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REGISTERED NUMBER: 12025161 (England and Wales)



















Financial Statements

for the Year Ended 30 June 2024

for

Broadlands Property Limited

Broadlands Property Limited (Registered number: 12025161)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Broadlands Property Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Miss H Z Wright
Ms R Wright





REGISTERED OFFICE: C/O Baker Metals Recycling Limited
Great Northern Road
Derby
Derbyshire
DE1 1LT





REGISTERED NUMBER: 12025161 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

Broadlands Property Limited (Registered number: 12025161)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 780,000 780,000

CURRENT ASSETS
Debtors 5 27,124 30,587
Cash at bank 102,746 41,648
129,870 72,235
CREDITORS
Amounts falling due within one year 6 51,072 39,390
NET CURRENT ASSETS 78,798 32,845
TOTAL ASSETS LESS CURRENT
LIABILITIES

858,798

812,845

PROVISIONS FOR LIABILITIES 70,000 70,000
NET ASSETS 788,798 742,845

CAPITAL AND RESERVES
Called up share capital 500,001 500,001
Fair value reserve 8 210,000 210,000
Retained earnings 8 78,797 32,844
SHAREHOLDERS' FUNDS 788,798 742,845

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Broadlands Property Limited (Registered number: 12025161)

Balance Sheet - continued
30 June 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 March 2025 and were signed on its behalf by:





Miss H Z Wright - Director


Broadlands Property Limited (Registered number: 12025161)

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

1. STATUTORY INFORMATION

Broadlands Property 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents the value of rents receivable during the year. Rents receivable are accounted for in accordance with the lease terms.

Investment property
Investment property is not depreciated but is revalued annually at its fair value, in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss and transferred to a fair value reserve.

Deferred tax
Provision is made at current rates for taxation deferred in respect of all material timing differences, including provisions made for potential tax arising on assets which have been revalued.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023
and 30 June 2024 780,000
NET BOOK VALUE
At 30 June 2024 780,000
At 30 June 2023 780,000

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2024 780,000

Broadlands Property Limited (Registered number: 12025161)

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

4. INVESTMENT PROPERTY - continued

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 500,000 500,000
Aggregate depreciation (50,000 ) (40,000 )

Investment property was valued on fair value basis on 30 June 2024 by the directors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 26,929 30,429
Prepayments 195 158
27,124 30,587

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 732 732
Tax 31,888 14,278
Accruals and deferred income 18,452 24,380
51,072 39,390

7. LEASING AGREEMENTS
The following operating lease income is committed to be received:



Non-cancellable
operating
leases
2024
£   
Within one year 30,667
Between one and five years 74,000
More than five years 2,000
106,667

8. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 July 2023 32,844 210,000 242,844
Profit for the year 54,113 54,113
Dividends (8,160 ) (8,160 )
At 30 June 2024 78,797 210,000 288,797