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REGISTERED NUMBER: 05403043 (England and Wales)
























Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Broadoak International
Investments Limited

Broadoak International
Investments Limited (Registered number: 05403043)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Broadoak International
Investments Limited

Company Information
for the Year Ended 31 March 2024







Director: P Purnell





Secretary: P Purnell





Registered office: 5 Bluebell Close
Bronmynydd
Abertridwr
Mid Glamorgan
CF83 4GQ





Registered number: 05403043 (England and Wales)





Accountants: Curtis Bowden & Thomas Limited
Chartered Certified Accountants
101 Dunraven Street
Tonypandy
CF40 1AR

Broadoak International
Investments Limited (Registered number: 05403043)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
Fixed assets
Tangible assets 4 5,975 6,949

Current assets
Stocks 465,000 539,800
Debtors 5 46,201 2,634
Cash at bank 5,102 9,051
516,303 551,485
Creditors
Amounts falling due within one year 6 627,930 676,250
Net current liabilities (111,627 ) (124,765 )
Total assets less current liabilities (105,652 ) (117,816 )

Creditors
Amounts falling due after more than one
year

7

(30,776

)

(36,301

)

Provisions for liabilities (861 ) -
Net liabilities (137,289 ) (154,117 )

Capital and reserves
Called up share capital 100 100
Retained earnings (137,389 ) (154,217 )
(137,289 ) (154,117 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Broadoak International
Investments Limited (Registered number: 05403043)

Balance Sheet - continued
31 March 2024


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 15 November 2024 and were signed by:





P Purnell - Director


Broadoak International
Investments Limited (Registered number: 05403043)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. Statutory information

Broadoak International Investments 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.
Plant and machinery etc - 25% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. Employees and directors

The average number of employees during the year was 2 (2023 - 2 ) .

Broadoak International
Investments Limited (Registered number: 05403043)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. Tangible fixed assets
Plant and
Land and machinery
buildings etc Totals
£    £    £   
Cost
At 1 April 2023 2,583 6,491 9,074
Additions - 416 416
Disposals - (333 ) (333 )
At 31 March 2024 2,583 6,574 9,157
Depreciation
At 1 April 2023 11 2,114 2,125
Charge for year 52 1,101 1,153
Eliminated on disposal - (96 ) (96 )
At 31 March 2024 63 3,119 3,182
Net book value
At 31 March 2024 2,520 3,455 5,975
At 31 March 2023 2,572 4,377 6,949

5. Debtors: amounts falling due within one year
31.3.24 31.3.23
£    £   
Other debtors 46,201 2,634

6. Creditors: amounts falling due within one year
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 6,536 6,536
Trade creditors 15,227 11,529
Taxation and social security 20,195 14,696
Other creditors 585,972 643,489
627,930 676,250

7. Creditors: amounts falling due after more than one year
31.3.24 31.3.23
£    £   
Bank loans 30,776 36,301

Broadoak International
Investments Limited (Registered number: 05403043)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. Secured debts

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Bridging loan 91,547 127,618

The loans are secured by various legal mortgages and a debenture by fixed and floating charges over the undertaking and all property and assets present and future including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant and machinery and various freehold plots of land.

9. Related party disclosures

There was an amount of £46,120.05 due to Broadoak International Investments Limited from Bluebell House Developers Limited on 31 March 2024 (opening balance £31,579.95 due from Broadoak International Investment Limited to Bluebell Housel Developers Limited). Mr P Purnell is a director of both companies.This is interest free.