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REGISTERED NUMBER: 06971455 (England and Wales)















BROADGATE PARTNERS LIMITED

Unaudited Financial Statements for the Year Ended 30 September 2024






BROADGATE PARTNERS LIMITED (REGISTERED NUMBER: 06971455)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

BROADGATE PARTNERS LIMITED

Company Information
for the Year Ended 30 September 2024







DIRECTORS: M S R Clark
J C Crow
M Perkins





SECRETARY: M S R Clark





REGISTERED OFFICE: Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB





REGISTERED NUMBER: 06971455 (England and Wales)





ACCOUNTANTS: Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB

BROADGATE PARTNERS LIMITED (REGISTERED NUMBER: 06971455)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,711 5,831
Investments 5 23,000 23,000
25,711 28,831

CURRENT ASSETS
Debtors 6 891,454 1,089,461
Cash at bank 912,088 450,308
1,803,542 1,539,769
CREDITORS
Amounts falling due within one year 7 1,136,428 1,077,032
NET CURRENT ASSETS 667,114 462,737
TOTAL ASSETS LESS CURRENT
LIABILITIES

692,825

491,568

CREDITORS
Amounts falling due after more than one
year

8

(17,381

)

(27,451

)

PROVISIONS FOR LIABILITIES (678 ) (1,108 )
NET ASSETS 674,766 463,009

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 674,763 463,006
SHAREHOLDERS' FUNDS 674,766 463,009

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

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

The directors acknowledge their 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.

BROADGATE PARTNERS LIMITED (REGISTERED NUMBER: 06971455)

Balance Sheet - continued
30 September 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 Board of Directors and authorised for issue on 12 February 2025 and were signed on its behalf by:





M S R Clark - Director


BROADGATE PARTNERS LIMITED (REGISTERED NUMBER: 06971455)

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


1. STATUTORY INFORMATION

Broadgate Partners 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 recognised in line with work performed by contractors.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33.33% on cost

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.

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.

BROADGATE PARTNERS LIMITED (REGISTERED NUMBER: 06971455)

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


2. ACCOUNTING POLICIES - continued

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference shares or non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 199 16,488 16,687
DEPRECIATION
At 1 October 2023 180 10,676 10,856
Charge for year 5 3,115 3,120
At 30 September 2024 185 13,791 13,976
NET BOOK VALUE
At 30 September 2024 14 2,697 2,711
At 30 September 2023 19 5,812 5,831

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 October 2023
and 30 September 2024 23,000
NET BOOK VALUE
At 30 September 2024 23,000
At 30 September 2023 23,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 888,380 1,087,850
Prepayments and accrued income 3,074 1,611
891,454 1,089,461

BROADGATE PARTNERS LIMITED (REGISTERED NUMBER: 06971455)

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


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 769,909 496,513
Amounts owed to participating interests 2,524 2,524
Social security and other taxes 203,034 146,379
Other creditors 8,663 293,310
Directors' current accounts 126,470 117,641
Accrued expenses 25,828 20,665
1,136,428 1,077,032

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans - 1-2 years 17,381 27,451

9. ULTIMATE CONTROLLING PARTY

The directors have joint control of the company by virtue of their equal shareholdings.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Broadgate Partners Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Broadgate Partners Limited for the year ended 30 September 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Broadgate Partners Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Broadgate Partners Limited and state those matters that we have agreed to state to the Board of Directors of Broadgate Partners Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Broadgate Partners Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Broadgate Partners Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Broadgate Partners Limited. You consider that Broadgate Partners Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Broadgate Partners Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB


12 February 2025