Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312024-08-31false93true2023-09-01No description of principal activity82truefalse 04585212 2023-09-01 2024-08-31 04585212 2022-09-01 2023-08-31 04585212 2024-08-31 04585212 2023-08-31 04585212 c:Director1 2023-09-01 2024-08-31 04585212 d:Buildings 2023-09-01 2024-08-31 04585212 d:Buildings 2024-08-31 04585212 d:Buildings 2023-08-31 04585212 d:Buildings d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 04585212 d:PlantMachinery 2023-09-01 2024-08-31 04585212 d:PlantMachinery 2024-08-31 04585212 d:PlantMachinery 2023-08-31 04585212 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 04585212 d:MotorVehicles 2023-09-01 2024-08-31 04585212 d:MotorVehicles 2024-08-31 04585212 d:MotorVehicles 2023-08-31 04585212 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 04585212 d:FurnitureFittings 2023-09-01 2024-08-31 04585212 d:FurnitureFittings 2024-08-31 04585212 d:FurnitureFittings 2023-08-31 04585212 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 04585212 d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 04585212 d:CurrentFinancialInstruments 2024-08-31 04585212 d:CurrentFinancialInstruments 2023-08-31 04585212 d:Non-currentFinancialInstruments 2024-08-31 04585212 d:Non-currentFinancialInstruments 2023-08-31 04585212 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 04585212 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 04585212 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 04585212 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 04585212 d:ShareCapital 2024-08-31 04585212 d:ShareCapital 2023-08-31 04585212 d:RetainedEarningsAccumulatedLosses 2024-08-31 04585212 d:RetainedEarningsAccumulatedLosses 2023-08-31 04585212 c:OrdinaryShareClass1 2023-09-01 2024-08-31 04585212 c:OrdinaryShareClass1 2024-08-31 04585212 c:OrdinaryShareClass1 2023-08-31 04585212 c:FRS102 2023-09-01 2024-08-31 04585212 c:Audited 2023-09-01 2024-08-31 04585212 c:FullAccounts 2023-09-01 2024-08-31 04585212 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 04585212 c:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 04585212 d:AcceleratedTaxDepreciationDeferredTax 2024-08-31 04585212 d:AcceleratedTaxDepreciationDeferredTax 2023-08-31 04585212 d:OtherDeferredTax 2024-08-31 04585212 d:OtherDeferredTax 2023-08-31 04585212 e:PoundSterling 2023-09-01 2024-08-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 04585212


BROADLANDS HALL LIMITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 AUGUST 2024

 
BROADLANDS HALL LIMITED
REGISTERED NUMBER: 04585212

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
3,991,631
3,891,120

  
3,991,631
3,891,120

Current assets
  

Stocks
 6 
3,550
3,552

Debtors: amounts falling due within one year
 7 
728,972
1,276,308

Cash at bank and in hand
  
109,037
38,198

  
841,559
1,318,058

Creditors: amounts falling due within one year
 8 
(2,951,062)
(2,738,154)

Net current liabilities
  
 
 
(2,109,503)
 
 
(1,420,096)

Total assets less current liabilities
  
1,882,128
2,471,024

Creditors: amounts falling due after more than one year
 9 
(166,897)
(89,440)

Provisions for liabilities
  

Deferred tax
 10 
(88,726)
(63,677)

  
 
 
(88,726)
 
 
(63,677)

Net assets
  
1,626,505
2,317,907

Page 1

 
BROADLANDS HALL LIMITED
REGISTERED NUMBER: 04585212
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Capital and reserves
  

Called up share capital 
 11 
1
1

Profit and loss account
  
1,626,504
2,317,906

  
1,626,505
2,317,907


The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


K A Boulter
Director

Date: 11 July 2025

The notes on pages 3 to 12 form part of these financial statements.

Page 2

 
BROADLANDS HALL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

The company is a private company limited by share capital, incorporated in England and Wales. The address of the registered office is Greenwood House, Greenwood Court, Skyliner Way, Bury St Edmunds, Suffolk, IP32 7GY. The principal place of business is Haverhill Road, Little Wratting, Haverhill, Suffolk, CB9 7UA.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The group, of which the company is a subsidiary, breached an interest cover covenant in respect of the financial statements for the year ended 31 August 2023. The group’s principal bankers subsequently issued a reservation of rights letter to the company in respect of its borrowings. As at the time of approval of these financial statements this had not been rectified. The principal banker, at the time of approval of these financial statements, has not taken any further action in respect of this. Based on the group’s results for the year ended 31 August 2024, the group is likely to breach the interest cover covenant. As a result all loans due to the company's principal banker are classified as creditors due within one year.
The company has net current liabilities of £2,109,503 (2023 - £1,420,096) and this includes an amount due from the parent company of £410,022 (2023 - £1,104,614).
The directors have prepared cash flow forecasts which indicate that the company will have sufficient funds to meet its liabilities as they fall due for a period of at least 12 months from the date of approval of the financial statements including servicing of the bank debt. The forecasts assume the continued support of the principal banker and that no action is taken as a result of the covenant breaches. 
As stated in note 14 to the financial statements, a cross guarantee exists in favour of the company’s principal banker in respect of group borrowings. Should the principal banker enforce the cross guarantee the company would not be able to pay its debts as they became due.
The latest group forecasts have provided the directors with sufficient comfort that the financial statements should be prepared on the going concern basis but this is reliant on the ongoing support of the group’s principal banker. The directors recognise that due to the above circumstances, the existence of a material uncertainty which may cast significant doubt over the company’s ability to continue as a going concern exists.

Page 3

 
BROADLANDS HALL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.5

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of income and retained earnings in the same period as the related expenditure.

 
2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.7

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 4

 
BROADLANDS HALL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.8

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Defined benefit pension obligation
The company also contributes to a Department for Education scheme, which is a defined benefit scheme, at rates set by the scheme actuary and advised to the company by the scheme administrator.
The scheme is a multi-employer pension scheme and it is not possible to identify the assets and liabilities of the scheme which are attributable to the company. In accordance with FRS102 therefore, the scheme is accounted for as a defined contribution scheme. Employer contributions payable to the scheme for the year are charged to the Profit and Loss account.

 
2.9

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Page 5

 
BROADLANDS HALL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.10

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows:.

Depreciation is provided on the following basis:

Buildings with an economic life of less than 50 years
-
5%
straight line
Plant and machinery
-
15%
reducing balance or 3 years straight line
Motor vehicles
-
25%
reducing balance
Fixtures and fittings
-
15%
reducing balance or 3 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.11

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.12

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.13

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 6

 
BROADLANDS HALL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.14

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.15

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.16

Dividends

Dividend distributions to the company's shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 7

 
BROADLANDS HALL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

3.


Judgments in applying accounting policies and key sources of estimation uncertainty

Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations and future events that are believed to be reasonable under the circumstances.
The company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related results. The estimates and assumptions that have significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year are addressed below.
Useful economic lives and residual values of tangible fixed assets
The annual depreciation charge for tangible fixed assets is sensitive to changes in estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are reassessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and the physical condition of the assets.
Impairment of debtors
The company makes estimates of the recoverable value of trade and other debtors. When assessing impairment of the trade and other debtors, management considers factors including the financial circumstances of the debtor, the ageing profile of debtors and historical experience.
Going concern
Further details regarding this can be found in note 2.3.


4.


Employees

The average monthly number of employees, including directors, during the year was 93 (2023 - 82).

Page 8

 
BROADLANDS HALL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

5.


Tangible fixed assets





Freehold property
Fixtures and fittings
Motor vehicles
Plant and machinery
Total

£
£
£
£
£



Cost or valuation


At 1 September 2023
3,746,293
232,464
63,299
695,398
4,737,454


Additions
124,109
30,903
22,190
31,869
209,071


Disposals
-
-
(2,650)
-
(2,650)



At 31 August 2024

3,870,402
263,367
82,839
727,267
4,943,875



Depreciation


At 1 September 2023
226,244
173,473
33,666
412,951
846,334


Charge for the year on owned assets
41,951
11,411
9,141
45,586
108,089


Disposals
-
-
(2,179)
-
(2,179)



At 31 August 2024

268,195
184,884
40,628
458,537
952,244



Net book value



At 31 August 2024
3,602,207
78,483
42,211
268,730
3,991,631



At 31 August 2023
3,520,049
58,991
29,633
282,447
3,891,120

Included in freehold property is non depreciable land and buildings with a net book value of £3,036,147 (2023 - £2,932,926). 

Page 9

 
BROADLANDS HALL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

6.


Stocks

2024
2023
£
£

Consumables
3,550
3,552



7.


Debtors

2024
2023
£
£


Trade debtors
296,746
131,993

Amounts owed by group undertakings
410,022
1,104,614

Other debtors
2,993
17,410

Prepayments and accrued income
19,211
22,291

728,972
1,276,308



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
1,006,186
1,284,499

Other loans
74,991
269,106

Trade creditors
376,267
100,394

Corporation tax
103,014
14,046

Other taxation and social security
258,476
348,800

Obligations under finance lease and hire purchase contracts
43,010
38,848

Other creditors
14,177
8,017

Accruals and deferred income
1,074,941
674,444

2,951,062
2,738,154


Page 10

 
BROADLANDS HALL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other loans
161,623
40,958

Net obligations under finance leases and hire purchase contracts
5,274
48,482

166,897
89,440


Bank loans and overdrafts are secured by a fixed and floating charge over the assets of the company.
Finance lease and hire purchase obligations are secured on the assets concerned.


10.


Deferred taxation




2024


£






At beginning of year
(63,677)


Charged to profit or loss
(25,049)



At end of year
(88,726)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(90,895)
(64,802)

Other short term timing differences
2,169
1,125

(88,726)
(63,677)


11.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary share of £1.00
1
1


Page 11

 
BROADLANDS HALL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

12.


Contingent liabilities

Amounts not provided for in the balance sheet
The total amount of contingencies not included in the balance sheet is £1,006,186 (2023 - £1,284,499). A contingent liability exists under a guarantee provided in support of group companies in respect of bank borrowings.


13.


Pension commitments

The company operates a defined contribution pension scheme and a defined benefit scheme that is accounted for as a defined contribution scheme in line with the policy at note 2.8. The assets of the schemes are held separately from those of the company in an independently administered funds. The pension cost charge represents contributions payable by the company to the funds and amounted to £79,874 (2023 - £54,302). Contributions totalling £14,176 (2023 - £8,017) were payable to the funds at the balance sheet date and are included in creditors.


14.


Related party transactions

The company, being a wholly owned subsidiary, has taken advantage of the exemption from disclosure of transactions with other group companies. 


15.


Controlling party

The company's ultimate parent company is Barnardiston Hall Preparatory School Limited.
The ultimate controlling party is K  Boulter by way of his 100% shareholding in the ultimate parent company.


16.


Auditors' information

The auditors' report on the financial statements for the year ended 31 August 2024 was unqualified.

In their report, the auditors emphasised the following matter without qualifying their report:

We draw attention to note 2.2 in the financial statements, which indicates that the company's principal bankers have issued a reservation of rights letter following a covenant breach by the company's parent. As stated in note 2.2, these events or conditions, along with the other matters as set out in note 2.2, indicate that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.

The audit report was signed on 11 July 2025 by Jonathan Moore ACCA (Senior statutory auditor) on behalf of Whitings LLP.

 
Page 12