BROADWAY COSTS CONSULT LTD

Company Registration Number:
10944394 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

BROADWAY COSTS CONSULT LTD

Contents of the Financial Statements

for the Period Ended 30 September 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

BROADWAY COSTS CONSULT LTD

Company Information

for the Period Ended 30 September 2024




Director: Henry Ameyaw
Kwesi Ofosu-Okyere
Ernest Ansah
Registered office: 12 Challenge House
616 Mitcham Road
Croydon
England
CR0 3AA
Company Registration Number: 10944394 (England and Wales)

BROADWAY COSTS CONSULT LTD

Directors' Report Period Ended 30 September 2024

The directors present their report with the financial statements of the company for the period ended 30 September 2024

Principal Activities

The company's principal activity during the year continued to be costs drafting.

Directors

The directors shown below have held office during the whole of the period from 01 October 2023 to 30 September 2024
Henry Ameyaw
Kwesi Ofosu-Okyere
Ernest Ansah

This report was approved by the board of directors on 4 November 2024
And Signed On Behalf Of The Board By:

Name: Henry Ameyaw
Status: Director

BROADWAY COSTS CONSULT LTD

Profit and Loss Account

for the Period Ended 30 September 2024


Notes

2024
£

2023
£
Turnover 622,273 536,644
Cost of sales ( 584,434 ) ( 506,317 )
Gross Profit or (Loss) 37,839 30,327
Administrative Expenses ( 29,204 ) ( 40,925 )
Operating Profit or (Loss) 8,635 ( 10,598 )
Profit or (Loss) Before Tax 8,635 ( 10,598 )
Tax on Profit ( 691 ) -
Profit or (Loss) for Period 7,944 ( 10,598 )

The notes form part of these financial statements

BROADWAY COSTS CONSULT LTD

Balance sheet

As at 30 September 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 10,487 13,287
Total fixed assets: 10,487 13,287
Current assets
Cash at bank and in hand: 7,469 5,316
Total current assets: 7,469 5,316
Creditors: amounts falling due within one year: 5 ( 2,734 ) ( 6,048 )
Net current assets (liabilities): 4,735 ( 732 )
Total assets less current liabilities: 15,222 12,555
Creditors: amounts falling due after more than one year: 6 ( 6,924 ) ( 12,201 )
Total net assets (liabilities): 8,298 354

The notes form part of these financial statements

BROADWAY COSTS CONSULT LTD

Balance sheet continued

As at 30 September 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 2,000 2,000
Profit and loss account: 6,298 ( 1,646 )
Shareholders funds: 8,298 354

For the year ending 30 September 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.

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 4 November 2024
And Signed On Behalf Of The Board By:

Name: Henry Ameyaw
Status: Director

The notes form part of these financial statements

BROADWAY COSTS CONSULT LTD

Notes to the Financial Statements

for the Period Ended 30 September 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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

    Fixtures, fittings, tools and equipment over 5 years

BROADWAY COSTS CONSULT LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 4 3

BROADWAY COSTS CONSULT LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 3. Off balance sheet disclosure

    No

BROADWAY COSTS CONSULT LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Tangible assets

Office equipment Total
Cost £ £
At 01 October 2023 23,287 23,287
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 30 September 2024 23,287 23,287
Depreciation
At 01 October 2023 10,000 10,000
Charge for year 2,800 2,800
On disposals - -
Other adjustments - -
At 30 September 2024 12,800 12,800
Net book value
At 30 September 2024 10,487 10,487
At 30 September 2023 13,287 13,287

BROADWAY COSTS CONSULT LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 2,734 3,072
Taxation and social security 2,976
Total 2,734 6,048

BROADWAY COSTS CONSULT LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

6.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 6,924 12,201
Total 6,924 12,201