BROUGHTON FINANCIAL MANAGEMENT SERVICES LTD

Company Registration Number:
04635743 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

BROUGHTON FINANCIAL MANAGEMENT SERVICES LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 11

BROUGHTON FINANCIAL MANAGEMENT SERVICES LTD

Company Information

for the Period Ended 31 January 2024




Director: Richard Levy
Secretary: Marie Levy
Registered office: 18
Broughton Avenue
Finchley
London
N3 3ER
Company Registration Number: 04635743 (England and Wales)

BROUGHTON FINANCIAL MANAGEMENT SERVICES LTD

Directors' Report Period Ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Principal Activities

The Company's principal activity during the year was the provision of financial management and consultancy services.

Directors

The directors shown below have held office during the whole of the period from 01 February 2023 to 31 January 2024
Richard Levy

Secretary
Marie Levy

This report was approved by the board of directors on 29 October 2024
And Signed On Behalf Of The Board By:

Name: Richard Levy
Status: Director

BROUGHTON FINANCIAL MANAGEMENT SERVICES LTD

Balance sheet

As at 31 January 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 5 10,000 10,000
Tangible assets: 6 144 192
Total fixed assets: 10,144 10,192
Current assets
Debtors: 5,003 5,000
Cash at bank and in hand: 31,367 37,900
Total current assets: 36,370 42,900
Creditors: amounts falling due within one year: ( 9,586 ) ( 20,915 )
Net current assets (liabilities): 26,784 21,985
Total assets less current liabilities: 36,928 32,177
Total net assets (liabilities): 36,928 32,177

The notes form part of these financial statements

BROUGHTON FINANCIAL MANAGEMENT SERVICES LTD

Balance sheet continued

As at 31 January 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 36,927 32,176
Shareholders funds: 36,928 32,177

For the year ending 31 January 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 29 October 2024
And Signed On Behalf Of The Board By:

Name: Richard Levy
Status: Director

The notes form part of these financial statements

BROUGHTON FINANCIAL MANAGEMENT SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents share of net revenue exclusive of VAT.

    Tangible fixed assets depreciation policy

    Depreciation is provided in equal amounts each year or period in order to write off the cost of tangible fixed assets over their anticipated useful lives. Full depreciation is charged in the period of acquisition, and no depreciation is provided in the period in which the assets are
    sold or scrapped. The estimated useful life of the Company's office equipment is 4 years.

BROUGHTON FINANCIAL MANAGEMENT SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

BROUGHTON FINANCIAL MANAGEMENT SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 3. Off balance sheet disclosure

    No

BROUGHTON FINANCIAL MANAGEMENT SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Dividends


2024
£

2023
£
Dividends paid 15,000 15,000

BROUGHTON FINANCIAL MANAGEMENT SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 5. Intangible assets

    Total
    Cost £
    At 01 February 2023 25,000
    Additions -
    Disposals -
    Revaluations -
    Transfers -
    At 31 January 2024 25,000
    Amortisation
    Amortisation at 01 February 2023 15,000
    Charge for year -
    On disposals -
    Other adjustments -
    Amortisation at 31 January 2024 15,000
    Net book value
    Net book value at 31 January 2024 10,000
    Net book value at 31 January 2023 10,000

BROUGHTON FINANCIAL MANAGEMENT SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

6. Tangible Assets

Total
Cost £
At 01 February 2023 8,445
Additions -
Disposals -
Revaluations -
Transfers -
At 31 January 2024 8,445
Depreciation
At 01 February 2023 8,253
Charge for year 48
On disposals -
Other adjustments -
At 31 January 2024 8,301
Net book value
At 31 January 2024 144
At 31 January 2023 192