Company Registration No. NI684824 (Northern Ireland)
Broadway Neill Limited
Unaudited accounts
for the period from 7 January 2022 to 31 January 2023
Broadway Neill Limited
Statement of financial position
as at 31 January 2023
Cash at bank and in hand
7,198
Creditors: amounts falling due within one year
(5,200)
Total assets less current liabilities
342,212
Provisions for liabilities
Called up share capital
30,691
Profit and loss account
273,580
Shareholders' funds
304,271
For the period ending 31 January 2023 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 director acknowledges his 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.
The financial statements were approved by the Board and authorised for issue on 5 October 2023 and were signed on its behalf by
Patrick Neill
Director
Company Registration No. NI684824
Broadway Neill Limited
Notes to the Accounts
for the period from 7 January 2022 to 31 January 2023
Broadway Neill Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI684824. The registered office is Unit 2 Channel Wharf, 21 Old Channel Road, Belfast, Antrim, BT3 9DE, United Kingdom.
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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 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.
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be measured reliably. Turnover comprises dividend income received from investments.
Investments in shares are included at fair value with changes in fair value recognised through the profit and loss account.
The director believes that the company Broadway Neill Limited has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least a period of 12 months from the date of approval of the financial statements. Accordingly, the company continues to adopt the going concern basis in preparation of its financial statements.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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Investments
Other investments
Valuation at 7 January 2022
-
Fair value adjustments
229,572
Valuation at 31 January 2023
340,214
Broadway Neill Limited
Notes to the Accounts
for the period from 7 January 2022 to 31 January 2023
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Creditors: amounts falling due within one year
2023
Loans from directors
4,000
Revaluation of investment property
37,941
Charged to the profit and loss account
37,941
Provision at end of period
37,941
Allotted, called up and fully paid:
30,691 Ordinary shares of £1 each
30,691
Shares issued during the period:
30,691 Ordinary shares of £1 each
30,691
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Average number of employees
During the period the average number of employees was 0.