REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 NOVEMBER 2024 |
FOR |
BROADWAY DEVELOPMENTS (PETERBOROUGH) |
LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 NOVEMBER 2024 |
FOR |
BROADWAY DEVELOPMENTS (PETERBOROUGH) |
LIMITED |
BROADWAY DEVELOPMENTS (PETERBOROUGH) |
LIMITED (REGISTERED NUMBER: 03546065) |
CONTENTS OF THE FINANCIAL STATEMENTS |
For The Year Ended 30 November 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
BROADWAY DEVELOPMENTS (PETERBOROUGH) |
LIMITED |
COMPANY INFORMATION |
For The Year Ended 30 November 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
4 Office Village |
Forder Way |
Cygnet Park, Hampton |
Peterborough |
Cambridgeshire |
PE7 8GX |
BROADWAY DEVELOPMENTS (PETERBOROUGH) |
LIMITED (REGISTERED NUMBER: 03546065) |
BALANCE SHEET |
30 November 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Revaluation reserve | 8 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
BROADWAY DEVELOPMENTS (PETERBOROUGH) |
LIMITED (REGISTERED NUMBER: 03546065) |
BALANCE SHEET - continued |
30 November 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
BROADWAY DEVELOPMENTS (PETERBOROUGH) |
LIMITED (REGISTERED NUMBER: 03546065) |
NOTES TO THE FINANCIAL STATEMENTS |
For The Year Ended 30 November 2024 |
1. | STATUTORY INFORMATION |
Broadway Developments (Peterborough) Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents invoiced rentals, excluding value added tax. Invoice rentals in respect of future periods are deferred and disclosed on the balance sheet as deferred income. |
Investment properties |
Investment properties are shown at their most recent valuation. Any aggregate surplus or deficit arising from future changes in market value is transferred to a revaluation reserve. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 December 2023 |
Revaluations | 2,078,601 |
At 30 November 2024 |
NET BOOK VALUE |
At 30 November 2024 |
At 30 November 2023 |
Fair value at 30 November 2024 is represented by: |
£ |
Valuation in 2024 | 2,078,601 |
Cost | 1,961,399 |
4,040,000 |
BROADWAY DEVELOPMENTS (PETERBOROUGH) |
LIMITED (REGISTERED NUMBER: 03546065) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 30 November 2024 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade debtors |
Other debtors |
In Other debtors includes an amount of 423,713 (2023 - £398,713) owed from associated entities in which director has significant control.. |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Taxation and social security |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2024 | 2023 |
£ | £ |
Other creditors |
Amounts falling due in more than five years: |
Repayable otherwise than by instalments |
Other loans |
Other loans are secured against the investment property and by a personal guarantee amounting to £150,000 given jointly by the directors.. |
8. | RESERVES |
Revaluation |
reserve |
£ |
Property revaluation | 1,558,951 |
At 30 November 2024 |
9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
At the balance sheet date, the company owed a director 18,635.48 (2022: £11,635.48) This loan is unsecured, interest free and repayable on demand. |
At the balance sheet date, the company owed a director 18,635.48 (2022: £11,635.48 This loan is unsecured, interest free and repayable on demand. |