Company Registration No. 12883222 (England and Wales)
Broadfield Motor Group Ltd
Unaudited accounts
for the year ended 30 September 2024
Broadfield Motor Group Ltd
Unaudited accounts
Contents
Broadfield Motor Group Ltd
Company Information
for the year ended 30 September 2024
Directors
David Gilbert
Charles Wainwright
Company Number
12883222 (England and Wales)
Registered Office
ABBEY FIELD
BERECHURCH ROAD
COLCHESTER
ESSEX
CO2 7QB
ENGLAND
Broadfield Motor Group Ltd
Statement of financial position
as at 30 September 2024
Tangible assets
19,393
29,325
Inventories
224,761
156,399
Cash at bank and in hand
(8,260)
1,092
Creditors: amounts falling due within one year
(99,735)
(66,717)
Net current assets
137,307
96,578
Total assets less current liabilities
156,700
125,903
Creditors: amounts falling due after more than one year
(21,942)
(32,068)
Called up share capital
2
2
Profit and loss account
134,756
93,833
Shareholders' funds
134,758
93,835
For the year ending 30 September 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 directors acknowledge their 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 of Directors and authorised for issue on 9 June 2025 and were signed on its behalf by
David Gilbert
Director
Company Registration No. 12883222
Broadfield Motor Group Ltd
Notes to the Accounts
for the year ended 30 September 2024
Broadfield Motor Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 12883222. The registered office is ABBEY FIELD, BERECHURCH ROAD, COLCHESTER, ESSEX, CO2 7QB, 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 accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Plant & machinery
33% reducing balance
Other tangible fixed assets
33%
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 October 2023
72,034
6,000
302
1,143
79,479
At 30 September 2024
72,034
6,000
302
1,143
79,479
At 1 October 2023
43,088
5,940
297
829
50,154
Charge for the year
9,553
60
5
314
9,932
At 30 September 2024
52,641
6,000
302
1,143
60,086
At 30 September 2024
19,393
-
-
-
19,393
At 30 September 2023
28,946
60
5
314
29,325
Broadfield Motor Group Ltd
Notes to the Accounts
for the year ended 30 September 2024
Amounts falling due within one year
Trade debtors
20,541
5,804
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
21,050
27,413
Trade creditors
19,677
8,126
Taxes and social security
36,067
23,484
Loans from directors
13,532
(3,814)
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).