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REGISTERED NUMBER: 03801742 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2023

for

Broadway Kitchens & Bedrooms (Midlands)
Limited

Broadway Kitchens & Bedrooms (Midlands)
Limited (Registered number: 03801742)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Broadway Kitchens & Bedrooms (Midlands)
Limited

Company Information
for the Year Ended 30 September 2023







DIRECTORS: A Kandolla
S S Sembhy





SECRETARY: S S Sembhy





REGISTERED OFFICE: Broadway House
84 Bath Street Walsall
West Midlands
WS1 3DE





REGISTERED NUMBER: 03801742 (England and Wales)





ACCOUNTANTS: GHK Accountants
140 High Street
Smethwick
B66 3AP

Broadway Kitchens & Bedrooms (Midlands)
Limited (Registered number: 03801742)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 120,116 132,175
Investments 5 299,936 299,936
420,052 432,111

CURRENT ASSETS
Stocks 112,000 105,000
Debtors 6 155,836 33,888
Cash at bank and in hand 127,462 307,998
395,298 446,886
CREDITORS
Amounts falling due within one year 7 266,214 291,237
NET CURRENT ASSETS 129,084 155,649
TOTAL ASSETS LESS CURRENT
LIABILITIES

549,136

587,760

CREDITORS
Amounts falling due after more than one
year

8

(108,333

)

(158,333

)

PROVISIONS FOR LIABILITIES (25,113 ) (25,113 )
NET ASSETS 415,690 404,314

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 415,590 404,214
415,690 404,314

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Broadway Kitchens & Bedrooms (Midlands)
Limited (Registered number: 03801742)

Balance Sheet - continued
30 September 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 Board of Directors and authorised for issue on 19 September 2024 and were signed on its behalf by:




A Kandolla - Director



S S Sembhy - Director


Broadway Kitchens & Bedrooms (Midlands)
Limited (Registered number: 03801742)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Broadway Kitchens & Bedrooms (Midlands) 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2022 - 23 ) .

Broadway Kitchens & Bedrooms (Midlands)
Limited (Registered number: 03801742)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022 608,307
Additions 43,993
Disposals (27,000 )
At 30 September 2023 625,300
DEPRECIATION
At 1 October 2022 476,132
Charge for year 29,052
At 30 September 2023 505,184
NET BOOK VALUE
At 30 September 2023 120,116
At 30 September 2022 132,175

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 October 2022
and 30 September 2023 299,936
NET BOOK VALUE
At 30 September 2023 299,936
At 30 September 2022 299,936

The directors have considered the value of the assets without revaluing them. The directors are satisfied that the aggregate value of those assets at the time in question was not less than the aggregate amount at which they were stated in the company accounts.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 23,754 2,672
Amounts owed by group undertakings 99,941 7,826
Other debtors 32,141 23,390
155,836 33,888

Broadway Kitchens & Bedrooms (Midlands)
Limited (Registered number: 03801742)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans and overdrafts 50,000 50,000
Trade creditors 81,506 84,376
Amounts owed to participating interests 2,000 2,000
Taxation and social security 70,783 46,553
Other creditors 61,925 108,308
266,214 291,237

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.23 30.9.22
£    £   
Bank loans 108,333 158,333