IRIS Accounts Production v24.3.2.46 06698068 director 1.10.23 30.9.24 30.9.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh066980682023-09-30066980682024-09-30066980682023-10-012024-09-30066980682022-09-30066980682022-10-012023-09-30066980682023-09-3006698068ns15:EnglandWales2023-10-012024-09-3006698068ns14:PoundSterling2023-10-012024-09-3006698068ns10:Director12023-10-012024-09-3006698068ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3006698068ns10:SmallEntities2023-10-012024-09-3006698068ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3006698068ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3006698068ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3006698068ns10:FullAccounts2023-10-012024-09-3006698068ns10:RegisteredOffice2023-10-012024-09-3006698068ns5:CurrentFinancialInstruments2024-09-3006698068ns5:CurrentFinancialInstruments2023-09-3006698068ns5:Non-currentFinancialInstruments2024-09-3006698068ns5:Non-currentFinancialInstruments2023-09-3006698068ns5:ShareCapital2024-09-3006698068ns5:ShareCapital2023-09-3006698068ns5:RetainedEarningsAccumulatedLosses2024-09-3006698068ns5:RetainedEarningsAccumulatedLosses2023-09-3006698068ns5:LandBuildingsns5:OwnedOrFreeholdAssets2023-10-012024-09-3006698068ns5:PlantMachinery2023-10-012024-09-3006698068ns5:FurnitureFittings2023-10-012024-09-3006698068ns5:MotorVehicles2023-10-012024-09-3006698068ns5:ComputerEquipment2023-10-012024-09-3006698068ns5:LandBuildings2023-09-3006698068ns5:PlantMachinery2023-09-3006698068ns5:FurnitureFittings2023-09-3006698068ns5:LandBuildings2023-10-012024-09-3006698068ns5:LandBuildings2024-09-3006698068ns5:PlantMachinery2024-09-3006698068ns5:FurnitureFittings2024-09-3006698068ns5:LandBuildings2023-09-3006698068ns5:PlantMachinery2023-09-3006698068ns5:FurnitureFittings2023-09-3006698068ns5:MotorVehicles2023-09-3006698068ns5:ComputerEquipment2023-09-3006698068ns5:MotorVehicles2024-09-3006698068ns5:ComputerEquipment2024-09-3006698068ns5:MotorVehicles2023-09-3006698068ns5:ComputerEquipment2023-09-3006698068ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3006698068ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3006698068ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-09-3006698068ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-09-3006698068ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-09-3006698068ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-09-30
REGISTERED NUMBER: 06698068 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th September 2024

for

Off Broadway Limited

Off Broadway Limited (Registered number: 06698068)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Off Broadway Limited

Company Information
for the Year Ended 30th September 2024







DIRECTOR: Mr R Selby





REGISTERED OFFICE: 63-65 Broadway Market
London
E8 4PH





REGISTERED NUMBER: 06698068 (England and Wales)





ACCOUNTANTS: K E Jay & Co
52 Fielding Way
Hutton
Brentwood
Essex
CM13 1JN

Off Broadway Limited (Registered number: 06698068)

Balance Sheet
30th September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 929,907 945,302

CURRENT ASSETS
Stocks 5 8,500 8,100
Debtors 6 5,700 115,997
Cash at bank and in hand 47,562 59,025
61,762 183,122
CREDITORS
Amounts falling due within one year 7 113,914 99,987
NET CURRENT (LIABILITIES)/ASSETS (52,152 ) 83,135
TOTAL ASSETS LESS CURRENT
LIABILITIES

877,755

1,028,437

CREDITORS
Amounts falling due after more than one
year

8

(806,819

)

(854,403

)

PROVISIONS FOR LIABILITIES (3,475 ) (4,335 )
NET ASSETS 67,461 169,699

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 67,361 169,599
SHAREHOLDERS' FUNDS 67,461 169,699

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

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

The director acknowledges his 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.

Off Broadway Limited (Registered number: 06698068)

Balance Sheet - continued
30th 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 director and authorised for issue on 25th March 2025 and were signed by:





Mr R Selby - Director


Off Broadway Limited (Registered number: 06698068)

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

1. STATUTORY INFORMATION

Off Broadway 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.
Freehold property - 2% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Boat - 10% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

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

Off Broadway Limited (Registered number: 06698068)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1st October 2023 1,047,324 49,763 64,661
Additions 8,409 - 3,075
At 30th September 2024 1,055,733 49,763 67,736
DEPRECIATION
At 1st October 2023 123,003 41,163 52,650
Charge for year 21,114 2,150 3,772
At 30th September 2024 144,117 43,313 56,422
NET BOOK VALUE
At 30th September 2024 911,616 6,450 11,314
At 30th September 2023 924,321 8,600 12,011

Computer
Boat equipment Totals
£    £    £   
COST
At 1st October 2023 81,667 9,626 1,253,041
Additions - 512 11,996
At 30th September 2024 81,667 10,138 1,265,037
DEPRECIATION
At 1st October 2023 81,667 9,256 307,739
Charge for year - 355 27,391
At 30th September 2024 81,667 9,611 335,130
NET BOOK VALUE
At 30th September 2024 - 527 929,907
At 30th September 2023 - 370 945,302

5. STOCKS
30.9.24 30.9.23
£    £   
Stocks 8,500 8,100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Other debtors - 109,547
Finance debtor 5,700 6,450
5,700 115,997

Off Broadway Limited (Registered number: 06698068)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 70,380 60,304
Trade creditors 26,367 130
Tax 9,087 18,401
Social security and other taxes 1,211 509
VAT 3,007 6,400
Directors' current accounts 262 9,943
Accrued expenses 3,600 4,300
113,914 99,987

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans - 2-5 years 251,826 225,381
Bank loans more 5 yr by instal 54,993 129,022
Related party loan 500,000 500,000
806,819 854,403

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Related party loan 500,000 500,000

Repayable by instalments
Bank loans more 5 yr by instal 54,993 129,022

9. RELATED PARTY DISCLOSURES

In 2018 Stephen Selby loaned the Company £500000 to enable it to acquire the Freehold of the Bar.