Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-29falsefalseNo description of principal activity2023-03-0133truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02099238 2023-03-01 2024-02-29 02099238 2022-03-01 2023-02-28 02099238 2024-02-29 02099238 2023-02-28 02099238 c:Director1 2023-03-01 2024-02-29 02099238 d:Buildings 2023-03-01 2024-02-29 02099238 d:Buildings d:LongLeaseholdAssets 2024-02-29 02099238 d:Buildings d:LongLeaseholdAssets 2023-02-28 02099238 d:PlantMachinery 2023-03-01 2024-02-29 02099238 d:CurrentFinancialInstruments 2024-02-29 02099238 d:CurrentFinancialInstruments 2023-02-28 02099238 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 02099238 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 02099238 d:ShareCapital 2024-02-29 02099238 d:ShareCapital 2023-02-28 02099238 d:RetainedEarningsAccumulatedLosses 2024-02-29 02099238 d:RetainedEarningsAccumulatedLosses 2023-02-28 02099238 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-02-29 02099238 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-02-28 02099238 c:FRS102 2023-03-01 2024-02-29 02099238 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 02099238 c:FullAccounts 2023-03-01 2024-02-29 02099238 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 02099238 2 2023-03-01 2024-02-29 02099238 e:PoundSterling 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure
Registered number: 02099238









BROADGATE ARCH UNLIMITED

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 29 FEBRUARY 2024

 
BROADGATE ARCH UNLIMITED
REGISTERED NUMBER: 02099238

BALANCE SHEET
AS AT 29 FEBRUARY 2024

29 February
28 February
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
7,335,873
7,335,873

Current assets
  

Debtors: amounts falling due within one year
 5 
441,008
307,397

Current asset investments
  
400,000
-

Cash at bank and in hand
  
48,281
494,635

  
889,289
802,032

Creditors: amounts falling due within one year
 7 
(86,881)
(91,244)

Net current assets
  
 
 
802,408
 
 
710,788

Total assets less current liabilities
  
8,138,281
8,046,661

Provisions for liabilities
  

Deferred tax
  
(53,374)
(53,263)

  
 
 
(53,374)
 
 
(53,263)

Net assets
  
8,084,907
7,993,398


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
8,084,807
7,993,298

  
8,084,907
7,993,398


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 November 2024.

................................................
Mrs S M Robson
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
BROADGATE ARCH UNLIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

Broadgate Arch Unlimited is a private company, whose share capital is unlimited, incorporated in England and Wales, registration number 02099238.  The registered office is Anglia House, 6 Central Avenue, St Andrews Business Park, Thorpe St Andrew, Norwich, Norfolk, NR7 0HR.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Page 2

 
BROADGATE ARCH UNLIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Freehold property
-
2% straight line
Plant and machinery
-
25% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Profit and Loss account.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

Page 3

 
BROADGATE ARCH UNLIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

3.


Employees



The average monthly number of employees, including directors, during the year was 3 (2023 - 3).


4.


Tangible fixed assets







Property investment

£



Cost or valuation


At 1 March 2023
7,335,873



At 29 February 2024

7,335,873






Net book value



At 29 February 2024
7,335,873



At 28 February 2023
7,335,873


5.


Debtors

29 February
28 February
2024
2023
£
£


Other debtors
441,008
307,397



6.


Current asset investments

29 February
28 February
2024
2023
£
£

Unlisted investments
400,000
-


Page 4

 
BROADGATE ARCH UNLIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

7.


Creditors: Amounts falling due within one year

29 February
28 February
2024
2023
£
£

Corporation tax
27,146
26,302

Other creditors
57,475
62,668

Accruals and deferred income
2,260
2,274

86,881
91,244



8.


Financial instruments

29 February
28 February
2024
2023
£
£

Financial assets


Financial assets measured at fair value through profit or loss
48,281
48,281




Financial assets measured at fair value through profit or loss comprise...


9.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £210,000 (2023 - £180,000). Contributions totalling £Nil (2023 - £Nil) were payable to the fund at the balance sheet date.


Page 5