Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-28trueNo description of principal activityfalse32022-03-013trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02099238 2022-03-01 2023-02-28 02099238 2021-03-01 2022-02-28 02099238 2023-02-28 02099238 2022-02-28 02099238 c:Director1 2022-03-01 2023-02-28 02099238 d:Buildings 2022-03-01 2023-02-28 02099238 d:Buildings d:LongLeaseholdAssets 2023-02-28 02099238 d:Buildings d:LongLeaseholdAssets 2022-02-28 02099238 d:PlantMachinery 2022-03-01 2023-02-28 02099238 d:CurrentFinancialInstruments 2023-02-28 02099238 d:CurrentFinancialInstruments 2022-02-28 02099238 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 02099238 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 02099238 d:ShareCapital 2023-02-28 02099238 d:ShareCapital 2022-02-28 02099238 d:RetainedEarningsAccumulatedLosses 2023-02-28 02099238 d:RetainedEarningsAccumulatedLosses 2022-02-28 02099238 c:FRS102 2022-03-01 2023-02-28 02099238 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 02099238 c:FullAccounts 2022-03-01 2023-02-28 02099238 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure
Registered number: 02099238









BROADGATE ARCH UNLIMITED

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2023

 
BROADGATE ARCH UNLIMITED
REGISTERED NUMBER: 02099238

BALANCE SHEET
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
7,335,873
7,335,873

Current assets
  

Debtors: amounts falling due within one year
 5 
307,397
198,418

Cash at bank and in hand
  
494,635
508,941

  
802,032
707,359

Creditors: amounts falling due within one year
 6 
(91,244)
(109,249)

Net current assets
  
 
 
710,788
 
 
598,110

Total assets less current liabilities
  
8,046,661
7,933,983

Provisions for liabilities
  

Deferred tax
  
(53,263)
(53,126)

  
 
 
(53,263)
 
 
(53,126)

Net assets
  
7,993,398
7,880,857


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
7,993,298
7,880,757

  
7,993,398
7,880,857


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 21 November 2023.




................................................
Mrs S M Robson
Director

Page 1

 
BROADGATE ARCH UNLIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


General information

Broadgate Arch Unlimited is a private company, whose share capital is unlimited, incorporated in England and Wales, registration number 02099238.  The registered office is Anglia House, 6 Central Avenue, St Andrews Business Park, Thorpe St Andrew, Norwich, Norfolk, NR7 0HR.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Page 2

 
BROADGATE ARCH UNLIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Freehold property
-
2% straight line
Plant and machinery
-
25% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Profit and Loss account.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Balance Sheet.

Page 3

 
BROADGATE ARCH UNLIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)

 
2.9

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets
Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs.
Basic financial liabilities
Basic financial liabilities, which include trade and other payables are initially measured at their transaction price after transaction costs.
Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 3).


4.


Tangible fixed assets





Property investment

£



Cost or valuation


At 1 March 2022
7,335,873



At 28 February 2023

7,335,873






Net book value



At 28 February 2023
7,335,873



At 28 February 2022
7,335,873


5.


Debtors

2023
2022
£
£


Other debtors
307,397
198,418


Page 4

 
BROADGATE ARCH UNLIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
26,302
60,494

Other creditors
62,668
46,605

Accruals and deferred income
2,274
2,150

91,244
109,249



7.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £180,000 (2022 - £Nil). Contributions totalling £Nil (2022 - £Nil) were payable to the fund at the balance sheet date.


Page 5