Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31truefalse2023-01-01Non-trading holding company11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02733401 2023-01-01 2023-12-31 02733401 2022-01-01 2022-12-31 02733401 2023-12-31 02733401 2022-12-31 02733401 c:CompanySecretary1 2023-01-01 2023-12-31 02733401 c:Director1 2023-01-01 2023-12-31 02733401 c:RegisteredOffice 2023-01-01 2023-12-31 02733401 d:CurrentFinancialInstruments 2023-12-31 02733401 d:CurrentFinancialInstruments 2022-12-31 02733401 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 02733401 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 02733401 d:ShareCapital 2023-12-31 02733401 d:ShareCapital 2022-12-31 02733401 d:CapitalRedemptionReserve 2023-12-31 02733401 d:CapitalRedemptionReserve 2022-12-31 02733401 d:RetainedEarningsAccumulatedLosses 2023-12-31 02733401 d:RetainedEarningsAccumulatedLosses 2022-12-31 02733401 c:FRS102 2023-01-01 2023-12-31 02733401 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 02733401 c:FullAccounts 2023-01-01 2023-12-31 02733401 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 02733401 6 2023-01-01 2023-12-31 02733401 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Registered number: 02733401














THE BROADLEY ENTERTAINMENT GROUP LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 DECEMBER 2023

 
THE BROADLEY ENTERTAINMENT GROUP LIMITED
 
 
COMPANY INFORMATION


Director
E Elias 




Company secretary
J Elias



Registered number
02733401



Registered office
5 Elstree Gate
Elstree Way

Borehamwood

Hertfordshire

United Kingdom

WD6 1JD




Accountants
Sopher + Co LLP
Chartered Accountants

5 Elstree Gate

Elstree Way

Borehamwood

Hertfordshire

WD6 1JD





 
THE BROADLEY ENTERTAINMENT GROUP LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
 
1 - 2
Notes to the Financial Statements
 
 
3 - 5


 
THE BROADLEY ENTERTAINMENT GROUP LIMITED
REGISTERED NUMBER:02733401

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
1,246,502
1,246,502

  
1,246,502
1,246,502

Current assets
  

Debtors: amounts falling due within one year
 5 
796,196
776,951

  
796,196
776,951

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(2,009,607)
(1,988,362)

Net current liabilities
  
 
 
(1,213,411)
 
 
(1,211,411)

Net assets
  
33,091
35,091


Capital and reserves
  

Called up share capital 
  
181
181

Capital redemption reserve
  
19
19

Profit and loss account
  
32,891
34,891

  
33,091
35,091


Page 1

 
THE BROADLEY ENTERTAINMENT GROUP LIMITED
REGISTERED NUMBER:02733401
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

The director considers 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 director acknowledges his 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 by: 




E Elias
Director

Date: 17 September 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
THE BROADLEY ENTERTAINMENT GROUP LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

The Broadley Entertainment Group Limited is a private company limited by shares incorporated in England and Wales. The registered office is 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, United Kingdom, WD6 1JD.
The principal activity of the company continued to be that of a non-trading holding company.
The company's functional and presentational currency is £ Sterling.

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

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

Associates and joint ventures

Associates and Joint Ventures are held at cost less impairment.

 
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

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.

 
2.7

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 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.
Page 3

 
THE BROADLEY ENTERTAINMENT GROUP LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)


2.7
Financial instruments (continued)


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.

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 payments 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.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Fixed asset investments





Investments in subsidiary companies
Investments in associates
Total

£
£
£



Cost or valuation


At 1 January 2023
302
1,246,200
1,246,502



At 31 December 2023
302
1,246,200
1,246,502




Page 4

 
THE BROADLEY ENTERTAINMENT GROUP LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
796,196
776,951

796,196
776,951



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
1,967,331
1,965,815

Other creditors
42,276
22,547

2,009,607
1,988,362



7.


Related party transactions

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
Included within other creditors is £42,276 (2022 - £22,547) owed to the director.  This amount is interest free and repayable on demand.

Page 5