year:

Amounts owed by group undertakings

72,800

-

Aggregate amounts

82,800

4,684

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Trade creditors

3,996

9,203

Taxation and social security

1,322

-

Other creditors

306,469

144,964

311,787

154,167

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.17

31.12.16

£

£

Amounts owed to group undertakings

-

11,700

7.	RELATED PARTY DISCLOSURES

Bridgepond Limited owns 80% of the share capital of On Demand Solutions International Limited, a company

with common directors. At the year end On Demand Solutions Limited owed the company £72,800.

Included within other creditors are directors loans of £302,298 (2016: £143,362).