Caseware UK (AP4) 2022.0.179 2022.0.179 true2023-01-01trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activityfalse00 06309663 2023-01-01 2023-12-31 06309663 2023-12-31 06309663 2022-01-01 2022-12-31 06309663 2022-12-31 06309663 c:Director1 2023-01-01 2023-12-31 06309663 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 06309663 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 06309663 d:ShareCapital 2023-12-31 06309663 d:ShareCapital 2022-12-31 06309663 d:SharePremium 2023-12-31 06309663 d:SharePremium 2022-12-31 06309663 d:RetainedEarningsAccumulatedLosses 2023-12-31 06309663 d:RetainedEarningsAccumulatedLosses 2022-12-31 06309663 c:OrdinaryShareClass1 2023-01-01 2023-12-31 06309663 c:OrdinaryShareClass1 2023-12-31 06309663 c:OrdinaryShareClass1 2022-12-31 06309663 c:OrdinaryShareClass2 2023-01-01 2023-12-31 06309663 c:OrdinaryShareClass2 2023-12-31 06309663 c:OrdinaryShareClass2 2022-12-31 06309663 c:OrdinaryShareClass3 2023-01-01 2023-12-31 06309663 c:OrdinaryShareClass3 2023-12-31 06309663 c:OrdinaryShareClass3 2022-12-31 06309663 c:FRS102 2023-01-01 2023-12-31 06309663 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 06309663 c:FullAccounts 2023-01-01 2023-12-31 06309663 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 06309663 6 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 06309663













Broadmedia Holdings Limited

Financial statements
Information for filing with the registrar

31 December 2023




 
Broadmedia Holdings Limited


Balance sheet
At 31 December 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
50,502
50,502

  
50,502
50,502

Current assets
  

Bank and cash balances
  
5
5

  
5
5

Creditors: amounts falling due within one year
  
(1,813)
(900)

Net current liabilities
  
 
 
(1,808)
 
 
(895)

Total assets less current liabilities
  
48,694
49,607

  

Net assets
  
48,694
49,607


Capital and reserves
  

Called up share capital 
 5 
1,426,041
1,426,041

Share premium account
  
1,354,097
1,354,097

Profit and loss account
  
(2,731,444)
(2,730,531)

Shareholders' funds
  
48,694
49,607


1

 
Broadmedia Holdings Limited

    
Balance sheet (continued)
At 31 December 2023

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 statement of comprehensive income 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 12 April 2024.




J B M Leslie
Director

Registered number: 06309663
The notes on pages 3 to 5 form part of these financial statements. 

2

 
Broadmedia Holdings Limited
 
 

Notes to the financial statements
Year ended 31 December 2023

1.


General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Citygate, St James' Boulevard, Newcastle upon Tyne, NE1 4JE.

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

Going concern

The company continues with the ongoing support of the parent company and the directors and shareholders. Thus the directors have reasonable expectation at the time of approving the financial statements that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

  
2.5

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.


3.


Employees

The company has no employees other than the directors, who did not receive any remuneration (2022 - £Nil)

3

 
Broadmedia Holdings Limited
 
 

Notes to the financial statements
Year ended 31 December 2023

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2023
50,502



At 31 December 2023
50,502






Net book value



At 31 December 2023
50,502



At 31 December 2022
50,502

4

 
Broadmedia Holdings Limited
 
 

Notes to the financial statements
Year ended 31 December 2023

5.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



439,499 (2022 - 439,499) Ordinary shares of £0.01 each
4,395
4,395
817,998 (2022 - 817,998) Ordinary shares of £1.00 each
817,998
817,998
3,018,240 (2022 - 3,018,240) Ordinary shares of £0.20 each
603,648
603,648

1,426,041

1,426,041



6.


Related party transactions

During the year under review The Broadband Computer Company Limited (a wholly owned subsidiary in which J Dixon and JBM Leslie are directors) loaned £913 to Broadmedia Holdings. The balance due to the company at the year end was £913 (2022: £Nil).


7.


Controlling party

Alex Media Technology Ltd, is the parent company (registered in England and Wales) and Alex Media Technology Inc is considered to be the ultimate controlling party, incorporated in New Brunswick, Canada.

 
5