Company Registration No. 01255054 (England and Wales)
BROADBENT PROPERTIES LIMITED
Unaudited accounts
for the year ended 30 June 2024
BROADBENT PROPERTIES LIMITED
Unaudited accounts
Contents
BROADBENT PROPERTIES LIMITED
Company Information
for the year ended 30 June 2024
Company Number
01255054 (England and Wales)
Registered Office
8 CLAYTON COURT
WELCOMB ST, CITY WORKS
OPENSHAW
MANCHESTER
M11 2NB
ENGLAND
Accountants
Enso Accountants Ltd
189c Mauldeth Road
Manchester
M191BA
BROADBENT PROPERTIES LIMITED
Statement of financial position
as at 30 June 2024
Investment property
585,000
585,000
Cash at bank and in hand
2,255
16,308
Creditors: amounts falling due within one year
(21,522)
(45,340)
Net current liabilities
(17,525)
(28,407)
Total assets less current liabilities
568,064
563,181
Provisions for liabilities
Deferred tax
(41,966)
(41,966)
Net assets
526,098
521,215
Called up share capital
1,000
1,000
Capital redemption reserve
178,907
178,907
Profit and loss account
346,191
341,308
Shareholders' funds
526,098
521,215
For the year ending 30 June 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 March 2025 and were signed on its behalf by
BROADBENT, Jamie
Director
Company Registration No. 01255054
BROADBENT PROPERTIES LIMITED
Notes to the Accounts
for the year ended 30 June 2024
BROADBENT PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 01255054. The registered office is 8 CLAYTON COURT, WELCOMB ST, CITY WORKS, OPENSHAW, MANCHESTER, M11 2NB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The financial statements have been prepared on a going concern basis, which assumes that the company will continue in operational existence for the foreseeable future. The directors have carefully reviewed the company's current financial position, future cash flows, and the availability of financing, and they have assessed the company's ability to meet its obligations as they fall due.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
BROADBENT PROPERTIES LIMITED
Notes to the Accounts
for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
3,632
-
-
3,632
Additions
-
3,234
399
3,633
Revaluations
(3,632)
-
-
(3,632)
At 30 June 2024
-
3,234
399
3,633
At 1 July 2023
(2,956)
-
-
(2,956)
Charge for the year
-
2,721
323
3,044
Surplus on revaluation
2,956
-
-
2,956
At 30 June 2024
-
2,721
323
3,044
At 30 June 2024
-
513
76
589
At 30 June 2023
6,588
-
-
6,588
Fair value at 1 July 2023
585,000
Amounts falling due within one year
Accrued income and prepayments
1,742
617
7
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
1,393
27,301
Taxes and social security
2,324
3,896
Other creditors
1,800
1,800
Loans from directors
3,778
488
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
BROADBENT PROPERTIES LIMITED
Notes to the Accounts
for the year ended 30 June 2024
9
Reconciliations on adoption of FRS 102
Reconciliation of profit or loss for the year
30 June 2023
Profit for the year (as previously stated)
16,421
Profit for the year (as restated)
16,421