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REGISTERED NUMBER: 06404561 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

J Broderick Limited

J Broderick Limited (Registered number: 06404561)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


J Broderick Limited

Company Information
for the Year Ended 31 October 2023







DIRECTOR: Mr John P Broderick





REGISTERED OFFICE: Connect Business Village
24 Derby Road
Unit 5, 1st Floor
Liverpool
Merseyside
L5 9PR





REGISTERED NUMBER: 06404561 (England and Wales)





ACCOUNTANTS: LJS Accounting Services (UK) Ltd
Unit 5, 1st Floor
Connect Business Village
24 Derby Road
Liverpool
Merseyside
L5 9PR

J Broderick Limited (Registered number: 06404561)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 112,315 75,929

CURRENT ASSETS
Debtors 5 34,344 19,506
Cash at bank 73,403 108,364
107,747 127,870
CREDITORS
Amounts falling due within one year 6 88,631 96,647
NET CURRENT ASSETS 19,116 31,223
TOTAL ASSETS LESS CURRENT
LIABILITIES

131,431

107,152

PROVISIONS FOR LIABILITIES 21,340 14,427
NET ASSETS 110,091 92,725

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 8 110,090 92,724
SHAREHOLDERS' FUNDS 110,091 92,725

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 April 2024 and were signed by:




Mr John P Broderick - Director


J Broderick Limited (Registered number: 06404561)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

J Broderick 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.

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 - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on reducing balance

Taxation
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.

Deferred tax
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 that 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

J Broderick Limited (Registered number: 06404561)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 November 2022 77,666 71,468 499 149,633
Additions 66,500 27,917 1,805 96,222
Disposals (32,393 ) (22,292 ) - (54,685 )
At 31 October 2023 111,773 77,093 2,304 191,170
DEPRECIATION
At 1 November 2022 43,918 29,392 394 73,704
Charge for year 13,571 10,519 382 24,472
Eliminated on disposal (12,007 ) (7,314 ) - (19,321 )
At 31 October 2023 45,482 32,597 776 78,855
NET BOOK VALUE
At 31 October 2023 66,291 44,496 1,528 112,315
At 31 October 2022 33,748 42,076 105 75,929

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 3,391 3,150
Other debtors 30,953 16,356
34,344 19,506

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 25,113 24,500
Hire purchase contracts - 5,833
Trade creditors 822 -
Taxation and social security 7,307 12,241
Other creditors 55,389 54,073
88,631 96,647

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
1 Ordinary £1 1 1

J Broderick Limited (Registered number: 06404561)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

8. RESERVES
Retained
earnings
£   

At 1 November 2022 92,724
Profit for the year 57,366
Dividends (40,000 )
At 31 October 2023 110,090

9. ULTIMATE CONTROLLING PARTY

The company is controlled by the director Mr John Broderick who owns 100% of the called up share capital.