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REGISTERED NUMBER: 03348924 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Broadoaks UK Limited

Broadoaks UK Limited (Registered number: 03348924)

Contents of the Financial Statements
for the Year Ended 30 April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Broadoaks UK Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Ms J C Phipps





REGISTERED OFFICE: First Floor
11 Hollyfield Road South
Sutton Coldfield
West Midlands
B76 1NY





REGISTERED NUMBER: 03348924 (England and Wales)





ACCOUNTANTS: Vaughan Davies & Co (Accountants) Ltd
Unit 1-3, Willow Park
Upton Lane
Stoke Golding
Nuneaton
Warwickshire
CV13 6EU

Broadoaks UK Limited (Registered number: 03348924)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,873 3,721

CURRENT ASSETS
Debtors 5 629,284 716,583
Cash at bank 6,986 168
636,270 716,751
CREDITORS
Amounts falling due within one year 6 448,235 445,660
NET CURRENT ASSETS 188,035 271,091
TOTAL ASSETS LESS CURRENT
LIABILITIES

190,908

274,812

CREDITORS
Amounts falling due after more than one
year

7

166,741

226,753
NET ASSETS 24,167 48,059

CAPITAL AND RESERVES
Called up share capital 2 2
Capital redemption reserve 1 1
Retained earnings 24,164 48,056
SHAREHOLDERS' FUNDS 24,167 48,059

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Broadoaks UK Limited (Registered number: 03348924)

Balance Sheet - continued
30 April 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 21 January 2025 and were signed by:





Ms J C Phipps - Director


Broadoaks UK Limited (Registered number: 03348924)

Notes to the Financial Statements
for the Year Ended 30 April 2024


1. STATUTORY INFORMATION

Broadoaks UK 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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on reducing balance

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 7 (2023 - 8 ) .

Broadoaks UK Limited (Registered number: 03348924)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 31,929 31,463 63,392
DEPRECIATION
At 1 May 2023 29,123 30,548 59,671
Charge for year 562 286 848
At 30 April 2024 29,685 30,834 60,519
NET BOOK VALUE
At 30 April 2024 2,244 629 2,873
At 30 April 2023 2,806 915 3,721

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 296,858 365,594
Other debtors 332,426 350,989
629,284 716,583

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 124,926 141,134
Trade creditors 274,340 259,447
Taxation and social security 6,219 12,329
Other creditors 42,750 32,750
448,235 445,660

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 166,741 226,753

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 145,833 195,833