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REGISTERED NUMBER: 04402419 (England and Wales)















BROADLAND PROPERTY INVESTMENT LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2023






BROADLAND PROPERTY INVESTMENT LIMITED (REGISTERED NUMBER: 04402419)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


BROADLAND PROPERTY INVESTMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2023







DIRECTORS: Mr. S R Navidi
Mr. J R Navidi
Mr. H Rajai-Navidi
Mrs. E W L R Navidi





REGISTERED OFFICE: 4
Mill Barn
Mill Road
Boverton
Vale of Glamorgan
CF61 1UB





REGISTERED NUMBER: 04402419 (England and Wales)





ACCOUNTANTS: Carston Chartered Accountants
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

BROADLAND PROPERTY INVESTMENT LIMITED (REGISTERED NUMBER: 04402419)

STATEMENT OF FINANCIAL POSITION
31ST MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1 1
Investment property 5 4,178,431 4,178,431
4,178,432 4,178,432

CURRENT ASSETS
Debtors 6 13,331 -
Cash at bank 542,830 300,598
556,161 300,598
CREDITORS
Amounts falling due within one year 7 2,119,487 1,989,739
NET CURRENT LIABILITIES (1,563,326 ) (1,689,141 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,615,106 2,489,291

CREDITORS
Amounts falling due after more than one year 8 965,237 965,237
NET ASSETS 1,649,869 1,524,054

CAPITAL AND RESERVES
Called up share capital 9 1 1
Revaluation reserve 10 683,572 683,572
Retained earnings 966,296 840,481
SHAREHOLDERS' FUNDS 1,649,869 1,524,054

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 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.

BROADLAND PROPERTY INVESTMENT LIMITED (REGISTERED NUMBER: 04402419)

STATEMENT OF FINANCIAL POSITION - continued
31ST MARCH 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14th November 2023 and were signed on its behalf by:





Mrs. E W L R Navidi - Director


BROADLAND PROPERTY INVESTMENT LIMITED (REGISTERED NUMBER: 04402419)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023


1. STATUTORY INFORMATION

Broadland Property Investment 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 10% straight line on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

BROADLAND PROPERTY INVESTMENT LIMITED (REGISTERED NUMBER: 04402419)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1st April 2022
and 31st March 2023 26,953
DEPRECIATION
At 1st April 2022
and 31st March 2023 26,952
NET BOOK VALUE
At 31st March 2023 1
At 31st March 2022 1

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st April 2022
and 31st March 2023 4,178,431
NET BOOK VALUE
At 31st March 2023 4,178,431
At 31st March 2022 4,178,431

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 13,331 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 60,029 60,029
Taxation and social security 48,131 42,898
Other creditors 2,011,327 1,886,812
2,119,487 1,989,739

BROADLAND PROPERTY INVESTMENT LIMITED (REGISTERED NUMBER: 04402419)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 965,237 965,237

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 965,237 965,237

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1 1 1

10. RESERVES
Revaluation
reserve
£   
At 1st April 2022
and 31st March 2023 683,572