BROADWAY COSTS CONSULT LTD

Company Registration Number:
10944394 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2023

Period of accounts

Start date: 01 October 2022

End date: 30 September 2023

BROADWAY COSTS CONSULT LTD

Contents of the Financial Statements

for the Period Ended 30 September 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

BROADWAY COSTS CONSULT LTD

Company Information

for the Period Ended 30 September 2023




Director: Kwesi Ofosu-Okyere
Henry Ameyaw
Ernest Ansah
Registered office: 12 Challenge House
616 Mitcham Road
Croydon
England
CR0 3AA
Company Registration Number: 10944394 (England and Wales)

BROADWAY COSTS CONSULT LTD

Directors' Report Period Ended 30 September 2023

The directors present their report with the financial statements of the company for the period ended 30 September 2023

Principal Activities

The company's principal activity during the year continued to be management consultancy other than financial management.

Directors

The directors shown below have held office during the whole of the period from 01 October 2022 to 30 September 2023
Kwesi Ofosu-Okyere
Henry Ameyaw
Ernest Ansah

This report was approved by the board of directors on 20 October 2023
And Signed On Behalf Of The Board By:

Name: Kwesi Ofosu-Okyere
Status: Director

Name: Henry Ameyaw
Status: Director

Name: Ernest Ansah
Status: Director

BROADWAY COSTS CONSULT LTD

Profit and Loss Account

for the Period Ended 30 September 2023


Notes

2023
£

2022
£
Turnover 536,644 448,617
Cost of sales ( 506,317 ) ( 390,420 )
Gross Profit or (Loss) 30,327 58,197
Administrative Expenses ( 40,925 ) ( 53,905 )
Operating Profit or (Loss) ( 10,598 ) 4,292
Profit or (Loss) Before Tax ( 10,598 ) 4,292
Tax on Profit - ( 1,347 )
Profit or (Loss) for Period ( 10,598 ) 2,945

The notes form part of these financial statements

BROADWAY COSTS CONSULT LTD

Balance sheet

As at 30 September 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 4,013 6,813
Total fixed assets: 4,013 6,813
Current assets
Debtors: 5 9,274 9,274
Cash at bank and in hand: 5,316 22,908
Total current assets: 14,590 32,182
Creditors: amounts falling due within one year: 6 ( 6,048 ) ( 10,441 )
Net current assets (liabilities): 8,542 21,741
Total assets less current liabilities: 12,555 28,554
Creditors: amounts falling due after more than one year: 7 ( 12,201 ) ( 17,602 )
Total net assets (liabilities): 354 10,952

The notes form part of these financial statements

BROADWAY COSTS CONSULT LTD

Balance sheet continued

As at 30 September 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2,000 2,000
Profit and loss account: ( 1,646 ) 8,952
Shareholders funds: 354 10,952

For the year ending 30 September 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 20 October 2023
And Signed On Behalf Of The Board By:

Name: Kwesi Ofosu-Okyere
Status: Director

Name: Henry Ameyaw
Status: Director

Name: Ernest Ansah
Status: Director

The notes form part of these financial statements

BROADWAY COSTS CONSULT LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
    Fixtures, fittings, tools and equipment over 5 years

BROADWAY COSTS CONSULT LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 3 3

BROADWAY COSTS CONSULT LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 3. Off balance sheet disclosure

    No

BROADWAY COSTS CONSULT LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

4. Tangible assets

Office equipment Total
Cost £ £
At 01 October 2022 14,013 14,013
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 30 September 2023 14,013 14,013
Depreciation
At 01 October 2022 7,200 7,200
Charge for year 2,800 2,800
On disposals - -
Other adjustments - -
At 30 September 2023 10,000 10,000
Net book value
At 30 September 2023 4,013 4,013
At 30 September 2022 6,813 6,813

BROADWAY COSTS CONSULT LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

5. Debtors


2023
£

2022
£
Trade debtors 9,274 9,274
Total 9,274 9,274

BROADWAY COSTS CONSULT LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 3,072 1,091
Taxation and social security 2,976 9,350
Total 6,048 10,441

BROADWAY COSTS CONSULT LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 12,201 17,602
Total 12,201 17,602