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REGISTERED NUMBER: 02971715















BROADWAY FINANCIAL PLANNING LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2024 TO 31 MARCH 2025






BROADWAY FINANCIAL PLANNING LTD (REGISTERED NUMBER: 02971715)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2024 TO 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


BROADWAY FINANCIAL PLANNING LTD

COMPANY INFORMATION
FOR THE PERIOD 1 JANUARY 2024 TO 31 MARCH 2025







DIRECTOR: D W Kelly





REGISTERED OFFICE: 13-19 Derby Road
Nottingham
NG1 5AA





REGISTERED NUMBER: 02971715





ACCOUNTANTS: William Hinton Limited
Chartered Accountants
Ross House
The Square
Stow On The Wold
Gloucestershire
GL54 1AF

BROADWAY FINANCIAL PLANNING LTD (REGISTERED NUMBER: 02971715)

BALANCE SHEET
31 MARCH 2025

2025 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 5,671

CURRENT ASSETS
Debtors 5 59,161 53,881
Cash at bank and in hand - 139,394
59,161 193,275
CREDITORS
Amounts falling due within one year 6 - 65,286
NET CURRENT ASSETS 59,161 127,989
TOTAL ASSETS LESS CURRENT
LIABILITIES

59,161

133,660

PROVISIONS FOR LIABILITIES - 1,059
NET ASSETS 59,161 132,601

CAPITAL AND RESERVES
Called up share capital 51 51
Capital redemption reserve 52 52
Other reserves 25 25
Retained earnings 59,033 132,473
SHAREHOLDERS' FUNDS 59,161 132,601

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 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.

BROADWAY FINANCIAL PLANNING LTD (REGISTERED NUMBER: 02971715)

BALANCE SHEET - continued
31 MARCH 2025


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 14 August 2025 and were signed by:





D W Kelly - Director


BROADWAY FINANCIAL PLANNING LTD (REGISTERED NUMBER: 02971715)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2024 TO 31 MARCH 2025


1. STATUTORY INFORMATION

Broadway Financial Planning LTD is a private company, limited by shares , registered in Not specified/Other. 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.

Turnover comprises all commissions and fee income earned during the period.

In the case of commissions received directly from insurance companies, credit is taken upon notification.

The company does not earn commission on an indemnity basis and therefore no provision is made for the claw back of commissions earned.

Fee income comprises amounts earned from individual clients during the year and is accounted for an an accruals basis.

All turnover arose within the United Kingdom.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% per annum on cost

Taxation
Taxation for the period 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 period 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.

BROADWAY FINANCIAL PLANNING LTD (REGISTERED NUMBER: 02971715)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2024 TO 31 MARCH 2025


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 January 2024 11,416
Additions 1,449
Disposals (8,584 )
At 31 March 2025 4,281
DEPRECIATION
At 1 January 2024 5,745
Charge for period 3,210
Eliminated on disposal (4,674 )
At 31 March 2025 4,281
NET BOOK VALUE
At 31 March 2025 -
At 31 December 2023 5,671

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2023
£    £   
Trade debtors - 695
Amounts owed by participating interests 59,161 -
Amounts recoverable on contract - 46,278
Prepayments and accrued income - 6,908
59,161 53,881

BROADWAY FINANCIAL PLANNING LTD (REGISTERED NUMBER: 02971715)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2024 TO 31 MARCH 2025


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2023
£    £   
Trade creditors - 1,822
Corporation tax - 53,730
Social security and other taxes - 6,284
Accruals and deferred income - 3,450
- 65,286

7. ULTIMATE PARENT COMPANY AND PARENT COMPANY OF LARGER GROUP

The Company is a subsidiary undertaking of Wren Sterling Financial Planning Limited.
The immediate controlling party is Ensco 1084 Limited, and the ultimate controlling party is Lightyear Capital LLC.