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REGISTERED NUMBER: 04033015 (England and Wales)















Unaudited Financial Statements

for the Year Ended

31 December 2023

for

Broadbent's County Estates Limited

Broadbent's County Estates Limited (Registered number: 04033015)

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










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Broadbent's County Estates Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: C M Broadbent





REGISTERED OFFICE: Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP





REGISTERED NUMBER: 04033015 (England and Wales)





ACCOUNTANTS: The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Broadbent's County Estates Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Broadbent's County Estates Limited for the year ended 31 December 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Broadbent's County Estates Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Broadbent's County Estates Limited and state those matters that we have agreed to state to the director of Broadbent's County Estates Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Broadbent's County Estates Limited and its director for our work or for this report.

It is your duty to ensure that Broadbent's County Estates Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Broadbent's County Estates Limited. You consider that Broadbent's County Estates Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Broadbent's County Estates Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP


4 September 2024

Broadbent's County Estates Limited (Registered number: 04033015)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 255,024 255,024
255,024 255,024

CURRENT ASSETS
Debtors 6 549 -
Cash at bank 3,135 1,360
3,684 1,360
CREDITORS
Amounts falling due within one year 7 131,862 126,443
NET CURRENT LIABILITIES (128,178 ) (125,083 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

126,846

129,941

PROVISIONS FOR LIABILITIES 26,273 26,273
NET ASSETS 100,573 103,668

CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 10 116,729 116,729
Retained earnings (16,256 ) (13,161 )
SHAREHOLDERS' FUNDS 100,573 103,668

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Broadbent's County Estates Limited (Registered number: 04033015)

Balance Sheet - continued
31 December 2023


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 4 September 2024 and were signed by:





C M Broadbent - Director


Broadbent's County Estates Limited (Registered number: 04033015)

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


1. STATUTORY INFORMATION

Broadbent's County Estates 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rents receivable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Broadbent's County Estates Limited (Registered number: 04033015)

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


3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 January 2023
and 31 December 2023 8,239
DEPRECIATION
At 1 January 2023
and 31 December 2023 8,239
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023
and 31 December 2023 255,024
NET BOOK VALUE
At 31 December 2023 255,024
At 31 December 2022 255,024

No professional valuation of the properties was undertaken, in the opinion of the director the market values as stated in the accounts are justified.

On an historical cost basis these would have been included at an original cost of £117,022 (2022: £117,022).

Broadbent's County Estates Limited (Registered number: 04033015)

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


5. INVESTMENT PROPERTY - continued

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2008 73,002
Valuation in 2018 25,000
Valuation in 2020 (5,000 )
Valuation in 2022 45,000
Cost 117,022
255,024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Prepayments and accrued income 549 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 2,410 1,700
Other creditors 36,417 36,417
Directors' current accounts 91,347 86,769
Accrued expenses 1,688 1,557
131,862 126,443

8. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Loan 36,417 36,417

A debenture dated 6 May 2009 was created in the name of Mrs H Broadbent over the fixed and floating charge over the company undertakings and assets.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary shares £1 100 100

Broadbent's County Estates Limited (Registered number: 04033015)

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


10. RESERVES
Revaluation
reserve
£   
At 1 January 2023
and 31 December 2023 116,729