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REGISTERED NUMBER: 03546065 (England and Wales)
























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: G A Lepore
Z Ahmed





SECRETARY: Z Ahmed





REGISTERED OFFICE: 4 Office Village
Forder Way, Cygnet Park
Hampton
Peterborough
Cambridgeshire
PE7 8GX





REGISTERED NUMBER: 03546065 (England and Wales)





ACCOUNTANTS: TC CH Limited
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 4,040,000 1,961,399

CURRENT ASSETS
Debtors 5 429,792 404,016
Cash at bank 10,743 19,008
440,535 423,024
CREDITORS
Amounts falling due within one year 6 93,707 91,265
NET CURRENT ASSETS 346,828 331,759
TOTAL ASSETS LESS CURRENT LIABILITIES 4,386,828 2,293,158

CREDITORS
Amounts falling due after more than one
year

7

(2,255,693

)

(2,255,693

)

PROVISIONS FOR LIABILITIES (519,650 ) -
NET ASSETS 1,611,485 37,465

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 8 1,558,951 -
Retained earnings 52,532 37,463
SHAREHOLDERS' FUNDS 1,611,485 37,465

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

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

BROADWAY DEVELOPMENTS (PETERBOROUGH)
LIMITED (REGISTERED NUMBER: 03546065)

BALANCE SHEET - continued
30 November 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 3 April 2025 and were signed on its behalf by:





Z Ahmed - Director


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 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 as modified by the revaluation of certain assets.

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 2 (2023 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2023 1,961,399
Revaluations 2,078,601
At 30 November 2024 4,040,000
NET BOOK VALUE
At 30 November 2024 4,040,000
At 30 November 2023 1,961,399

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 5,081 4,304
Other debtors 424,711 399,712
429,792 404,016

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 33,073 38,673
Trade creditors 128 128
Taxation and social security 4,158 8,255
Other creditors 56,348 44,209
93,707 91,265

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 2,255,693 2,255,693

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans 2,255,693 2,255,693

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 1,558,951

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.