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REGISTERED NUMBER: 05149434 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BROADWELL ENTERPRISES LIMITED

BROADWELL ENTERPRISES LIMITED (REGISTERED NUMBER: 05149434)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BROADWELL ENTERPRISES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Mr A Shah
Mrs N A Shah
Mr N Dhanani
Mrs S N Dhanani





REGISTERED OFFICE: 87 South Street
Bishops Stortford
Hertfordshire
CM23 3AL





REGISTERED NUMBER: 05149434 (England and Wales)





ACCOUNTANTS: Arithma LLP
Chartered Certified Accountants
5 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX

BROADWELL ENTERPRISES LIMITED (REGISTERED NUMBER: 05149434)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 1,336 36,940
Tangible assets 5 113,683 140,501
Investments 6 1,296,293 1,296,293
1,411,312 1,473,734

CURRENT ASSETS
Stocks 82,145 72,398
Debtors 7 450,982 425,748
Cash at bank and in hand 214,413 435,812
747,540 933,958
CREDITORS
Amounts falling due within one year 8 (259,734 ) (389,432 )
NET CURRENT ASSETS 487,806 544,526
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,899,118

2,018,260

CREDITORS
Amounts falling due after more than one
year

9

(550,000

)

(700,000

)

PROVISIONS FOR LIABILITIES (25,447 ) (31,498 )
NET ASSETS 1,323,671 1,286,762

BROADWELL ENTERPRISES LIMITED (REGISTERED NUMBER: 05149434)

BALANCE SHEET - continued
31 DECEMBER 2024

2024 2023
Notes £    £   
CAPITAL AND RESERVES
Called up share capital 40,000 40,000
Retained earnings 10 1,283,671 1,246,762
SHAREHOLDERS' FUNDS 1,323,671 1,286,762

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 12 August 2025 and were signed on its behalf by:





Mr N Dhanani - Director


BROADWELL ENTERPRISES LIMITED (REGISTERED NUMBER: 05149434)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Broadwell Enterprises 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.

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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of twenty years.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - over the duration of the lease
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 20% on cost
Computer equipment - 25% on reducing balance

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiary undertakings are recognised at cost.

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION
Taxation for the year comprises current and deferred tax.

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 that have been enacted or substantively enacted by the balance sheet date.


BROADWELL ENTERPRISES LIMITED (REGISTERED NUMBER: 05149434)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


2. ACCOUNTING POLICIES - continued
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 year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 712,075
AMORTISATION
At 1 January 2024 675,135
Amortisation for year 35,604
At 31 December 2024 710,739
NET BOOK VALUE
At 31 December 2024 1,336
At 31 December 2023 36,940

BROADWELL ENTERPRISES LIMITED (REGISTERED NUMBER: 05149434)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


5. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 January 2024 5,827 318,064 70,557
Additions - 408 -
At 31 December 2024 5,827 318,472 70,557
DEPRECIATION
At 1 January 2024 5,826 259,924 54,657
Charge for year - 14,536 3,975
At 31 December 2024 5,826 274,460 58,632
NET BOOK VALUE
At 31 December 2024 1 44,012 11,925
At 31 December 2023 1 58,140 15,900

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2024 142,700 21,987 559,135
Additions 18,431 - 18,839
At 31 December 2024 161,131 21,987 577,974
DEPRECIATION
At 1 January 2024 82,598 15,629 418,634
Charge for year 25,556 1,590 45,657
At 31 December 2024 108,154 17,219 464,291
NET BOOK VALUE
At 31 December 2024 52,977 4,768 113,683
At 31 December 2023 60,102 6,358 140,501

BROADWELL ENTERPRISES LIMITED (REGISTERED NUMBER: 05149434)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


6. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 1 January 2024
and 31 December 2024 1,296,293
NET BOOK VALUE
At 31 December 2024 1,296,293
At 31 December 2023 1,296,293

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 187,194 207,691
Amounts owed by group undertakings 120,588 171,091
Other debtors 143,200 46,966
450,982 425,748

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 226,243 253,394
Taxation and social security 22,141 50,549
Other creditors 11,350 85,489
259,734 389,432

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 550,000 700,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 550,000 700,000

Other creditors represent a loan from Mahavir Trust, which is unsecured and bears interest at the rate of 4% per annum. The loan is interest only and repayable by 26 October 2033.

BROADWELL ENTERPRISES LIMITED (REGISTERED NUMBER: 05149434)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


10. RESERVES
Retained
earnings
£   

At 1 January 2024 1,246,762
Profit for the year 36,909
At 31 December 2024 1,283,671

11. RELATED PARTY DISCLOSURES

Other debtors include a loan of £88,573 receivable from the directors, including accrued interest charge at a rate of 2.25% per annum. The loan has been repaid in April 2025.

12. CONTROL

The company is controlled by the directors by virtue of their shareholdings.