Company Registration No. 13091955 (England and Wales)
BROADWEST PROPERTY INVESTMENTS LTD
Unaudited accounts
for the year ended 31 December 2023
BROADWEST PROPERTY INVESTMENTS LTD
Unaudited accounts
Contents
BROADWEST PROPERTY INVESTMENTS LTD
Company Information
for the year ended 31 December 2023
Director
Manmohan Singh CHAWLA
Company Number
13091955 (England and Wales)
Registered Office
113 LONDON ROAD
ST ALBANS
HERTFORDSHIRE
AL1 1LR
UNITED KINGDOM
Accountants
Adam Accountancy Limited
324 Bath Road, Slough
Royal Berkshire
United Kingdom
SL1 6JA
BROADWEST PROPERTY INVESTMENTS LTD
Statement of financial position
as at 31 December 2023
Tangible assets
2,142,394
2,142,394
Cash at bank and in hand
549
54,392
Creditors: amounts falling due within one year
(480)
(480)
Net current assets
69
53,912
Total assets less current liabilities
2,142,463
2,196,306
Creditors: amounts falling due after more than one year
(2,279,944)
(2,220,762)
Net liabilities
(137,481)
(24,456)
Called up share capital
100
100
Profit and loss account
(137,581)
(24,556)
Shareholders' funds
(137,481)
(24,456)
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 September 2024 and were signed on its behalf by
Manmohan Singh CHAWLA
Director
Company Registration No. 13091955
BROADWEST PROPERTY INVESTMENTS LTD
Notes to the Accounts
for the year ended 31 December 2023
BROADWEST PROPERTY INVESTMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 13091955. The registered office is 113 LONDON ROAD, ST ALBANS, HERTFORDSHIRE, AL1 1LR, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
At 1 January 2023
2,142,394
At 31 December 2023
2,142,394
At 31 December 2023
2,142,394
At 31 December 2022
2,142,394
5
Creditors: amounts falling due within one year
2023
2022
BROADWEST PROPERTY INVESTMENTS LTD
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
1,253,170
1,197,083
Amounts owed to group undertakings and other participating interests
347,085
235,085
Loans from directors
679,689
788,594
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Average number of employees
During the year the average number of employees was 0 (2022: 0).