Company Registration No. 00216287 (England and Wales)
Broadway Estate Limited
Unaudited accounts
for the year ended 31 March 2023
Broadway Estate Limited
Unaudited accounts
Contents
Broadway Estate Limited
Company Information
for the year ended 31 March 2023
Directors
Stephen David Cryer
Jean Salthouse
Secretary
Janet Elizabeth Rogers
Company Number
00216287 (England and Wales)
Registered Office
Meadow View
Causeway
Weymouth
Dorset
DT4 9RY
England
Accountants
Oakes Accounting Ltd
37
Meadowcroft
Heswall
Wirral
CH60 1UT
Broadway Estate Limited
Accountants' report
Accountants' report to the board of directors of Broadway Estate Limited (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 March 2023.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 March 2023. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Oakes Accounting Ltd
37
Meadowcroft
Heswall
Wirral
CH60 1UT
28 June 2023
Broadway Estate Limited
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
16,976
42,174
Creditors: amounts falling due within one year
(1,374)
(11,082)
Net current assets
56,012
65,111
Total assets less current liabilities
56,012
65,111
Provisions for liabilities
Other provisions
(14,482)
(11,491)
Called up share capital
15,510
15,510
Profit and loss account
26,020
38,110
Shareholders' funds
41,530
53,620
For the year ending 31 March 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 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.
The financial statements were approved by the Board of Directors and authorised for issue on 28 June 2023 and were signed on its behalf by
Stephen David Cryer
Director
Company Registration No. 00216287
Broadway Estate Limited
Notes to the Accounts
for the year ended 31 March 2023
Broadway Estate Limited is a private company, limited by shares, registered in England and Wales, registration number 00216287. The registered office is Meadow View, Causeway, Weymouth, Dorset, DT4 9RY, England.
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.
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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 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.
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.
The principal activity of the company in the year under review was that of property management.
Raw materials
27,819
27,819
Broadway Estate Limited
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
12,591
6,200
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
1,374
9,039
Taxes and social security
-
2,043
7
Provisions for liabilities
£
Additional provisions made during the period
2,991
Energy Performance Certificate upgrade provision
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).