Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-30false22022-11-01falseThe company's principal activity for the period was that of construction of commercial buildings.2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03082904 2022-11-01 2023-11-30 03082904 2021-11-01 2022-10-31 03082904 2023-11-30 03082904 2022-10-31 03082904 c:Director2 2022-11-01 2023-11-30 03082904 d:FurnitureFittings 2022-11-01 2023-11-30 03082904 d:FurnitureFittings 2023-11-30 03082904 d:FurnitureFittings 2022-10-31 03082904 d:OfficeEquipment 2022-11-01 2023-11-30 03082904 d:OfficeEquipment 2023-11-30 03082904 d:OfficeEquipment 2022-10-31 03082904 d:CurrentFinancialInstruments 2023-11-30 03082904 d:CurrentFinancialInstruments 2022-10-31 03082904 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 03082904 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 03082904 d:ShareCapital 2023-11-30 03082904 d:ShareCapital 2022-10-31 03082904 d:RetainedEarningsAccumulatedLosses 2023-11-30 03082904 d:RetainedEarningsAccumulatedLosses 2022-10-31 03082904 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-11-30 03082904 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-10-31 03082904 c:FRS102 2022-11-01 2023-11-30 03082904 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-11-30 03082904 c:FullAccounts 2022-11-01 2023-11-30 03082904 c:PrivateLimitedCompanyLtd 2022-11-01 2023-11-30 03082904 2 2022-11-01 2023-11-30 03082904 e:PoundSterling 2022-11-01 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 03082904










BROADLEAF CONSTRUCTION LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 NOVEMBER 2023

 
BROADLEAF CONSTRUCTION LIMITED
REGISTERED NUMBER: 03082904

BALANCE SHEET
AS AT 30 NOVEMBER 2023

30 November
31 October
2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
2,958
2,428

Cash at bank and in hand
 6 
38,615
11,325

  
41,573
13,753

Creditors: amounts falling due within one year
 7 
(8,517)
(13,722)

Net current assets
  
 
 
33,056
 
 
31

Total assets less current liabilities
  
33,056
31

  

Net assets
  
33,056
31


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
32,956
(69)

  
33,056
31


Page 1

 
BROADLEAF CONSTRUCTION LIMITED
REGISTERED NUMBER: 03082904
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 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 period 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 income and retained earnings 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 by: 




................................................
Mr N J Watts
Director
Date: 16 August 2024

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
BROADLEAF CONSTRUCTION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

1.


General information

Broadleaf Construction Limited is a private company incorporated in the United Kingdom, registered in England and Wales. The registered office is Unit 6, The Camp Industrial Estate, Rycote Lane Milton Common, Thame Oxfordshire, OX9 2NP. 

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on the going concern basis which assumes that the company will continue in operational existance for the foreseeable future.

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

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.

Page 3

 
BROADLEAF CONSTRUCTION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
15%
Office equipment
-
15%

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 profit or loss.

 
2.6

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.

 
2.7

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.

 
2.8

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.

Page 4

 
BROADLEAF CONSTRUCTION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 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.

Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.

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 and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Other financial assets

Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

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. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Page 5

 
BROADLEAF CONSTRUCTION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

3.


Employees

The average monthly number of employees, including directors, during the period was 2 (2022 - 2).


4.


Tangible fixed assets







Fixtures & fittings
Office equipment
Total

£
£
£



Cost or valuation


At 1 November 2022
1,000
595
1,595



At 30 November 2023

1,000
595
1,595



Depreciation


At 1 November 2022
1,000
595
1,595



At 30 November 2023

1,000
595
1,595



Net book value



At 30 November 2023
-
-
-



At 31 October 2022
-
-
-


5.


Debtors

30 November
31 October
2023
2022
£
£


Prepayments and accrued income
2,958
2,428

2,958
2,428


Page 6

 
BROADLEAF CONSTRUCTION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

6.


Cash and cash equivalents

30 November
31 October
2023
2022
£
£

Cash at bank and in hand
38,615
11,325

38,615
11,325



7.


Creditors: Amounts falling due within one year

30 November
31 October
2023
2022
£
£

Trade creditors
-
4,470

Other taxation and social security
301
1,034

Other creditors
5,856
5,858

Accruals and deferred income
2,360
2,360

8,517
13,722



8.


Financial instruments

30 November
31 October
2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
38,615
11,324




Financial assets measured at fair value through profit or loss comprise of cash at bank.


9.


Related party transactions

During the year the company had transactions with Broadleaf Joinery Limited, a company in which Mrs B J Watts owns 50% of the issued share capital. Broadleaf Construction paid Broadleaf Joinery £NIL for materials during the year. Amounts owed to Broadleaf Joinery at the year end was £5,857 (2022 £5,857)

Page 7

 
BROADLEAF CONSTRUCTION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

10.


Controlling party

The company is controlled by Mrs B J Watts, who owns 80% of the issued share capital.

 
Page 8